v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 35,446 $ 20,034
Accounts receivable, net of allowance for credit losses of $0.5 million and $1.1 million as of June 30, 2026 and December 31, 2025, respectively 29,858 29,764
Inventory 59,599 81,648
Prepaid expenses and other current assets 10,614 8,767
Total current assets 135,517 140,213
Non-current assets    
Property and equipment, net 10,088 13,197
Intangible assets, net 95,269 100,038
Goodwill 73,119 73,119
Operating lease right-of-use assets 14,450 17,901
Other non-current assets 14,569 15,874
Total non-current assets 207,495 220,129
Total assets 343,012 360,342
Current liabilities    
Accounts payable 11,681 13,073
Accrued expenses and other current liabilities 26,413 30,843
Deferred revenue 1,107 1,649
Current portion of long-term debt 4,200 1,800
Total current liabilities 43,401 47,365
Non-current liabilities    
Long-term debt, net 245,046 240,272
Deferred tax liability 211 6,739
Operating lease liabilities 11,049 13,888
Other non-current liabilities 964 677
Total non-current liabilities 257,270 261,576
Commitments and contingencies (Note 1)
Shareholders’ equity    
Additional paid-in capital 383,857 377,331
Retained earnings (accumulated deficit) (339,822) (329,965)
Accumulated other comprehensive income (loss) (488) (274)
Treasury stock, 54,200 and 32,836 owned as of June 30, 2026 and December 31, 2025, respectively (1,209) (1,092)
Equity attributable to Solo Brands, Inc. 42,341 46,003
Equity attributable to noncontrolling interests 0 5,398
Total equity 42,341 51,401
Total liabilities and equity 343,012 360,342
Class A Common Stock    
Shareholders’ equity    
Common stock issued 3 2
Class B Common Stock    
Shareholders’ equity    
Common stock issued $ 0 $ 1