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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 78,787 $ 89,002
Accounts receivable, net 8,022 6,809
Inventory, net 18,917 17,307
Other current assets 8,635 9,225
Total current assets 114,361 122,343
Property and equipment, net 2,191 1,218
Capitalized software, net 4,930 4,973
Goodwill 5,525  
Intangible assets, net 6,015  
Operating lease right-of-use assets 2,202 1,877
Deferred tax asset 24,884 24,884
Total assets 160,108 155,295
Current liabilities    
Accounts payable 4,196 4,155
Accrued expenses 9,729 8,497
Term loan, current 6,250 6,250
Deferred revenue, current 2,876 3,002
Earnout liabilities, current 600  
Operating lease liabilities, current 406 311
Total current liabilities 24,057 22,215
Term loan, net of current portion 105,270 106,630
Deferred revenue, net of current portion 1,426 1,322
Operating lease liabilities, net of current portion 1,917 1,680
TRA liability 18,894 18,894
Earnout liabilities, net of current portion 53,444 41,100
Total liabilities 205,008 191,841
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 March 31, 2024 and December 31, 2023
Additional paid-in capital 0 0
Accumulated deficit (31,303) (29,391)
Accumulated other comprehensive loss (14) (12)
Treasury stock, at cost (4,088)  
biote Corp.'s stockholders' deficit (35,399) (29,397)
Noncontrolling interest (9,501) (7,149)
Total stockholders' deficit (44,900) (36,546)
Total liabilities and stockholders' deficit 160,108 155,295
Class A Common Stock    
Stockholders' Deficit    
Common stock value 3 3
Class V Common Stock    
Stockholders' Deficit    
Common stock value $ 3 $ 3