Company: GROVW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001841761-25-000048
Chunk: 278

Company: Grove Collaborative Holdings, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 278
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 Cost of goods sold20,412 22,678 60,526 70,519 Gross profit23,322 25,602 70,781 83,405 Less significant expenses:Fulfillment costs10,021 10,880 30,045 34,015 Advertising3,154 2,820 8,683 7,312 Product development and other selling, general and administrative expenses(1)11,348 10,690 37,039 39,624 Less other segment items:Interest income(94)(549)(375)(2,628)Other segment items(2)1,853 3,097 5,522 19,870 Consolidated net loss$(2,960)$(1,336)$(10,133)$(14,788)(1)Includes all product development and selling, general and administrative expenses, excluding fulfillment costs, stock-based compensation and depreciation and amortization.(2)Includes stock-based compensation, depreciation and amortization and all non-operating expenses, except interest income.

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

12.    Net Loss Per Share Attributable to Common Stockholders

The following potentially dilutive shares were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented, because including them would have been anti-dilutive (on an as-converted basis):Three Months EndedSeptember 30,Nine Months EndedSeptember 30,2025202420252024Redeemable convertible preferred stock12,500,097 12,500,097 12,500,097 12,500,097 Restricted stock units4,795,228 4,662,816 4,795,228 4,662,816 Public Warrants and Private Placement Warrants2,800,146 2,800,146 2,800,146 2,800,146 Earn-Out Shares2,602,412 2,602,412 2,602,412 2,602,412 Options1,618,369 1,710,340 1,618,369 1,710,340 Common Stock Warrants471,818 1,016,895 471,818 1,016,895 ESPP Shares103,855 97,419 103,855