◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

FRESHPET, INC. CIK: 1611647 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0001437749-22-010571
Period End Date 20220331
Filing Date 20220503
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance frpt20220331_10q_htm.xml
Filing Contents
Balance Sheet 66 line items
Line Item Tag Value Unit Period
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, authorized (in shares) CommonStockSharesAuthorized 200.00M shares Point-in-time
Common stock, authorized (in shares) CommonStockSharesAuthorized 200.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $72.79M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $29.73M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts AccountsReceivableNetCurrent $34.78M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts AccountsReceivableNetCurrent $61.46M USD Point-in-time
Common stock, issued (in shares) CommonStockSharesIssued 43.48M shares Point-in-time
Common stock, issued (in shares) CommonStockSharesIssued 43.45M shares Point-in-time
Inventories, net InventoryNet $35.57M USD Point-in-time
Common stock, outstanding (in shares) CommonStockSharesOutstanding 43.47M shares Point-in-time
Common stock, outstanding (in shares) CommonStockSharesOutstanding 43.44M shares Point-in-time
Inventories, net InventoryNet $45.31M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $5.83M USD Point-in-time
Treasury Stock, Shares (in shares) TreasuryStockShares 14,000.00 shares Point-in-time
Treasury Stock, Shares (in shares) TreasuryStockShares 14,000.00 shares Point-in-time
Prepaid expenses PrepaidExpenseCurrent $4.49M USD Point-in-time
Other current assets OtherAssetsCurrent $1.97M USD Point-in-time
Other current assets OtherAssetsCurrent $1.35M USD Point-in-time
Total Current Assets AssetsCurrent $150.32M USD Point-in-time
Total Current Assets AssetsCurrent $142.97M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $583.92M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $663.84M USD Point-in-time
Deposits on equipment DepositsOnPropertyPlantAndEquipmentNet $1.17M USD Point-in-time
Deposits on equipment DepositsOnPropertyPlantAndEquipmentNet $4.10M USD Point-in-time
Operating lease right of use assets OperatingLeaseRightOfUseAsset $6.54M USD Point-in-time
Operating lease right of use assets OperatingLeaseRightOfUseAsset $6.23M USD Point-in-time
Equity method investment EquityMethodInvestments $27.84M USD Point-in-time
Equity method investment EquityMethodInvestments $25.86M USD Point-in-time
Other assets OtherAssetsNoncurrent $13.67M USD Point-in-time
Other assets OtherAssetsNoncurrent $11.42M USD Point-in-time
Total Assets Assets $784.41M USD Point-in-time
Total Assets Assets $853.46M USD Point-in-time
Accounts payable AccountsPayableCurrent $42.61M USD Point-in-time
Accounts payable AccountsPayableCurrent $77.15M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $14.95M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $13.14M USD Point-in-time
Current operating lease liabilities OperatingLeaseLiabilityCurrent $1.38M USD Point-in-time
Current operating lease liabilities OperatingLeaseLiabilityCurrent $1.38M USD Point-in-time
Current portion of long term debt LongTermDebtCurrent $4.77M USD Point-in-time
Current portion of long term debt LongTermDebtCurrent - USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $96.44M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $58.95M USD Point-in-time
Long term debt LongTermDebtNoncurrent - USD Point-in-time
Long term debt LongTermDebtNoncurrent $43.54M USD Point-in-time
Long term operating lease liabilities OperatingLeaseLiabilityNoncurrent $5.71M USD Point-in-time
Long term operating lease liabilities OperatingLeaseLiabilityNoncurrent $5.42M USD Point-in-time
Total Liabilities Liabilities $145.41M USD Point-in-time
Total Liabilities Liabilities $64.66M USD Point-in-time
