PRPL: the balance sheet

MyFinsight

For the year ending 2025-12-31, PRPL has $296,259K in assets. $325,928K in debts. $24,345K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	24,345
Accounts receivable, net	41,272
Inventories	59,725
Prepaid expenses	5,487
Other current assets	5,891
Total current assets	136,720
Property and equipment, gross	179,447
Accumulated depreciation	101,486
Property and equipment, net	77,961
Operating lease right-of-use assets	67,271
Intangible assets, net	6,346
Other long-term assets	7,961
Total assets	296,259

Accounts payable	40,312
Accrued compensation	7,673
Customer prepayments	5,276
Accrued rebates and allowances	13,416
Accrued warranty liabilities current portion	7,141
Operating lease obligations current portion	17,366
Other current liabilities	10,339
Total current liabilities	101,523
Related party debt	111,305
Accrued warranty liabilities, net of current portion	19,570
Operating lease obligations, net of current portion	75,616
Warrant liabilities	16,150
Other long-term liabilities	1,764
Total liabilities	325,928
Common stock value	11
Additional paid-in capital	595,582
Accumulated deficit	-625,280
Total stockholders equity (deficit) attributable to purple innovation, inc	-29,687
Noncontrolling interest	18
Total stockholders equity (deficit)	-29,669
Total liabilities and stockholders equity (deficit)	296,259

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