v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 25,934 $ 34,655
Accounts receivable, net 90,850 119,882
Inventories 87,735 92,580
Prepaid expenses and other current assets 32,217 39,942
Total current assets 236,736 287,059
Property and equipment, net 75,660 78,357
Operating lease right-of-use assets, net 50,514 52,846
Goodwill 133,759 133,652
Intangible assets, net 147,636 151,547
Other assets 4,096 3,793
Total assets 648,401 707,254
Current liabilities:    
Line of credit 85,000 60,000
Current portion of long-term debt 22,611 22,512
Current portion of operating lease liabilities 17,343 17,102
Accounts payable 56,958 63,130
Accrued royalties 42,957 61,362
Accrued expenses and other current liabilities 53,351 81,688
Total current liabilities 278,220 305,794
Long-term debt 94,610 100,303
Operating lease liabilities 57,248 60,390
Other long-term liabilities 4,168 4,414
Commitments and Contingencies (Note 6)
Stockholders’ equity:    
Additional paid-in-capital 348,358 343,472
Accumulated other comprehensive income (loss) 807 (1,676)
Accumulated deficit (136,370) (108,782)
Total stockholders’ equity attributable to Funko, Inc. 212,800 233,019
Non-controlling interests 1,355 3,334
Total stockholders’ equity 214,155 236,353
Total liabilities and stockholders’ equity 648,401 707,254
Common Class A    
Stockholders’ equity:    
Common stock, value 5 5
Common Class B    
Stockholders’ equity:    
Common stock, value $ 0 $ 0