v3.25.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 26,301 $ 30,653
Accounts receivable, net 13,120 10,795
Inventories 15,740 18,618
Prepaid expenses and other current assets 1,753 1,843
Total current assets 56,914 61,909
Property and equipment, net 1,004 1,261
Right-of-use assets under operating leases, net 824 1,099
Intangible assets, net 3,053 3,179
Other non-current assets 655 503
Total assets 62,450 67,951
Current liabilities:    
Accounts payable 14,383 15,295
Accrued expenses and other current liabilities 9,228 8,340
Current portion of operating lease liabilities 686 587
Total current liabilities 24,297 24,222
Operating lease liabilities, net of current portion 400 726
Other non-current liabilities 58 58
Total liabilities 24,755 25,006
Commitments and contingencies (Note 9)
Stockholders' equity    
Preferred Stock, $0.001 par value. 10,000,000 shares authorized, no shares issued and outstanding as of June 30, 2025 and December 31, 2024. 0 0
Class A common stock, $0.001 par value. 550,000,000 shares authorized, 67,318,542 and 61,646,478 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively. 67 61
Class B common stock, $0.001 par value. 250,000,000 shares authorized, 7,631,051 and 11,551,235 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively. 8 12
Additional paid-in capital 180,209 186,148
Accumulated deficit (127,265) (121,342)
Total Zevia PBC stockholders' equity 53,019 64,879
Noncontrolling Interests (15,324) (21,934)
Total equity 37,695 42,945
Total liabilities and equity $ 62,450 $ 67,951