Stryve Foods, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Significant Accounting Policies (Tables)

v3.24.1

Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of Allowance for Credit Losses

As of December 31, the allowance for credit losses consisted of the following:



	2023		2022
Beginning balance	$	117,360	$	1,236,497
Provisions		1,520,679		717,144
Write-offs		-		(1,836,281	)
Ending balance	$	1,638,039	$	117,360

Summary of Customers and Vendors Concentrations

For the years ended December 31, the following customers represented more than 10% of consolidated sales. No vendors represented more than 10% of purchases.



	2023	2022
Customer A	21%	12%
Customer B	13%	—
Customer C	11%	—
Customer D	10%	—
Customer E	—	30%

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



	2023	2022
Customer A	17%	10%
Customer C	—	10%
Customer D	20%
Customer F	—	27%

Schedule of Antidilutive Securities Excluded from Calculation of Earnings Per Share

As of December 31, 2023 and 2022, the Company excluded the common stock equivalents summarized below, which entitle the holders thereof to ultimately acquire shares of common stock, from its calculation of earnings per share, as their effect would have been anti-dilutive.


	December 31,
	2023		2022

Private Warrants		197,500		197,500
Public Warrants		10,800,000		10,800,000
Warrants - January 2022 Offering		10,294,118		10,294,118
Warrants - April 2023 Financing		7,964,550		—
Restricted Stock Awards - unvested		57,780		26,700
		29,313,948		21,318,318

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