HYDROFARM HOLDINGS GROUP, INC.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $75.2m $26.6m $21.3m $30.3m $26.1m $6.3m
Accounts receivable, net $21.6m $41.5m $17.2m $16.9m $14.8m $8.2m
Inventories $88.6m $189.1m $111.4m $75.4m $50.6m $33.3m
Prepaid expenses and other current assets $9.6m $9.8m $5.0m $5.5m $3.7m $3.6m
Total current assets $199.9m $269.4m $154.9m $128.1m $95.2m $51.4m
Property, plant and equipment, net $4.0m $50.5m $51.1m $47.4m $37.5m $30.3m
Intangible assets, net $52.4m $314.8m $300.4m $275.9m $249.0m $2.8m
Operating lease right-of-use assets $18.3m $45.2m $65.3m $54.5m $42.9m $37.8m
Other assets $1.2m $6.5m $1.8m $1.8m $1.5m $1.5m
Accrued expenses and other current liabilities $21.6m $34.0m $13.2m $9.5m $10.6m $7.7m
Deferred revenue $18.3m $3.7m $3.2m $2.6m $2.7m
Current portion of operating lease liabilities $3.7m $7.2m $9.1m $8.3m $7.7m $7.5m
Current portion of finance lease liabilities $704k $954k $459k $455k
Long-term operating lease liabilities $15.3m $38.6m $56.3m $47.5m $37.6m $32.8m
Long-term finance lease liabilities $1.2m $8.7m $7.8m $7.4m
Total stockholders’ (deficit) equity $210.9m $635.2m $349.9m $290.6m $223.7m ($63.3m)
Total assets $275.8m $891.2m $573.6m $507.6m $426.1m $123.8m
Total liabilities and stockholders’ (deficit) equity $275.8m $891.2m $573.6m $507.6m $426.1m $123.8m
Accounts payable $22.6m $45.0m $13.6m $12.6m $12.3m $9.8m
Current portion of long-term debt $746k $2.3m $2.0m $3.0m $1.3m $111.9m
Total current liabilities $48.7m $88.4m $41.6m $37.7m $35.0m $140.0m
Long-term debt $290k $119.5m $118.7m $115.4m $114.7m $50k
Deferred tax liabilities $0 $5.6m $2.7m $3.2m $3.0m $2.1m
Other long-term liabilities $567k $3.9m $4.4m $4.5m $4.3m $4.7m
Total liabilities $64.9m $256.1m $223.7m $217.0m $202.4m $187.1m
Common stock ($0.0001 par value; 300,000,000 shares authorized; 4,667,004 and 4,614,279 shares issued and outstanding at December 31, 2025, and December 31, 2024, respectively) 3k 4k 5k 5k 0 0
Additional paid-in capital $364.2m $777.1m $783.0m $787.8m $790.1m $791.2m
Accumulated other comprehensive loss $599k ($1.4m) ($7.2m) ($6.5m) ($8.9m) ($7.3m)
Accumulated deficit ($153.9m) ($140.5m) ($425.9m) ($490.7m) ($557.5m) ($847.3m)