Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of BRC.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|
| Revenue | $391.49M | $395.62M | $301.31M | $233.10M | $163.91M | $82.13M |
| Cost of Revenue | $230.32M | $270.18M | $202.13M | $143.41M | $94.50M | $46.42M |
| Gross Profit | $161.17M | $125.45M | $99.18M | $89.69M | $69.41M | $35.70M |
| Gross Profit Ratio | 41.17% | 31.71% | 32.92% | 38.48% | 42.35% | 43.47% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $50.83M | $71.61M | $64.49M | $26.16M | $13.92M | $9.34M |
| Selling and Marketing Expenses | $35.63M | $30.79M | $38.17M | $36.36M | $25.51M | $13.35M |
| Selling General and Administrative Expenses | $86.46M | $173.46M | $166.94M | $101.27M | $63.63M | $35.82M |
| Other Expenses | $70.87M | $2.20M | $- | $- | $- | $- |
| Operating Expenses | $157.33M | $175.66M | $166.94M | $101.27M | $63.63M | $35.82M |
| Cost and Expenses | $387.64M | $445.83M | $369.07M | $244.68M | $158.13M | $82.24M |
| Interest Income | $- | $- | $- | $- | $- | $- |
| Interest Expense | $11.32M | $6.33M | $1.59M | $2.03M | $1.05M | $733.00K |
| Depreciation and Amortization | $- | $7.26M | $3.65M | $2.10M | $1.24M | $933.00K |
| EBITDA | $3.85M | $-42.94M | $-64.11M | $-9.48M | $7.02M | $817.00K |
| EBITDA Ratio | 0.98% | -10.85% | -21.28% | -4.07% | 4.28% | 0.99% |
| Operating Income | $3.85M | $-50.21M | $-67.76M | $-11.58M | $5.78M | $-116.00K |
| Operating Income Ratio | 0.98% | -12.69% | -22.49% | -4.97% | 3.53% | -0.14% |
| Total Other Income Expenses Net | $-11.32M | $-6.32M | $-269.92M | $-2.09M | $-1.27M | $-642.00K |
| Income Before Tax | $-7.48M | $-56.53M | $-337.68M | $-13.67M | $4.51M | $-758.00K |
| Income Before Tax Ratio | -1.91% | -14.29% | -112.07% | -5.86% | 2.75% | -0.92% |
| Income Tax Expense | $172.00K | $185.00K | $367.00K | $178.00K | $185.00K | $14.00K |
| Net Income | $-2.95M | $-16.75M | $-82.91M | $-13.85M | $4.32M | $-772.00K |
| Net Income Ratio | -0.75% | -4.23% | -27.51% | -5.94% | 2.64% | -0.94% |
| EPS | $-0.11 | $-0.27 | $-6.60 | $-0.10 | $0.03 | $-0.02 |
| EPS Diluted | $-0.11 | $-0.27 | $-6.60 | $-0.10 | $0.03 | $-0.02 |
| Weighted Average Shares Outstanding | 71.11M | 60.93M | 51.25M | 141.88M | 141.88M | 44.01M |
| Weighted Average Shares Outstanding Diluted | 71.11M | 60.93M | 51.25M | 141.88M | 141.88M | 44.01M |
| SEC Filing | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $6.81M | $12.45M | $38.99M | $18.33M | $35.23M | $5.04M |
| Short Term Investments | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $6.81M | $12.45M | $38.99M | $18.33M | $35.23M | $5.04M |
| Net Receivables | $33.60M | $25.21M | $22.34M | $7.44M | $3.63M | $868.00K |
| Inventory | $42.65M | $56.47M | $77.18M | $20.87M | $16.04M | $5.14M |
| Other Current Assets | $12.41M | $13.62M | $6.78M | $12.75M | $4.37M | $1.16M |
| Total Current Assets | $95.47M | $107.74M | $145.29M | $53.02M | $57.09M | $12.21M |
| Property Plant Equipment Net | $85.91M | $104.54M | $79.50M | $31.11M | $14.71M | $6.11M |
| Goodwill | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $359.00K | $418.00K | $225.00K | $167.00K | $191.00K | $217.00K |
| Goodwill and Intangible Assets | $359.00K | $418.00K | $225.00K | $167.00K | $191.00K | $217.00K |
| Long Term Investments | $- | $- | $- | $- | $400.00K | $- |
| Tax Assets | $- | $- | $- | $- | $-400.00K | $- |
| Other Non-Current Assets | $45.65M | $23.08M | $315.00K | $2.78M | $549.00K | $169.00K |
| Total Non-Current Assets | $131.91M | $128.04M | $80.04M | $34.06M | $15.45M | $6.50M |
| Other Assets | $- | $- | $- | $- | $- | $- |
| Total Assets | $227.38M | $235.78M | $225.33M | $87.08M | $72.54M | $18.71M |
| Account Payables | $38.82M | $33.56M | $12.43M | $17.39M | $11.53M | $4.50M |
| Short Term Debt | $4.58M | $4.60M | $3.60M | $12.06M | $1.33M | $2.64M |
| Tax Payables | $- | $- | $1.18M | $1.36M | $1.39M | $1.09M |
| Deferred Revenue | $3.92M | $11.03M | $9.51M | $7.33M | $4.62M | $1.30M |
