Zevia PBC (ZVIA) 10-Q 13 Aug 21 2021 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2021	Aug. 11, 2021
Document Information [Line Items]
Document Type	10-Q
Entity Registrant Name	Zevia PBC
Amendment Flag	false
Entity Central Index Key	0001854139
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Incorporation, State or Country Code	DE
Entity File Number	001-40630
Entity Tax Identification Number	86-2862492
Entity Address, Address Line One	15821 Ventura Blvd.
Entity Address, Address Line Two	Suite 145
Entity Address, City or Town	Encino
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	91436
City Area Code	855
Local Phone Number	469-3842
Title of 12(b) Security	Class A common stock, par value $0.001 per share
Trading Symbol	ZVIA
Security Exchange Name	NYSE
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Small Business	true
Entity Shell Company	false
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		34,416,450
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		30,113,152

Condensed Balance Sheets

Condensed Balance Sheets - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Current assets:
Cash	$ 6,380,000	$ 14,936,000
Accounts receivable, net	9,417,000	6,944,000
Inventories, net	22,544,000	20,800,000
Prepaid expenses and other current assets	5,979,000	1,492,000
Total current assets	44,320,000	44,172,000
Property and equipment, net	2,653,000	991,000
Right-of-use assets under operating leases, net	498,000	773,000
Intangible assets, net	3,838,000	3,939,000
Other non-current assets	82,000	81,000
Total assets	51,391,000	49,956,000
Current liabilities:
Accounts payable	10,806,000	7,770,000
Accrued expenses	3,689,000	3,429,000
Operating lease liabilities	548,000	623,000
Other current liabilities	3,781,000	2,251,000
Total current liabilities	18,824,000	14,073,000
Operating lease liabilities, net of current portion	10,000	238,000
Total liabilities	18,834,000	14,311,000
Commitments and contingencies (Note 9)
Redeemable convertible preferred units:
No par values. Authorized units of 34,410,379 and 34,410,379; 26,322,803 and 26,322,803 units issued and outstanding as of June 30, 2021 and December 31, 2020, respectively; and aggregate liquidation preference, $329,753 and $329,753 as of June 30, 2021 and December 31, 2020, respectively.	232,457,000
Members' deficit:
Common units: No par value. Authorized units of 7,274,742 and 7,274,742; 2,476,386 and 2,438,812 units issued and outstanding as of June 30, 2021 and December 31, 2020, respectively.	976,000	966,000
Additional paid-in capital	73,000
Accumulated deficit	(200,949,000)	(197,778,000)
Total members' deficit	(199,900,000)	(196,812,000)
Total liabilities, redeemable convertible preferred units and members' deficit	51,391,000	49,956,000
ZEVIA PBC [Member]
Current assets:
Other receivables	1
Total assets	1
Members' deficit:
Common stock, $0.001 par value—1,000 shares authorized, issued and outstanding	1
Total members' deficit	1
Redeemable Convertible Preferred Units [Member]
Redeemable convertible preferred units:
No par values. Authorized units of 34,410,379 and 34,410,379; 26,322,803 and 26,322,803 units issued and outstanding as of June 30, 2021 and December 31, 2020, respectively; and aggregate liquidation preference, $329,753 and $329,753 as of June 30, 2021 and December 31, 2020, respectively.	$ 232,457,000	$ 232,457,000

Condensed Balance Sheets (Paren

Condensed Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2021	Mar. 23, 2021	Dec. 31, 2020
Common units, Par value	$ 0		$ 0
Common Unit, Authorized	7,274,742		7,274,742
Common units, Units issued	2,476,386		2,438,812
Common units, Units outstanding	2,476,386		2,438,812
ZEVIA PBC [Member]
Common stock par value	$ 0.001	$ 0.001
Common stock shares authorized	1,000	1,000
Common stock shares issued	1,000
Common stock shares outstanding	1,000
Redeemable Convertible Preferred Units [Member]
Temporary equity, Par value	$ 0		$ 0
Temporary equity, Shares authorized	34,410,379		34,410,379
Temporary equity, Shares issued	26,322,803		26,322,803
Temporary equity, Shares outstanding	26,322,803		26,322,803
Temporary equity, Liquidation preference	$ 329,753		$ 329,753

Condensed Statements of Operati

Condensed Statements of Operations and Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Statement of Comprehensive Income [Abstract]
Net sales	$ 34,352	$ 27,677	$ 65,046	$ 50,167
Cost of goods sold	18,112	13,842	34,618	27,300
Gross profit	16,240	13,835	30,428	22,867
Operating expenses:
Selling and marketing expenses	10,703	5,717	18,691	12,638
General and administrative expenses	6,014	4,643	11,727	8,976
Depreciation and amortization	230	250	474	473
Total operating expenses	16,947	10,610	30,892	22,087
Income (loss) from operations	(707)	3,225	(464)	780
Other expense, net	(42)	(118)	(38)	(267)
Net income (loss) and comprehensive income (loss)	(749)	3,107	(502)	513
Net income (loss) attributable to common unit holders	$ (749)	$ 460	$ (502)	$ 79
Net income (loss) per unit attributable to common unit holders, basic	$ (0.30)	$ 0.10	$ (0.20)	$ 0.02
Net income (loss) per unit attributable to common unit holders, diluted	$ (0.30)	$ 0.10	$ (0.20)	$ 0.02
Weighted average common units outstanding, basic	2,476,386	4,549,828	2,469,518	4,549,828
Weighted average common units outstanding, diluted	2,476,386	30,747,747	2,469,518	29,607,836

Condensed Statements of Changes

Condensed Statements of Changes in Redeemable Convertible Preferred Units and Members' Deficit - USD ($) $ in Thousands	Total	Redeemable Convertible Preferred Units [Member]	Common Unit [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]
Beginning Balance at Dec. 31, 2019		$ 58,037
Beginning Balance (in shares) at Dec. 31, 2019		22,558,386
Beginning Balance at Dec. 31, 2019	$ (39,969)		$ 1,810	$ 1,312	$ (43,091)
Beginning Balance (in shares) at Dec. 31, 2019			4,529,061
Exercise of common units	5		$ 5
Exercise of common units (in shares)			20,020
Unit based compensation expense	29			29
Net income (loss)	(2,594)				(2,594)
Ending Balance at Mar. 31, 2020	(42,529)		$ 1,815	1,341	(45,685)
Ending Balance (in shares) at Mar. 31, 2020			4,549,081
Ending Balance at Mar. 31, 2020		$ 58,037
Ending Balance (in shares) at Mar. 31, 2020		22,558,386
Beginning Balance at Dec. 31, 2019		$ 58,037
Beginning Balance (in shares) at Dec. 31, 2019		22,558,386
Beginning Balance at Dec. 31, 2019	(39,969)		$ 1,810	1,312	(43,091)
Beginning Balance (in shares) at Dec. 31, 2019			4,529,061
Net income (loss)	513
Ending Balance at Jun. 30, 2020	(39,392)		$ 1,815	1,370	(42,578)
Ending Balance (in shares) at Jun. 30, 2020			4,550,080
Ending Balance at Jun. 30, 2020		$ 58,037
Ending Balance (in shares) at Jun. 30, 2020		22,558,386
Beginning Balance at Mar. 31, 2020		$ 58,037
Beginning Balance (in shares) at Mar. 31, 2020		22,558,386
Beginning Balance at Mar. 31, 2020	(42,529)		$ 1,815	1,341	(45,685)
Beginning Balance (in shares) at Mar. 31, 2020			4,549,081
Exercise of common units (in shares)			999
Unit based compensation expense	29			29
Net income (loss)	3,107				3,107
Ending Balance at Jun. 30, 2020	(39,392)		$ 1,815	1,370	(42,578)
Ending Balance (in shares) at Jun. 30, 2020			4,550,080
Ending Balance at Jun. 30, 2020		$ 58,037
Ending Balance (in shares) at Jun. 30, 2020		22,558,386
Beginning Balance at Dec. 31, 2020		$ 232,457
Beginning Balance (in shares) at Dec. 31, 2020		26,322,803
Beginning Balance at Dec. 31, 2020	(196,812)		$ 966		(197,778)
Beginning Balance (in shares) at Dec. 31, 2020			2,438,812
Exercise of common units	10		$ 10
Exercise of common units (in shares)			37,574
Unit based compensation expense	37			37
Net income (loss)	247				247
Ending Balance at Mar. 31, 2021	(196,518)		$ 976	37	(197,531)
Ending Balance (in shares) at Mar. 31, 2021			2,476,386
Ending Balance at Mar. 31, 2021		$ 232,457
Ending Balance (in shares) at Mar. 31, 2021		26,322,803
Beginning Balance at Dec. 31, 2020		$ 232,457
Beginning Balance (in shares) at Dec. 31, 2020		26,322,803
Beginning Balance at Dec. 31, 2020	(196,812)		$ 966		(197,778)
Beginning Balance (in shares) at Dec. 31, 2020			2,438,812
Net income (loss)	(502)
Ending Balance at Jun. 30, 2021	(199,900)		$ 976	73	(200,949)
Ending Balance (in shares) at Jun. 30, 2021			2,476,386
Ending Balance at Jun. 30, 2021	232,457	$ 232,457
Ending Balance (in shares) at Jun. 30, 2021		26,322,803
Beginning Balance at Mar. 31, 2021		$ 232,457
Beginning Balance (in shares) at Mar. 31, 2021		26,322,803
Beginning Balance at Mar. 31, 2021	(196,518)		$ 976	37	(197,531)
Beginning Balance (in shares) at Mar. 31, 2021			2,476,386
Unit based compensation expense	36			36
Distributions to unitholders for tax payments	(2,669)				(2,669)
Net income (loss)	(749)				(749)
Ending Balance at Jun. 30, 2021	(199,900)		$ 976	$ 73	$ (200,949)
Ending Balance (in shares) at Jun. 30, 2021			2,476,386
Ending Balance at Jun. 30, 2021	$ 232,457	$ 232,457
Ending Balance (in shares) at Jun. 30, 2021		26,322,803

