← Zevia PBC
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
| Net Income From Continuing Operations | — | — | ($47.6m) | ($28.3m) | ($23.8m) | ($11.2m) | ($9.4m) | |
| Net loss | — | ($87.7m) | ($47.6m) | ($28.3m) | ($23.8m) | ($11.2m) | — | |
| Net Income (Loss) Attributable to Parent | ($6.1m) |
($87.7m)
-1344.03%
|
($47.6m)
+45.65%
|
($21.5m)
+54.89%
|
($20.0m)
+6.93%
|
($9.9m)
+50.41%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $0 | ($46.0m) |
($33.9m)
+26.38%
|
($21.5m)
+36.52%
|
($20.0m)
+6.93%
|
($10.1m)
+49.60%
|
— | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $0 | ($39.8m) | ($13.8m) | ($6.8m) | ($3.8m) | ($1.2m) | — | |
| Depreciation, Depletion and Amortization | $932k | $997k | $1.3m | $1.6m | $1.3m | $868k | $731k | |
| Amortization of Debt Issuance Costs | $52k | $94k | $64k | $76k | $76k | $76k | — | |
| Amortization of Intangible Assets | $200k | $200k | $700k | $600k | $300k | $200k | — | |
| Depreciation | $700k | $800k | $700k | $1.0m | $1.0m | $868k | $731k | |
| Depreciation Amortization Depletion | — | — | $1.3m | $1.6m | $1.3m | $868k | $731k | |
| Deferred Income Tax Expense (Benefit) | — | $0 | $0 | $0 | $0 | $0 | — | |
| Share-based Payment Arrangement, Noncash Expense | $7.9m | $77.7m | $26.9m | $8.3m | $5.0m | $3.8m | $5.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $178k | $2.1m | $0 | — | — | — | |
| Share-based Payment Arrangement, Expense | — | — | $8.2m | — | — | $3.8m | $5.0m | |
| Impairment of Intangible Assets (Excluding Goodwill) | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Operating Lease, Impairment Loss | — | — | — | — | $300k | — | — | |
| Sublease impairment loss | — | — | — | $0 | $351k | $0 | — | |
| Asset Impairment Charge | — | — | — | $0 | $351k | $0 | $0 | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | $678k | — | |
| Nonoperating Income (Expense) | ($593k) | ($207k) | $286k | $673k | ($63k) | — | — | |
| Changes in operating assets and liabilities: | ||||||||
| Change In Working Capital | — | — | ($2.1m) | $1.0m | $15.4m | $1.2m | $6.6m | |
| Increase (Decrease) in Accounts Receivable | $2.1m | $2.1m | $2.0m | $42k | ($324k) | $311k | $3.1m | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $0 | ($10k) | ($10k) | $0 | — | — | $3.1m | |
| Accounts receivable, net | ($2.1m) | ($2.1m) | ($2.0m) | ($42k) | $324k | ($311k) | $3.1m | |
| Change In Receivables | — | — | ($2.0m) | ($42k) | $324k | ($311k) | $3.1m | |
| Changes In Account Receivables | — | — | ($2.0m) | ($42k) | $324k | ($311k) | $3.1m | |
| Increase (Decrease) in Inventories | $9.4m | $10.7m | ($3.9m) | $7.0m | ($15.9m) | $1.8m | ($1.8m) | |
| Inventories | ($9.4m) | ($10.7m) | $3.9m | ($7.0m) | $15.9m | ($1.8m) | ($1.8m) | |
| Change In Inventory | — | — | $3.9m | ($7.0m) | $15.9m | ($1.8m) | ($1.8m) | |
| Increase (Decrease) in Accounts Payable | $2.4m | $4.4m | ($5.8m) | $13.6m | ($5.9m) | $2.0m | $5.6m | |
| Capital expenditures included in accounts payable | $0 | $125k | $506k | $12k | $1k | $131k | ($656k) | |
| Financing costs included in accounts payable | — | — | — | — | $0 | $132k | — | |
| Change In Payables And Accrued Expense | — | — | ($4.1m) | $11.2m | ($3.5m) | $3.4m | $5.6m | |
