v3.22.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 93,085 $ 18,334
Accounts receivable, net 13,685 7,442
Inventories 26,583 20,872
Prepaid expenses and other current assets 11,219 6,377
Total current assets 144,572 53,025
Property, plant and equipment, net 38,516  
Property, plant and equipment, net   31,114
Operating lease, right-of-use asset 10,392  
Identifiable intangibles, net 242 167
Other 785 2,776
Total assets 194,507 87,082
Current liabilities:    
Accounts payable 8,465 17,387
Accrued liabilities 16,478 22,233
Deferred revenue and gift card liability 8,010 7,334
Current maturities of long-term debt, net 3,282 11,979
Current operating lease liability 959  
Current maturities of finance lease obligations 92  
Current maturities of finance lease obligations   85
Total current liabilities 37,286 59,018
Non-current liabilities:    
Long-term debt, net 17,249 22,712
Finance lease obligations, net of current maturities 234  
Finance lease obligations, net of current maturities   228
Operating lease liability 9,690  
Other non-current liabilities 478 334
Total non-current liabilities 27,651 23,274
Total liabilities 64,937 82,292
Commitments and Contingencies (Note 15)
Series A preferred equity, less issuance costs (151,406 units authorized, issued and outstanding as of December 31, 2021) 0 154,281
Stockholders' equity/members' deficit:    
Preferred stock, $0.0001 par value, 1,000,000 shares authorized; no shares issued or outstanding 0 0
Additional paid in capital 128,245 0
Accumulated deficit (94,503) (19,996)
Members' deficit (18,769 Class A units and 73,890 Class B units authorized, issued and outstanding as of December 31, 2021)   (129,495)
Total BRC Inc.'s stockholders' equity/members' deficit 33,763 (149,491)
Non-controlling interests 95,807 0
Total stockholders' equity/members' deficit 129,570 (149,491)
Total liabilities, Series A preferred, and stockholders' equity/members' deficit 194,507 87,082
Class A Common Stock    
Stockholders' equity/members' deficit:    
Common stock 5 0
Class B Common Stock    
Stockholders' equity/members' deficit:    
Common stock 16 0
Class C Common Stock    
Stockholders' equity/members' deficit:    
Common stock $ 0 $ 0

Source