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2021	Jun. 30, 2020
Operating activities:
Net income (loss)		$ (502)	$ 513
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Non-cash lease expense		275	242
Depreciation and amortization		474	448
Loss on sale of equipment		8
Amortization of debt issuance cost		17	25
Unit-based compensation expense		73	58
Changes in operating assets and liabilities:
Accounts receivable, net		(2,473)	(2,625)
Inventories, net		(1,744)	(7,117)
Prepaid expenses and other current assets		380	318
Other non-current assets		(30)	(21)
Accounts payable		3,036	3,464
Accrued expenses		(778)	724
Operating lease liabilities - current		(75)	32
Other current liabilities		1,530	1,529
Operating lease liabilities, net of current portion		(228)	(293)
Net cash used in operating activities		(37)	(2,703)
Investing activities:
Purchases of property and equipment		(2,031)	(489)
Net cash used in investing activities		(2,031)	(489)
Financing activities:
Proceeds from exercise of common units		10	5
Proceeds from revolving line of credit	[1]	64,308	51,384
Repayment of revolving line of credit	[1]	(64,308)	(48,660)
Proceeds from PPP Loan			1,429
Payment of deferred IPO costs		(3,829)
Distribution to unitholders for tax payments		(2,669)
Net cash (used in) provided by financing activities		(6,488)	4,158
Net change from operating, investing, and financing activities		(8,556)	966
Cash at beginning of period		14,936	3,243
Cash at end of period		6,380	4,209
Supplemental Disclosure of Cash Flow Information:
Cash paid for interest		72	$ 131
Unpaid deferred offering costs		$ 1,038
[1]	Zevia LLC’s revolving line of credit provides for daily drawdowns and repayments of amounts outstanding. As of June 30, 2021, no amounts were outstanding under the line of credit given repayments equaled drawdowns for each of the periods presented. Consistent with the provisions of ASC Topic 230, Statement of Cash Flows, Zevia LLC has presented these daily draw downs and repayments under its revolving line of credit with its lender on a gross basis in the statements of cash flows for the periods ended June 30, 2021, and 2020.

Condensed Statements of Cash _2

Condensed Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Revolving Credit Facility [Member]
Line of credit	$ 0	$ 0

Description of Business and Bas

Description of Business and Basis of Presentation	6 Months Ended
	Jun. 30, 2021
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Description of Business and Basis of Presentation	1. DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION Organization and operations Zevia LLC develops, markets, sells, and distributes a wide variety of zero calorie, non-GMO verified, carbonated and non-carbonated soft drinks under the Zevia ® Basis of presentation The accompanying unaudited condensed financial statements have been prepared in accordance with US GAAP for interim financial information and with the instructions to SEC Article 10 of Regulation S-X. Accordingly, these financial statements do not include all infor m Initial Public Offering On July 21, 2021, the prospectus of Zevia PBC (“the Company”) was declared effective by the SEC related to the IPO of its Class A common stock. On July 22, 2021, the Company’s shares began trading on the New York Stock Exchange under the ticker symbol “ZVIA”. The Company completed the IPO of shares of its Class A common stock at an offering price of $ per share on July 26, 2021. The Company received aggregate net proceeds of approximately $ million after deducting underwriting discounts and commissions of $ million. Upon the closing of the IPO, we used (i) approximately $ million to purchase Class B units from certain Zevia LLC’s unitholders, including certain members of our senior management, at a per-unit price equal to the per-share price paid by the underwriters for shares of Class A common stock, (ii) approximately $ million to cancel and cash-out outstanding options held by certain of Zevia LLC’s option holders, including certain members of our senior management, at a per-option price equal to the per-share price paid by the underwriters for shares of Class A common stock, and (iii) approximately $ million to pay the cash consideration to certain pre-IPO institutional investors in connection with the merger of the blocker corporations into the Company with the Company surviving. Accordingly, we have not retained any of those portions of the proceeds. The Company used the remaining net proceeds of $ million to acquire newly issued Class A units of Zevia LLC at a per-unit price equal to the per-share price paid by the underwriters for shares of its Class A common stock. The underwriters have days after the date of the prospectus, July 21, 2021, to exercise their option to purchase additional shares of Class A common stock from the selling stockholders, until August 20, 2021.
ZEVIA PBC [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Description of Business and Basis of Presentation	1. Description of Organization and Business Operations Zevia PBC (the “Company,” “we,” “us,” “our”) was incorporated as a Delaware public benefit corporation on March 23, 2021, and prior to the consummation of the reorganization described herein and our initial public offering (“IPO”), did not conduct any activities other than those incidental to our formation and the IPO. In connection with the completion of the IPO on July 26, 2021, the Company became the holding company, and its sole material asset is a controlling equity interest in Zevia LLC, a Delaware limited liability company (“Zevia LLC”). Zevia LLC is the predecessor of the Company for financial reporting purposes. As the sole managing member of Zevia LLC, the Company operates and controls all of the business and affairs of Zevia LLC and, through Zevia LLC, conducts its business and subsequent to July 26, 2021, consolidates the results of Zevia LLC with a non-controlling interest reflected for the portion of Zevia LLC not owned by the Company. For more information about our holding company reorganization, see the section “Organizational Structure—The Reorganization” in the prospectus dated July 21, 2021 and filed with the SEC on July 23, 2021. Public Benefit Corporation In line with our mission to support the health of individuals and communities we live in, we elected to be treated as a public benefit corporation under Delaware law. Public benefit corporations are intended to produce a public benefit and to operate in a responsible and sustainable manner. As a public benefit corporation, we are required to balance the pecuniary interests of our stockholders with the best interests of those stakeholders materially affected by our conduct, including particularly those affected by the specific benefit purposes set forth in our certificate of incorporation. As provided in our amended and restated certificate of incorporation, the public benefits that we promote are to: (i) create and provide better-for-you beverages, food or other products that support the health of our consumers and their communities, (ii) promote the wellbeing of our employees in a supportive and empowering environment and (iii) forge an enduring profitable business. Certified B Corporation We have been designated as a “Certified B Corporation” by B Lab, an independent non-profit organization. As a Certified B Corporation, we have elected to have our social and environmental performance, accountability and transparency assessed against the proprietary criteria established by B Lab. Emerging Growth Company As a company with less than $1.07 As of June 30, 2021 the sole stockholder of the Company is the Chief Executive Officer of Zevia LLC (“the Purchaser”). The Company issued to the Purchaser, and the Purchaser purchased shares of its common stock (the “PBC Shares”), for cash consideration of a $ to be paid in full before the issuance and delivery of the PBC Shares.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2021
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Use of estimates The preparation of the financial statements in accordance with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, as well as the reported amount of net sales and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates made by Zevia LLC relate to net sales and associated cost recognition; the useful lives assigned to and the recoverability of property and equipment; reserves recorded for inventory obsolescence; the incremental borrowing rate for lease liabilities; allowance for doubtful accounts; and the determination of the fair value of equity instruments, including redeemable convertible preferred and common units, restricted unit awards, and equity-based compensation awards. On an ongoing basis, Zevia LLC evaluates its estimates compared to historical experience and trends, which form the basis for making judgments about the carrying value of its assets and liabilities. As of June 30, 2021, Zevia LLC’s operations have not been adversely impacted by the COVID-19 pandemic to a significant extent. The global impact of COVID-19 continues to rapidly evolve, and Zevia LLC will continue to monitor the situation and the effects on its business and operations, particularly if the COVID-19 pandemic continues and persists for an extended period of time. Deferred offering costs Offering costs consist of legal, accounting, and other costs incurred that are directly related to the Company’s registration statement on Form S-1 filed with the SEC. These costs will be charged to stockholder’s equity of Zevia PBC upon the completion of the transaction. During the three and six months ended June 30, 2021, the Company incurred offering costs of approximately $ million of this amount included in accounts payable in the accompanying balance sheets. These deferred offering costs are included in prepaid expenses and other current assets in the accompanying condensed Recent accounting pronouncements The Company is an emerging growth company, as defined in the JOBS Act. Under the JOBS Act, emerging growth companies can delay adopting new or revised accounting standards issued subsequent to the enactment of the JOBS Act until those standards apply to private companies. The Company has elected to use this extended transition period for complying with new or revised accounting standards that have different effective dates for public and private companies until the earlier of the date that it (i) is no longer an emerging growth company or (ii) affirmatively and irrevocably opts out of the extended transition period provided in the JOBS Act. As a result, the financial statements may not be comparable to companies that comply with the new or revised accounting pronouncements as of public company effective dates. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments 2016-13”). In August 2018, the FASB issued ASU No. 2018-15, Intangibles - Goodwill and Other - Internal Use Software (Subtopic 350-40): In August 2020, the FASB issued ASU No. 2020-06, Debt – Debt with Conversion and Other Options (Subtopic 470-20) (Subtopic 815-40). if-converted 2020-06 In April 2021, the FASB issued ASU 2021-04, Earnings Per Share Compensation - Stock Compensation 2021-04 2021-04 Any other recently issued accounting pronouncements are neither relevant, nor expected to have a material impact on Zevia LLC’s financial statements.
ZEVIA PBC [Member]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation The accompanying Balance Sheet is prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”) and pursuant to the accounting and disclosure rules and regulations of the SEC. The preparation of the financial statement in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statement. As there has been no activity for this entity through June 30, 2021, separate statements of operations, changes in stockholder’s equity and cash flows have not been presented. The Company’s fiscal year end is December 31. On March 23, 2021, the Purchaser acquired shares of common stock for cash consideration of $ per share, or total cash consideration of $ from the Company. Initial Public Offering On July 21, 2021, the prospectus of the Company was declared effective by the SEC related to the IPO of its Class A common stock. On July 22, 2021, the Company’s shares began trading on the New York Stock Exchange under the ticker symbol “ZVIA”. The Company completed the IPO of 10,700,000 shares of it’s Class A common stock at an offering price of $14.00 per share on July 26, 2021. The Company received aggregate net proceeds of approximately $139.7 million after deducting underwriting discounts and commissions of $10.1 million. Upon the closing of the IPO, we used (i) approximately $25.5 million to purchase Class B units from certain Zevia LLC’s unitholders, including certain members of our senior management, at a per-unit price equal to the per-share price paid by the underwriters for shares of Class A common stock, (ii) approximately $0.4 million to cancel and cash-out outstanding options held by certain of Zevia LLC’s option holders, including certain members of our senior management, at a per-option price equal to the per-share price paid by the underwriters for shares of Class A common stock, and (iii) approximately $23.7 million to pay the cash consideration to certain pre-IPO institutional investors in connection with the merger of the blocker corporations into the Company with the Company surviving. Accordingly, we have not retained any of those portions of the proceeds. The Company used the remaining net proceeds of $90.1 million to acquire newly issued Class A units of Zevia LLC at a per-unit price equal to the per-share price paid by the underwriters for shares of its Class A common stock. The underwriters have 30 days after the date of the prospectus, July 21, 2021, to exercise their option to purchase 1,605,000 additional shares of Class A common stock from the selling stockholders, until August 20, 2021. Offering Costs Associated with the IPO Offering costs incurred in connection with the preparation of the IPO of approximately $ million, consisted primarily of accounting, legal, filing, regulatory and other costs. These costs will be recorded as a reduction to stockholder’s equity and recorded against the proceeds from the offering. Income Taxes The Company is treated as a subchapter C corporation, and therefore, is subject to both federal and state income taxes. Zevia LLC will continue to be recognized as a limited liability company, a pass-through entity for income tax purposes.

