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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 172,865 $ 66,269
Restricted cash 205 205
Inventories, net 24,743 13,559
Prepaid expenses and other current assets 8,178 2,939
Total current assets 205,991 82,972
Property and equipment, net 6,732 1,986
Deferred tax assets 4,407 0
Other assets 601 258
Total assets 217,731 85,216
Current liabilities:    
Accounts payable 14,480 10,815
Accrued expenses and other current liabilities 28,756 17,118
Current portion of deferred revenue 18,818 10,775
Current portion of long-term debt 30,789 0
Total current liabilities 92,843 38,708
Long-term debt, net of debt issuance costs 32,789 62,211
Deferred rent 2,507 662
Payable pursuant to the Tax Receivable Agreement 3,775 0
Other long-term liabilities 2,979 2,703
Total liabilities 134,893 104,284
Commitments and contingencies (Note 12)
Redeemable convertible preferred units (Class P Units) - 33,162,444 units authorized, 32,435,595 units issued and outstanding at December 31, 2020 0 66,327
Members’ deficit - Class F Units - 50,954,445 units authorized, 50,232,863 units issued and outstanding at December 31, 2020; and Class M Units - 4,638,881 units authorized, 2,537,791 units issued and outstanding at December 31, 2020    
Members’ deficit - Class F Units - 50,954,445 units authorized, 50,232,863 units issued and outstanding at December 31, 2020; and Class M Units - 4,638,881 units authorized, 2,537,791 units issued and outstanding at December 31, 2020 0 (85,395)
Stockholders’ equity    
Preferred stock, $0.0001 par value per share, 10,000,000 shares authorized at December 31, 2021, none issued and outstanding at December 31, 2021 0 0
Additional paid-in capital 6,865 0
Retained earnings 1,528 0
Equity attributable to Brilliant Earth Group, Inc. 8,403 0
NCI attributable to Brilliant Earth, LLC 74,435 0
Total stockholders’ equity/members’ (deficit) 82,838  
Total stockholders’ equity/members’ (deficit)   (85,395)
Total liabilities, redeemable convertible preferred units, and stockholders’ equity/members’ (deficit) 217,731 85,216
Class A Common Stock    
Stockholders’ equity    
Common stock, value, issued 1 0
Class B Common Stock    
Stockholders’ equity    
Common stock, value, issued 4 0
Class C Common Stock    
Stockholders’ equity    
Common stock, value, issued 5 0
Class D Common Stock    
Stockholders’ equity    
Common stock, value, issued $ 0 $ 0