PURPLE INNOVATION, INC.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $24.3M | $29.0M | $26.9M | $41.8M | $91.6M | $123.0M | $33.5M | $12.2M |
| Accounts Receivable | $41.3M | $33.1M | $37.8M | $34.6M | $25.4M | $29.1M | $28.7M | $10.2M |
| Inventory | $59.7M | $56.9M | $66.9M | $73.2M | $98.7M | $65.7M | $47.6M | $22.9M |
| Total Current Assets | $136.7M | $126.4M | $141.8M | $161.5M | $229.5M | $229.1M | $114.1M | $47.7M |
| Property, Plant & Equipment | $78.0M | $93.9M | $128.7M | $136.7M | $112.6M | $61.5M | $32.0M | $22.5M |
| Goodwill | — | $6.9M | — | $4.9M | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $6.3M | $8.9M | $22.2M | $26.2M | $13.2M | $9.9M | $1.1M | $1.5M |
| Total Assets | $296.3M | $307.8M | $390.6M | $433.3M | $642.5M | $554.7M | $147.7M | $71.7M |
| Liabilities | ||||||||
| Accounts Payable | $40.3M | $40.6M | $49.8M | $46.4M | $79.8M | $69.6M | $50.2M | $24.8M |
| Total Current Liabilities | $101.5M | $101.0M | $111.0M | $98.1M | $142.0M | $132.2M | $86.9M | $48.6M |
| Long-Term Debt | $126.7M | $70.7M | $26.9M | $23.7M | $96.4M | $43.4M | $35.4M | $26.6M |
| Total Liabilities | $325.9M | $287.6M | $275.0M | $258.2M | $495.9M | $487.2M | $176.3M | $73.7M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-625.3M | $-573.9M | $-476.0M | $-355.2M | $-261.8M | $-265.9M | $-29.0M | $-4.3M |
| Total Stockholders' Equity | $-29.7M | $20.2M | $115.4M | $174.3M | $145.8M | $67.2M | $-26.2M | $-662.0K |