XML 20 R5.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 41,551 $ 36,453
Accounts receivable, net 122,174 130,831
Inventories 108,999 119,458
Prepaid expenses and other current assets 30,003 56,134
Total current assets 302,727 342,876
Property and equipment, net 80,768 91,335
Operating lease right-of-use assets, net 55,510 61,499
Goodwill 133,684 133,795
Intangible assets, net 159,460 167,388
Other assets 5,601 7,752
Total assets 737,750 804,645
Current liabilities:    
Revolving Credit Facility 90,000 120,500
Current portion of long-term debt 22,315 22,072
Current portion of operating lease liabilities 16,631 17,486
Accounts payable 62,724 52,919
Accrued royalties 52,050 54,375
Accrued expenses and other current liabilities 85,329 91,480
Total current liabilities 329,049 358,832
Long-term debt 111,606 130,986
Operating lease liabilities 64,820 71,309
Other long-term liabilities 5,029 5,478
Commitments and Contingencies (Note 6)
Stockholders’ equity:    
Additional paid-in-capital 335,808 326,180
Accumulated other comprehensive loss (658) (180)
Accumulated deficit (111,612) (94,064)
Total stockholders’ equity attributable to Funko, Inc. 223,543 231,941
Non-controlling interests 3,703 6,099
Total stockholders’ equity 227,246 238,040
Total liabilities and stockholders’ equity 737,750 804,645
Class A common stock    
Stockholders’ equity:    
Common stock, value 5 5
Class B common stock    
Stockholders’ equity:    
Common stock, value $ 0 $ 0