Changes in current assets and current liabilities affecting cash were as follows:
| | | | | | | | | | | | | | | | | First Quarter | | (in thousands) | | 2026 | | 2025 | | Accounts receivable, trade | | $ | (24,520) | | | $ | 10,467 | | | Allowance for doubtful accounts | | 1,200 | | | (664) | | | Accounts receivable from The Coca‑Cola Company | | (47,371) | | | (6,814) | | | Accounts receivable, other | | 13,489 | | | (4,595) | | | Inventories | | (52,339) | | | (9,819) | | | Prepaid expenses and other current assets | | (11,642) | | | 114 | | | Short-term investments | | — | | | (1,451) | | | Accounts payable, trade | | 49,403 | | | 9,572 | | | Accounts payable to The Coca‑Cola Company | | 97,394 | | | 47,630 | | | Other accrued liabilities | | 12,258 | | | 20,219 | | | Accrued compensation | | (83,961) | | | (84,335) | | | Change in current assets less current liabilities | | $ | (46,089) | | | $ | (19,676) | |
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