2022 Q2 Form 10-Q Financial Statement

#000162828022013617 Filed on May 10, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q4

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $46.85M $69.94M $105.0M
YoY Change 4884.04% 4625.34%
Cash & Equivalents $39.89M $69.94M $105.0M
Short-Term Investments $6.958M $0.00
Other Short-Term Assets $14.55M $14.47M
YoY Change 2409.31% 1966.71%
Inventory $15.01M $13.07M $11.43M
Prepaid Expenses $4.195M $1.918M
Receivables $3.933M $3.194M $3.122M
Other Receivables $1.324M $301.0K $657.0K
Total Short-Term Assets $81.67M $101.0M $134.8M
YoY Change 5278.97% 4528.58% 174.91%
LONG-TERM ASSETS
Property, Plant & Equipment $16.58M $17.12M $7.019M
YoY Change -32.58%
Goodwill $7.444M $7.444M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $80.31M $1.431M $1.514M
YoY Change 641.71%
Total Long-Term Assets $104.3M $105.9M $96.77M
YoY Change -59.7% -59.07% 811.54%
TOTAL ASSETS
Total Short-Term Assets $81.67M $101.0M $134.8M
Total Long-Term Assets $104.3M $105.9M $96.77M
Total Assets $186.0M $206.9M $231.6M
YoY Change -28.56% -20.72% 288.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $17.21M $16.54M $28.94M
YoY Change 68216.79% 8414.08% 218.93%
Accrued Expenses $11.21M $10.60M $6.392M
YoY Change 727.68% 1642.97% 10.17%
Deferred Revenue $1.904M $2.020M
YoY Change -17.07%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $72.00K $0.00 $0.00
YoY Change -100.0%
Total Short-Term Liabilities $51.14M $70.17M $81.29M
YoY Change 3477.12% 8412.25% 113.13%
LONG-TERM LIABILITIES
Long-Term Debt $124.2M $120.8M $120.3M
YoY Change 3108.91%
Other Long-Term Liabilities $59.17M $104.0K $217.0K
YoY Change 170.68% -99.38% -78.63%
Total Long-Term Liabilities $183.3M $120.9M $120.6M
YoY Change 738.69% 616.85% 2429.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $51.14M $70.17M $81.29M
Total Long-Term Liabilities $183.3M $120.9M $120.6M
Total Liabilities $234.5M $236.5M $233.2M
YoY Change 906.8% 1237.43% 443.46%
SHAREHOLDERS EQUITY
Retained Earnings -$420.9M -$384.6M
YoY Change -98604.15% 21.95%
Common Stock $7.000K $7.000K
YoY Change 645.47%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$48.50M -$29.60M -$1.575M
YoY Change
Total Liabilities & Shareholders Equity $186.0M $206.9M $231.6M
YoY Change -28.56% -20.72% 288.18%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q4

