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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 30,653 $ 31,955
Accounts receivable, net 10,795 11,119
Inventories 18,618 34,550
Prepaid expenses and other current assets 1,843 5,063
Total current assets 61,909 82,687
Property and equipment, net 1,261 2,109
Right-of-use assets under operating leases, net 1,099 1,959
Intangible assets, net 3,179 3,523
Other non-current assets 503 579
Total assets 67,951 90,857
Current liabilities:    
Accounts payable 15,295 21,169
Accrued expenses and other current liabilities 8,340 5,973
Current portion of operating lease liabilities 587 575
Total current liabilities 24,222 27,717
Operating lease liabilities, net of current portion 726 1,373
Other non-current liabilities 58 0
Total liabilities 25,006 29,090
Commitments and contingencies (Note 9)
Stockholders' equity    
Preferred Stock, $0.001 par value. 10,000,000 shares authorized, no shares issued and outstanding as of December 31, 2024 and December 31, 2023. 0 0
Class A common stock, $0.001 par value. 550,000,000 shares authorized, 61,646,478 and 54,220,017 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively. 61 54
Class B common stock, $0.001 par value. 250,000,000 shares authorized, 11,551,235 and 17,283,177 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively. 12 17
Additional paid-in capital 186,148 191,144
Accumulated deficit (121,342) (101,337)
Total Zevia PBC stockholders' equity 64,879 89,878
Noncontrolling Interests (21,934) (28,111)
Total equity 42,945 61,767
Total liabilities and equity $ 67,951 $ 90,857