Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF INCOME

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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Net sales $ 546,258,000 $ 611,738,000 $ 562,191,000
Cost of sales 245,978,000 274,491,000 254,527,000
Gross profit 300,280,000 337,247,000 307,664,000
Operating expenses:      
Selling 149,307,000 166,070,000 144,345,000
Marketing 68,907,000 66,730,000 58,120,000
General and administrative 96,951,000 102,700,000 88,816,000
Goodwill impairment 68,524,000 173,786,000 0
Total operating expenses 383,689,000 509,286,000 291,281,000
(Loss) income from operations (83,409,000) (172,039,000) 16,383,000
Other expense, net:      
Interest expense (11,165,000) (7,043,000) (9,485,000)
Loss on extinguishment of debt 0 0 (10,924,000)
Other expense (2,391,000) (1,532,000) (1,213,000)
Total other expense, net (13,556,000) (8,575,000) (21,622,000)
Loss before income taxes (96,965,000) (180,614,000) (5,239,000)
(Provision for) benefit from income tax (1,921,000) 3,917,000 (852,000)
Net loss (98,886,000) (176,697,000) (6,091,000)
Net loss attributable to noncontrolling interests 0 0 123,000
Net loss attributable to a.k.a. Brands Holding Corp. $ (98,886,000) $ (176,697,000) $ (5,968,000)
Net loss per share ,basic (in usd per share) [1] $ (9.24) $ (16.47) $ (0.77)
Net loss per share, diluted (in usd per share) [1] $ (9.24) $ (16.47) $ (0.77)
Weighted average shares outstanding , basic (in shares) 10,707,024 10,726,392 7,769,281
Weighted average shares outstanding, diluted (in shares) 10,707,024 10,726,392 7,769,281
[1] Adjusted for the one-for-12 Reverse Stock Split. Refer to Note 14, “Stockholders’ Equity.”