Facts In Submission

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NetCashProvidedByUsedInFinancingActivities
-7000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-889000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-35092000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7567000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
107795000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30043000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72703000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22476000 USD
CY2022Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
3000 USD
CY2021Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
2000 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
1093000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
117000 USD
CY2022Q1 us-gaap Stock Issued1
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3000000 USD
CY2021Q1 us-gaap Stock Issued1
StockIssued1
0 USD
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
69935000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
22476000 USD
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2768000 USD
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72703000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22476000 USD
CY2021Q4 boxd Reverse Recapitalization Aggregate Consideration
ReverseRecapitalizationAggregateConsideration
550000000 USD
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
69935000 USD
CY2022Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
2768000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-36211000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-36352000 USD
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Estimates </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">— The preparation of the Condensed Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Condensed Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include (i) revenue recognition and deferral in accordance with ASC 606 and (ii) the fair values of derivative instruments within the scope of ASC 815. On a regular basis, management reviews its estimates utilizing currently available information, changes in fact and circumstances, historical experience, and reasonable assumptions. After such review, those estimates are adjusted accordingly. Actual results could differ from those estimates.</span>
CY2022Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
2768000 USD
CY2022Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
2768000 USD
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
157000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
96000 USD
CY2022Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentrations of Risk —</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Certain financial instruments potentially subject us to concentrations of credit risk. Financial instruments that subject the Company to credit risk consist of cash and cash equivalents, and accounts receivable. The Company’s cash balances are primarily on deposit at high credit quality financial institutions. The cash balances in all accounts held at financial institutions are insured up to $250 thousand by the Federal Deposit Insurance Corporation (“FDIC”) through March 31, 2022. At times, cash balances may exceed federally insured amounts and potentially subject the Company to a concentration of credit risk. Management believes that no significant concentration of credit risk exists with respect to these cash balances because of its assessment of the creditworthiness and financial viability of the respective financial institutions.</span>The risk with respect to accounts receivable is managed by the Company through its policy of monitoring the creditworthiness of its customers to which it grants credit terms in the normal course of business.
CY2022Q1 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 USD
CY2021Q1 us-gaap Inventory Write Down
InventoryWriteDown
0 USD
CY2022Q1 us-gaap Inventory Write Down
InventoryWriteDown
0 USD
CY2022Q1 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
0 USD
CY2021Q4 boxd Forward Purchase Receivable Noncurrent
ForwardPurchaseReceivableNoncurrent
65062000 USD
CY2022Q1 boxd Forward Purchase Receivable Noncurrent
ForwardPurchaseReceivableNoncurrent
58184000 USD
CY2022Q1 us-gaap Amortization Of Debt Discount Premium
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423000 USD
CY2021Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 USD
CY2022Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
3023000 USD
CY2021Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
112000 USD
CY2021Q4 boxd Recapitalization Exchange Ratio
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0.9498
CY2021Q1 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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0 USD
CY2022Q1 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
476000 USD
CY2021Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
476000 USD
CY2022Q1 us-gaap Advertising Expense
AdvertisingExpense
11695000 USD
CY2021Q1 us-gaap Advertising Expense
AdvertisingExpense
5707000 USD
CY2022Q1 us-gaap Prepaid Advertising
PrepaidAdvertising
1390000 USD
CY2021Q4 us-gaap Prepaid Advertising
PrepaidAdvertising
78000 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
11298000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
11742000 USD
CY2022Q1 us-gaap Deferred Rent Credit
DeferredRentCredit
444000 USD
CY2021Q2 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
3250000 shares
CY2021Q2 us-gaap Sale Of Stock Price Per Share
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10.00
CY2021Q4 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
3250000 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
15554790 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
15554790 shares
CY2021Q4 boxd Forward Purchase Receivable Noncurrent
ForwardPurchaseReceivableNoncurrent
65062000 USD
CY2022Q1 boxd Forward Purchase Receivable Noncurrent
ForwardPurchaseReceivableNoncurrent
58184000 USD
CY2021Q4 boxd Reverse Recapitalization Cash In Trust Account
ReverseRecapitalizationCashInTrustAccount
77784000 USD
CY2021Q4 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
120000000 USD
CY2021Q4 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
32500000 USD
CY2021Q1 us-gaap Capitalized Computer Software Amortization1
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499000 USD
CY2021Q4 boxd Payments Of Reverse Recapitalization Transaction Costs
PaymentsOfReverseRecapitalizationTransactionCosts
47667000 USD
CY2021Q4 boxd Proceeds From Reverse Recapitalization Transaction Net
ProceedsFromReverseRecapitalizationTransactionNet
150117000 USD
CY2021Q4 boxd Payment Of Forward Purchase Receivable
PaymentOfForwardPurchaseReceivable
65062000 USD
CY2021Q4 boxd Reverse Recapitalization Net
ReverseRecapitalizationNet
85054000 USD
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
27889000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
27292000 USD
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
21287000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
20273000 USD
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
6602000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
7019000 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1016000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1230000 USD
CY2022Q1 us-gaap Capitalized Computer Software Amortization1
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305000 USD
CY2022Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
301000 USD
CY2021Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
657000 USD
CY2022Q1 us-gaap Prepaid Insurance
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3946000 USD
CY2021Q4 us-gaap Prepaid Insurance
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476000 USD
CY2022Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
4195000 USD
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1918000 USD
CY2022Q1 boxd Vendor Funds Receivable Current
VendorFundsReceivableCurrent
1099000 USD
CY2021Q4 boxd Vendor Funds Receivable Current
VendorFundsReceivableCurrent
1058000 USD
CY2022Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
2459000 USD
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
806000 USD
CY2022Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
12000000 USD
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4915000 USD
CY2022Q1 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
10702000 USD
CY2022Q1 boxd Credit Card Payable
CreditCardPayable
13347000 USD
CY2021Q4 boxd Credit Card Payable
CreditCardPayable
13738000 USD
CY2022Q1 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
1920000 USD
CY2021Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
1708000 USD
CY2022Q1 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
0 USD
CY2021Q4 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
451000 USD
CY2022Q1 boxd Credits Liability Current
CreditsLiabilityCurrent
648000 USD
CY2021Q4 boxd Credits Liability Current
CreditsLiabilityCurrent
641000 USD
CY2022Q1 boxd Obligation For Equity Consideration
ObligationForEquityConsideration
0 USD
CY2021Q4 boxd Obligation For Equity Consideration
ObligationForEquityConsideration
3000000 USD
CY2022Q1 us-gaap Other Accrued Liabilities Current
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2116000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2362000 USD
