v3.22.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Revenue, net $ 65,836 $ 48,790
Cost of goods sold 42,623 29,152
Gross profit 23,213 19,638
Operating expenses    
Marketing and advertising 8,151 6,551
Salaries, wages and benefits 16,018 7,778
General and administrative 14,887 4,838
Total operating expenses 39,056 19,167
Operating income (loss) (15,843) 471
Non-operating income (expense)    
Interest expense (490) (294)
Other income (expense), net 348 8
Change in fair value of earn-out liability (171,098) 0
Change in fair value of warrant liability (62,109) 0
Change in fair value of derivative liability (7,507) 0
Total non-operating expenses (240,856) (286)
Income (loss) before income taxes (256,699) 185
Income tax expense 128 36
Net income (loss) (256,827) 149
Less: Net loss attributable to non-controlling interest (193,906)  
Net loss attributable to BRC Inc. $ (62,921) $ 149
Net income (loss) per share attributable to Class A common stockholders    
Basic (in dollars per share) [1] $ (1.36)  
Diluted (in dollars per share) [1] $ (1.36)  
Weighted-average shares of Class A common stock outstanding    
Basic (in shares) 44,254,837  
Diluted (in shares) 44,254,837  
[1] For the three months ended March 31, 2022, net income (loss) per share of Class A Common Stock and weighted-average shares of Class A Common Stock outstanding is representative of the period from February 9, 2022 through March 31, 2022, the period following the Business Combination, as defined in Note 1 - Organization and Nature of Business. For more information, refer to Note 15 - Net Loss per Share.

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