Revenues

Revenues	6 Months Ended
	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenues	3. REVENUES Disaggregation of Revenue The following table disaggregates Zevia LLC’s sales by channel: For the three months For the six months (in thousands) 2021 2020 2021 2020 Retail sales $ 30,902 $ 23,482 $ 56,769 $ 43,404 Online/ecommerce 3,450 4,195 8,277 6,763 Net sales $ 34,352 $ 27,677 $ 65,046 $ 50,167 Contract liabilities Contract liabilities are recorded as deferred revenue on the accompanying condensed balance sheets and includes payments received in advance of performance obligations being filled under the contract. Zevia LLC did not have any material unsatisfied performance obligations as of June 30, 2021 and December 31, 2020, respectively.

Inventories, Net

Inventories, Net	6 Months Ended
	Jun. 30, 2021
Inventory Disclosure [Abstract]
Inventories, Net	4. INVENTORIES, NET Inventories consist of the following as of: (in thousands) June 30, 2021 December 31, 2020 Raw materials $ 8,014 $ 8,155 Finished goods 14,530 12,645 Inventories, net $ 22,544 $ 20,800

Property and Equipment, Net

Property and Equipment, Net	6 Months Ended
	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	5. PROPERTY AND EQUIPMENT, NET Property and equipment consist of the following as of: (in thousands) Useful Life June 30, 2021 December 31, 2020 Land N/A $ 336 $ — Leasehold improvements 1-2 468 468 Computer equipment and software 3 1,724 1,454 Furniture and equipment 3-6 672 473 Quality control equipment 6 140 340 Building 30 1,346 — 4,686 2,735 Less accumulated depreciation (2,033 ) (1,744 ) Property and equipment, net $ 2,653 $ 991 For the three months ended June 30, 2021 and 2020, depreciation expense, including the amortization of leasehold improvements, amounted to approximately $0.2 million and $0.2 million, respectively. For the six months ended June 30, 2021 and 2020, depreciation expense, including the amortization of leasehold improvements, amounted to approximately $0.4 million and $0.3 million, respectively These amounts are included under depreciation and amortization in the accompanying condensed statements of operations and comprehensive income (loss).

Intangible Assets, Net

Intangible Assets, Net	6 Months Ended
	Jun. 30, 2021
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Intangible Assets, Net	6. INTANGIBLE ASSETS, NET The following table provides information pertaining to Zevia LLC’s intangible asset as of: June 30, 2021 December 31, 2020 (in thousands) Useful lives Customer relationships 15 years $ 3,007 $ 3,007 Accumulated amortization (2,169 ) (2,068 ) 838 939 Trademarks Indefinite 3,000 3,000 $ 3,838 $ 3,939 For the three months ended June 30, 2021 and 2020, total amortization expense amounted to approximately $51,000 for each of the periods then ended. For the six months ended June 30, 2021 a n million for each of the periods then ended. No impairment losses have been recorded on any of Zevia LLC’s intangible assets for the six-month Amortization expense for intangible assets with definite lives is expected to be as follows: (in thousands) Remainder of 2021 $ 100 2022 200 2023 200 2024 200 2025 138 Expected amortization expense for intangible assets with definite lives $ 838

Debt

Debt	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Debt	7. DEBT Credit Facility In 2019, Zevia LLC entered into a loan agreement providing for a $9.0 million revolving line of credit (the “Credit Facility”) with Stonegate Asset Company II, LLC (“Stonegate”), with a maturity date in April 2022 . Borrowings under the revolving line are secured by accounts receivable and inventory. In June 2020, Zevia LLC amended the Credit facility and increased it to $ million. As of June 30, 2021, and December 31, 2020, the revolving line interest rate was % annual percentage rate and there was outstanding balance. On June 1, 2021, Zevia LLC extended the Credit Facility through April 2023 and there were no other modifications made to the terms and conditions. In July 2021 and subsequent to the IPO, Zevia LLC terminated the Credit Facility. There were no material early-termination fees or any other penalties associated with the termination of the Credit Facility.

Leases

Leases	6 Months Ended
	Jun. 30, 2021
Leases [Abstract]
Leases	8. LEASES Zevia LLC leases office space, vehicles and equipment. Zevia LLC’s recognized lease costs include: For the six months (in thousands) 2021 2020 Income Statement Operating lease cost (1) $ 302 $ 302 Lease income related to operating leases (2) 32 — Other Information Operating cash flows from operating leases $ 330 $ 319 Weighted-average remaining lease term (months) 10.40 22.31 Weighted-average discount rate 7.56 7.56 (1) Operating lease cost is recorded within general and administrative expenses in the accompanying condensed statements of operations and comprehensive income (loss). (2) Lease income related to operating leases is recorded within revenues in the accompanying condensed statements of operations and comprehensive income (loss). Zevia LLC’s variable lease costs and short-term lease costs were inconsequential. Maturities of lease payments under non-cancellable (in thousands) June 30, 2021 Remainder of 2021 $ 336 2022 240 2023 1 Total lease payments 577 Less Imputed Interest (19 ) Present value of lease liabilities $ 558

Commitments And Contingencies

Commitments And Contingencies	6 Months Ended
	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	9. COMMITMENTS AND CONTINGENCIES Zevia LLC is obligated under various non-cancellable x Leases Purchase commitments As of June 30, 2021 Zevia LLC does not have any material agreements with suppliers for the purchase of raw material with minimum purchase quantities. Legal proceedings Zevia LLC is involved from time to time in various claims, proceedings, and litigation. Zevia LLC establishes reserves for specific legal proceedings when it determines that the likelihood of an unfavorable outcome is probable, and the amount of loss can be reasonably estimated. Management has not identified any material legal matters where it believes an unfavorable material outcome is reasonably possible and/or for which an estimate of possible losses can be made. Management does not believe that the resolution of these matters would have a material impact on the condensed financial statements.