CY2022Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
18031000 USD
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
21899000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
120757000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
120334000 USD
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
120757000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
120334000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
43386000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
77371000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
120757000 USD
CY2022Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
11044000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
8891000 USD
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1904000 USD
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2020000 USD
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
46626000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40858000 USD
CY2022Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0000
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0000
CY2022Q1 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
1399000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
1349000 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10520000 USD
CY2022Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
157000 USD
CY2022Q1 boxd Lease Right Of Use Asset
LeaseRightOfUseAsset
10677000 USD
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3270000 USD
CY2022Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
74000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
7703000 USD
CY2022Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
85000 USD
CY2022Q1 boxd Lease Liability
LeaseLiability
11132000 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y1M6D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1116
CY2022Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y1M6D
CY2022Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0884
CY2022Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
25000 USD
CY2022Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
4000 USD
CY2022Q1 boxd Total Finance Lease Cost
TotalFinanceLeaseCost
29000 USD
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1088000 USD
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
35000 USD
CY2022Q1 us-gaap Lease Cost
LeaseCost
1152000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1707000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3398000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
64000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2922000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
77000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1742000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
34000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1771000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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3492000 USD
CY2022Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
16000 USD
CY2022Q1 boxd Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
2926000 USD
CY2022Q1 boxd Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
0 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
14466000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
175000 USD
CY2022Q1 us-gaap Operating Lease Liability
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10974000 USD
CY2022Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
159000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
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4478000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2920000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1742000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1769000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1711000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
2921000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
15541000 USD
CY2022Q1 us-gaap Operating Lease Payments
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1078000 USD
CY2022Q1 us-gaap Finance Lease Interest Payment On Liability
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23000 USD
CY2022Q1 us-gaap Finance Lease Principal Payments
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18000 USD
CY2022Q1 boxd Operating And Finance Lease Cash Payments
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1119000 USD
CY2022Q1 us-gaap Loss Contingency Estimate Of Possible Loss
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1399000 USD
CY2021Q4 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
1399000 USD
CY2021Q4 boxd Service Agreement Payable Current
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15000000 USD
CY2021Q4 boxd Exercise Of Sock Price Per Share Return
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10.00
CY2021Q4 boxd Exercise Of Sock Price Per Share Return
ExerciseOfSockPricePerShareReturn
10.00
CY2021Q4 us-gaap Common Stock Shares Authorized
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600000000 shares
CY2022Q1 us-gaap Common Stock Shares Authorized
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600000000 shares
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
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0.0001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.0001
CY2022Q1 us-gaap Common Stock Shares Outstanding
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66915204 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
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66647242 shares
CY2022Q1 boxd Common Stock Number Of Votes Per Share
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1 vote
CY2022Q1 us-gaap Temporary Equity Shares Authorized
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60000000 shares
CY2021Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
60000000 shares
CY2021Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
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0.0001
CY2022Q1 us-gaap Temporary Equity Par Or Stated Value Per Share
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0.0001
CY2021Q4 us-gaap Temporary Equity Shares Outstanding
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0 shares
CY2022Q1 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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5832519 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.30
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y7M13D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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237500 shares
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
10.00
CY2022Q1 boxd Share Based Compensation Arrangement By Share Based Payment Award Options Granted Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedWeightedAverageRemainingContractualTerm
P9Y11M15D
CY2022Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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164235 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5905784 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.56
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y6M21D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
5905784 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
3.56
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y6M21D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4282866 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
3.00
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y5M23D
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
3004000 USD
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P0Y10M24D
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
1875000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-36211000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-14205000 USD
CY2022Q1 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
0 USD
CY2021Q1 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
401000 USD
CY2022Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 USD
CY2021Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 USD
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-36211000 USD
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-36211000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-14606000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-14606000 USD
CY2022Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2021Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
66861005 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
66861005 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9419197 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9419197 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.54
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.54
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.55
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.55
CY2021Q4 boxd Number Of Related Parties
NumberOfRelatedParties
3 related_party
CY2021Q4 boxd Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
0.9498
CY2021Q4 boxd Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
0.9498
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
46626000 USD
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-29010000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40858000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-13292000 USD

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