Stryve Foods, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Significant Accounting Policies (Tables)

Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2021

Summary of Customer and Vendor Concentrations

For the three and nine months ended September 30, 2021 and 2020, customer and vendor concentrations in excess of 10% consolidated sales and purchases are as follows:


		For the Three Months			For the Nine Months
		Ended September, 30			Ended September, 30
		2021	2020	2021		2020
Customer:
	Customer A	11%	23%	12%		29%
	Customer B	-	13%	10%		14%
Vendor:
	Vendor A	N/A	N/A	N/A		23%

As of September 30, 2021 the following customers and vendors represented more than 10% of accounts receivable and accounts payable balances:


		Accounts	Accounts
		Receivable	Payable
Customer:
	Customer A	15%
	Customer B	13%
	Customer C	11%
	Customer D	11%
Vendor:
	Vendor A		15%

Summary of Net Sales Disaggregated by Channel

The following table shows the net sales of the Company disaggregated by channel for the three and nine months ended September 30, 2021 and 2020 (in thousands):


	For the Three Months				For the Nine Months
	ended September 30,				ended September 30,
(In thousands)	2021		2020		2021		2020
e-Commerce	$	2,791	$	1,860	$	8,593	$	4,315
Wholesale		5,355		1,795		9,935		5,103
Private label		916		773		4,720		3,595
Ending balance	$	9,062	$	4,428	$	23,248	$	13,013