Common stock voting, $0.001 par value, 200,000 shares authorized, 43,485 issued and 43,471 outstanding on March 31, 2022, and 43,449 issued and 43,435 outstanding on December 31, 2021 CommonStockValue $43.00K USD Point-in-time
Common stock voting, $0.001 par value, 200,000 shares authorized, 43,485 issued and 43,471 outstanding on March 31, 2022, and 43,449 issued and 43,435 outstanding on December 31, 2021 CommonStockValue $43.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $961.91M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $955.71M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-235.62M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-253.16M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-482.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-120.00K USD Point-in-time
Treasury stock, at cost 14 shares on March 31, 2022 and on December 31, 2021 TreasuryStockValue $256.00K USD Point-in-time
Treasury stock, at cost 14 shares on March 31, 2022 and on December 31, 2021 TreasuryStockValue $256.00K USD Point-in-time
Total Stockholders' Equity StockholdersEquity $394.17M USD Point-in-time
Total Stockholders' Equity StockholdersEquity $721.40M USD Point-in-time
Total Stockholders' Equity StockholdersEquity $708.05M USD Point-in-time
Total Stockholders' Equity StockholdersEquity $719.75M USD Point-in-time
Total Liabilities and Stockholders' Equity LiabilitiesAndStockholdersEquity $784.41M USD Point-in-time
Total Liabilities and Stockholders' Equity LiabilitiesAndStockholdersEquity $853.46M USD Point-in-time
Income Statement 36 line items
Line Item Tag Value Unit Period
NET SALES RevenueFromContractWithCustomerExcludingAssessedTax $132.17M USD 1 Quarter
NET SALES RevenueFromContractWithCustomerExcludingAssessedTax $93.41M USD 1 Quarter
COST OF GOODS SOLD CostOfGoodsAndServicesSold $87.42M USD 1 Quarter
COST OF GOODS SOLD CostOfGoodsAndServicesSold $57.10M USD 1 Quarter
GROSS PROFIT GrossProfit $44.75M USD 1 Quarter
GROSS PROFIT GrossProfit $36.31M USD 1 Quarter
SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES SellingGeneralAndAdministrativeExpense $60.63M USD 1 Quarter
SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES SellingGeneralAndAdministrativeExpense $46.03M USD 1 Quarter
LOSS FROM OPERATIONS OperatingIncomeLoss $-9.72M USD 1 Quarter
LOSS FROM OPERATIONS OperatingIncomeLoss $-15.88M USD 1 Quarter
Other (Expenses)/Income, net OtherNonoperatingIncomeExpense $258.00K USD 1 Quarter
Other (Expenses)/Income, net OtherNonoperatingIncomeExpense $-5.00K USD 1 Quarter
Interest Expense InterestExpense $571.00K USD 1 Quarter
Interest Expense InterestExpense $901.00K USD 1 Quarter
Nonoperating Income (Expense), Total NonoperatingIncomeExpense $-906.00K USD 1 Quarter
Nonoperating Income (Expense), Total NonoperatingIncomeExpense $-313.00K USD 1 Quarter
LOSS BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-10.62M USD 1 Quarter
LOSS BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-16.19M USD 1 Quarter
INCOME TAX EXPENSE IncomeTaxExpenseBenefit $16.00K USD 1 Quarter
INCOME TAX EXPENSE IncomeTaxExpenseBenefit $41.00K USD 1 Quarter
LOSS ON EQUITY METHOD INVESTMENT IncomeLossFromEquityMethodInvestments $-1.31M USD 1 Quarter
LOSS ON EQUITY METHOD INVESTMENT IncomeLossFromEquityMethodInvestments $-248.00K USD 1 Quarter
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS NetIncomeLoss $-10.89M USD 1 Quarter
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS NetIncomeLoss $-17.54M USD 1 Quarter
Change in foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-362.00K USD 1 Quarter
Change in foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $259.00K USD 1 Quarter
TOTAL COMPREHENSIVE (LOSS) INCOME ComprehensiveIncomeNetOfTax $-17.90M USD 1 Quarter
TOTAL COMPREHENSIVE (LOSS) INCOME ComprehensiveIncomeNetOfTax $-10.63M USD 1 Quarter
-BASIC (in dollars per share) EarningsPerShareBasic $-0.26 USD 1 Quarter
-BASIC (in dollars per share) EarningsPerShareBasic $-0.40 USD 1 Quarter