| Accrued expenses and other current liabilities | — | $2.0m | $1.7m | ($2.4m) | $2.4m | $1.4m | — | |
| Change In Accrued Expense | — | — | $1.7m | ($2.4m) | $2.4m | $1.4m | $1.2m | |
| Prepaid expenses and other assets | ($187k) | ($2.5m) | $846k | ($2.6m) | $3.2m | $534k | — | |
| Change In Other Current Liabilities | — | — | ($672k) | ($585k) | ($577k) | ($645k) | ($777k) | |
| Net Cash Provided by (Used in) Operating Activities | ($3.3m) |
($17.8m)
-446.53%
|
($20.8m)
-16.69%
|
($16.3m)
+21.68%
|
($1.0m)
+93.74%
|
($4.7m)
-361.53%
|
$3.6m
+175.68%
|
|
| Cash flows from investing activities: | ||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($2k) | $4k | ($3k) | ($480k) | ($57k) | ($7k) | $7k | |
| Payments to Acquire Property, Plant, and Equipment | $805k | $3.1m | $2.6m | ($1.6m) | ($283k) | $307k | ($656k) | |
| Net Cash Provided by (Used in) Investing Activities | ($805k) | ($33.1m) | $27.4m | $805k | ($283k) | ($307k) | ($656k) | |
| Cash flows from financing activities: | ||||||||
| Issuance Of Debt | — | — | $0 | $0 | $8.0m | $0 | $0 | |
| Long Term Debt Issuance | — | — | $0 | $0 | $8.0m | $0 | $0 | |
| Net Issuance Payments Of Debt | — | — | $0 | $0 | $0 | $0 | $0 | |
| Net Short Term Debt Issuance | — | $0 | $0 | — | — | — | — | |
| Short Term Debt Issuance | — | $74.7m | $0 | — | — | — | — | |
| Long Term Debt Payments | — | — | $0 | $0 | ($8.0m) | $0 | $0 | |
| Repayment Of Debt | — | — | $0 | $0 | ($8.0m) | $0 | $0 | |
| Short Term Debt Payments | — | ($74.7m) | $0 | — | — | — | — | |
| Conversion of Class B common stock to Class A common stock | — | $0 | $9.5m | $6.9m | $10.0m | $7.7m | — | |
| Issuance Of Capital Stock | — | $139.7m | $0 | — | — | — | — | |
| Repurchase Of Capital Stock | — | ($49.6m) | $0 | — | — | — | — | |
| Common Stock Issuance | — | $139.7m | $0 | — | — | — | — | |
| Net Common Stock Issuance | — | $90.1m | $0 | — | — | — | — | |
| Payments for Repurchase of Common Stock | — | $17k | $0 | — | — | — | — | |
| Common Stock Payments | — | ($49.6m) | $0 | — | — | — | — | |
| Common Stock Dividend Paid | — | ($2.7m) | $0 | — | — | — | — | |
| Cash Dividends Paid | — | ($2.7m) | $0 | — | — | — | — | |
| Net Other Financing Charges | — | ($8.1m) | ($2.5m) | — | — | ($348k) | ($733k) | |
| Net Cash Provided by (Used in) Financing Activities | $15.8m |
$79.1m
+402.18%
|
($2.3m)
-102.96%
|
$25k
+101.07%
|
$0
-100.00%
|
($289k) |
($732k)
-153.29%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $4.3m | ($15.4m) | ($1.3m) | ($5.3m) | $28.5m | |
| Beginning Cash Position | — | — | $43.1m | $47.4m | $32.0m | $30.7m | $26.3m | |
| Cash and cash equivalents at beginning of period | — | $14.9m | $43.1m | $47.4m | $32.0m | $25.4m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $47.4m | $32.0m | $30.7m | — | $28.5m | |
| Additional Supplementary Disclosures | ||||||||
| Additional Supplementary Disclosures | ||||||||
| Income Tax Expense (Benefit) | $0 | ($34k) | $65k | $52k | $66k | $54k | — | |
| Operating Lease, Expense | $509k | $562k | $653k | $567k | $587k | — | — | |
| Operating lease liabilities | ($416k) | ($624k) | ($672k) | ($585k) | ($635k) | ($645k) | — | |
| Additional Financial Items | ||||||||
