Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.25.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Revenue, net $ 89,974 $ 98,392
Cost of goods sold 57,502 56,207
Gross profit 32,472 42,185
Operating expenses    
Marketing and advertising 11,322 7,609
Salaries, wages and benefits 13,563 15,261
General and administrative 11,786 15,346
Other operating expense, net 1,233 14
Total operating expenses 37,904 38,230
Operating income (loss) (5,432) 3,955
Non-operating expenses    
Interest expense, net (2,370) (2,051)
Total non-operating expenses (2,370) (2,051)
Income (loss) before income taxes (7,802) 1,904
Income tax expense 44 49
Net income (loss) (7,846) 1,855
Less: Net income (loss) attributable to non-controlling interest (4,958) 1,307
Net income (loss) attributable to BRC Inc. $ (2,888) $ 548
Net income (loss) per share attributable to Class A Common Stock    
Basic (in dollars per share) $ (0.04) $ 0.01
Diluted (in dollars per share) $ (0.04) $ 0.01
Weighted-average shares of Class A Common Stock outstanding    
Basic (in shares) 78,411,354 66,312,366
Diluted (in shares) 78,411,354 66,597,626