2022 Q2 Form 10-Q Financial Statement
#000162828022021082 Filed on August 04, 2022
Income Statement
Concept | 2022 Q2 | 2022 Q1 | 2021 Q4 |
---|---|---|---|
Revenue | $122.2M | $110.1M | $128.7M |
YoY Change | 20.9% | 26.44% | 42.69% |
Cost Of Revenue | $35.90M | $31.67M | $38.70M |
YoY Change | 33.14% | 28.12% | 48.07% |
Gross Profit | $86.35M | $78.43M | $90.00M |
YoY Change | 16.45% | 25.77% | 40.5% |
Gross Profit Margin | 70.63% | 71.24% | 69.93% |
Selling, General & Admin | $76.90M | $64.69M | $73.57M |
YoY Change | -27.6% | 39.71% | 43.44% |
% of Gross Profit | 89.05% | 82.47% | 81.74% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $400.0K | $400.0K | $403.0K |
YoY Change | 33.33% | 33.33% | |
% of Gross Profit | 0.46% | 0.51% | 0.45% |
Operating Expenses | $76.90M | $64.69M | $73.57M |
YoY Change | -27.6% | 39.71% | 43.44% |
Operating Profit | $9.451M | $13.75M | $16.43M |
YoY Change | -129.48% | -14.41% | 28.68% |
Interest Expense | $70.00K | $9.000K | -$63.00K |
YoY Change | -325.81% | -125.0% | -887.5% |
% of Operating Profit | 0.74% | 0.07% | -0.38% |
Other Income/Expense, Net | $0.00 | $1.000K | -$60.00K |
YoY Change | -50.0% | ||
Pretax Income | $9.521M | $13.75M | $16.31M |
YoY Change | -129.67% | -14.16% | 27.64% |
Income Tax | $4.700M | $4.900M | $3.715M |
% Of Pretax Income | 49.36% | 35.63% | 22.78% |
Net Earnings | $4.852M | $8.899M | $12.60M |
YoY Change | -111.97% | -22.21% | 3.88% |
Net Earnings / Revenue | 3.97% | 8.08% | 9.79% |
Basic Earnings Per Share | $0.03 | $0.05 | |
Diluted Earnings Per Share | $0.03 | $0.05 | $76.88K |
COMMON SHARES | |||
Basic Shares Outstanding | 164.9M shares | 164.4M | |
Diluted Shares Outstanding | 188.9M shares | 193.4M |
Balance Sheet
Concept | 2022 Q2 | 2022 Q1 | 2021 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $170.2M | $189.4M | $195.4M |
YoY Change | 3.81% | 156.51% | |
Cash & Equivalents | $170.2M | $189.4M | $195.4M |
Short-Term Investments | |||
Other Short-Term Assets | $12.33M | $11.26M | $9.456M |
YoY Change | 47.85% | 199.23% | |
Inventory | $127.6M | $102.8M | $86.07M |
Prepaid Expenses | $9.261M | $9.093M | $5.440M |
Receivables | $4.299M | $2.910M | $1.653M |
Other Receivables | $779.0K | $0.00 | $788.0K |
Total Short-Term Assets | $315.9M | $306.3M | $293.3M |
YoY Change | 29.74% | 109.36% | 143.81% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $8.809M | $7.719M | $7.613M |
YoY Change | 27.52% | 17.27% | 16.6% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.747M | $745.0K | $560.0K |
YoY Change | 248.01% | -91.07% | 10.67% |
Total Long-Term Assets | $37.74M | $36.36M | $18.41M |
YoY Change | 250.63% | 143.65% | 35.96% |
TOTAL ASSETS | |||
Total Short-Term Assets | $315.9M | $306.3M | $293.3M |
Total Long-Term Assets | $37.74M | $36.36M | $18.41M |
Total Assets | $353.6M | $342.7M | $311.8M |
YoY Change | 39.09% | 112.53% | 132.9% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $10.61M | $17.01M | $14.60M |
YoY Change | -35.6% | 5.97% | 22.06% |
Accrued Expenses | $27.84M | $24.20M | $24.68M |
YoY Change | 81.78% | 16.16% | 269.31% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $58.03M | $61.18M | $62.39M |
YoY Change | 23.66% | 41.12% | 91.87% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $215.0K | $243.0K | $243.0K |
YoY Change | -94.04% | -93.31% | |
Total Long-Term Liabilities | $215.0K | $243.0K | $243.0K |
YoY Change | -94.04% | -93.31% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $58.03M | $61.18M | $62.39M |
Total Long-Term Liabilities | $215.0K | $243.0K | $243.0K |
Total Liabilities | $75.52M | $79.39M | $66.18M |
YoY Change | 49.42% | 68.97% | 82.92% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $31.68M | $26.83M | $17.93M |
YoY Change | -2056.89% | -34.77% | |
Common Stock | $246.4M | $236.5M | $227.6M |
YoY Change | 20.02% | 224.3% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $278.1M | $263.3M | $245.6M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $353.6M | $342.7M | $311.8M |
YoY Change | 39.09% | 112.53% | 132.9% |
Cashflow Statement
Concept | 2022 Q2 | 2022 Q1 | 2021 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $4.852M | $8.899M | $12.60M |
YoY Change | -111.97% | -22.21% | 3.88% |
Depreciation, Depletion And Amortization | $400.0K | $400.0K | $403.0K |
YoY Change | 33.33% | 33.33% | |
Cash From Operating Activities | -$18.52M | -$8.017M | $13.93M |
YoY Change | -211.34% | -149.77% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.363M | -$364.0K | -$704.0K |
YoY Change | 175.35% | -181.98% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$500.0K | ||
YoY Change | |||
Cash From Investing Activities | -$1.863M | -$364.0K | -$704.0K |
YoY Change | 276.36% | -31.06% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 1.200M | 352.0K | 247.0K |
YoY Change | -98.38% | 186.18% | |
NET CHANGE | |||
Cash From Operating Activities | -18.52M | -8.017M | 13.93M |
Cash From Investing Activities | -1.863M | -364.0K | -704.0K |
Cash From Financing Activities | 1.200M | 352.0K | 247.0K |
Net Change In Cash | -19.18M | -8.029M | 13.48M |
YoY Change | -121.28% | -151.13% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$18.52M | -$8.017M | $13.93M |
Capital Expenditures | -$1.363M | -$364.0K | -$704.0K |
Free Cash Flow | -$17.16M | -$7.653M | $14.64M |
YoY Change | -200.16% | -148.85% |
Facts In Submission
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2022 | ||
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Q2 | ||
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2022-06-30 | ||
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2834 Colorado Avenue | ||
