TLCC · As filed with the SEC

Twinlab Consolidated Holdings balance sheet, by fiscal year

The statement as Twinlab Consolidated Holdings presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Consolidated Balance Sheets · USD thousands

USD thousands	FY2024 Dec 31, 2024	FY2022 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020
ASSETS
Current assets:
Cash	69	19	868	3,631	424
Accounts receivable, net	2,026	2,072	4,105	6,881	8,425
Inventories, net	2,450	3,402	9,407	5,814	6,301
Prepaid expenses and other current assets	91	194	758	1,045	2,195
Current assets of discontinued operations	—	0	—	—	—
Total current assets	4,636	5,687	15,138	17,371	17,345
Property and equipment, net	3	9	188	140	65
Right-of-use assets	0	1,889	4,165	5,480	4,710
Intangible assets, net	120	120	120	576	3,253
Goodwill	—	—	—	0	8,818
Other assets	1,264	1,290	1,301	1,301	760
Non-current assets of discontinued operations	—	0	—	—	—
Total assets	6,023	8,995	20,912	24,868	34,951
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current liabilities:
Accounts payable	2,146	6,803	6,621	6,047	4,712
Lease liabilities	2,885	1,426	1,159	1,039	742
Accrued expenses and other current liabilities	2,024	4,106	3,708	5,422	9,372
Accrued interest	46,466	39,851	33,316	26,844	20,359
Notes payable and current portion of long-term debt, net	93,908	93,637	97,381	97,408	96,847
Current liabilities of discontinued operations	7,077	0	—	—	—
Total current liabilities	154,506	145,823	142,185	136,760	132,032
Long-term liabilities:
Lease liabilities	42	2,197	4,038	5,197	4,592
Notes payable and long-term debt, net of current	—	—	—	0	476
Long-term liabilities of discontinued operations	—	0	—	—	—
Total long-term liabilities	42	2,197	—	5,197	5,068
Total liabilities	154,548	148,020	146,223	141,957	137,100
Stockholders’ deficit:
Preferred stock, $0.001 par value, 500,000,000 shares authorized, no shares issued and outstanding	0	0	0	0	0
Common stock, $0.001 par value, 5,000,000,000 shares authorized, 393,898,884 and 393,898,884 shares issued, respectively	394	394	394	394	393
Additional paid-in capital	231,249	231,249	231,249	231,249	231,250
Stock subscriptions receivable	(30)	(30)	(30)	(30)	(30)
Treasury stock, - shares at cost	(500)	(500)	(500)	(500)	(500)
Accumulated deficit	(379,637)	(370,138)	(356,424)	(348,202)	(333,262)
Total stockholders’ deficit	(148,524)	(139,025)	(125,311)	(117,089)	(102,149)
Total liabilities and stockholders' deficit	6,024	8,995	20,912	24,868	34,951

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.