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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 59,188 $ 69,936
Restricted cash 207 201
Accounts receivable, net of allowance for credit losses of $4,923 and $4,919 at March 31, 2025 and December 31, 2024, respectively 95,611 131,629
Inventory 53,163 52,780
Prepaid expenses and other assets 19,854 14,141
Total current assets 228,023 268,687
Property and equipment    
Office furniture and equipment 10,039 10,049
Molds and tooling 125,406 125,618
Leasehold improvements 7,048 6,956
Total 142,493 142,623
Less accumulated depreciation and amortization 124,592 126,981
Property and equipment, net 17,901 15,642
Operating lease right-of-use assets, net 52,721 53,254
Other long-term assets 1,737 1,781
Deferred income tax assets, net 70,404 70,394
Goodwill 35,085 35,111
Total assets 405,871 444,869
Current liabilities    
Accounts payable 44,489 42,560
Accounts payable - Meisheng (related party) 0 13,461
Accrued expenses 37,200 48,456
Reserve for sales returns and allowances 26,229 35,817
Income taxes payable 1,093 1,035
Short-term operating lease liabilities 9,806 8,091
Total current liabilities 118,817 149,420
Long-term operating lease liabilities 47,110 48,433
Accrued expenses – long term 2,909 2,563
Income taxes payable 2,009 3,620
Total liabilities 170,845 204,036
Stockholders’ Equity    
Common stock, $0.001 par value; 100,000,000 shares authorized; 11,146,230 and 11,025,582 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 11 11
Additional paid-in capital 295,931 297,198
Accumulated deficit (44,860) (39,692)
Accumulated other comprehensive loss (16,556) (17,184)
Total JAKKS Pacific, Inc. stockholders’ equity 234,526 240,333
Non-controlling interests 500 500
Total stockholders’ equity 235,026 240,833
Total liabilities, preferred stock and stockholders’ equity $ 405,871 $ 444,869