Supplemental Balance Sheet Information (Tables)
|
3 Months Ended |
Mar. 31, 2026 |
|---|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] |
|
| Schedule of Inventories |
Inventories, net, consists of the following (dollars in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31, |
|
December 31, |
|
2026 |
|
2025 |
|
(unaudited) |
|
(audited) |
|
|
|
|
Coffee and Energy: |
|
|
|
| Unroasted |
$ |
3,261 |
|
|
$ |
3,519 |
|
| Finished Goods |
23,501 |
|
|
20,144 |
|
| Ready-to-Drink (raw materials) |
1,572 |
|
|
3,935 |
|
| Ready-to-Drink (finished goods) |
19,255 |
|
|
17,943 |
|
| Apparel and other merchandise |
3,218 |
|
|
4,162 |
|
| Total inventories, net |
$ |
50,807 |
|
|
$ |
49,703 |
|
|
| Schedule of Property, Plant and Equipment, Net |
Property, plant and equipment, net consists of the following (dollars in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31, |
|
December 31, |
|
2026 |
|
2025 |
|
(unaudited) |
|
(audited) |
|
|
|
|
| Building and leasehold improvements |
$ |
24,216 |
|
|
$ |
24,216 |
|
| Machinery and equipment |
19,821 |
|
|
19,694 |
|
| Computer equipment and software |
20,008 |
|
|
19,927 |
|
| Furniture and fixtures |
2,887 |
|
|
2,887 |
|
| Land |
110 |
|
|
110 |
|
| Vehicles |
809 |
|
|
809 |
|
| Construction in progress |
8,965 |
|
|
8,584 |
|
| Property, plant, and equipment, gross |
76,816 |
|
|
76,227 |
|
| Less: accumulated depreciation and amortization |
(35,518) |
|
|
(33,372) |
|
| Total property, plant and equipment, net |
$ |
41,298 |
|
|
$ |
42,855 |
|
|
| Schedule of Accrued Liabilities |
Accrued liabilities consists of the following (dollars in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31, |
|
December 31, |
|
2026 |
|
2025 |
|
(unaudited) |
|
(audited) |
| Accrued compensation and benefits |
$ |
7,959 |
|
|
$ |
5,919 |
|
Accrued trade |
4,005 |
|
|
2,587 |
|
| Accrued inventory purchases |
3,286 |
|
|
843 |
|
| Accrued freight |
2,161 |
|
|
4,333 |
|
| Accrued software contracts |
2,081 |
|
|
4,024 |
|
| Accrued professional fees |
2,809 |
|
|
2,761 |
|
| Deferred purchase incentive |
2,506 |
|
|
2,506 |
|
| Accrued marketing |
1,898 |
|
|
2,330 |
|
| Accrued donations |
1,659 |
|
|
1,709 |
|
| Accrued sales and other taxes |
1,119 |
|
|
1,137 |
|
| Other accrued expenses |
4,084 |
|
|
4,306 |
|
| Total accrued liabilities |
$ |
33,567 |
|
|
$ |
32,455 |
|
|
| Schedule of Deferred Revenue, Gift Cards, and Loyalty Program, Including Significant Changes in Deferred Revenue |
The following table provides information about deferred revenue, gift cards, and the BRCC Loyalty Points rewards program (the "Loyalty Program"), including significant changes in deferred revenue balances for the below designated periods (dollars in thousands, unaudited):
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, |
|
2026 |
|
2025 |
| Balance at beginning of period |
$ |
4,033 |
|
|
$ |
3,918 |
|
| Sales of gift cards |
128 |
|
|
325 |
|
| Redemption of gift cards |
(153) |
|
|
(395) |
|
| Increase from deferral of revenue |
1,870 |
|
|
1,760 |
|
| Decrease from revenue recognition |
(2,521) |
|
|
(1,784) |
|
| Loyalty Program points earned |
279 |
|
|
317 |
|
| Loyalty Program points redeemed/expired |
(351) |
|
|
(327) |
|
| Balance at end of period |
$ |
3,285 |
|
|
$ |
3,814 |
|
|