BRC Inc.
For the period ended Sep 30, 2025. Filed Nov 3, 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.
Sep 30, 2025 · Filed Nov 3, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Property, Plant and Equipment, Net
- Property, Plant and Equipment, Net
Property, plant and equipment, net consists of the following (dollars in thousands):
| September 30, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| (unaudited) | (audited) | |
| Building and leasehold improvements | $24,131 | $27,429 |
| Machinery and equipment | 19,621 | 19,946 |
| Computer equipment and software | 19,210 | 17,814 |
| Furniture and fixtures | 2,891 | 2,949 |
| Land | 110 | 1,547 |
| Vehicles | 551 | 762 |
| Construction in progress | 10,848 | 10,925 |
| Property, plant, and equipment, gross | 77,362 | 81,372 |
| Less: accumulated depreciation and amortization | (30,780) | (22,168) |
| Total property, plant and equipment, net | $46,582 | $59,204 |
The total depreciation expense for internal use software was $1,355 and $4,043 for the three and nine months ended September 30, 2025, respectively, and $1,285 and $3,288 for the three and nine months ended September 30, 2024, respectively.
All long-lived assets are located in the United States.
Assets Held for Sale
During the second quarter of 2025, management committed to a plan to sell office property located in Salt Lake City, Utah. As of September 30, 2025, the carrying value of this office property is included in the financial line item "Assets held for sale" on the consolidated balance sheets. The property, including the land, building and improvements had a net carrying value of $4,294 and was previously classified within "Property, plant and equipment, net" on the consolidated balance sheets. On July 17, 2025, the Company entered into an agreement to sell this Salt Lake City property for $5,350. The sale closed on October 17, 2025.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.