Balance Sheet Components

Balance Sheet Components	6 Months Ended
	Jun. 30, 2021
Payables and Accruals [Abstract]
Balance Sheet Components	10. BALANCE SHEET COMPONENTS Accrued Expenses Accrued expenses consisted of the following as of: (in thousands) June 30, 2021 December 31, 2020 Accrued customer paid bottle deposits $ 711 $ 563 Accrued incentive compensation 1,250 2,826 Accrued other 1,728 40 Total $ 3,689 $ 3,429 Other Current Liabilities Other current liabilities consisted of the following: (in thousands) June 30, 2021 December 31, 2020 Accrued vacation liability $ 857 $ 728 Accrued purchases 1,857 1,201 Other current liabilities 1,067 322 Total $ 3,781 $ 2,251

Equity-Based Compensation

Equity-Based Compensation	6 Months Ended
	Jun. 30, 2021
Share-based Payment Arrangement [Abstract]
Equity-Based Compensation	11. EQUITY-BASED COMPENSATION Zevia LLC uses a Black-Scholes valuation model to measure unit option expense as of each respective grant date. Generally, unit option grants vest ratably over four years, have a ten-year option grants during the period s ended June 30, 2021 and 2020. Zevia LLC’s equity-based compensation expense for the three months ended June 30, 2021 and 2020 amounted to approximately $36,000 and $29,000, respectively. Zevia LLC’s equity-based compensation expense for the six months ended June 30, 2021 and 2020 amounted to approximately $73,000 and $58,000, respectively. These amounts are included in general and administrative expenses in the condensed statements of operations and comprehensive income (loss). As of June 30, 2021, Zevia LLC’s non-vested years. Total unrecognized unit compensation expense on unvested unit options as of June 30, 2021 was approximately $ million. Restricted Unit In March 2021, Zevia LLC granted units of Restricted Class C common units (“RCCCUs”). Under the terms of the award agreements, these RCCCUs carry a term from their grant date, and fully vest at the earlier of (i) a change of control of the Company, or (ii) after the effective date of an IPO and termination of any lock up period. Settlement of the vested RCCCUs is deferred and generally occurs in annual installments over three years from the vesting date. Also, in March 2021, the Board approved an amendment to the RCCCUs granted in August 2020 (“the Amendment”). The Amendment changes the vesting of the RCCCUs granted in August 2020 to occur as follows: (i) full vesting in the event of a change of control, or (ii) in the event of an IPO, vesting in equal monthly installments over a 36-month period following the termination of any lockup period, subject to the participant’s continued employment through such vesting date. Settlement is to occur within 30 days following each vesting date of the RCCCUs. All other terms related to the August 2020 grant remained unchanged. Total unrecognized compensation expense on unvested restricted unit awards as of June 30, 2021, was approximately $106.6 million. Because Zevia LLC deems the likelihood of vesting as not probable, there was no compensation expense recognized for restricted unit awards during the six months ended June 30, 2021 and 2020, respectively. In connection with the IPO, the Company is expected to recognize approximately $57.5 million of equity-based compensation expense ratably over the requisite service period through December 31, 2021. In connection with the IPO, the Company assumed all outstanding equity awards of Zevia LLC on a one-to-two basis, such that unit options of Zevia LLC are now stock options of the Company, RCCCUs are now restricted stock of the Company, and phantom unit awards of Zevia LLC are now phantom stock awards of the Company.

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
Segment Reporting	12. SEGMENT REPORTING Zevia LLC has one operating and reporting segment which operates as a product portfolio with a single business platform. In reaching this conclusion, management considered the definition of the Chief Operating Decision Maker (“CODM”); how the business is defined by the CODM; the nature of the information provided to the CODM and how that information is used to make operating decisions; and how resources and performance are accessed. Zevia LLC’s CODM is the Chief Executive Officer. The results of the operations provided to and analyzed by the CODM at Zevia LLC level and accordingly, key resource decisions and assessment of performance are performed at Zevia LLC level. Zevia LLC has a common management team across all product lines and Zevia LLC does not manage these products as individual businesses and as a result, cash flows are not distinct.

Major Customers, Accounts Recei

Major Customers, Accounts Receivable And Vendor Concentration	6 Months Ended
	Jun. 30, 2021
Risks and Uncertainties [Abstract]
Major Customers, Accounts Receivable And Vendor Concentration	13. MAJOR CUSTOMERS, ACCOUNTS RECEIVABLE AND VENDOR CONCENTRATION The table below represents Zevia LLC’s major customers and accounted for more than % of total net sales for the periods: For the three months For the six months 2021 2020 2021 2020 Customer A 19 % 18 % 18 % 19 % Customer B 17 % 19 % 17 % 17 % Customer C 11 % 12 % 11 % 13 % Customer D 8 % 13 % 11 % 12 % The table below represents Zevia LLC’s customers which accounted for m % of total accounts receivable, net as of: June 30, December 31, Customer A 8 % 11 % Customer B 22 % 17 % Customer E 11 % 14 % Customer F 11 % 2 % Customer G 6 % 12 % The table below represents raw material vendors that accounted for more than 10% of all raw material purchases for the periods: For the three For the six months 2021 2020 2021 2020 Vendor A 30 % 31 % 32 % 32 % Vendor B 24 % 18 % 23 % 21 % Vendor C 12 % 9 % 13 % 9 % Vendor D 2 % 18 % 2 % 11 %

Net Income (loss) Per Unit Attr

Net Income (loss) Per Unit Attributable To Common Unit Holders	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
Net Income (loss) Per Unit Attributable To Common Unit Holders	14. NET INCOME (LOSS) PER UNIT ATTRIBUTABLE TO COMMON UNIT HOLDERS As all of Zevia LLC’s common units and redeemable convertible preferred units are participating securities, Zevia LLC has appl i two-class two-class Zevia LLC’s redeemable convertible preferred participating securities do not contractually require the holders of such units to participate in Zevia LLC’s losses. As such, net losses for the periods presented were not allocated to Zevia LLC’s participating securities. Further, given the net losses experienced, the net loss per unit for Zevia LLC’s Class A, Class B, and Class C common units are identical for the periods presented. The computation of income (loss) per unit is as follows: Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 (in thousands, except unit and per unit amounts) Net income (loss) per unit: Net income (loss) $ (749 ) $ 3,107 $ (502 ) $ 513 Less: Impact of assumed conversions Income allocated to participating units — (2,647 ) — (434 ) Net income (loss) available to Class A, Class B and Class C common unit members (749 ) 460 (502 ) 79 Units used in computation: Weighted-average common units outstanding, Basic 2,476,386 4,549,828 2,469,518 4,549,828 Common equivalent units from options to purchase common units, restricted units, and conversion of redeemable convertible preferred units — 26,197,919 — 25,058,008 Weighted average common units outstanding, Diluted 2,476,386 30,747,747 2,469,518 29,607,836 Basic net income (loss) per unit $ (0.30 ) $ 0.10 $ (0.20 ) $ 0.02 Diluted net income (loss) per unit $ (0.30 ) $ 0.10 $ (0.20 ) $ 0.02 Net income (loss) per unit under the two-class Three months ended June 30, 2021 (in thousands, except unit and per unit amounts) Common Units Net loss Class A Class B Class C As reported – basic $ (749 ) Deduct: Undistributed earnings allocated to participating securities — Allocation of net loss to Common Class A, B & C Unit members $ (749 ) $ (722 ) $ (13 ) $ (14 ) Weighted average common units outstanding, basic 2,387,994 43,387 45,005 Basic net loss per unit $ (0.30 ) $ (0.30 ) $ (0.30 ) Three months ended June 30, 2020 (in thousands, except unit and per unit amounts) Common Units Net income Class A Class B Class C As reported – basic $ 3,107 Deduct: Undistributed earnings allocated to participating securities (2,647 ) Allocation of net income to Common Class A, B & C Unit members $ 460 $ 450 $ 5 $ 5 Weighted average common units outstanding, basic 4,450,341 49,459 50,028 Basic net income per unit $ 0.10 $ 0.10 $ 0.10 Numerator adjustment for diluted Incentive unit options and Restricted Class A common units (“RCCA”)/ RCCC $ 2,537 $ 29 $ 81 Options (Dilutive) 1,524,199 289,321 655,298 Redeemable convertible preferred units converted to common 22,558,386 — — RCCAs/RCCCs 1,022,334 — 148,381 Total shares – Diluted 29,555,260 338,780 853,707 Diluted net income per unit $ 0.10 $ 0.10 $ 0.10 Six months ended June 30, 2021 (in thousands, except unit and per unit amounts) Common Units Net loss Class A Class B Class C As reported – basic $ (502 ) Deduct: Undistributed earnings allocated to participating securities — Allocation of net loss to Common Class A, B & C Unit members $ (502 ) $ (485 ) $ (9 ) $ (9 ) Weighted average common units outstanding, basic 2,383,570 42,128 43,820 Basic net loss per unit $ (0.20 ) $ (0.20 ) $ (0.20 ) Six months ended June 30, 2020 Common Units Net Income Class A Class B Class C As reported – basic $ 513 Deduct: Undistributed earnings allocated to participating sec u (434 ) Allocation of net income to Common Class A, B & C Unit members $ 79 $ 77 $ 1 $ 1 Weighted average common units outstanding, basic 4,450,555 49,417 49,856 Basic net income per unit $ 0.02 $ 0.02 $ 0.02 Numerator adjustment for diluted Incentive unit options and Restricted Class A common units (“RCCA”)/ RCCC $ 418 $ 5 $ 11 Options (Dilutive) 1,524,152 289,314 655,040 Redeemable convertible preferred units converted to common 22,558,386 — — RCCAs and RCCCs (Dilutive) 29,875 — 1,241 Total shares – Diluted 28,562,968 338,731 706,137 Diluted net income per unit $ 0.02 $ 0.02 $ 0.02 The following potentially dilutive units were not includ e Three Months Ended June 30, 2021 Employee unit options 663,965 Restricted units 3,872,572 Redeemable convertible preferred units 26,322,803 Six Months Ended June 30, 2021 Employee unit options 663,965 Restricted units 3,516,370 Redeemable convertible preferred units 26,322,803