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70000 | usd |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4669000 | usd |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
9521000 | usd |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-32092000 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
78000 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-69000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
23274000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-16070000 | usd | |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
8454000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9523000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
13036000 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4852000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-40546000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
13751000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-29106000 | usd | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.03 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.26 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.08 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.19 | ||
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.26 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.07 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.19 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
164919979 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
156867484 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
164664480 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
155725959 | shares | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
188903553 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
156867484 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
191142834 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
155725959 | shares | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
97677000 | usd |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5015000 | usd |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
123000 | usd |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11440000 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
114255000 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
95101000 | usd |
CY2021Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
21556000 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
56012000 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
449000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-40546000 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
203715000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
245573000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
8477000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
352000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8899000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
263301000 | usd |
CY2022Q2 | figs |
Adjustments To Additional Paid In Capital Contributions
AdjustmentsToAdditionalPaidInCapitalContributions
|
479000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
8777000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
721000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4852000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
278130000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
13751000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-29106000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
808000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
666000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-315000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
3153000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
1061000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
17254000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
61027000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2637000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1846000 | usd | |
us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
631000 | usd | |
us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
4875000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
41578000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
12639000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
4929000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1674000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
687000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
6000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-4081000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
4575000 | usd | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
2970000 | usd | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
8553000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
448000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-1102000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-2994000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-70000 | usd | |
figs |
Increase Decrease In Returns Reserve
IncreaseDecreaseInReturnsReserve
|
-387000 | usd | |
figs |
Increase Decrease In Returns Reserve
IncreaseDecreaseInReturnsReserve
|
451000 | usd | |
figs |
Increase Decrease In Sales Tax Payable
IncreaseDecreaseInSalesTaxPayable
|
58000 | usd | |
figs |
Increase Decrease In Sales Tax Payable
IncreaseDecreaseInSalesTaxPayable
|
836000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-3973000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
805000 | usd | |
figs |
Increase Decrease In Gifts Cards Liability
IncreaseDecreaseInGiftsCardsLiability
