$FIGS
FIGS, Inc. Stock $figs

$figs Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000162828023027265 Filed on August 03, 2023

Income Statement

Concept	2023 Q2	2022 Q4
Revenue	$138.1M	$144.9M
YoY Change	12.99%	12.59%
Cost Of Revenue	$42.10M	$46.05M
YoY Change	17.27%	19.0%
Gross Profit	$96.03M	$98.85M
YoY Change	11.22%	9.83%
Gross Profit Margin	69.52%	68.22%
Selling, General & Admin	$89.47M	$95.59M
YoY Change	16.35%	29.93%
% of Gross Profit	93.16%	96.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$713.0K	$637.0K
YoY Change	78.25%	58.06%
% of Gross Profit	0.74%	0.64%
Operating Expenses	$89.47M	$95.59M
YoY Change	16.35%	29.93%
Operating Profit	$6.566M	$3.260M
YoY Change	-30.53%	-80.16%
Interest Expense	$1.521M	$1.025M
YoY Change	2072.86%	-1726.98%
% of Operating Profit	23.16%	31.44%
Other Income/Expense, Net	-$4.000K	-$647.0K
YoY Change		978.33%
Pretax Income	$8.083M	$3.638M
YoY Change	-15.1%	-77.7%
Income Tax	$3.501M	$247.0K
% Of Pretax Income	43.31%	6.79%
Net Earnings	$4.582M	$3.391M
YoY Change	-5.56%	-73.08%
Net Earnings / Revenue	3.32%	2.34%
Basic Earnings Per Share	$0.03
Diluted Earnings Per Share	$0.02	$0.02
COMMON SHARES
Basic Shares Outstanding	167.4M shares
Diluted Shares Outstanding	183.3M shares

Balance Sheet

Concept	2023 Q2	2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$185.3M	$159.8M
YoY Change	8.87%	-18.22%
Cash & Equivalents	$146.7M	$159.8M
Short-Term Investments	$38.60M	$0.00
Other Short-Term Assets	$9.849M	$11.88M
YoY Change	-20.12%	25.67%
Inventory	$167.8M	$178.0M
Prepaid Expenses	$6.781M	$6.588M
Receivables	$6.269M	$6.288M
Other Receivables	$0.00	$578.0K
Total Short-Term Assets	$369.2M	$356.5M
YoY Change	16.89%	21.53%
LONG-TERM ASSETS
Property, Plant & Equipment	$28.55M	$11.02M
YoY Change	224.13%	44.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$13.21M	$1.257M
YoY Change	656.33%	124.46%
Total Long-Term Assets	$41.77M	$38.56M
YoY Change	10.66%	109.45%
TOTAL ASSETS
Total Short-Term Assets	$369.2M	$356.5M
Total Long-Term Assets	$41.77M	$38.56M
Total Assets	$411.0M	$395.1M
YoY Change	16.22%	26.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$11.93M	$20.91M
YoY Change	12.49%	43.15%
Accrued Expenses	$29.13M	$26.16M
YoY Change	4.63%	6.03%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$56.83M	$71.39M
YoY Change	-2.07%	14.42%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$17.26M	$176.0K
YoY Change	7928.84%	-27.57%
Total Long-Term Liabilities	$17.26M	$176.0K
YoY Change	7928.84%	-27.57%
TOTAL LIABILITIES
Total Short-Term Liabilities	$56.83M	$71.39M
Total Long-Term Liabilities	$17.26M	$176.0K
Total Liabilities	$74.09M	$87.33M
YoY Change	-1.88%	31.95%
SHAREHOLDERS EQUITY
Retained Earnings	$45.61M	$39.12M
YoY Change	43.96%	118.15%
Common Stock	$291.3M	$268.6M
YoY Change	18.21%	18.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$336.9M	$307.7M
YoY Change
Total Liabilities & Shareholders Equity	$411.0M	$395.1M
YoY Change	16.22%	26.72%

