Black Rifle Coffee Company Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS??? EQUITY (DEFICIT)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($) $ in Thousands	Total	Employee	Non-employee	Members’ Interest	Members’ Interest Employee	Members’ Interest Non-employee	Common Stock Class A Common Stock	Common Stock Class B Common Stock	Common Stock Class C Common Stock	Additional Paid-In Capital	Additional Paid-In Capital Employee	Accumulated Deficit	Non-Controlling Interest	Non-Controlling Interest Employee	Non-Controlling Interest Non-employee
Beginning balance at Dec. 31, 2020	$ (102,878)			$ (96,727)			$ 0	$ 0	$ 0	$ 0		$ (6,151)	$ 0
Beginning balance (in shares) at Dec. 31, 2020							0	0	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity-based compensation	3,204			3,204
Equity-based compensation after Business Combination	1,492			1,492
Series A preferred discount amortization prior to Business Combination	(34,511)			(34,511)
Repurchase of member units prior to Business Combination	(2,953)			(2,953)
Net loss	(13,845)											(13,845)
Ending balance at Dec. 31, 2021	(149,491)			(129,495)			$ 0	$ 0	$ 0	0		(19,996)	0
Ending balance (in shares) at Dec. 31, 2021							0	0	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity-based compensation after Business Combination		$ 4,037	$ 608								$ 820			$ 3,217	$ 608
Series A preferred discount amortization prior to Business Combination	(6,621)			(6,621)
Repurchase of member units prior to Business Combination	(1,599)			(1,599)
Net loss	(338,044)
Equity-based compensation prior to Business Combination		$ 308	$ 241		$ 308	$ 241
Net loss prior to Business Combination	(2,691)											(2,691)
Effect of Business Combination	52,931			137,166			$ 4	$ 14		(103)		(831)	(83,319)
Effect of Business Combination (in shares)							44,009,874	139,106,323	1,388,125
First Tier vesting event (in shares)							694,062	9,926,563	(694,062)
First Tier vesting event	172,373							$ 1		38,783			133,589
Second Tier vesting event (in shares)							694,063	9,926,562	(694,063)
Second Tier vesting event	255,958							$ 1		60,803			195,154
Warrant redemption (in shares)							6,376,346
Warrant redemption	93,160						$ 1			24,924			68,235
Applicable Premium Vesting (in shares)							6,196	820,310
Applicable Premium Vesting	12,075									3,153			8,922
Common Unit redemption (in shares)							5,880,733	(5,880,733)
Common Unit redemption	0									1,128			(1,128)
Net loss	(335,353)											(80,215)	(255,138)
Ending balance at Dec. 31, 2022	95,936			0			$ 5	$ 16	$ 0	129,508		(103,733)	70,140
Ending balance (in shares) at Dec. 31, 2022							57,661,274	153,899,025	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(42,680)
Ending balance at Sep. 30, 2023	59,453
Beginning balance at Dec. 31, 2022	95,936			0			$ 5	$ 16	$ 0	129,508		(103,733)	70,140
Beginning balance (in shares) at Dec. 31, 2022							57,661,274	153,899,025	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity-based compensation	6,974									2,148			4,826
Net loss	(56,716)											(16,745)	(39,971)
Common Unit redemption (in shares)							7,414,036	(7,414,036)
Common Unit redemption	0									1,758			(1,758)
Stock Issued During Period, Shares, Employee Stock Purchase Plans							157,044
Net loss	(56,716)
Employee stock purchase plan	673									673
Shares issued under stock plans (in shares)							405,452
Vesting of stock awards, net of shares withheld for taxes	(359)						$ 1	$ (1)		(359)
Ending balance at Dec. 31, 2023	$ 46,508			$ 0			$ 6	$ 15	$ 0	$ 133,728		$ (120,478)	$ 33,237
Ending balance (in shares) at Dec. 31, 2023							65,637,806	146,484,989	0