Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Information (Unaudited) - Income Statement Adjustments (Details)

v3.24.0.1
Quarterly Financial Information (Unaudited) - Income Statement Adjustments (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 9 Months Ended 11 Months Ended 12 Months Ended 23 Months Ended
Sep. 30, 2023
Sep. 30, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2023
Error Corrections and Prior Period Adjustments Restatement [Line Items]              
Revenue, net $ 100,536 $ 275,974   $ 395,623 $ 301,313 $ 233,101  
Cost of goods sold 66,477 182,197   270,175 202,134 143,414  
Gross profit 34,059 93,777   125,448 99,179 89,687  
Operating expenses              
Marketing and advertising 8,260 22,418   30,794 38,169 36,358  
Salaries, wages and benefits 13,907 52,087   71,054 64,286 38,746  
General and administrative 19,474 56,529   71,613 64,486 26,162  
Other operating expense, net (596) 734   2,198 0 0  
Total operating expenses 41,045 131,768   175,659 166,941 101,266  
Operating loss (6,986) (37,991)   (50,211) (67,762) (11,579)  
Non-operating income (expenses)              
Interest Expense (3,544) (4,658)   (6,330) (1,593) (2,033)  
Other income (expense), net (108) 138   10 339 (55)  
Change in fair value of earn-out liability 0 0   0 209,651 0  
Change in fair value of warrant liability 0 0 $ 62,110 0 56,675 0  
Change in fair value of derivative liability 0 0   0 (2,335) 0  
Total non-operating expenses (3,652) (4,520)   (6,320) (269,915) (2,088)  
Loss before income taxes (10,638) (42,511)   (56,531) (337,677) (13,667)  
Income tax expense 56 169   185 367 178  
Net loss (10,694) (42,680)   (56,716) (338,044) (13,845)  
Less: Net loss attributable to non-controlling interest (7,462) (30,420)   (39,971) (255,138) $ (252,185)
Net loss attributable to BRC Inc. $ (3,232) $ (12,260)   $ (16,745) $ (82,906)  
Net loss per share attributable to Class A Common Stock              
Basic (in dollars per share) $ (0.05) $ (0.21)   $ (0.27) [1] $ (1.62) [1] [1] $ (1.62)
Diluted (in dollars per share) $ (0.05) $ (0.21)   $ (0.27) [1] $ (1.62) [1] [1] $ (1.62) [1]
Weighted-average shares of Class A Common Stock outstanding              
Basic (in shares) 61,964,157 59,738,542   60,932,225 [1] 51,246,632 [1] [1] 51,246,632 [1]
Diluted (in shares) 61,964,157 59,738,542   60,932,225 [1] 51,246,632 [1] [1] 51,246,632 [1]
As Reported              
Error Corrections and Prior Period Adjustments Restatement [Line Items]              
Revenue, net $ 100,536 $ 275,974          
Cost of goods sold 66,477 182,197          
Gross profit 34,059 93,777          
Operating expenses              
Marketing and advertising 8,260 22,418          
Salaries, wages and benefits 13,907 52,087          
General and administrative 19,474 56,529          
Other operating expense, net (596) 734          
Total operating expenses 41,045 131,768          
Operating loss (6,986) (37,991)          
Non-operating income (expenses)              
Interest Expense (3,544) (4,658)          
Other income (expense), net (108) 138          
Change in fair value of earn-out liability 0 0          
Change in fair value of warrant liability 0 0          
Change in fair value of derivative liability 0 0          
Total non-operating expenses (3,652) (4,520)          
Loss before income taxes (10,638) (42,511)          
Income tax expense 56 169          
Net loss (10,694) (42,680)          
Less: Net loss attributable to non-controlling interest (7,462) (30,420)          
Net loss attributable to BRC Inc. $ (3,232) $ (12,260)          
Net loss per share attributable to Class A Common Stock              
Basic (in dollars per share) $ (0.05) $ (0.21)          
Diluted (in dollars per share) $ (0.05) $ (0.21)          
Weighted-average shares of Class A Common Stock outstanding              
Basic (in shares) 61,964,157 59,738,542          
Diluted (in shares) 61,964,157 59,738,542          
Adjustment              
Error Corrections and Prior Period Adjustments Restatement [Line Items]              
Revenue, net $ 0 $ 0          
Cost of goods sold 0 0          
Gross profit 0 0          
Operating expenses              
Marketing and advertising 0 0          
Salaries, wages and benefits 0 0          
General and administrative 0 0          
Other operating expense, net 0 0          
Total operating expenses 0 0          
Operating loss 0 0          
Non-operating income (expenses)              
Interest Expense 0 0          
Other income (expense), net 0 0          
Change in fair value of earn-out liability 0 0          
Change in fair value of warrant liability 0 0          
Change in fair value of derivative liability 0 0          
Total non-operating expenses 0 0          
Loss before income taxes 0 0          
Income tax expense 0 0          
Net loss 0 0          
Less: Net loss attributable to non-controlling interest 0 0          
Net loss attributable to BRC Inc. $ 0 $ 0          
Net loss per share attributable to Class A Common Stock              
Basic (in dollars per share) $ 0 $ 0          
Diluted (in dollars per share) $ 0 $ 0          
Weighted-average shares of Class A Common Stock outstanding              
Basic (in shares) 0 0          
Diluted (in shares) 0 0          
[1] For the year ended December 31, 2022, net 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 December 31, 2022, the period following the Business Combination, as defined in Note 1 - Organization and Nature of Business. For more information, refer to Note 17 - Net Loss per Share.