| Proceeds from Stock Options Exercised | — | — | $124k | $25k | $0 | $59k | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $95k | ($15k) | $200k | $0 | $700k | $100k | — | |
| General and Administrative Expense | $18.8m | $27.5m | $36.8m | $31.5m | $30.0m | $30.0m | — | |
| Investment Income, Interest | — | — | — | — | — | $800k | — | |
| Operating Expenses | $55.0m | $148.6m | $117.9m | $103.7m | $95.6m | $89.2m | — | |
| Payments of Financing Costs | — | — | — | — | — | $348k | — | |
| Restructuring Costs | — | — | — | — | $2.1m | — | — | |
| Non-cash lease expense | $509k | $562k | $653k | $567k | $587k | $550k | — | |
| Equity-based compensation | $7.9m | $77.7m | $26.9m | $8.3m | $5.0m | $3.8m | — | |
| Other non-current liabilities | — | — | — | $0 | $58k | $0 | — | |
| Proceeds from revolving line of credit | $113.1m | $74.7m | $0 | $0 | $8.0m | $0 | — | |
| Repayment of revolving line of credit | ($113.1m) | ($74.7m) | $0 | $0 | ($8.0m) | $0 | — | |
| Proceeds from exercise of stock options | — | $0 | $124k | $25k | $0 | $59k | — | |
| Financing costs paid | — | — | — | — | $0 | ($348k) | — | |
| Net change from operating, investing, and financing activities | $11.7m | $28.2m | $4.3m | ($15.4m) | ($1.3m) | ($5.3m) | — | |
| Cash Flow From Continuing Financing Activities | — | — | ($2.3m) | $25k | $0 | ($289k) | ($732k) | |
| Cash Flow From Continuing Investing Activities | — | — | $27.4m | $805k | ($283k) | ($307k) | ($656k) | |
| Change In Account Payable | — | — | ($5.8m) | $13.6m | ($5.9m) | $2.0m | $5.6m | |
| Change In Payable | — | — | ($5.8m) | $13.6m | ($5.9m) | $2.0m | $5.6m | |
| Change In Prepaid Assets | — | — | $846k | ($2.6m) | $3.2m | $534k | ($800k) | |
| Changes In Cash | — | — | $4.3m | ($15.4m) | ($1.3m) | ($5.3m) | $2.2m | |
| End Cash Position | — | — | $47.4m | $32.0m | $30.7m | $25.4m | $28.5m | |
| Financing Cash Flow | — | — | ($2.3m) |
$25k
+101.07%
|
$0
-100.00%
|
($289k) |
($732k)
-153.29%
|
|
| Free Cash Flow | — | — | ($23.4m) | ($17.9m) | ($1.3m) | ($5.0m) | $2.9m | |
| Gain Loss On Sale Of PPE | — | — | $3k | $480k | $57k | $7k | ($1k) | |
| Investing Cash Flow | — | — | $27.4m | $805k | ($283k) | ($307k) | ($656k) | |
| Net PPE Purchase And Sale | — | — | ($2.6m) | $805k | ($283k) | ($307k) | ($656k) | |
| Operating Gains Losses | — | — | $3k | $480k | $57k | $7k | $7k | |
| Other Non Cash Items | — | — | $717k | $643k | $663k | $626k | — | |
| Proceeds From Stock Option Exercised | — | — | $124k | $25k | $0 | $59k | $1k | |
| Purchase Of PPE | — | — | ($2.6m) | ($1.6m) | ($283k) | ($307k) | ($656k) | |
| Sale Of PPE | — | — | $0 | $2.4m | $0 | — | $0 | |
| Stock Based Compensation | — | — | $26.9m | $8.3m | $5.0m | $3.8m | $5.0m | |
| Net Investment Purchase And Sale | — | ($30.0m) | $30.0m | $0 | — | — | — | |
| Purchase Of Investment | — | ($30.0m) | $0 | — | — | — | $0 | |
| Sale Of Investment | — | $0 | $30.0m | $0 | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||
| Change In Cash Supplemental As Reported | — | — | $4.3m | ($15.4m) | ($1.3m) | ($5.3m) | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $321k | $148k | $64k | $79k | $93k | $57k | — | |
| Income Taxes Paid, Net | — | $0 | $69k | $127k | $85k | $45k | — |