Stryve Foods, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Significant Accounting Policies (Tables)

Significant Accounting Policies (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2022

Dec. 31, 2021

Accounting Policies [Abstract]

Summary of Customers and Vendor Concentrations

For the year ended December 31, 2021 and 2020, customers and vendor concentrations in excess of 10% of consolidated sales and purchases are as follows:

		For the Year
		Ended December, 31
		2021			2020
Customers:
	Customer A		12	%		27	%
	Customer B		11	%		13	%
	Customer C		10	%		-
Vendor:
	Vendor A		-			19	%

As of December 31, 2021 the following customers represented more than 10% of accounts receivable balances. No vendors represented more than 10% of the accounts payable balance:

		Accounts			Accounts
		Receivable			Payable
Customers:
	Customer A		19	%		-
	Customer B		15	%		-
Vendors:						-
	Vendor A		-			10	%

Summary of Net Sales Disaggregated by Channel

The following table shows the net sales of the Company disaggregated by channel for the three months ended March 31, 2022 and 2021:

		2022		2021
	For the Three Months
	ended March 31,
	2022		2021
e-Commerce	$	1,445,809	$	2,946,393
Wholesale		4,936,343		2,661,560
Private label		1,038,402		1,226,522
Ending balance	$	7,420,554	$	6,834,475
Net sales	$	7,420,554	$	6,834,475

The following table shows the net sales of the Company disaggregated by channel for the year ended December 31, 2021 and 2020 (in thousands):

	For the Year
	ended December 31,
(In thousands)	2021		2020
e-Commerce	$	10,874	$	6,284
Wholesale		13,654		6,151
Private label		5,554		4,567
Ending balance	$	30,082	$	17,002