Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED BALANCE SHEETS

v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 4,304 $ 6,810
Accounts receivable, net 29,554 33,604
Inventories, net 48,582 42,647
Prepaid expenses and other current assets 19,508 12,410
Assets held for sale 4,294 0
Total current assets 106,242 95,471
Property, plant and equipment, net 49,351 59,204
Operating lease, right-of-use asset 25,572 26,703
Non-current prepaid marketing expenses 43,621 45,506
Identifiable intangibles, net 329 359
Other 138 139
Total assets 225,253 227,382
Current liabilities:    
Accounts payable 34,919 38,817
Accrued liabilities 38,348 27,900
Deferred revenue and gift card liability 3,770 3,918
Current maturities of long-term debt 2,547 2,047
Current operating lease liability 2,515 2,523
Current maturities of finance lease obligations 7 13
Total current liabilities 82,106 75,218
Non-current liabilities:    
Long-term debt, net 70,118 63,027
Finance lease obligations, net of current maturities 17 0
Operating lease liability 27,810 29,087
Other non-current liabilities 9,552 10,554
Total non-current liabilities 107,497 102,668
Total liabilities 189,603 177,886
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 both June 30, 2025 and December 31, 2024 0 0
Additional paid in capital 141,727 136,583
Accumulated deficit (131,647) (123,430)
Total BRC Inc.'s stockholders' equity 10,101 13,174
Non-controlling interests 25,549 36,322
Total stockholders' equity 35,650 49,496
Total liabilities and stockholders' equity 225,253 227,382
Class A Common Stock    
Stockholders' equity:    
Common stock 8 8
Class B Common Stock    
Stockholders' equity:    
Common stock 13 13
Class C Common Stock    
Stockholders' equity:    
Common stock $ 0 $ 0