v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 38,195 $ 69,936
Restricted cash 4,861 201
Accounts receivable, net of allowance for credit losses of $5,258 and $4,919 at June 30, 2025 and December 31, 2024, respectively 124,489 131,629
Inventory 71,811 52,780
Prepaid expenses and other assets 22,575 14,141
Total current assets 261,931 268,687
Property and equipment    
Office furniture and equipment 10,081 10,049
Molds and tooling 129,385 125,618
Leasehold improvements 7,195 6,956
Total 146,661 142,623
Less accumulated depreciation and amortization 126,890 126,981
Property and equipment, net 19,771 15,642
Operating lease right-of-use assets, net 49,931 53,254
Other long-term assets 1,734 1,781
Deferred income tax assets, net 70,401 70,394
Goodwill 34,950 35,111
Total assets 438,718 444,869
Current liabilities    
Accounts payable 65,422 42,560
Accounts payable - Meisheng (related party) 0 13,461
Accrued expenses 45,890 48,456
Reserve for sales returns and allowances 29,116 35,817
Income taxes payable 0 1,035
Short-term operating lease liabilities 12,405 8,091
Total current liabilities 152,833 149,420
Long-term operating lease liabilities 43,881 48,433
Accrued expenses – long term 3,222 2,563
Income taxes payable 2,045 3,620
Total liabilities 201,981 204,036
Stockholders’ Equity    
Common stock, $0.001 par value; 100,000,000 shares authorized; 11,146,831 and 11,025,582 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 11 11
Additional paid-in capital 299,110 297,198
Accumulated deficit (49,965) (39,692)
Accumulated other comprehensive loss (12,919) (17,184)
Total JAKKS Pacific, Inc. stockholders’ equity 236,237 240,333
Non-controlling interests 500 500
Total stockholders’ equity 236,737 240,833
Total liabilities and stockholders’ equity $ 438,718 $ 444,869