Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS??? EQUITY, PARTNERS??? CAPITAL AND REDEEMABLE NONCONTROLLING INTEREST

v3.22.4
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY, PARTNERS’ CAPITAL AND REDEEMABLE NONCONTROLLING INTEREST - USD ($)
$ in Thousands
Total
IPO
Culture Kings
Third Estate LLC (mnml)
Common Stock
Common Stock
IPO
Common Stock
Culture Kings
Common Stock
Third Estate LLC (mnml)
Partnership Units
Additional Paid-In Capital
Additional Paid-In Capital
IPO
Additional Paid-In Capital
Culture Kings
Additional Paid-In Capital
Third Estate LLC (mnml)
Accumulated Other Comprehensive Income (Loss)
Retained Earnings (Accumulated Deficit)
Non-controlling Interest
Beginning Balance (in shares) at Dec. 31, 2019         0                      
Beginning Balance at Dec. 31, 2019         $ 0                      
Beginning Balance (in shares) at Dec. 31, 2019 [1]                 113,761,338              
Beginning Balance at Dec. 31, 2019 $ 112,041               $ 107,747 [1] $ 494       $ (4,731) $ (196) $ 8,727
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Issuance of units (in shares) [1]                 406,504              
Issuance of units 450               $ 450 [1]              
Equity-based compensation 1,380                 1,380            
Repurchase of incentive units (1,147)                 (1,147)            
Cumulative translation adjustment 11,355                         10,570   785
Net income (loss) 14,805                           14,334 471
Ending Balance (in shares) at Dec. 31, 2020         0                      
Ending Balance at Dec. 31, 2020         $ 0                      
Ending Balance (in shares) at Dec. 31, 2020 [1]                 114,167,842              
Ending Balance at Dec. 31, 2020 138,884               $ 108,197 [1] 727       5,839 14,138 9,983
Beginning balance at Dec. 31, 2019 0                              
Ending balance at Dec. 31, 2020 0                              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Issuance of units (in shares)                 25,746,282              
Issuance of units 82,669               $ 82,669              
Purchase of Petal & Pup noncontrolling interest (20,198)                 (10,599)           (9,599)
Purchase of Culture Kings noncontrolling interest (in shares)             21,809,804                  
Purchase of Culture Kings noncontrolling interest     $ 132,278       $ 22         $ 132,256        
Reorganization transactions (in shares)         94,780,337       (139,914,124)              
Reorganization transactions 0       $ 95       $ (190,866) 190,771            
Issuance of common stock upon initial public offering, net issuance costs (in shares)           10,000,000                    
Issuance of common stock upon initial public offering, net issuance costs   $ 95,721       $ 10         $ 95,711          
Issuance of common stock in the acquisition of mnml (in shares)               2,057,695                
Issuance of common stock in the acquisition of mnml       $ 17,305       $ 2         $ 17,303      
Change in tax bases of Culture Kings’ assets related to purchase of Culture Kings’ noncontrolling interest     $ 19,595                 $ 19,595        
Equity-based compensation 8,043                 8,043            
Cumulative translation adjustment (17,925)                         (16,919)   (1,006)
Net income (loss) $ (5,346)                           (5,968) 622
Ending Balance (in shares) at Dec. 31, 2021 128,647,836       128,647,836                      
Ending Balance at Dec. 31, 2021 $ 451,026       $ 129                      
Ending Balance (in shares) at Dec. 31, 2021 [1]                 0              
Ending Balance at Dec. 31, 2021 451,026               $ 0 [1] 453,807       (11,080) 8,170 0
Redeemable Noncontrolling Interest                                
Noncontrolling interest from purchase of Culture Kings 142,718                              
Purchase of Culture Kings noncontrolling interest (132,278)                              
Cumulative translation adjustment (9,694)                              
Net income (loss) (746)                              
Ending balance at Dec. 31, 2021 0                              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Equity-based compensation 6,730                 6,730            
Issuance of common stock under employee equity plans, net of shares withheld (in shares)         359,197                      
Issuance of common stock under employee equity plans, net of shares withheld 123                 123            
Cumulative translation adjustment (34,105)                         (34,105)   0
Net income (loss) $ (176,697)                           (176,697) 0
Ending Balance (in shares) at Dec. 31, 2022 129,003,733       129,007,033                      
Ending Balance at Dec. 31, 2022 $ 247,077       $ 129                      
Ending Balance (in shares) at Dec. 31, 2022 [1]                 0              
Ending Balance at Dec. 31, 2022 247,077               $ 0 [1] $ 460,660       $ (45,185) $ (168,527) $ 0
Redeemable Noncontrolling Interest                                
Cumulative translation adjustment 0                              
Net income (loss) 0                              
Ending balance at Dec. 31, 2022 $ 0                              
[1] Excelerate, L.P. was the predecessor entity to a.k.a. Brands Holding Corp. Refer to Note 1, “Description of Business,” for additional information.