| Other Current Liabilities | $27.90M | $34.91M | $35.48M | $20.87M | $14.68M | $8.81M |
| Total Current Liabilities | $75.22M | $84.11M | $62.19M | $59.02M | $33.54M | $18.34M |
| Long Term Debt | $29.09M | $104.64M | $86.39M | $23.17M | $12.90M | $1.62M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $73.58M | $524.00K | $-19.18M | $154.39M | $128.98M | $- |
| Total Non-Current Liabilities | $102.67M | $105.16M | $67.21M | $177.56M | $141.88M | $1.62M |
| Other Liabilities | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $177.89M | $189.27M | $129.40M | $236.57M | $175.42M | $19.96M |
| Preferred Stock | $- | $- | $225.33M | $154.28M | $128.98M | $- |
| Common Stock | $21.00K | $21.00K | $21.00K | $- | $- | $9.22M |
| Retained Earnings | $-123.43M | $-120.48M | $-103.73M | $-20.00M | $-6.15M | $-10.47M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $- | $15.21M | $-19.98M | $-0 |
| Other Total Stockholders Equity | $136.58M | $133.73M | $129.51M | $-129.50M | $-102.85M | $0 |
| Total Stockholders Equity | $13.17M | $13.27M | $25.80M | $-149.49M | $-102.88M | $-1.25M |
| Total Equity | $49.50M | $46.51M | $95.94M | $-149.49M | $-102.88M | $-1.25M |
| Total Liabilities and Stockholders Equity | $227.38M | $235.78M | $225.33M | $87.08M | $72.54M | $18.71M |
| Minority Interest | $36.32M | $33.24M | $70.14M | $- | $- | $- |
| Total Liabilities and Total Equity | $227.38M | $235.78M | $225.33M | $87.08M | $72.54M | $18.71M |
| Total Investments | $- | $- | $- | $- | $400.00K | $- |
| Total Debt | $33.67M | $109.24M | $70.30M | $35.00M | $14.23M | $4.26M |
| Net Debt | $26.86M | $96.79M | $31.31M | $16.67M | $-21.00M | $-778.00K |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|
| Net Income | $-7.65M | $-16.75M | $-338.04M | $-13.85M | $4.32M | $-772.00K |
| Depreciation and Amortization | $10.06M | $7.26M | $4.38M | $2.90M | $1.38M | $933.00K |
| Deferred Income Tax | $- | $- | $- | $745.00K | $247.00K | $47.00K |
| Stock Based Compensation | $10.61M | $6.97M | $6.08M | $3.20M | $1.93M | $143.00K |
| Change in Working Capital | $- | $11.89M | $-58.44M | $-2.54M | $2.16M | $3.48M |
| Accounts Receivables | $-8.63M | $-2.77M | $-14.89M | $-3.76M | $-2.96M | $-243.00K |
| Inventory | $-10.11M | $-8.18M | $-56.31M | $-4.83M | $-10.90M | $289.00K |
| Accounts Payables | $6.81M | $21.56M | $-6.15M | $4.65M | $7.03M | $986.00K |
| Other Working Capital | $- | $1.28M | $18.92M | $1.41M | $8.98M | $2.45M |
| Other Non Cash Items | $-1.71M | $-34.35M | $269.83M | $1.85M | $1.52M | $314.00K |
| Net Cash Provided by Operating Activities | $11.31M | $-24.97M | $-116.19M | $-7.69M | $11.55M | $4.14M |
| Investments in Property Plant and Equipment | $-8.67M | $-27.22M | $-30.40M | $-19.29M | $-9.76M | $-1.04M |
| Acquisitions Net | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $953.00K | $5.71M | $- | $- | $- | $-63.00K |
| Net Cash Used for Investing Activities | $-7.71M | $-21.51M | $-30.40M | $-19.29M | $-9.76M | $-1.11M |
| Debt Repayment | $-9.48M | $25.06M | $12.84M | $17.02M | $8.65M | $-2.37M |
| Common Stock Issued | $518.00K | $673.00K | $- | $-7.00M | $20.16M | $- |
| Common Stock Repurchased | $- | $- | $-20.14M | $- | $-125.00M | $- |
| Dividends Paid | $- | $- | $-127.85M | $-7.00M | $- | $- |
| Other Financing Activities | $-1.73M | $-4.33M | $302.41M | $-338.00K | $145.10M | $201.00K |
| Net Cash Used Provided by Financing Activities | $-10.70M | $21.40M | $167.25M | $9.68M | $28.81M | $-2.17M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-5.64M | $-25.08M | $20.66M | $-17.30M | $30.60M | $872.00K |
| Cash at End of Period | $6.81M | $13.91M | $38.99M | $18.33M | $35.63M | $5.04M |
| Cash at Beginning of Period | $12.45M | $38.99M | $18.33M | $35.63M | $5.04M | $4.16M |
| Operating Cash Flow | $11.31M | $-24.97M | $-116.19M | $-7.69M | $11.55M | $4.14M |
| Capital Expenditure | $-8.67M | $-27.22M | $-30.40M | $-19.29M | $-9.76M | $-1.04M |
| Free Cash Flow | $2.64M | $-52.19M | $-146.59M | $-26.98M | $1.79M | $3.10M |