Balance Sheet

v3.24.3

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 7,336	$ 12,448
Restricted cash	315	1,465
Accounts receivable, net	28,884	25,207
Inventories, net	50,210	56,465
Prepaid expenses and other current assets	16,243	12,153
Total current assets	102,988	107,738
Property, plant and equipment, net	64,670	68,326
Operating lease, right-of-use asset	29,293	36,214
Identifiable intangibles, net	373	418
Other	36,340	23,080
Total assets	233,664	235,776
Current liabilities:
Accounts payable	31,227	33,564
Accrued liabilities	36,412	34,911
Deferred revenue and gift card liability	4,869	11,030
Current maturities of long-term debt	15,866	2,297
Current operating lease liability	2,195	2,249
Current maturities of finance lease obligations	19	58
Total current liabilities	90,588	84,109
Non-current liabilities:
Long-term debt, net	49,034	68,683
Finance lease obligations, net of current maturities	0	23
Operating lease liability	29,336	35,929
Other non-current liabilities	11,141	524
Total non-current liabilities	89,511	105,159
Total liabilities	180,099	189,268
Commitments and Contingencies (Note 14)
Stockholders' equity:
Preferred Stock, $0.0001 par value, 1,000,000 shares authorized; no shares issued or outstanding as of September 30, 2024 and December 31, 2023, respectively	0	0
Additional paid in capital	135,453	133,728
Accumulated deficit	(120,947)	(120,478)
Total BRC Inc.'s stockholders' equity	14,528	13,271
Non-controlling interests	39,037	33,237
Total stockholders' equity	53,565	46,508
Total liabilities and stockholders' equity	233,664	235,776
Class A Common Stock
Stockholders' equity:
Common stock	8	6
Class B Common Stock
Stockholders' equity:
Common stock	14	15
Class C Common Stock
Stockholders' equity:
Common stock	$ 0	$ 0

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Source