|
319000 | usd | |
figs |
Increase Decrease In Gifts Cards Liability
IncreaseDecreaseInGiftsCardsLiability
|
350000 | usd | |
figs |
Increase Decrease In Deferred Rent And Lease Incentive
IncreaseDecreaseInDeferredRentAndLeaseIncentive
|
-49000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-964000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-28000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-26535000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
32741000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1727000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1023000 | usd | |
us-gaap |
Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
|
500000 | usd | |
us-gaap |
Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2227000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1023000 | usd | |
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
0 | usd | |
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
95881000 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
780000 | usd | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
1073000 | usd | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
572000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | usd | |
CY2021 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
400000 | usd |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
21556000 | usd | |
us-gaap |
Proceeds From Contributed Capital
ProceedsFromContributedCapital
|
479000 | usd | |
us-gaap |
Proceeds From Contributed Capital
ProceedsFromContributedCapital
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1552000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
74117000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-27210000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
105835000 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
197430000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
58133000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
170220000 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
163968000 | usd |
us-gaap |
Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
309000 | usd | |
us-gaap |
Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
247000 | usd | |
figs |
Deferred Offering Costs Included In Accounts Payable And Accrued Expenses
DeferredOfferingCostsIncludedInAccountsPayableAndAccruedExpenses
|
0 | usd | |
figs |
Deferred Offering Costs Included In Accounts Payable And Accrued Expenses
DeferredOfferingCostsIncludedInAccountsPayableAndAccruedExpenses
|
780000 | usd | |
CY2021Q2 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
9 | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods presented. </span></div>Significant estimates include, but are not limited to, the valuation of the net realizable value of inventory, reserves for sales returns, allowances for doubtful accounts, stock-based compensation, contingent sales tax liability, and the useful lives and recoverability of long-lived assets. Actual results could differ from those estimates. | ||
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
170220000 | usd |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
195374000 | usd |
CY2022Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
0 | usd |
CY2021Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
2056000 | usd |
CY2022Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
170220000 | usd |
CY2021Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
197430000 | usd |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
300000 | usd | |
figs |
Contract With Customer Product Return Refund Period
ContractWithCustomerProductReturnRefundPeriod
|
P30D | ||
CY2022Q2 | us-gaap |
Customer Refund Liability Current
CustomerRefundLiabilityCurrent
|
2400000 | usd |
CY2021Q4 | us-gaap |
Customer Refund Liability Current
CustomerRefundLiabilityCurrent
|
2800000 | usd |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
122247000 | usd |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
101117000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
232348000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
188196000 | usd | |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
122247000 | usd |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
101117000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
232348000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
188196000 | usd | |
CY2022Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
4299000 | usd |
CY2021Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1653000 | usd |
CY2022Q2 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
779000 | usd |
CY2021Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
788000 | usd |
CY2022Q2 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
5078000 | usd |
CY2021Q4 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
2441000 | usd |
CY2022Q2 | figs |
Prepaid Inventory Deposits Current
PrepaidInventoryDepositsCurrent
|
2151000 | usd |
CY2021Q4 | figs |
Prepaid Inventory Deposits Current
PrepaidInventoryDepositsCurrent
|
798000 | usd |
CY2022Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
9261000 | usd |
CY2021Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
5440000 | usd |
CY2022Q2 | figs |
Other Prepaid Expenses And Current Assets
OtherPrepaidExpensesAndCurrentAssets
|
917000 | usd |
CY2021Q4 | figs |
Other Prepaid Expenses And Current Assets
OtherPrepaidExpensesAndCurrentAssets
|
1162000 | usd |
CY2022Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
12329000 | usd |
CY2021Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
