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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 38,225 $ 89,002
Accounts receivable, net 8,493 6,809
Inventory, net 16,200 17,307
Other current assets 7,065 9,225
Total current assets 69,983 122,343
Property and equipment, net 5,813 1,218
Capitalized software, net 4,974 4,973
Goodwill 5,516  
Intangible assets, net 5,666  
Operating lease right-of-use assets 3,376 1,877
Deferred tax asset 5,924 24,884
Total assets 101,252 155,295
Current liabilities    
Accounts payable 4,374 4,155
Accrued expenses 8,185 8,497
Term loan, current 6,250 6,250
Deferred revenue, current 2,927 3,002
Earnout liabilities, current 100  
Operating lease liabilities, current 482 311
Share repurchase liabilities, current 24,192  
Total current liabilities 46,510 22,215
Term loan, net of current portion 102,548 106,630
Revolving loans 10,000  
Deferred revenue, net of current portion 1,603 1,322
Operating lease liabilities, net of current portion 3,026 1,680
Share repurchase liabilities net of current portion 43,610  
TRA liability 4,424 18,894
Earnout liabilities, net of current portion 16,355 41,100
Total liabilities 228,076 191,841
Commitments and contingencies (See Note 19)
Stockholders' Deficit    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued or outstanding as of September 30, 2024 and December 31, 2023
Additional paid-in capital 0 0
Accumulated deficit (124,717) (29,391)
Accumulated other comprehensive loss (29) (12)
Treasury stock, at cost (5,600)  
biote Corp.'s stockholders' deficit (130,342) (29,397)
Noncontrolling interest 3,518 (7,149)
Total stockholders' deficit (126,824) (36,546)
Total liabilities and stockholders' deficit 101,252 155,295
Class A Common Stock    
Stockholders' Deficit    
Common stock value 3 3
Class V Common Stock    
Stockholders' Deficit    
Common stock value $ 1 $ 3