Turtle Beach Corp

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $6.2m $5.2m $7.1m $8.2m $46.7m $37.7m $11.4m $18.7m $13.0m $17.0m
Prepaid Expense and Other Assets, Current $4.1m $3.5m $4.5m $4.1m $8.1m $17.5m $9.2m $7.7m $11.0m $10.8m
Inventory, Net $21.7m $27.5m $49.5m $45.7m $71.3m $101.9m $71.3m $44.0m $71.3m $69.2m
Assets, Current $86.6m $86.8m $113.8m $102.5m $170.0m $193.1m $135.2m $124.9m $188.4m $173.8m
Property, Plant and Equipment, Net $4.3m $4.7m $5.9m $4.0m $6.6m $7.0m $6.4m $4.8m $5.8m $3.0m
Goodwill $0 $0 $0 $8.5m $8.2m $10.7m $10.7m $10.7m $52.9m $50.4m
Intangible Assets, Net (Excluding Goodwill) $1.6m $1.4m $1.0m $6.0m $5.1m $5.8m $2.6m $1.7m $42.4m $34.3m
Operating Lease, Right-of-Use Asset $1.8m $5.8m $7.4m $8.0m $7.0m $8.1m $5.8m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $54.6m $50.5m $52.8m $44.5m $43.9m $36.0m $43.3m $54.4m $93.1m $76.8m
Assets $94.8m $94.3m $121.9m $131.4m $203.5m $230.5m $163.4m $150.0m $298.9m $269.1m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $595k $896k $765k $1.1m $1.3m $1.8m $1.9m
Accounts Payable, Current $11.9m $13.5m $17.7m $22.5m $42.5m $40.5m $19.8m $26.9m $34.8m $24.9m
Operating Lease, Liability, Noncurrent $1.3m $5.1m $7.0m $7.5m $6.5m $7.1m $5.2m
Long-term Debt, Excluding Current Maturities $28.3m $27.6m $0 $45.6m $46.3m
Long-term Debt, Current Maturities $8.6m
Liabilities, Current $66.9m $67.5m $73.6m $64.6m $78.7m $78.2m $64.3m $56.3m $123.7m $87.7m
Deferred Income Tax Liabilities, Net $128k
Other Liabilities, Noncurrent $2.8m $2.3m $2.8m $3.2m $8.3m $7.2m $8.0m $7.0m $7.6m $5.7m
Deferred Tax Liabilities, Net $187k $503k $459k $272k $436k
Liabilities $115.5m $116.4m $84.4m $68.0m $87.1m $89.1m $74.4m $64.9m $178.3m $140.6m
Stockholders’ equity:
Common Stock, Value, Issued $49k $49k $14k $14k $15k $16k $17k $18k $20k $19k
Additional Paid in Capital $146.6m $148.0m $169.4m $176.8m $190.6m $198.3m $206.9m $220.2m $240.0m $229.2m
Retained Earnings (Accumulated Deficit) ($166.8m) ($170.0m) ($131.5m) ($113.5m) ($74.8m) ($57.1m) ($116.6m) ($134.3m) ($118.1m) ($102.4m)
Accumulated Other Comprehensive Income (Loss), Net of Tax ($560k) ($203k) ($476k) $116k $589k $127k ($1.4m) ($849k) ($1.3m) $1.7m
Stockholders' Equity Attributable to Parent ($20.7m) ($22.2m) $37.5m $63.4m $116.4m $141.4m $88.9m $85.1m $120.6m $128.5m
Liabilities and Equity $94.8m $94.3m $121.9m $131.4m $203.5m $230.5m $163.4m $150.0m $298.9m $269.1m