-DILUTED (in dollars per share) EarningsPerShareDiluted $-0.26 USD 1 Quarter
-DILUTED (in dollars per share) EarningsPerShareDiluted $-0.40 USD 1 Quarter
-BASIC (in shares) WeightedAverageNumberOfSharesOutstandingBasic 41.63M shares 1 Quarter
-BASIC (in shares) WeightedAverageNumberOfSharesOutstandingBasic 43.44M shares 1 Quarter
-DILUTED (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 41.63M shares 1 Quarter
-DILUTED (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 43.44M shares 1 Quarter
Cash Flow Statement 66 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-10.89M USD 1 Quarter
Net loss NetIncomeLoss $-17.54M USD 1 Quarter
Provision for loss (gains) on accounts receivable ProvisionForDoubtfulAccounts $-3.00K USD 1 Quarter
Provision for loss (gains) on accounts receivable ProvisionForDoubtfulAccounts $-25.00K USD 1 Quarter
Loss on disposal of equipment GainLossOnDispositionOfAssets $-60.00K USD 1 Quarter
Loss on disposal of equipment GainLossOnDispositionOfAssets $-43.00K USD 1 Quarter
Share-based compensation ShareBasedCompensation $6.29M USD 1 Quarter
Share-based compensation ShareBasedCompensation $6.08M USD 1 Quarter
Inventory obsolescence InventoryWriteDown $129.00K USD 1 Quarter
Inventory obsolescence InventoryWriteDown $-149.00K USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $8.01M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $7.09M USD 1 Quarter
Amortization of deferred financing costs and loan discount AmortizationOfFinancingCostsAndDiscounts $132.00K USD 1 Quarter
Amortization of deferred financing costs and loan discount AmortizationOfFinancingCostsAndDiscounts $617.00K USD 1 Quarter
Change in operating lease right of use asset IncreaseDecreaseInOperatingLeaseRightOfUseAsset $-309.00K USD 1 Quarter
Change in operating lease right of use asset IncreaseDecreaseInOperatingLeaseRightOfUseAsset $-310.00K USD 1 Quarter
Loss on equity method investment EquityMethodInvestmentDividendsOrDistributions $1.31M USD 1 Quarter
Loss on equity method investment EquityMethodInvestmentDividendsOrDistributions $236.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $26.65M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $10.38M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $2.83M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $9.59M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-717.00K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $140.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-137.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $990.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $6.25M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $5.45M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-1.81M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-1.80M USD 1 Quarter
Other lease liabilities IncreaseDecreaseInOtherLeaseLiabilities $-345.00K USD 1 Quarter
Other lease liabilities IncreaseDecreaseInOtherLeaseLiabilities $-290.00K USD 1 Quarter
Net cash flows used in operating activities NetCashProvidedByUsedInOperatingActivities $-5.49M USD 1 Quarter
Net cash flows used in operating activities NetCashProvidedByUsedInOperatingActivities $-34.78M USD 1 Quarter
Investments in equity method investment PaymentsToAcquireEquityMethodInvestments - USD 1 Quarter
Investments in equity method investment PaymentsToAcquireEquityMethodInvestments $3.29M USD 1 Quarter
Acquisitions of property, plant and equipment, software and deposits on equipment PaymentsToAcquireProductiveAssets $55.89M USD 1 Quarter
Acquisitions of property, plant and equipment, software and deposits on equipment PaymentsToAcquireProductiveAssets $49.33M USD 1 Quarter
Net cash flows used in investing activities NetCashProvidedByUsedInInvestingActivities $-59.18M USD 1 Quarter
Net cash flows used in investing activities NetCashProvidedByUsedInInvestingActivities $-49.33M USD 1 Quarter
