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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current Assets    
Cash $ 51,100,915 $ 15,262,094
Accounts receivable, net 5,285,321 2,288,700
Related party receivables 366,590 225,693
Inventories, net 41,012,124 28,066,024
Prepaid expenses and other current assets 3,494,473 886,328
Total current assets 101,259,423 46,728,839
Restricted Cash 4,900,000 0
Property and equipment, net 27,030,400 23,189,730
Operating lease right-of-use asset, net 17,836,756 17,740,816
Finance lease right-of-use asset 883,076 767,237
Intangible assets, net 6,592,316 7,635,253
Goodwill 14,440,683 14,440,683
Investments 400,000 1,150,000
Equity-method investments 963,685 3,382,147
Other assets 993,538 454,429
Total assets 175,299,877 115,489,134
Current Liabilities    
Accounts payable 16,889,756 8,691,430
Accrued payroll 2,526,917 2,592,143
Other accrued expenses 1,144,573 1,232,133
Related party payable 1,634,775 809,080
Current portion of operating lease liability 2,633,236 2,603,930
Current portion of finance lease liability 413,487 269,212
Current portion of long-term debt 494,173 223,400
Total current liabilities 25,736,917 16,421,328
Long-term Liabilities    
Revolving line of credit   20,000,000
Operating lease liability, net of current portion 27,605,739 27,284,356
Finance lease liability, net of current portion 482,544 454,857
Long-term debt, net of current portion 1,083,634 469,471
Warrant liability 2,058,566 3,930,930
Other long-term liabilities   280,000
Total liabilities 56,967,400 68,840,942
Commitments and Contingencies (Notes 12 and 19)
Stockholders’ Equity (Deficit)    
Additional paid-in capital 250,163,984 52,451,862
Accumulated deficit (132,158,016) (132,964,365)
Total stockholders’ equity (deficit)—Thorne HealthTech, Inc. 118,531,510 (80,389,265)
Non-controlling interest (199,033) (6,447,074)
Total stockholders’ equity (deficit) 118,332,477 (86,836,339)
Total liabilities, convertible preferred stock and stockholders’ equity (deficit) 175,299,877 115,489,134
Series E Preferred Stock [Member]    
Long-term Liabilities    
Series E convertible preferred stock; par value $0.01, 0 and 27,011,500 authorized as of December 31, 2021 and December 31, 2020, respectively; 0 and 27,011,500 issued and outstanding as of December 31, 2021 and December 31, 2020, respectively; aggregate liquidation preference of $134,449,035 as of December 31, 2020 133,484,531
Common Class B [Member]    
Stockholders’ Equity (Deficit)    
Common Stock, value 0 0
Common Class Undefined [Member]    
Stockholders’ Equity (Deficit)    
Common Stock, value $ 525,542 $ 123,238