BRC Inc.
For the period ended Jun 30, 2026. Filed Aug 3, 2026.
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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.
Jun 30, 2026 · Filed Aug 3, 2026
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 Cash Flows
(in thousands)
| Six Months Ended June 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Operating activities | ||
| Net loss | $(140) | $(22,357) |
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||
| Depreciation and amortization | 4,180 | 6,536 |
| Equity-based compensation | 5,702 | 5,331 |
| Amortization of debt issuance costs | 546 | 536 |
| Loss on disposal of assets | — | 839 |
| Paid-in-kind interest | — | 1,155 |
| Other | 30 | 423 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | 2,137 | 3,967 |
| Inventories, net | 4,023 | (6,341) |
| Prepaid expenses and other assets | 1,653 | (1,595) |
| Accounts payable | 1,328 | (3,590) |
| Accrued liabilities | (2,764) | 10,067 |
| Deferred revenue and gift card liability | (1,131) | (148) |
| Operating lease liability | (1,228) | (1,285) |
| Other liabilities | (1,701) | (1,002) |
| Net cash provided by (used in) operating activities | 12,635 | (7,464) |
| Investing activities | ||
| Purchases of property, plant, and equipment | (1,093) | (2,147) |
| Proceeds from sale of property and equipment | 23 | — |
| Net cash used in investing activities | (1,070) | (2,147) |
| Financing activities | ||
| Proceeds from ABL Facility | 26,500 | 197,457 |
| Debt issuance costs paid | — | (225) |
| Repayment of long-term debt | (29,750) | (190,932) |
| Financing lease obligations | (2) | 11 |
| Repayment of promissory note | (400) | (400) |
| Tax withholdings on vested Restricted Stock Units | (273) | — |
| Issuance of stock from the Employee Stock Purchase Plan | 59 | 194 |
| Proceeds received for settlement agreement | — | 1,000 |
| Net cash provided by (used in) financing activities | (3,866) | 7,105 |
| Net increase (decrease) in cash, cash equivalents | 7,699 | (2,506) |
| Cash and cash equivalents, beginning of period | 4,330 | 6,810 |
| Cash and cash equivalents, end of period | $12,029 | $4,304 |
| Supplemental cash flow disclosures | ||
| Recognition of revenue for inventory exchanged for prepaid advertising | $(40) | $406 |
| Increase in insurance receivables as a result of legal settlement | — | 2,500 |
| Property and equipment purchased but not yet paid | 35 | (4) |
| Cash paid for income taxes | 133 | 334 |
| Cash paid for interest | 2,170 | 1,822 |
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