Cashflow Statement

Concept	2023 Q2	2022 Q4
OPERATING ACTIVITIES
Net Income	$4.582M	$3.391M
YoY Change	-5.56%	-73.08%
Depreciation, Depletion And Amortization	$713.0K	$637.0K
YoY Change	78.25%	58.06%
Cash From Operating Activities	$29.40M	$4.552M
YoY Change	-258.77%	-67.33%
INVESTING ACTIVITIES
Capital Expenditures	$841.0K	$1.092M
YoY Change	-161.7%	-255.11%
Acquisitions
YoY Change
Other Investing Activities	-$38.34M	$0.00
YoY Change	7568.6%
Cash From Investing Activities	-$39.18M	-$1.092M
YoY Change	2003.27%	55.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$636.0K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	636.0K	733.0K
YoY Change	-47.0%	196.76%
NET CHANGE
Cash From Operating Activities	29.40M	4.552M
Cash From Investing Activities	-39.18M	-1.092M
Cash From Financing Activities	636.0K	733.0K
Net Change In Cash	-9.147M	4.193M
YoY Change	-52.31%	-68.89%
FREE CASH FLOW
Cash From Operating Activities	$29.40M	$4.552M
Capital Expenditures	$841.0K	$1.092M
Free Cash Flow	$28.56M	$3.460M
YoY Change	-266.48%	-76.36%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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
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	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	1364000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	22309000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	17254000	usd
	us-gaap	Payments For Other Operating Activities PaymentsForOtherOperatingActivities	260000	usd
	us-gaap	Payments For Other Operating Activities PaymentsForOtherOperatingActivities	0	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-597000	usd
	us-gaap	Increase Decrease In Due From Related Parties IncreaseDecreaseInDueFromRelatedParties	0	usd
	us-gaap	Increase Decrease In Due From Related Parties IncreaseDecreaseInDueFromRelatedParties	631000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-2034000	usd
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	1000	usd
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	687000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-9100000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-4081000	usd
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-8181000	usd
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	2970000	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	951000	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-2994000	usd
	figs	Increase Decrease In Sales Tax Payable IncreaseDecreaseInSalesTaxPayable	-421000	usd
	figs	Increase Decrease In Sales Tax Payable IncreaseDecreaseInSalesTaxPayable	58000	usd
	figs	Increase Decrease In Gifts Cards Liability IncreaseDecreaseInGiftsCardsLiability	508000	usd
	figs	Increase Decrease In Gifts Cards Liability IncreaseDecreaseInGiftsCardsLiability	319000	usd
	figs	Increase Decrease In Returns Reserve IncreaseDecreaseInReturnsReserve	-144000	usd
	figs	Increase Decrease In Returns Reserve IncreaseDecreaseInReturnsReserve	-387000	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-1466000	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-964000	usd
	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	0	usd
	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-28000	usd
	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	38343000	usd
	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	0	usd
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	0	usd
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	500000	usd
	us-gaap	Proceeds From Contributed Capital ProceedsFromContributedCapital	0	usd
	us-gaap	Proceeds From Contributed Capital ProceedsFromContributedCapital	479000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	391000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1552000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-13045000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-27210000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	146730000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	170220000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	153000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	309000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	3206000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	4670000	usd
	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. 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.</span></div>
	figs	Contract With Customer Product Return Refund Period ContractWithCustomerProductReturnRefundPeriod	P30D
CY2023Q2	us-gaap	Customer Refund Liability Current CustomerRefundLiabilityCurrent	3300000	usd
CY2022Q4	us-gaap	Customer Refund Liability Current CustomerRefundLiabilityCurrent	3500000	usd
	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	2700000	usd
	figs	Deferred Revenue Redemptions DeferredRevenueRedemptions	2000000.0	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	258364000	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	258364000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	232348000	usd
CY2023Q2	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	135572000	usd
CY2023Q2	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	7000	usd
CY2023Q2	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	15000	usd
CY2023Q2	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	135564000	usd
CY2022Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	102908000	usd
CY2022Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	0	usd
CY2022Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	0	usd
CY2022Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	102908000	usd
CY2023Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	5621000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	6288000	usd
CY2023Q2	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	648000	usd
CY2022Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	578000	usd
CY2023Q2	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	6269000	usd
CY2022Q4	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	6866000	usd