7400000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
12480000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
10476000 | usd |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3671000 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2863000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8809000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
7613000 | usd |
CY2022Q2 | us-gaap |
Depreciation
Depreciation
|
400000 | usd |
us-gaap |
Depreciation
Depreciation
|
800000 | usd | |
CY2021Q2 | us-gaap |
Depreciation
Depreciation
|
300000 | usd |
us-gaap |
Depreciation
Depreciation
|
700000 | usd | |
CY2022Q2 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
1934000 | usd |
CY2022Q2 | figs |
Accrued Inventory
AccruedInventory
|
14573000 | usd |
CY2021Q4 | figs |
Accrued Inventory
AccruedInventory
|
16243000 | usd |
CY2022Q2 | figs |
Accrued Shipping
AccruedShipping
|
2184000 | usd |
CY2021Q4 | figs |
Accrued Shipping
AccruedShipping
|
1077000 | usd |
CY2022Q2 | figs |
Accrued Selling Expenses
AccruedSellingExpenses
|
5657000 | usd |
CY2021Q4 | figs |
Accrued Selling Expenses
AccruedSellingExpenses
|
4832000 | usd |
CY2022Q2 | figs |
Accrued Legal Expenses
AccruedLegalExpenses
|
593000 | usd |
CY2021Q4 | figs |
Accrued Legal Expenses
AccruedLegalExpenses
|
588000 | usd |
CY2021Q4 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
923000 | usd |
CY2022Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2898000 | usd |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1014000 | usd |
CY2022Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
27839000 | usd |
CY2021Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
24677000 | usd |
CY2022Q2 | figs |
Estimate Of Contingent Sales Tax Payable
EstimateOfContingentSalesTaxPayable
|
1600000 | usd |
CY2021Q4 | figs |
Estimate Of Contingent Sales Tax Payable
EstimateOfContingentSalesTaxPayable
|
1600000 | usd |
CY2022Q2 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
|
67400000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P5Y | |
figs |
Lessee Operating Lease Abatement Period
LesseeOperatingLeaseAbatementPeriod
|
P3M | ||
CY2022Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
800000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1300000 | usd | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
1569000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P6Y8M12D | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.023 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
1337000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
3458000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
3578000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
3703000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
2346000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
7418000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
21840000 | usd |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4700000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
20271000 | usd |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1200000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
4700000 | usd | |
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.490 | |
CY2021Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.263 | |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
8500000 | usd |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.409 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.811 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9500000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
13000000.0 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4852000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-40546000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
13751000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-29106000 | usd | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
164919979 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
156867484 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
164664480 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
155725959 | shares | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
188903553 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
156867484 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
191142834 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
155725959 | shares | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.03 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.26 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.08 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.19 | ||
CY2022Q2 | figs |
Effect Of Dilutive Stock Options And Restrictive Stock Units Per Share
EffectOfDilutiveStockOptionsAndRestrictiveStockUnitsPerShare
|
0 | |
CY2021Q2 | figs |
Effect Of Dilutive Stock Options And Restrictive Stock Units Per Share
EffectOfDilutiveStockOptionsAndRestrictiveStockUnitsPerShare
|
0 | |
figs |
Effect Of Dilutive Stock Options And Restrictive Stock Units Per Share
EffectOfDilutiveStockOptionsAndRestrictiveStockUnitsPerShare
|
-0.01 | ||
figs |
Effect Of Dilutive Stock Options And Restrictive Stock Units Per Share
EffectOfDilutiveStockOptionsAndRestrictiveStockUnitsPerShare
|
0 | ||
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.26 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.07 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.19 | ||
CY2022Q2 | us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
400000 | usd |
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.490 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.409 |