XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Statement of Comprehensive Income [Abstract]    
Net sales $ 38,799 $ 43,300
Cost of goods sold 21,080 23,195
Gross profit 17,719 20,105
Operating expenses:    
Selling and marketing 15,070 11,912
General and administrative 8,115 8,645
Equity-based compensation 1,489 2,380
Depreciation and amortization 328 419
Total operating expenses 25,002 23,356
Loss from operations (7,283) (3,251)
Other income, net 97 340
Loss before income taxes (7,186) (2,911)
Provision for income taxes 13 1
Net loss and comprehensive loss (7,199) (2,912)
Loss attributable to noncontrolling interest 1,375 821
Net loss attributable to Zevia PBC $ (5,824) $ (2,091)
Net loss per share attributable to common stockholders, basic $ (0.1) $ (0.03)
Net loss per share attributable to common shareholders, diluted $ (0.1) $ (0.04)
Weighted average common units outstanding, basic 55,890,168 49,372,874
Weighted average common units outstanding, diluted 55,890,168 [1] 72,250,338
[1]

(3) There was no assumed conversion for Class B nor diluted effect of options and RSUs for the three months ended March 31, 2024 as they were anti-dilutive.