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DIGITAL BRANDS GROUP, INC.: 10-Q filed 2024-08-19

What DIGITAL BRANDS GROUP, INC. reported in its quarterly report filed 2024-08-19 (fiscal Q2 2024): 43 published measures, 121 facts as tagged in accession 0001493152-24-033177.

This filing

Form
10-Q (quarterly report)
Filed
2024-08-19
Fiscal period
fiscal Q2 2024
Accession
0001493152-24-033177 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All DIGITAL BRANDS GROUP, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2024-06-3024,943,014USD
At 2023-12-3125,336,033USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2024-06-3022,214,674USD
At 2023-12-3123,733,441USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2024-06-302,728,340USD
At 2024-03-312,979,628USD
At 2023-12-311,602,592USD
At 2023-06-304,423,960USD
At 2023-03-31-7,863,021USD
At 2022-12-31-7,453,174USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2024-06-3092,794USD
At 2023-12-3120,773USD
At 2023-06-30335,470USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-3,510,480USD91
2024-01-01 to 2024-06-30-4,194,215USD182
2024-01-01 to 2024-03-31-683,735USD91
2023-04-01 to 2023-06-305,044,261USD91
2023-01-01 to 2023-06-30-1,092,088USD181
2023-01-01 to 2023-03-31-6,136,349USD90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2024-01-01 to 2024-06-30-2,751,652USD182
2023-01-01 to 2023-06-30-2,981,446USD181

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2024-04-01 to 2024-06-303,396,069USD91
2024-01-01 to 2024-06-306,972,656USD182
2023-04-01 to 2023-06-304,493,424USD91
2023-01-01 to 2023-06-308,869,803USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2024-01-01 to 2024-06-302,924,752USD182
2023-01-01 to 2023-06-301,999,969USD181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2024-01-01 to 2024-06-30-101,080USD182
2023-01-01 to 2023-06-3059,523USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2024-06-30-118,188,665USD
At 2023-12-31-113,994,449USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2024-04-01 to 2024-06-301,684,801shares91
2024-01-01 to 2024-06-301,703,645shares182
2023-04-01 to 2023-06-306,170,227shares91
2023-01-01 to 2023-06-305,920,596shares181

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2024-04-01 to 2024-06-301,684,801shares91
2024-01-01 to 2024-06-301,703,645shares182
2023-04-01 to 2023-06-3020,865,111shares91
2023-01-01 to 2023-06-3020,615,480shares181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-2.08USD/shares91
2024-01-01 to 2024-06-30-2.46USD/shares182
2023-04-01 to 2023-06-301.06USD/shares91
2023-01-01 to 2023-06-300.08USD/shares181

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-2.08USD/shares91
2024-01-01 to 2024-06-30-2.46USD/shares182
2023-04-01 to 2023-06-300.31USD/shares91
2023-01-01 to 2023-06-300.02USD/shares181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2024-06-3079,309USD
At 2023-12-3155,509USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2024-01-01 to 2024-06-30168,200USD182
2023-01-01 to 2023-06-30207,094USD181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-2,302,235USD91
2024-01-01 to 2024-06-30-2,526,880USD182
2023-04-01 to 2023-06-307,620,959USD91
2023-01-01 to 2023-06-304,098,651USD181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2024-06-306,560,615USD
At 2023-12-315,559,687USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2024-06-3021,420,208USD
At 2023-12-3123,215,407USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2024-06-306,119,604USD
At 2023-12-317,538,902USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2024-06-308,973,501USD
At 2023-12-318,973,501USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2024-06-302,701,243USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2024-04-01 to 2024-06-303,860,912USD91
2024-01-01 to 2024-06-305,806,293USD182
2023-04-01 to 2023-06-30-5,284,884USD91
2023-01-01 to 2023-06-30230,664USD181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2024-06-305,061,446USD
At 2023-12-314,849,600USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2024-04-01 to 2024-06-301,558,677USD91
2024-01-01 to 2024-06-303,279,413USD182
2023-04-01 to 2023-06-302,336,075USD91
2023-01-01 to 2023-06-304,329,315USD181

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2024-04-01 to 2024-06-301,837,392USD91
2024-01-01 to 2024-06-303,693,243USD182
2023-04-01 to 2023-06-302,157,349USD91
2023-01-01 to 2023-06-304,540,488USD181

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2024-04-01 to 2024-06-302,946,688USD91
2024-01-01 to 2024-06-303,918,420USD182
2023-04-01 to 2023-06-304,074,051USD91
2023-01-01 to 2023-06-308,380,063USD181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2024-06-302,282,332shares
At 2023-12-311,114,359shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2024-06-30120,916,777USD
At 2023-12-31115,596,929USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2024-06-30633,755USD
At 2023-12-31689,688USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2024-06-301,307,693USD
At 2023-12-311,210,814USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2024-06-308,543,123USD
At 2023-12-319,982,217USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

PeriodValueUnitDays
At 2024-06-30368,034USD
At 2023-12-31368,034USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2024-01-01 to 2024-06-30-4,194,216USD182
2023-01-01 to 2023-06-30-1,092,088USD181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2024-01-01 to 2024-06-301,439,094USD182
2023-01-01 to 2023-06-301,765,619USD181

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2024-04-01 to 2024-06-30719,547USD91
2024-01-01 to 2024-06-301,439,094USD182
2023-04-01 to 2023-06-30804,924USD91
2023-01-01 to 2023-06-301,759,277USD181

Nonoperating interest expense

Interest expense presented outside operating results. It differs from total interest expense when some borrowing cost is classified as operating or capitalized.

PeriodValueUnitDays
2024-04-01 to 2024-06-301,239,624USD91
2024-01-01 to 2024-06-301,744,615USD182
2023-04-01 to 2023-06-301,086,888USD91
2023-01-01 to 2023-06-302,951,487USD181

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2024-04-01 to 2024-06-3031,379USD91
2024-01-01 to 2024-06-3077,280USD182
2023-04-01 to 2023-06-302,240USD91
2023-01-01 to 2023-06-30-676,749USD181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-1,208,245USD91
2024-01-01 to 2024-06-30-1,667,335USD182
2023-04-01 to 2023-06-30-1,084,648USD91
2023-01-01 to 2023-06-30-3,628,236USD181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2024-01-01 to 2024-06-302,039USD182
2023-01-01 to 2023-06-30686,071USD181

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2024-01-01 to 2024-06-304,613,681USD182

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2024-01-01 to 2024-06-30210,819USD182
2023-01-01 to 2023-06-30-375,685USD181

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2024-01-01 to 2024-06-30211,846USD182
2023-01-01 to 2023-06-30-454,011USD181

Inspect the source

Entity
DIGITAL BRANDS GROUP, INC. / CIK 0001668010
Captured
2026-09-21T17:24:15.431Z
SEC response SHA-256
06e2c7f398e0ba2da402c55ac42cc02f092da418aa460b63e484944fe40e61af

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001668010.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))