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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 89,002 $ 79,231
Accounts receivable, net 6,809 6,948
Inventory, net 17,307 11,183
Other current assets 9,225 3,816
Total current assets 122,343 101,178
Property and equipment, net 1,218 1,504
Capitalized software, net 4,973 5,073
Operating lease right-of-use assets 1,877 2,052
Deferred tax asset 24,884 1,838
Total assets 155,295 111,645
Current liabilities    
Accounts payable 4,155 4,112
Accrued expenses 8,497 6,274
Term loan, current 6,250 6,250
Deferred revenue, current 3,002 1,965
Operating lease liabilities, current 311 165
Total current liabilities 22,215 18,766
Term loan, net of current portion 106,630 112,086
Deferred revenue, net of current portion 1,322 926
Operating lease liabilities, net of current portion 1,680 1,927
TRA liability 18,894  
Warrant liability   4,104
Earnout liability 41,100 32,110
Total liabilities 191,841 169,919
Commitments and contingencies (See Note 18)
Stockholders' Deficit    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued or outstanding as of December 31, 2023 and December 31, 2022
Additional paid-in capital 0 0
Accumulated deficit (29,391) (44,460)
Accumulated other comprehensive loss (12) (5)
biote Corp.'s stockholders' deficit (29,397) (44,459)
Noncontrolling interest (7,149) (13,815)
Total stockholders' deficit (36,546) (58,274)
Total liabilities and stockholders' deficit 155,295 111,645
Class A Common Stock    
Stockholders' Deficit    
Common stock value 3 1
Class V Common Stock    
Stockholders' Deficit    
Common stock value $ 3 $ 5