FIGS: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, FIGS has $544,738K in assets. $131,409K in debts. $46,454K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	46,454	50,849
Short-term investments	195,072	187,991
Accounts receivable	12,218	9,125
Inventory, net	151,233	135,528
Prepaid expenses and other current assets	13,041	10,119
Total current assets	418,018	393,612
Property and equipment, net	33,565	33,109
Operating lease right-of-use assets	50,689	49,297
Deferred tax assets	13,098	11,541
Investment in equity securities	27,735	27,735
Other assets	1,633	1,830
Total non-current assets	126,720	123,512
Total assets	544,738	517,124

Accounts payable	5,345	19,023
Operating lease liabilities	9,448	9,548
Accrued expenses	34,189	22,236
Accrued compensation and benefits	12,404	7,379
Sales tax payable	3,730	3,502
Gift card liability	10,018	10,023
Deferred revenue	8,308	2,996
Returns reserve	3,217	3,002
Income tax payable	0	654
Total current liabilities	86,659	78,363
Operating lease liabilities, non-current	44,667	42,147
Other non-current liabilities	83	83
Total liabilities	131,409	120,593
Common stock-Common Class A	15	15
Common stock-Common Class B	0	0
Additional paid-in capital	332,935	324,975
Accumulated other comprehensive income	162	70
Retained earnings	80,217	71,471
Total stockholders equity	413,329	396,531
Total liabilities and stockholders equity	544,738	517,124

Unit: Thousand (K) dollars