BRC Inc
For the period ended Sep 30, 2024. Filed Nov 4, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 4, 2024
BRCC$10.09+4.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except share and par value amounts)
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| (unaudited) | (audited) | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $7,336 | $12,448 |
| Restricted cash | 315 | 1,465 |
| Accounts receivable, net | 28,884 | 25,207 |
| Inventories, net | 50,210 | 56,465 |
| Prepaid expenses and other current assets | 16,243 | 12,153 |
| Total current assets | 102,988 | 107,738 |
| Property, plant and equipment, net | 64,670 | 68,326 |
| Operating lease, right-of-use asset | 29,293 | 36,214 |
| Identifiable intangibles, net | 373 | 418 |
| Other | 36,340 | 23,080 |
| Total assets | $233,664 | $235,776 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $31,227 | $33,564 |
| Accrued liabilities | 36,412 | 34,911 |
| Deferred revenue and gift card liability | 4,869 | 11,030 |
| Current maturities of long-term debt | 15,866 | 2,297 |
| Current operating lease liability | 2,195 | 2,249 |
| Current maturities of finance lease obligations | 19 | 58 |
| Total current liabilities | 90,588 | 84,109 |
| Non-current liabilities: | ||
| Long-term debt, net | 49,034 | 68,683 |
| Finance lease obligations, net of current maturities | — | 23 |
| Operating lease liability | 29,336 | 35,929 |
| Other non-current liabilities | 11,141 | 524 |
| Total non-current liabilities | 89,511 | 105,159 |
| Total liabilities | 180,099 | 189,268 |
| Commitments and Contingencies (Note 14) | ||
| Stockholders' equity: | ||
| Preferred Stock, $0.0001 par value, 1,000,000 shares authorized; no shares issued or outstanding as of September 30, 2024 and December 31, 2023, respectively | — | — |
| Class A Common Stock, $0.0001 par value, 2,500,000,000 shares authorized; 77,265,412 and 65,637,806 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 8 | 6 |
| Class B Common Stock, $0.0001 par value, 300,000,000 shares authorized; 135,473,335 and 146,484,989 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 14 | 15 |
| Class C Common Stock, $0.0001 par value, 1,500,000 shares authorized; no shares issued or outstanding as of September 30, 2024 and December 31, 2023, respectively | — | — |
| Additional paid in capital | 135,453 | 133,728 |
| Accumulated deficit | (120,947) | (120,478) |
| Total BRC Inc.'s stockholders' equity | 14,528 | 13,271 |
| Non-controlling interests | 39,037 | 33,237 |
| Total stockholders' equity | 53,565 | 46,508 |
| Total liabilities and stockholders' equity | $233,664 | $235,776 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.