BRC Inc.
For the period ended Jun 30, 2025. Filed Aug 4, 2025.
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.
Jun 30, 2025 · Filed Aug 4, 2025
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
Deferred Revenue and Gift Card Liability
- Deferred Revenue and Gift Card Liability
The following table provides information about deferred revenue, gift cards, and the Loyalty Program, including significant changes in deferred revenue balances for the below designated periods (dollars in thousands, unaudited):
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Balance at beginning of period | $3,814 | $7,562 | $3,918 | $11,030 |
| Sales of gift cards | 108 | 145 | 433 | 451 |
| Redemption of gift cards | (157) | (121) | (552) | (491) |
| Increase from deferral of revenue | 1,738 | 2,056 | 1,738 | 2,056 |
| Decrease from revenue recognition | (1,760) | (2,297) | (1,784) | (2,832) |
| Loyalty Program points earned | 342 | 608 | 660 | 1,329 |
| Loyalty Program points redeemed/expired | (315) | (2,361) | (643) | (5,951) |
| Balance at end of period | $3,770 | $5,592 | $3,770 | $5,592 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.