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2021
Subsequent Event [Line Items]
Subsequent Events	15. SUBSEQUENT EVENTS Initial Public Offering On July 21, 2021, the prospectus of the Company related to the IPO of its Class A common stock was declared effective by the SEC. The closing date of the IPO was July 26, 2021, and in connection with the closing, the following actions were taken as it relates to the Company: • Zevia LLC recapitalized its common and preferred membership interests into a single class of common units and each common unit outstanding after giving effect thereto was reclassified as two Class B units; • The Company amended and restated its certificate of incorporation in its entirety to, among other things: (i) authorize 800,000,000 shares of common stock, 550,000,000 shares, of which are designated as “Class A Common Stock” and 250,000,000 shares of which are designated as “Class B Common Stock;” and (ii) authorize 10,000,000 shares of undesignated preferred stock that may be issued from time to time by the board in one or more series and amended and restated its bylaws in their entirety to, among other things: (i) establish procedures relating to the presentation of stockholder proposals at stockholder meetings; (ii) establish procedures relating to the nomination of directors; and (iii) conform to the provisions of the amended and restated certificate; • The limited liability company agreement of Zevia LLC was amended and restated (the “Amended and Restated Zevia LLC Agreement”) to, among other things, provide for Class A units and Class B units and appoint the Company as the sole managing member of Zevia LLC; • The Company assumed all outstanding equity awards of Zevia LLC on a one-to-two basis; • The Amended and Restated Zevia LLC Agreement classified the interests acquired by the Company as Class A units and reclassified the interests held by the continuing members of Zevia LLC as Class B units and permits the continuing members of Zevia LLC to exchange Class B units for shares of Class A common stock on a or, at the election of the Company, for cash. For each membership unit of Zevia LLC that is reclassified as a Class B unit, the Company issued one corresponding share of its Class B common stock to the continuing members; • The Company issued and sold shares of its Class A common stock to the underwriters at an IPO price of $ per share, for gross proceeds of $ million before deducting underwriting discounts and commissions of $ million; • The Company used approximately $ million of the net proceeds of the IPO to acquire newly issued Class A units of Zevia LLC at a per-unit price equal to the per-share price paid by the underwriters for shares of Class A common stock in the IPO; • The Company used approximately $ million of the net proceeds of the IPO to purchase Class B units from certain of Zevia LLC’s unitholders, including certain members of senior management, at a per-unit price equal to the per-share price paid by the underwriters for shares of Class A common stock in the IPO. Such units were immediately converted into an equivalent number of Class A units; • The Company used approximately $ million of the net proceeds of the IPO to cancel and cash-out outstanding options held by certain of Zevia LLC’s option holders, including certain members of senior management, at a per-option price equal to the per-share price paid by the underwriters for shares of Class A common stock in the IPO. The Company received an equivalent number of Class A units from Zevia LLC in exchange for the cancellation of such options; • The Company formed a new, first-tier merger subsidiary with respect to each blocker company of certain pre-IPO institutional investors (“Direct Zevia Stockholders”), and contemporaneously with the IPO, each respective merger subsidiary merged with and into the respective blocker company, with the blocker company surviving. Immediately thereafter, each blocker company merged with and into the Company, with the Company surviving. As a result of the blocker mergers, the % owners of the blocker companies acquired an aggregate of shares of newly issued Class A common stock and received approximately $ million in cash consideration, and the blocker companies ceased to own any Zevia LLC units; • The Company entered into the Tax Receivable Agreement for the benefit of the continuing members of the Company (not including the Company) and the Direct Zevia Stockholders pursuant to which the Company will pay % of the amount of the net cash tax savings, if any, that the Company realizes (or, under certain circumstances, is deemed to realize) as a result of (i) increases in tax basis (and utilization of certain other tax benefits) resulting from the Company’s acquisition of a continuing member’s Zevia LLC units in co n • The Company entered into an Amended and Restated Registration Rights Agreement with the Class B stockholders to provide for certain rights and restrictions after the IPO; • The underwriters have 30 days after the date of the prospectus, July 21, 2021, to exercise their option to purchase additional shares of Class A common stock, un til Immediately following the closing of the IPO on July 26, 2021, Zevia LLC became the predecessor of the Company for financial reporting purposes. The Company is a holding company, and its sole material asset is its controlling equity interest in Zevia LLC. As the sole managing member of Zevia LLC, the Company operates and controls all of the business and affairs of Zevia LLC. This reorganization is accounted for as a reorganization of entities under common control. As a result, the consolidated financial statements of the Company will recognize the assets and liabilities received in the reorganization at their historical carrying amounts, as reflected in the historical financial statements of Zevia LLC. The Company will consolidate Zevia LLC in its consolidated financial statements and record a noncontrolling interest related to the Class B units held by the Class B stockholders on its consolidated balance sheet and statement of operations. The Company holds and economic interest of % in Zevia LLC and the remaining % represents the non-controlling interest. In July 2021, Zevia LLC issued RCCCUs to certain employees and non-employee directors under the Zevia 2020 Incentive Plan (the “2020 Plan”). The fair value of the RCCCUs granted at such time was approximately $ million. In July 2021, Zevia LLC terminated its Credit Facility, which was set to mature in April 2023 . There were no material early-termination fees or any other penalties associated with the termination of the Credit Facility. Also, in July 2021, the Board approved an amendment to certain restricted phantom Class A common units and restricted phantom Class C common units (collectively, the phantom units) previously granted by Zevia LLC (the “Phantom Unit Amendment”). The Phantom Unit Amendment changed the settlement feature of such awards so that following vesting the phantom unitholders were entitled to receive one Class A and one Class C Common Unit, respectively, for each phantom unit which vests. All other terms related to these phantom units remained unchanged. As a result of the change in the settlement provision, the Zevia LLC will recognize an incremental charge of approximately $33.9 million over the vesting period, subsequent to the performance condition being met, resulting from the fair value of the awards as remeasured at the amendment date. Additionally, in July 2021 immediately following the effectiveness of the Company’s prospectus, the Company’s Board of Directors approved the issuance of (i)
ZEVIA PBC [Member]
Subsequent Event [Line Items]
Subsequent Events	3. Subsequent Events Initial Public Offering On July 21, 2021, the prospectus of the Company related to the IPO of its Class A common stock (as defined herein) was declared effective by the SEC. The closing date of the IPO was July 26, 2021, and in connection with the closing of the IPO, the following actions were taken: • The Company recapitalized its common and preferred membership interests into a single class of common units and each common unit outstanding after giving effect thereto was reclassified as two Class B units; • The Company amended and restated its certificate of incorporation in its entirety to, among other things: (i) authorize 800,000,000 shares of common stock, 550,000,000 shares, of which are designated as “Class A Common Stock” and 250,000,000 shares of which are designated as “Class B Common Stock;” and (ii) authorize 10,000,000 shares of undesignated preferred stock that may be issued from time to time by the board in one or more series and amended and restated its bylaws in their entirety to, among other things: (i) establish procedures relating to the presentation of stockholder proposals at stockholder meetings; (ii) establish procedures relating to the nomination of directors; and (iii) conform to the provisions of the amended and restated certificate; • The limited liability company agreement of Zevia LLC was amended and restated (the “Amended and Restated Zevia LLC Agreement”) to, among other things, provide for Class A units and Class B units and appoint the Company as the sole managing member of Zevia LLC; • The Company assumed all outstanding equity awards of Zevia LLC on a one-to-two basis; • The Amended and Restated Zevia LLC Agreement classified the interests acquired by the Company as Class A units and reclassified the interests held by the continuing members of Zevia LLC as Class B units and permits the continuing members of Zevia LLC to exchange Class B units for shares of Class A common stock on a or, at the election of t • The Company issued and sold 10,700,000 shares of its Class A common stock to the underwriters at an IPO price of $ per share, for gross proceeds of $ million before deducting underwriting discounts and commissions of $ million; • The Company used approximately $90.1 million of the net proceeds of the IPO to acquire 6,900,000 newly issued Class A units of Zevia LLC at a per-unit price equal to the per-share price paid by the underwriters for shares of Class A common stock in