← Bark, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net loss | ($31.4m) | ($29.6m) | ($68.3m) | ($61.5m) | ($37.0m) | ($32.9m) | ($39.0m) | — | |
| Depreciation & amortization | $1.4m | $2.4m | $4.4m | $9.4m | $12.6m | $11.2m | $9.1m | $8.4m | |
| Amortization of deferred financing fees and debt discount | $1.3m | $3.5m | $829k | $676k | $578k | $412k | $307k | — | |
| Stock-based compensation expense | $1.8m | $6.5m | $17.9m | $14.8m | $12.9m | $12.7m | $14.4m | $13.6m | |
| Impairment of assets | — | $0 | $0 | $2.1m | $3.1m | $3.6m | $1.1m | — | |
| Accounts receivable | ($2.4m) | ($5.0m) | ($1.1m) | $3.0m | ($1.3m) | ($1.8m) | ($2.9m) | ($13.1m) | |
| Provision for inventory obsolescence | — | — | — | ($4.8m) | ($548k) | $1.6m | $1.5m | — | |
| Inventory | ($13.0m) | ($37.8m) | ($82.9m) | $33.5m | $40.7m | ($5.5m) | $11.1m | $25.3m | |
| Accounts payable and accrued expenses | $11.9m | $16.5m | ($13.5m) | $457k | ($17.8m) | $11.7m | ($13.4m) | — | |
| Purchases of property and equipment included in accounts payable and accrued liabilities | $204k | $1.8m | $339k | $131k | $4k | $182k | $0 | ($2.8m) | |
| Deferred revenue | $1.1m | $13.9m | $4.4m | ($3.8m) | ($1.8m) | ($4.7m) | $977k | — | |
| Prepaid expenses and other current assets | ($969k) | ($2.2m) | ($1.1m) | $2.6m | ($1.1m) | ($986k) | ($1.6m) | — | |
| Other assets | $0 | ($402k) | ($314k) | ($133k) | $700k | ($1.5m) | ($629k) | — | |
| Other liabilities | $10.4m | $13.3m | ($12.6m) | $180k | ($2.1m) | ($2.9m) | ($2.2m) | — | |
| Restricted cash—prepaid expenses and other current assets, other noncurrent assets | $0 | $1.5m | $2.3m | $5.2m | $5.2m | $3.5m | $5.9m | — | |
| Net cash (used in) provided by operating activities | ($19.7m) |
($1.0m)
+94.81%
|
($172.3m)
-16798.37%
|
$4.7m
+102.72%
|
$6.1m
+29.10%
|
($7.1m)
-216.82%
|
($23.2m)
-227.14%
|
($21.3m)
+8.20%
|
|
| Capital expenditures | ($4.7m) | ($4.8m) | ($21.2m) | ($21.3m) | ($8.8m) | ($6.2m) | ($3.4m) | ($2.8m) | |
| Net cash used in investing activities | ($4.7m) | ($254.3m) | ($21.2m) | ($21.1m) | ($8.8m) | ($6.2m) | ($3.4m) | ($2.8m) | |
| Bad debt expense | $56k | $52k | $307k | $178k | $154k | $0 | $74k | — | |
| Gain on extinguishment of debt | $0 | $0 | $2.0m | $0 | ($1.8m) | $0 | $0 | — | |
| Payments of long-term debt | ($500k) | ($25.2m) | ($39.5m) | $0 | ($42.3m) | $0 | ($42.9m) | — | |
| Proceeds from issuance of common stock under ESPP | — | $0 | $0 | $145k | $489k | $425k | $359k | — | |
| Payments to repurchase common stock | $0 | ($9k) | $0 | $0 | ($6.2m) | ($18.5m) | ($1.8m) | — | |
| Net cash used in financing activities | $22.7m |
$255.7m
+1027.42%
|
$355.5m
+39.03%
|
($2.1m)
-100.59%
|
($49.6m)
-2263.74%
|
($19.9m)
+59.95%
|
($45.7m)
-130.05%
|
($42.8m)
+6.31%
|
|
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH—BEGINNING OF PERIOD | $9.7m | $39.7m | $201.7m | $183.1m | $130.7m | $97.5m | $25.2m | ||
| NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | $30.1m | $161.9m | ($18.6m) | ($52.4m) | ($33.2m) | ($72.4m) | |||
| Effect of exchange rate changes on cash | — | $0 | $0 | ($62k) | $24k | ($69k) | ($81k) | ($114k) | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Loss on disposal of assets | — | — | $0 | $0 | $72k | $23k | $534k | — | |
| Change in fair value of warrant liabilities and derivatives | $96k | $931k | ($33.2m) | ($5.3m) | ($2.7m) | $521k | ($913k) | — | |
| Paid in kind interest on convertible notes | $0 | $0 | $4.2m | $4.4m | $2.1m | $2.2m | $0 | — | |
| Non-cash lease expense | $0 | $0 | $3.8m | $4.9m | $4.1m | $4.5m | $4.3m | — | |
| Operating lease liabilities | $0 | $0 | ($4.5m) | ($3.3m) | ($4.8m) | ($5.3m) | ($5.7m) | — | |
| Payment of restricted stock units held for taxes | $0 | $0 | ($222k) | ($917k) | ($1.4m) | ($2.9m) | ($1.5m) | — | |
| Payment of finance lease obligations | $0 | ($334k) | ($588k) | ($2.3m) | ($215k) | ($225k) | ($59k) | — | |
| Proceeds from the exercise of stock options | $277k | $1.2m | $3.3m | $1.0m | $108k | $1.4m | $74k | — | |
| Excise tax from stock repurchases | — | — | $0 | $0 | ($63k) | ($56k) | $20k | — | |
| Cash and cash equivalents | $9.7m | $307k | $199.4m | $177.9m | $125.5m | $94.0m | $19.3m | $89.2m | |
| Cash paid for interest | $3.0m | $5.2m | $852k | $283k | $2.4m | $100k | $2.8m | — | |
| Establishment of operating lease | — | $0 | $0 | $25.6m | $0 | $0 | $794k | — |