BRC Inc
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 3, 2025
BRCC$9.80-2.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’Equity Deficit
BRC INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT)
(in thousands, except for number of shares)
| Shares | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Members’Interest | 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 | AccumulatedDeficit | Non-Controlling Interest | Total Stockholders’ Equity (Deficit) | |
| Balance at December 31, 2021 | $(129,495) | — | — | — | $— | $— | $— | $— | $(19,996) | $— | $(149,491) |
| Equity-based compensation prior to Business Combination | 308 | — | — | — | — | — | — | — | — | — | 308 |
| Non-employee equity-based compensation prior to Business Combination | 241 | — | — | — | — | — | — | — | — | — | 241 |
| Series A preferred discount amortization prior to Business Combination | (6,621) | — | — | — | — | — | — | — | — | — | (6,621) |
| Repurchase of member units prior to Business Combination | (1,599) | — | — | — | — | — | — | — | — | — | (1,599) |
| Net loss prior to Business Combination | — | — | — | — | — | — | — | — | (2,691) | — | (2,691) |
| Effect of Business Combination | 137,166 | 44,009,874 | 139,106,323 | 1,388,125 | 4 | 14 | — | (103) | (831) | (83,319) | 52,931 |
| Equity-based compensation after Business Combination | — | — | — | — | — | — | — | 820 | — | 3,217 | 4,037 |
| Non-employee equity-based compensation after Business Combination | — | — | — | — | — | — | — | — | — | 608 | 608 |
| First Tier vesting event | — | 694,062 | 9,926,563 | (694,062) | — | 1 | — | 38,783 | — | 133,589 | 172,373 |
| Second Tier vesting event | — | 694,063 | 9,926,562 | (694,063) | — | 1 | — | 60,803 | — | 195,154 | 255,958 |
| Warrant redemption | — | 6,376,346 | — | — | 1 | — | — | 24,924 | — | 68,235 | 93,160 |
| Applicable premium vesting | — | 6,196 | 820,310 | — | — | — | — | 3,153 | — | 8,922 | 12,075 |
| Common Unit redemption | — | 5,880,733 | (5,880,733) | — | — | — | — | 1,128 | — | (1,128) | — |
| Net loss after Business Combination | — | — | — | — | — | — | — | — | (80,215) | (255,138) | (335,353) |
| Balance at December 31, 2022 | $— | 57,661,274 | 153,899,025 | — | $5 | $16 | $— | $129,508 | $(103,733) | $70,140 | $95,936 |
| Equity-based compensation | — | — | — | — | — | — | — | 2,148 | — | 4,826 | 6,974 |
| Common Unit redemption | — | 7,414,036 | (7,414,036) | — | — | — | — | 1,758 | — | (1,758) | — |
| Employee stock purchase plan | — | 157,044 | — | — | — | — | — | 673 | — | — | 673 |
| Vesting of stock awards, net of shares withheld for taxes | — | 405,452 | — | — | 1 | (1) | — | (359) | — | — | (359) |
| Net loss | — | — | — | — | — | — | — | — | (16,745) | (39,971) | (56,716) |
| Balance at December 31, 2023 | $— | 65,637,806 | 146,484,989 | — | $6 | $15 | $— | $133,728 | $(120,478) | $33,237 | $46,508 |
| Equity-based compensation | — | — | — | — | — | — | — | 3,627 | — | 6,980 | 10,607 |
| Common Unit redemption | — | 11,948,525 | (11,948,525) | — | — | — | — | (802) | — | 802 | — |
| Employee stock purchase plan | — | 144,017 | — | — | — | — | — | 518 | — | — | 518 |
| Vesting of stock awards, net of shares withheld for taxes | — | 554,015 | — | — | 2 | (2) | — | (501) | — | — | (501) |
| Proceeds from exercise of stock options, net of taxes | — | 2,546 | — | — | — | — | — | 13 | — | — | 13 |
| Net loss | — | — | — | — | — | — | — | — | (2,952) | (4,697) | (7,649) |
| Balance at December 31, 2024 | $— | 78,286,909 | 134,536,464 | — | $8 | $13 | $— | $136,583 | $(123,430) | $36,322 | $49,496 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.