the IPO; • The Company used approximately $25.5 million of the net proceeds of the IPO to purchase 1,956,142 Class B units from certain of Zevia LLC’s unitholders, including certain members of senior management, at a per-unit price equal to the per-share price paid by the underwriters for shares of Class A common stock in the IPO. Such units were immediately converted into an equivalent number of Class A units; • The Company used approximately $0.4 million of the net proceeds of the IPO to cancel and cash-out outstanding options held by certain of Zevia LLC’s option holders, including certain members of senior management, at a per-option price equal to the per-share price paid by the underwriters for shares of Class A common stock in the IPO. The Company received an equivalent number of Class A units from Zevia LLC in exchange for the cancellation of such options; • The Company formed a new, first-tier merger subsidiary with respect to each blocker company of certain pre-IPO institutional investors (“Direct Zevia Stockholders”), and contemporaneously with the IPO, each respective merger subsidiary merged with and into the respective blocker company, with the blocker company surviving. Immediately thereafter, each blocker company merged with and into the Company, with the Company surviving. As a result of the blocker mergers, the 100% owners of the blocker companies acquired an aggregate of 23,716,450 shares of newly issued Class A common stock and received approximately $ million in cash consideration, and the blocker companies ceased to own any Zevia LLC units; • The Company entered into the Tax Receivable Agreement for the benefit of the continuing members of Zevia LLC (not including the Company) and the Direct Zevia Stockholders pursuant to which the C % of the amount of the net cash tax savings, if any, that the Company realizes (or, under certain circumstances, is deemed to realize) as a result of (i) increases in tax basis (and utilization of certain other tax benefits) resulting from the Company’s • The Company entered into an Amended and Restated Registration Rights Agreement with the Class B stockholders to provide for certain rights and restrictions after the IPO; • The underwriters have 30 days after the date of the prospectus, July 21, 2021, to exercise their option to purchase 1,605,000 additional shares of Class A common stock, until August 20, 2021. Immediately following the closing of the IPO on July 26, 2021, Zevia LLC became the predecessor of the Company for financial reporting purposes. The Company is a holding company, and its sole material asset is its controlling equity interest in Zevia LLC. As the sole managing member of Zevia LLC, the Company operates and controls all of the business and affairs of Zevia LLC. This reorganization is accounted for as a reorganization of entities under common control. As a result, the consolidated financial statements of the Company will recognize the assets and liabilities received in the reorganization at their historical carrying amounts, as reflected in the historical financial statements of Zevia LLC. The Company will consolidate Zevia LLC in its consolidated financial statements and record a noncontrolling interest related to the Class B units held by the Class B stockholders on its consolidated balance sheet and statement of operations. The Company holds an economic interest of 53.5% in Zevia LLC and the remaining 46.7% represents the non-controlling interest.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2021
Use of estimates	Use of estimates The preparation of the financial statements in accordance with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, as well as the reported amount of net sales and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates made by Zevia LLC relate to net sales and associated cost recognition; the useful lives assigned to and the recoverability of property and equipment; reserves recorded for inventory obsolescence; the incremental borrowing rate for lease liabilities; allowance for doubtful accounts; and the determination of the fair value of equity instruments, including redeemable convertible preferred and common units, restricted unit awards, and equity-based compensation awards. On an ongoing basis, Zevia LLC evaluates its estimates compared to historical experience and trends, which form the basis for making judgments about the carrying value of its assets and liabilities. As of June 30, 2021, Zevia LLC’s operations have not been adversely impacted by the COVID-19 pandemic to a significant extent. The global impact of COVID-19 continues to rapidly evolve, and Zevia LLC will continue to monitor the situation and the effects on its business and operations, particularly if the COVID-19 pandemic continues and persists for an extended period of time.
Deferred offering costs	Deferred offering costs Offering costs consist of legal, accounting, and other costs incurred that are directly related to the Company’s registration statement on Form S-1 filed with the SEC. These costs will be charged to stockholder’s equity of Zevia PBC upon the completion of the transaction. During the three and six months ended June 30, 2021, the Company incurred offering costs of approximately $ million of this amount included in accounts payable in the accompanying balance sheets. These deferred offering costs are included in prepaid expenses and other current assets in the accompanying condensed
Recent accounting pronouncements	Recent accounting pronouncements The Company is an emerging growth company, as defined in the JOBS Act. Under the JOBS Act, emerging growth companies can delay adopting new or revised accounting standards issued subsequent to the enactment of the JOBS Act until those standards apply to private companies. The Company has elected to use this extended transition period for complying with new or revised accounting standards that have different effective dates for public and private companies until the earlier of the date that it (i) is no longer an emerging growth company or (ii) affirmatively and irrevocably opts out of the extended transition period provided in the JOBS Act. As a result, the financial statements may not be comparable to companies that comply with the new or revised accounting pronouncements as of public company effective dates. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments 2016-13”). In August 2018, the FASB issued ASU No. 2018-15, Intangibles - Goodwill and Other - Internal Use Software (Subtopic 350-40): In August 2020, the FASB issued ASU No. 2020-06, Debt – Debt with Conversion and Other Options (Subtopic 470-20) (Subtopic 815-40). if-converted 2020-06 In April 2021, the FASB issued ASU 2021-04, Earnings Per Share Compensation - Stock Compensation 2021-04 2021-04 Any other recently issued accounting pronouncements are neither relevant, nor expected to have a material impact on Zevia LLC’s financial statements.
ZEVIA PBC [Member]
Basis of Presentation	Basis of Presentation The accompanying Balance Sheet is prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”) and pursuant to the accounting and disclosure rules and regulations of the SEC. The preparation of the financial statement in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statement. As there has been no activity for this entity through June 30, 2021, separate statements of operations, changes in stockholder’s equity and cash flows have not been presented. The Company’s fiscal year end is December 31. On March 23, 2021, the Purchaser acquired shares of common stock for cash consideration of $ per share, or total cash consideration of $ from the Company.
Initial Public Offering	Initial Public Offering On July 21, 2021, the prospectus of the Company was declared effective by the SEC related to the IPO of its Class A common stock. On July 22, 2021, the Company’s shares began trading on the New York Stock Exchange under the ticker symbol “ZVIA”. The Company completed the IPO of 10,700,000 shares of it’s Class A common stock at an offering price of $14.00 per share on July 26, 2021. The Company received aggregate net proceeds of approximately $139.7 million after deducting underwriting discounts and commissions of $10.1 million. Upon the closing of the IPO, we used (i) approximately $25.5 million to purchase Class B units from certain Zevia LLC’s unitholders, including certain members of our senior management, at a per-unit price equal to the per-share price paid by the underwriters for shares of Class A common stock, (ii) approximately $0.4 million to cancel and cash-out outstanding options held by certain of Zevia LLC’s option holders, including certain members of our senior management, at a per-option price equal to the per-share price paid by the underwriters for shares of Class A common stock, and (iii) approximately $23.7 million to pay the cash consideration to certain pre-IPO institutional investors in connection with the merger of the blocker corporations into the Company with the Company surviving. Accordingly, we have not retained any of those portions of the proceeds. The Company used the remaining net proceeds of $90.1 million to acquire newly issued Class A units of Zevia LLC at a per-unit price equal to the per-share price paid by the underwriters for shares of its Class A common stock. The underwriters have 30 days after the date of the prospectus, July 21, 2021, to exercise their option to purchase 1,605,000 additional shares of Class A common stock from the selling stockholders, until August 20, 2021.
Offering Costs Associated with the IPO	Offering Costs Associated with the IPO Offering costs incurred in connection with the preparation of the IPO of approximately $ million, consisted primarily of accounting, legal, filing, regulatory and other costs. These costs will be recorded as a reduction to stockholder’s equity and recorded against the proceeds from the offering.
Income Taxes	Income Taxes The Company is treated as a subchapter C corporation, and therefore, is subject to both federal and state income taxes. Zevia LLC will continue to be recognized as a limited liability company, a pass-through entity for income tax purposes.

