BRC Inc
For the period ended Sep 30, 2024. Filed Nov 4, 2024.
View on SEC.govAbout this filing
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$9.80-2.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders' Equity (Deficit)
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(in thousands, except for number of shares)
| Shares | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | Class C Common Stock | Class A Common Stock | Class B Common Stock | Class C Common Stock | Additional Paid-In Capital | Accumulated Deficit | Non-Controlling Interest | Total Stockholders' Equity (Deficit) | |
| Balance at January 1, 2023 | 57,661,274 | 153,899,025 | — | $5 | $16 | $— | $129,508 | $(103,733) | $70,140 | $95,936 |
| Equity-based compensation | — | — | — | — | — | — | 2,287 | — | 219 | 2,506 |
| Common Unit redemption | 742,583 | (742,583) | — | — | — | — | 299 | — | (299) | — |
| Employee stock purchase plan | 59,521 | — | — | — | — | — | 305 | — | — | 305 |
| Net loss | — | — | — | — | — | — | — | (4,800) | (12,521) | (17,321) |
| Balance at March 31, 2023 | 58,463,378 | 153,156,442 | — | $5 | $16 | $— | $132,399 | $(108,533) | $57,539 | $81,426 |
| Equity-based compensation | — | — | — | — | — | — | 2,324 | — | 219 | 2,543 |
| Common Unit redemption | 2,112,345 | (2,112,345) | — | — | — | — | 230 | — | (230) | — |
| Vesting of stock awards, net of shares withheld for taxes | 174,530 | — | — | — | — | — | — | — | — | — |
| Net loss | — | — | — | — | — | — | — | (4,228) | (10,437) | (14,665) |
| Balance at June 30, 2023 | 60,750,253 | 151,044,097 | — | $5 | $16 | $— | $134,953 | $(112,761) | $47,091 | $69,304 |
| Equity-based compensation | — | — | — | — | — | — | 1,496 | — | (900) | 596 |
| Common Unit redemption | 2,648,405 | (2,648,405) | — | — | — | — | 761 | — | (761) | — |
| Employee stock purchase plan | 97,523 | — | — | — | — | — | 368 | — | — | 368 |
| Vesting of stock awards, net of shares withheld for taxes | 145,815 | — | — | — | — | — | (121) | — | — | (121) |
| Net loss | — | — | — | — | — | — | — | (3,232) | (7,462) | (10,694) |
| Balance at September 30, 2023 | 63,641,996 | 148,395,692 | — | $5 | $16 | $— | $137,457 | $(115,993) | $37,968 | $59,453 |
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(in thousands, except for number of shares)
| Shares | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | Class C Common Stock | Class A Common Stock | Class B Common Stock | Class C Common Stock | Additional Paid-In Capital | Accumulated Deficit | Non-Controlling Interest | Total Stockholders' Equity (Deficit) | |
| Balance at January 1, 2024 | 65,637,806 | 146,484,989 | — | $6 | $15 | $— | $133,728 | $(120,478) | $33,237 | $46,508 |
| Equity-based compensation | — | — | — | — | — | — | 612 | — | 1,340 | 1,952 |
| Common Unit redemption | 1,405,124 | (1,405,124) | — | — | — | — | (42) | — | 42 | — |
| Employee stock purchase plan | 63,832 | — | — | — | — | — | 251 | — | — | 251 |
| Vesting of stock awards, net of shares withheld for taxes | 28,235 | — | — | — | — | — | (30) | — | — | (30) |
| Net income | — | — | — | — | — | — | — | 548 | 1,307 | 1,855 |
| Balance at March 31, 2024 | 67,134,997 | 145,079,865 | — | $6 | $15 | $— | $134,519 | $(119,930) | $35,926 | $50,536 |
| Equity-based compensation | — | — | — | — | — | — | 1,078 | — | 2,227 | 3,305 |
| Common Unit redemption | 2,511,602 | (2,511,602) | — | — | — | — | 4 | — | (4) | — |
| Employee stock purchase plan | 1,898 | — | — | — | — | — | 7 | — | — | 7 |
| Vesting of stock awards, net of shares withheld for taxes | 304,585 | — | — | 1 | (1) | — | (333) | — | — | (333) |
| Proceeds from exercise of stock options, net of taxes | 2,546 | — | — | — | — | — | 13 | — | — | 13 |
| Net loss | — | — | — | — | — | — | — | (482) | (892) | (1,374) |
| Balance at June 30, 2024 | 69,955,628 | 142,568,263 | — | $7 | $14 | $— | $135,288 | $(120,412) | $37,257 | $52,154 |
| Equity-based compensation | — | — | — | — | — | — | 938 | — | 1,667 | 2,605 |
| Common Unit redemption | 7,094,928 | (7,094,928) | — | — | — | — | (975) | — | 975 | — |
| Employee stock purchase plan | 78,287 | — | — | — | — | — | 260 | — | — | 260 |
| Vesting of stock awards, net of shares withheld for taxes | 136,569 | — | — | 1 | — | — | (58) | — | — | (57) |
| Net loss | — | — | — | — | — | — | — | (535) | (862) | (1,397) |
| Balance at September 30, 2024 | 77,265,412 | 135,473,335 | — | $8 | $14 | $— | $135,453 | $(120,947) | $39,037 | $53,565 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.