CY2023Q2	figs	Prepaid Inventory Deposits Current PrepaidInventoryDepositsCurrent	1923000	usd
CY2022Q4	figs	Prepaid Inventory Deposits Current PrepaidInventoryDepositsCurrent	2086000	usd
CY2023Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	6781000	usd
CY2022Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	6588000	usd
CY2023Q2	us-gaap	Prepaid Taxes PrepaidTaxes	38000	usd
CY2022Q4	us-gaap	Prepaid Taxes PrepaidTaxes	2186000	usd
CY2023Q2	figs	Other Prepaid Expenses And Current Assets OtherPrepaidExpensesAndCurrentAssets	1107000	usd
CY2022Q4	figs	Other Prepaid Expenses And Current Assets OtherPrepaidExpensesAndCurrentAssets	1023000	usd
CY2023Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	9849000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	11883000	usd
CY2023Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	17558000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	15811000	usd
CY2023Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	6159000	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	4787000	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	11399000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	11024000	usd
CY2023Q2	us-gaap	Depreciation Depreciation	700000	usd
	us-gaap	Depreciation Depreciation	1400000	usd
CY2022Q2	us-gaap	Depreciation Depreciation	400000	usd
	us-gaap	Depreciation Depreciation	800000	usd
CY2023Q2	figs	Accrued Inventory AccruedInventory	5014000	usd
CY2022Q4	figs	Accrued Inventory AccruedInventory	8906000	usd
CY2023Q2	figs	Accrued Shipping AccruedShipping	1230000	usd
CY2022Q4	figs	Accrued Shipping AccruedShipping	2149000	usd
CY2023Q2	figs	Accrued Selling Expenses AccruedSellingExpenses	6252000	usd
CY2022Q4	figs	Accrued Selling Expenses AccruedSellingExpenses	10648000	usd
CY2023Q2	figs	Accrued Legal Expenses AccruedLegalExpenses	553000	usd
CY2022Q4	figs	Accrued Legal Expenses AccruedLegalExpenses	395000	usd
CY2023Q2	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	2619000	usd
CY2022Q4	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	1747000	usd
CY2023Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	2322000	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	2319000	usd
CY2023Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	17990000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	26164000	usd
CY2022Q4	figs	Estimate Of Contingent Sales Tax Payable EstimateOfContingentSalesTaxPayable	1600000	usd
CY2023Q2	figs	Estimate Of Contingent Sales Tax Payable EstimateOfContingentSalesTaxPayable	1600000	usd
CY2023Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Balance Sheet Amount UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount	33100000	usd
CY2023Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	47800000	usd
CY2023Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.433
CY2022Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.490
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3500000	usd
CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4700000	usd
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.479
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.409
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	6000000.0	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	9500000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	4582000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	4852000	usd
	us-gaap	Net Income Loss NetIncomeLoss	6491000	usd
	us-gaap	Net Income Loss NetIncomeLoss	13751000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	167423656	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	164919979	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	167100292	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	164664480	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	183332560	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	188903553	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	183094950	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	191142834	shares
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.03
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.03
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.04
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.08
CY2023Q2	figs	Effect Of Dilutive Stock Options And Restrictive Stock Units Per Share EffectOfDilutiveStockOptionsAndRestrictiveStockUnitsPerShare	-0.01
CY2022Q2	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
	figs	Effect Of Dilutive Stock Options And Restrictive Stock Units Per Share EffectOfDilutiveStockOptionsAndRestrictiveStockUnitsPerShare	-0.01
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.02
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.03
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.04
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.07
CY2022Q2	us-gaap	Increase Decrease In Due From Related Parties IncreaseDecreaseInDueFromRelatedParties	-400000	usd
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.479

Files In Submission

Name	View Source	Status
0001628280-23-027265-index-headers.html	Edgar Link	pending
0001628280-23-027265-index.html	Edgar Link	pending
0001628280-23-027265.txt	Edgar Link	pending
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figs-20230630.htm	Edgar Link	pending
figs-20230630.xsd	Edgar Link	pending
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figs-20230630ex312.htm	Edgar Link	pending
figs-20230630ex321.htm	Edgar Link	pending
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Financial_Report.xlsx	Edgar Link	pending
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$FIGS
FIGS, Inc. Stock $figs

2023 Q2 Form 10-Q Financial Statement

#000162828023027265 Filed on August 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FIGS FIGS, Inc. Stock $figs

2023 Q2 Form 10-Q Financial Statement

#000162828023027265 Filed on August 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FIGS
FIGS, Inc. Stock $figs