Revenues (Tables)

Revenues (Tables)	6 Months Ended
	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Summary of Disaggregation of Revenue	The following table disaggregates Zevia LLC’s sales by channel: For the three months For the six months (in thousands) 2021 2020 2021 2020 Retail sales $ 30,902 $ 23,482 $ 56,769 $ 43,404 Online/ecommerce 3,450 4,195 8,277 6,763 Net sales $ 34,352 $ 27,677 $ 65,046 $ 50,167

Inventories, Net (Tables)

Inventories, Net (Tables)	6 Months Ended
	Jun. 30, 2021
Inventory Disclosure [Abstract]
Summary of Inventories	Inventories consist of the following as of: (in thousands) June 30, 2021 December 31, 2020 Raw materials $ 8,014 $ 8,155 Finished goods 14,530 12,645 Inventories, net $ 22,544 $ 20,800

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	6 Months Ended
	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
Summary of Property and Equipment	Property and equipment consist of the following as of: (in thousands) Useful Life June 30, 2021 December 31, 2020 Land N/A $ 336 $ — Leasehold improvements 1-2 468 468 Computer equipment and software 3 1,724 1,454 Furniture and equipment 3-6 672 473 Quality control equipment 6 140 340 Building 30 1,346 — 4,686 2,735 Less accumulated depreciation (2,033 ) (1,744 ) Property and equipment, net $ 2,653 $ 991

Intangible Assets, Net (Tables)

Intangible Assets, Net (Tables)	6 Months Ended
	Jun. 30, 2021
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Summary of Intangible Assets	The following table provides information pertaining to Zevia LLC’s intangible asset as of: June 30, 2021 December 31, 2020 (in thousands) Useful lives Customer relationships 15 years $ 3,007 $ 3,007 Accumulated amortization (2,169 ) (2,068 ) 838 939 Trademarks Indefinite 3,000 3,000 $ 3,838 $ 3,939
Summary of Expected Amortization Expense for Intangible Assets with Definite Lives	Amortization expense for intangible assets with definite lives is expected to be as follows: (in thousands) Remainder of 2021 $ 100 2022 200 2023 200 2024 200 2025 138 Expected amortization expense for intangible assets with definite lives $ 838

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2021
Leases [Abstract]
Summary of Lease Costs As Follows	Zevia LLC leases office space, vehicles and equipment. Zevia LLC’s recognized lease costs include: For the six months (in thousands) 2021 2020 Income Statement Operating lease cost (1) $ 302 $ 302 Lease income related to operating leases (2) 32 — Other Information Operating cash flows from operating leases $ 330 $ 319 Weighted-average remaining lease term (months) 10.40 22.31 Weighted-average discount rate 7.56 7.56 (1) Operating lease cost is recorded within general and administrative expenses in the accompanying condensed statements of operations and comprehensive income (loss). (2) Lease income related to operating leases is recorded within revenues in the accompanying condensed statements of operations and comprehensive income (loss).
Summary of Maturities of Lease Payments Under Non-Cancellable Leases Were As Follows	Maturities of lease payments under non-cancellable (in thousands) June 30, 2021 Remainder of 2021 $ 336 2022 240 2023 1 Total lease payments 577 Less Imputed Interest (19 ) Present value of lease liabilities $ 558

Balance Sheet Components (Table

Balance Sheet Components (Tables)	6 Months Ended
	Jun. 30, 2021
Payables and Accruals [Abstract]
Summary Of Accrued Expenses	Accrued expenses consisted of the following as of: (in thousands) June 30, 2021 December 31, 2020 Accrued customer paid bottle deposits $ 711 $ 563 Accrued incentive compensation 1,250 2,826 Accrued other 1,728 40 Total $ 3,689 $ 3,429
Summary Of Other Current Liabilities	Other current liabilities consisted of the following: (in thousands) June 30, 2021 December 31, 2020 Accrued vacation liability $ 857 $ 728 Accrued purchases 1,857 1,201 Other current liabilities 1,067 322 Total $ 3,781 $ 2,251

Major Customers, Accounts Rec_2

Major Customers, Accounts Receivable And Vendor Concentration (Tables)	6 Months Ended
	Jun. 30, 2021
Customer Concentration Risk [Member] | Revenue from Contract with Customer Benchmark [Member]
Concentration Risk [Line Items]
Summary Sales to Significant Customers	The table below represents Zevia LLC’s major customers and accounted for more than % of total net sales for the periods: For the three months For the six months 2021 2020 2021 2020 Customer A 19 % 18 % 18 % 19 % Customer B 17 % 19 % 17 % 17 % Customer C 11 % 12 % 11 % 13 % Customer D 8 % 13 % 11 % 12 %
Customer Concentration Risk [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Summary Sales to Significant Customers	The table below represents Zevia LLC’s customers which accounted for m % of total accounts receivable, net as of: June 30, December 31, Customer A 8 % 11 % Customer B 22 % 17 % Customer E 11 % 14 % Customer F 11 % 2 % Customer G 6 % 12 %
Supplier Concentration Risk [Member] | Cost of Goods and Service Benchmark [Member]
Concentration Risk [Line Items]
Summary Sales to Significant Customers	The table below represents raw material vendors that accounted for more than 10% of all raw material purchases for the periods: For the three For the six months 2021 2020 2021 2020 Vendor A 30 % 31 % 32 % 32 % Vendor B 24 % 18 % 23 % 21 % Vendor C 12 % 9 % 13 % 9 % Vendor D 2 % 18 % 2 % 11 %

Net Income (loss) Per Unit At_2

Net Income (loss) Per Unit Attributable To Common Unit Holders (Tables)	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
Summary of Income (Loss) Per Unit	The computation of income (loss) per unit is as follows: Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 (in thousands, except unit and per unit amounts) Net income (loss) per unit: Net income (loss) $ (749 ) $ 3,107 $ (502 ) $ 513 Less: Impact of assumed conversions Income allocated to participating units — (2,647 ) — (434 ) Net income (loss) available to Class A, Class B and Class C common unit members (749 ) 460 (502 ) 79 Units used in computation: Weighted-average common units outstanding, Basic 2,476,386 4,549,828 2,469,518 4,549,828 Common equivalent units from options to purchase common units, restricted units, and conversion of redeemable convertible preferred units — 26,197,919 — 25,058,008 Weighted average common units outstanding, Diluted 2,476,386 30,747,747 2,469,518 29,607,836 Basic net income (loss) per unit $ (0.30 ) $ 0.10 $ (0.20 ) $ 0.02 Diluted net income (loss) per unit $ (0.30 ) $ 0.10 $ (0.20 ) $ 0.02
Summary of Net Income (Loss) Per Unit Under The Two-Cass Method	Net income (loss) per unit under the two-class Three months ended June 30, 2021 (in thousands, except unit and per unit amounts) Common Units Net loss Class A Class B Class C As reported – basic $ (749 ) Deduct: Undistributed earnings allocated to participating securities — Allocation of net loss to Common Class A, B & C Unit members $ (749 ) $ (722 ) $ (13 ) $ (14 ) Weighted average common units outstanding, basic 2,387,994 43,387 45,005 Basic net loss per unit $ (0.30 ) $ (0.30 ) $ (0.30 ) Three months ended June 30, 2020 (in thousands, except unit and per unit amounts) Common Units Net income Class A Class B Class C As reported – basic $ 3,107 Deduct: Undistributed earnings allocated to participating securities (2,647 ) Allocation of net income to Common Class A, B & C Unit members $ 460 $ 450 $ 5 $ 5 Weighted average common units outstanding, basic 4,450,341 49,459 50,028 Basic net income per unit $ 0.10 $ 0.10 $ 0.10 Numerator adjustment for diluted Incentive unit options and Restricted Class A common units (“RCCA”)/ RCCC $ 2,537 $ 29 $ 81 Options (Dilutive) 1,524,199 289,321 655,298 Redeemable convertible preferred units converted to common 22,558,386 — — RCCAs/RCCCs 1,022,334 — 148,381 Total shares – Diluted 29,555,260 338,780 853,707 Diluted net income per unit $ 0.10 $ 0.10 $ 0.10 Six months ended June 30, 2021 (in thousands, except unit and per unit amounts) Common Units Net loss Class A Class B Class C As reported – basic $ (502 ) Deduct: Undistributed earnings allocated to participating securities — Allocation of net loss to Common Class A, B & C Unit members $ (502 ) $ (485 ) $ (9 ) $ (9 ) Weighted average common units outstanding, basic 2,383,570 42,128 43,820 Basic net loss per unit $ (0.20 ) $ (0.20 ) $ (0.20 ) Six months ended June 30, 2020 Common Units Net Income Class A Class B Class C As reported – basic $ 513 Deduct: Undistributed earnings allocated to participating sec u (434 ) Allocation of net income to Common Class A, B & C Unit members $ 79 $ 77 $ 1 $ 1 Weighted average common units outstanding, basic 4,450,555 49,417 49,856 Basic net income per unit $ 0.02 $ 0.02 $ 0.02 Numerator adjustment for diluted Incentive unit options and Restricted Class A common units (“RCCA”)/ RCCC $ 418 $ 5 $ 11 Options (Dilutive) 1,524,152 289,314 655,040 Redeemable convertible preferred units converted to common 22,558,386 — — RCCAs and RCCCs (Dilutive) 29,875 — 1,241 Total shares – Diluted 28,562,968 338,731 706,137 Diluted net income per unit $ 0.02 $ 0.02 $ 0.02
Summary of Antidilutive Securities Excluded From Computation of Earnings Per Share	The following potentially dilutive units were not includ e Three Months Ended June 30, 2021 Employee unit options 663,965 Restricted units 3,872,572 Redeemable convertible preferred units 26,322,803 Six Months Ended June 30, 2021 Employee unit options 663,965 Restricted units 3,516,370 Redeemable convertible preferred units 26,322,803

