Company: GROVW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001841761-25-000048
Chunk: 121

Company: Grove Collaborative Holdings, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 121
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1,102)(27,956)Net decrease in cash, cash equivalents and restricted cash(11,995)(39,274)Cash, cash equivalents and restricted cash at beginning of period24,304 94,863 Cash, cash equivalents and restricted cash at end of period $12,309 $55,589 

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 Grove Collaborative Holdings, Inc.

Condensed Consolidated Statements of Cash Flows - Continued

(Unaudited)

(In thousands)

Nine Months Ended September 30,20252024Supplemental DisclosureCash paid for taxes$32 $45 Cash paid for interest$436 $9,160 Supplemental Disclosure of Non-Cash Investing and Financing ActivitiesPurchase of property and equipment in accounts payable and accrued liabilities$— $290 Debt issuance costs in accounts payable and accrued liabilities$13 $119 Costs of debt extinguishment in accrued liabilities$77 $— Financing agreement entered into for prepaid insurance$588 $— Lease liabilities arising from obtaining operating lease right-of-use assets$— $6,506 Preferred Stock issuance costs, common stock issuance costs and costs to settle Additional Shares Liability in accounts payable and accrued liabilities$25 $458 Cancellation of Volition Warrant$— $300 

Reconciliation of cash, cash equivalents, and restricted cash:Nine Months Ended September 30,20252024Cash and cash equivalents $8,907 $50,762 Restricted cash, current2,400 3,825 Restricted cash, noncurrent1,002 1,002 Total cash, cash equivalents and restricted cash$12,309 $55,589 

The accompanying notes are an integral part of these condensed consolidated financial statements.

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Table of ContentsGrove Collaborative Holdings, Inc.Notes to Condensed Consolidated Financial Statements(Unaudited)

1.    Description of Business

Grove Collaborative Holdings, Inc., a public benefit corporation, and its wholly owned subsidiaries (collectively, the “Company” or “Grove”) is a digital-first, sustainability-oriented consumer products innovator specializing in the development and sale of household, personal care, beauty and other consumer products with an environmental focus and headquartered in San Francisco, California. The Company does not have any operations outside the United States. The Company sells its products primarily through a direct-to-consumer (“DTC”) platform at www.grove.co and the Company’s mobile applications, where the Company sells products from