Proceeds from common shares issued in primary offering, net of issuance cost ProceedsFromIssuanceInitialPublicOffering $332.52M USD 1 Quarter
Proceeds from common shares issued in primary offering, net of issuance cost ProceedsFromIssuanceInitialPublicOffering - USD 1 Quarter
Proceeds from exercise of options to purchase common stock ProceedsFromStockOptionsExercised $232.00K USD 1 Quarter
Proceeds from exercise of options to purchase common stock ProceedsFromStockOptionsExercised $714.00K USD 1 Quarter
Tax withholdings related to net shares settlements of restricted stock units PaymentsRelatedToTaxWithholdingForShareBasedCompensation $323.00K USD 1 Quarter
Tax withholdings related to net shares settlements of restricted stock units PaymentsRelatedToTaxWithholdingForShareBasedCompensation $1.53M USD 1 Quarter
Proceeds from borrowings under Credit Facility ProceedsFromLinesOfCredit $51.00M USD 1 Quarter
Proceeds from borrowings under Credit Facility ProceedsFromLinesOfCredit - USD 1 Quarter
Fees paid in connection with financing agreements PaymentsOfFinancingCosts - USD 1 Quarter
Fees paid in connection with financing agreements PaymentsOfFinancingCosts $3.17M USD 1 Quarter
Net cash flows provided by financing activities NetCashProvidedByUsedInFinancingActivities $50.91M USD 1 Quarter
Net cash flows provided by financing activities NetCashProvidedByUsedInFinancingActivities $328.54M USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $273.72M USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-43.06M USD 1 Quarter
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $72.79M USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $340.97M USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $67.25M USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $29.73M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $72.79M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $340.97M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $67.25M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $29.73M USD Point-in-time
Interest paid InterestPaidNet $208.00K USD 1 Quarter
Interest paid InterestPaidNet $421.00K USD 1 Quarter
Property, plant and equipment purchases in accounts payable CapitalExpendituresIncurredButNotYetPaid $19.54M USD 1 Quarter
Property, plant and equipment purchases in accounts payable CapitalExpendituresIncurredButNotYetPaid $51.57M USD 1 Quarter
Stockholders Equity 19 line items
Line Item Tag Value Unit Period
Balances StockholdersEquity $394.17M USD Point-in-time
Balances StockholdersEquity $721.40M USD Point-in-time
Balances StockholdersEquity $708.05M USD Point-in-time
Balances StockholdersEquity $719.75M USD Point-in-time
Exercise of options to purchase common stock StockIssuedDuringPeriodValueStockOptionsExercised $232.00K USD 1 Quarter
Exercise of options to purchase common stock StockIssuedDuringPeriodValueStockOptionsExercised $714.00K USD 1 Quarter
Vesting of restricted stock units StockIssuedDuringPeriodValueRestrictedStockAwardGross $-1.53M USD 1 Quarter
Vesting of restricted stock units StockIssuedDuringPeriodValueRestrictedStockAwardGross $-323.00K USD 1 Quarter
Share-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $6.29M USD 1 Quarter
Share-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $6.15M USD 1 Quarter
Foreign Currency Translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-362.00K USD 1 Quarter
Foreign Currency Translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $259.00K USD 1 Quarter
Net loss NetIncomeLoss $-10.89M USD 1 Quarter
Net loss NetIncomeLoss $-17.54M USD 1 Quarter
Shares issued in primary offering StockIssuedDuringPeriodValueNewIssues $332.52M USD 1 Quarter
Balances StockholdersEquity $394.17M USD Point-in-time
Balances StockholdersEquity $721.40M USD Point-in-time
Balances StockholdersEquity $708.05M USD Point-in-time
Balances StockholdersEquity $719.75M USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...