Once Upon a Farm PBC's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters.
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 |
|---|---|---|
| Net sales | $85.4M | $72.7M |
| Cost of goods sold | $54.7M | $43.0M |
| Gross profit | $30.6M | $29.7M |
| Selling, general and administrative expenses | $36.3M | $45.8M |
| Income (loss) from operations | ($5.6M) | ($16.1M) |
| Interest expense | ($49.0K) | ($420.0K) |
| Interest income | $835.0K | $499.0K |
| Change in fair value of derivative liability | $0 | $340.0K |
| Other expense, net | ($132.0K) | ($3.0K) |
| Total other income (expense) | $654.0K | $416.0K |
| Net loss before income tax provision | ($5.0M) | ($15.7M) |
| Income tax (provision) benefit | $35.0K | ($77.0K) |
| Net loss | ($5.0M) | ($15.8M) |
| Basic | -$0.12 | -$0.59 |
| Diluted | -$0.12 | -$0.59 |
| Basic | 41.9M | 26.9M |
| Diluted | 41.9M | 26.9M |
| Line item | Jun 30, 2026 | Mar 31, 2026 |
|---|---|---|
| Cash and cash equivalents | $93.5M | $99.9M |
| Accounts receivable, net | $37.0M | $34.6M |
| Inventory | $51.9M | $50.3M |
| Prepaid expenses and other current assets | $4.7M | $5.2M |
| Total current assets | $187.1M | $189.9M |
| Property and equipment, net | $9.8M | $10.0M |
| Intangible assets, net | $522.0K | $541.0K |
| Goodwill | $4.2M | $4.2M |
| Other non-current assets | $955.0K | $1.0M |
| Total assets | $202.6M | $205.7M |
| Accounts payable | $16.0M | $16.4M |
| Accrued expenses and other current liabilities | $30.7M | $30.9M |
| Total current liabilities | $46.7M | $47.3M |
| Nonconvertible debt, net | $0 | $0 |
| Convertible notes | $0 | $0 |
| Derivative liability | $0 | $0 |
| Other non-current liabilities | $667.0K | $558.0K |
| Total liabilities | $47.3M | $47.8M |
| Convertible preferred stock, $0.0001 par value; 100,000,000 and 1,347,305 shares authorized; no shares and 1,164,696 shares issued and outstanding as of June 30, 2026 and December 31, 2025; aggregate liquidation preference of $0 and $94,261 as of June 30, 2026 and December 31, 2025 | 0 | 0 |
| Common stock, $0.0001 par value; 1,000,000,000 and 38,250,607 shares authorized; 41,979,811 and 7,458,069 shares issued and outstanding as of June 30, 2026 and December 31, 2025 | 4.0K | 4.0K |
| Additional paid-in capital | $311.8M | $309.4M |
| Accumulated deficit | ($156.5M) | ($151.5M) |
| Total stockholders' equity (deficit) | $155.3M | $157.9M |
| Total liabilities, convertible preferred stock and stockholders' equity (deficit) | $202.6M | $205.7M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 |
|---|---|---|
| Net loss | ($20.8M) | ($15.8M) |
| Change in fair value of derivative liability | ($340.0K) | ($340.0K) |
| Change in fair value of convertible preferred stock warrant liability | ($13.0K) | ($13.0K) |
| Change in fair value of SARs liability | $72.0K | ($2.0K) |
| Stock-based compensation | $6.8M | $4.3M |
| SARs issued to a customer recorded as a reduction to revenue | $109.0K | $43.0K |
| Inventory adjustments | $1.9M | $622.0K |
| Depreciation and amortization | $1.0M | $475.0K |
| Amortization of debt discounts and deferred financing costs | $99.0K | $49.0K |
| Non-cash interest | $29.0K | $29.0K |
| Accounts receivable | ($8.2M) | ($5.8M) |
| Inventory | ($6.8M) | ($3.9M) |
| Prepaid expenses and other assets | ($3.1M) | ($3.9M) |
| Accounts payable | ($689.0K) | ($743.0K) |
| Accrued expenses and other liabilities | $11.9M | $12.1M |
| Net cash used in operating activities | ($17.9M) | ($12.8M) |
| Purchase of property and equipment | ($2.4M) | ($1.4M) |
| Net cash used in investing activities | ($2.4M) | ($1.4M) |
| Proceeds from issuance of common stock | $155.4M | $155.4M |
| Proceeds from term loan facility | $0 | $0 |
| Proceeds from exercise of stock options | $246.0K | $17.0K |
| Payment of debt issuance costs | $0 | — |
| Repayment of line of credit | ($43.0M) | ($43.0M) |
| Payment of offering costs | ($9.6M) | ($9.1M) |
| Payment of deferred offering costs | $0 | $0 |
| Net cash provided by financing activities | $103.0M | $103.3M |
| Net change in cash and cash equivalents | $82.7M | $89.0M |
| Cash and cash equivalents, beginning of period | $10.9M | $10.9M |
| Cash and cash equivalents, end of period | $93.5M | $99.9M |
| Cash paid for interest | $342.0K | $342.0K |
| Cash paid for income taxes | $0 | $0 |
| Reallocation of borrowings from term loan to line of credit | $0 | — |
| Capital expenditures included in accounts payable and accrued expenses | $110.0K | $697.0K |
| Debt issuance costs included in accrued expenses | $0 | — |
| Deferred offering costs included in accounts payable and accrued expenses | $0 | $0 |
| Deferred offering costs transferred to additional paid in capital | $14.0M | $14.0M |
| Conversion of convertible preferred stock to common stock | $102.0M | $102.0M |
| Conversion of convertible notes to equity | $18.7M | $18.7M |
| Reclassification of Derivative Liability to Equity | $32.1M | $32.1M |
| Issuance of common stock upon net exercise of warrants | $1.9M | $1.9M |
Once Upon a Farm PBC score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.