v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 15,975 $ 28,406
Receivables, net 4,910 3,450
Inventories 3,392 2,898
Prepaid expenses and deposits 4,539 5,363
Total current assets 28,816 40,117
Property and equipment, net 127,608 101,207
Operating lease right-of-use assets, net 147,858 126,903
Other assets 1,150 277
Goodwill 9,360 9,360
Deferred income tax asset 72,691 52,764
Intangible assets, net 4,885 5,808
Total assets 392,368 336,436
Current liabilities:    
Accounts payable 10,096 12,126
Accrued expenses 10,471 7,986
Accrued payroll and benefits 7,228 6,549
Gift card and loyalty program liability 2,009 2,126
Current portion of long-term debt 1,206 835
Current portion of operating lease liabilities 9,722 8,960
Total current liabilities 40,732 38,582
Tax receivable agreement liability 61,993 38,893
Long-term debt, net of current portion 29,382 25,917
Operating lease liabilities, net of current portion 150,732 128,338
Total liabilities 282,839 231,730
Commitments and Contingencies (Note 13)
Preferred stock, par value $0.00001 per share; 20,000,000 shares authorized, no shares issued or outstanding as of June 30, 2026 and December 31, 2025, respectively 0 0
Additional paid-in capital 53,096 45,735
Retained earnings (Accumulated deficit) 1,536 (60)
Total shareholders' equity attributable to Black Rock Coffee Bar, Inc. 54,632 45,675
Noncontrolling interest 54,897 59,031
Total shareholders' equity 109,529 104,706
Total liabilities and shareholders' equity 392,368 336,436
Class A Common stock    
Current liabilities:    
Common stock, value, issued 0 0
Class B Common stock    
Current liabilities:    
Common stock, value, issued 0 0
Class C Common stock    
Current liabilities:    
Common stock, value, issued $ 0 $ 0