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 Statements of Operations
(in thousands, except share and per share amounts)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue, net | $98,204 | $100,536 | $285,613 | $275,974 |
| Cost of goods sold | 56,856 | 66,477 | 164,822 | 182,197 |
| Gross profit | 41,348 | 34,059 | 120,791 | 93,777 |
| Operating expenses | ||||
| Marketing and advertising | 10,109 | 8,260 | 25,129 | 22,418 |
| Salaries, wages and benefits | 16,548 | 13,907 | 49,419 | 52,087 |
| General and administrative | 12,324 | 19,474 | 38,619 | 56,529 |
| Other operating expense (income), net | 1,261 | (596) | 1,584 | 734 |
| Total operating expenses | 40,242 | 41,045 | 114,751 | 131,768 |
| Operating income (loss) | 1,106 | (6,986) | 6,040 | (37,991) |
| Non-operating expenses | ||||
| Interest expense, net | (2,453) | (3,544) | (6,805) | (4,658) |
| Other (expense) income, net | — | (108) | — | 138 |
| Total non-operating expenses | (2,453) | (3,652) | (6,805) | (4,520) |
| Loss before income taxes | (1,347) | (10,638) | (765) | (42,511) |
| Income tax expense | 50 | 56 | 151 | 169 |
| Net loss | $(1,397) | $(10,694) | $(916) | $(42,680) |
| Less: Net loss attributable to non-controlling interest | (862) | (7,462) | (446) | (30,420) |
| Net loss attributable to BRC Inc. | $(535) | $(3,232) | $(470) | $(12,260) |
| Net loss per share attributable to Class A Common Stock | ||||
| Basic and diluted | $(0.01) | $(0.05) | $(0.01) | $(0.21) |
| Weighted-average shares of Class A Common Stock outstanding | ||||
| Basic and diluted | 72,154,931 | 61,964,157 | 68,904,034 | 59,738,542 |
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