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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 145,737 $ 123,777
Restricted cash equivalents 6,345 7,131
Accounts receivable, net 1,778 228
Merchandise inventory, net 292,571 208,343
Prepaid and other current assets 35,867 28,517
Total current assets 482,298 367,996
Operating right-of-use assets 224,921 0
Financing right-of-use assets 39,062 0
Property, furniture and equipment, net 128,783 179,631
Deferred tax asset 20,948 27,684
Goodwill 10,961 10,961
Other noncurrent assets 235 278
Total assets 907,208 586,550
Current liabilities    
Accounts payable 58,455 51,429
Accrued taxes 12,706 7,302
Accrued wages 17,498 16,524
Accrued other expenses 33,756 61,047
Client deposits 261,801 264,929
Current portion of operating lease liabilities 39,248 0
Current portion of financing lease liabilities 522 0
Total current liabilities 423,986 401,231
Operating lease liabilities, long-term 263,753 0
Financing lease liabilities, long-term 51,908 0
Capital lease obligation 0 50,525
Deferred rent and lease incentives 2,353 63,037
Other long-term liabilities 4,413 1,992
Total liabilities 746,413 516,785
Commitments and contingencies (Note 9)
Stockholders' equity    
Accumulated Deficit (26,948) (116,581)
Additional Paid-in Capital 187,605 186,209
Total Arhaus, Inc. stockholders' equity 160,795 69,765
Total liabilities and stockholders' equity 907,208 586,550
Common, Class A    
Stockholders' equity    
Stock issued 51 50
Common, Class B    
Stockholders' equity    
Stock issued $ 87 $ 87