Description of Business and B_2

Description of Business and Basis of Presentation - Additional Information (Detail) - USD ($)	Jul. 26, 2021	Jul. 21, 2021	Mar. 23, 2021	Jun. 30, 2021
Subsequent Event [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Proceeds from initial public offering utilized for cancellation Of options outstanding		$ 400,000
Subsequent Event [Member] | Blocker Companies [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Business acquisition, consideration in cash		23,700,000
Subsequent Event [Member] | Common Class A [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Partners' Capital Account, Sale of Units		90,100,000
Subsequent Event [Member] | Common Class A [Member] | Blocker Companies [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Business acquisition, consideration in cash		23,700,000
Subsequent Event [Member] | Class A Common Units [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Partners' Capital Account, Sale of Units		90,100,000
Subsequent Event [Member] | Common Class B Units [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Partners' Capital Account, Sale of Units		$ 25,500,000
Subsequent Event [Member] | IPO [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Number of days from which underwriters after the date of prospectus to exercise their option to purchase additional shares		30 days
Subsequent Event [Member] | IPO [Member] | Common Class A [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Stock issued during period shares new issues	10,700,000
Sale of stock, price per share	$ 14
Proceeds from issuance of initial public offering		$ 139,700,000
Number of additional Shares acquired by underwriter from selling stockholders		1,605,000
Underwriting discounts and commissions		$ 10,100,000
ZEVIA PBC [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Total cash consideration				$ 1,070,000,000
ZEVIA PBC [Member] | Subsequent Event [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Proceeds from initial public offering utilized for cancellation Of options outstanding		400,000
ZEVIA PBC [Member] | Subsequent Event [Member] | Blocker Companies [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Business acquisition, consideration in cash		23,700,000
ZEVIA PBC [Member] | Subsequent Event [Member] | Common Class A [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Partners' Capital Account, Sale of Units		90,100,000
ZEVIA PBC [Member] | Subsequent Event [Member] | Class A Common Units [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Partners' Capital Account, Sale of Units		90,100,000
ZEVIA PBC [Member] | Subsequent Event [Member] | Common Class B Units [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Partners' Capital Account, Sale of Units		$ 25,500,000
ZEVIA PBC [Member] | Subsequent Event [Member] | IPO [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Number of days from which underwriters after the date of prospectus to exercise their option to purchase additional shares		30 days
ZEVIA PBC [Member] | Subsequent Event [Member] | IPO [Member] | Common Class A [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Stock issued during period shares new issues	10,700,000
Sale of stock, price per share	$ 14
Proceeds from issuance of initial public offering		$ 139,700,000
Number of additional Shares acquired by underwriter from selling stockholders		1,605,000
Underwriting discounts and commissions		$ 10,100,000
ZEVIA PBC [Member] | Common Stock [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Total cash consideration			$ 1
ZEVIA PBC [Member] | Common Stock [Member] | Chief Executive Officer [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Stock issued during period shares new issues				1,000
Total cash consideration				$ 1

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	Jul. 26, 2021	Jul. 21, 2021	Mar. 23, 2021	Jun. 30, 2021	Jun. 30, 2021
Condensed Financial Statements, Captions [Line Items]
Offering cost				$ 3,300,000	$ 4,900,000
Offering cost, included in accounts payable				$ 1,000,000	1,000,000
Subsequent Event [Member]
Condensed Financial Statements, Captions [Line Items]
Proceeds from initial public offering utilized for cancellation Of options outstanding		$ 400,000
Subsequent Event [Member] | Blocker Companies [Member]
Condensed Financial Statements, Captions [Line Items]
Business acquisition, consideration in cash		23,700,000
Subsequent Event [Member] | Common Class A [Member]
Condensed Financial Statements, Captions [Line Items]
Partners' Capital Account, Sale of Units		$ 90,100,000
Subsequent Event [Member] | Common Class A [Member] | Blocker Companies [Member]
Condensed Financial Statements, Captions [Line Items]
Number of shares acquired		23,716,450
Business acquisition, consideration in cash		$ 23,700,000
Subsequent Event [Member] | Common Class B Units [Member]
Condensed Financial Statements, Captions [Line Items]
Partners' Capital Account, Sale of Units		25,500,000
Subsequent Event [Member] | Class A Common Units [Member]
Condensed Financial Statements, Captions [Line Items]
Partners' Capital Account, Sale of Units		$ 90,100,000
IPO [Member] | Subsequent Event [Member]
Condensed Financial Statements, Captions [Line Items]
Number of days from which underwriters after the date of prospectus to exercise their option to purchase additional shares		30 days
IPO [Member] | Subsequent Event [Member] | Common Class A [Member]
Condensed Financial Statements, Captions [Line Items]
Stock issued during period shares new issues	10,700,000
Proceeds from issuance of initial public offering		$ 139,700,000
Number of additional Shares acquired by underwriter from selling stockholders		1,605,000
Sale of stock, price per share	$ 14
Underwriting discounts and commissions		$ 10,100,000
ZEVIA PBC [Member]
Condensed Financial Statements, Captions [Line Items]
Total cash consideration					1,070,000,000
ZEVIA PBC [Member] | Subsequent Event [Member]
Condensed Financial Statements, Captions [Line Items]
Proceeds from initial public offering utilized for cancellation Of options outstanding		400,000
ZEVIA PBC [Member] | Subsequent Event [Member] | Blocker Companies [Member]
Condensed Financial Statements, Captions [Line Items]
Business acquisition, consideration in cash		23,700,000
ZEVIA PBC [Member] | Subsequent Event [Member] | Common Class A [Member]
Condensed Financial Statements, Captions [Line Items]
Partners' Capital Account, Sale of Units		90,100,000
ZEVIA PBC [Member] | Subsequent Event [Member] | Common Class B Units [Member]
Condensed Financial Statements, Captions [Line Items]
Partners' Capital Account, Sale of Units		25,500,000
ZEVIA PBC [Member] | Subsequent Event [Member] | Class A Common Units [Member]
Condensed Financial Statements, Captions [Line Items]
Partners' Capital Account, Sale of Units		$ 90,100,000
ZEVIA PBC [Member] | IPO [Member]
Condensed Financial Statements, Captions [Line Items]
Offering cost					$ 8,400,000
ZEVIA PBC [Member] | IPO [Member] | Subsequent Event [Member]
Condensed Financial Statements, Captions [Line Items]
Number of days from which underwriters after the date of prospectus to exercise their option to purchase additional shares		30 days
ZEVIA PBC [Member] | IPO [Member] | Subsequent Event [Member] | Common Class A [Member]
Condensed Financial Statements, Captions [Line Items]
Stock issued during period shares new issues	10,700,000
Proceeds from issuance of initial public offering		$ 139,700,000
Number of additional Shares acquired by underwriter from selling stockholders		1,605,000
Sale of stock, price per share	$ 14
Underwriting discounts and commissions		$ 10,100,000
ZEVIA PBC [Member] | Common Stock [Member]
Condensed Financial Statements, Captions [Line Items]
Number of shares acquired			1,000
Price per share			$ 0.001
Total cash consideration			$ 1

Revenues - Summary of Disaggreg

Revenues - Summary of Disaggregation of Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Disaggregation of Revenue [Line Items]
Net sales	$ 34,352	$ 27,677	$ 65,046	$ 50,167
Retail sales [Member]
Disaggregation of Revenue [Line Items]
Net sales	30,902	23,482	56,769	43,404
Online/ecommerce [Member]
Disaggregation of Revenue [Line Items]
Net sales	$ 3,450	$ 4,195	$ 8,277	$ 6,763

Revenues - Additional Informati

Revenues - Additional Information (Detail) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Revenue, remaining performance obligation, amount	$ 0	$ 0

Inventories, Net - Summary of I

Inventories, Net - Summary of Inventories (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Inventory Disclosure [Abstract]
Raw materials	$ 8,014	$ 8,155
Finished goods	14,530	12,645
Inventories, net	$ 22,544	$ 20,800

Property and Equipment, Net - S

Property and Equipment, Net - Summary of Property and Equipment (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 4,686	$ 2,735
Less accumulated depreciation	(2,033)	(1,744)
Property and equipment, net	2,653	991
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 468	468
Leasehold Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Useful Life	2
Leasehold Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Useful Life	1
Computer Equipment and Software [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 1,724	1,454
Useful Life	3
Furniture and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 672	473
Furniture and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Useful Life	6
Furniture and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Useful Life	3
Quality Control Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 140	$ 340
Useful Life	6
Building [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 1,346
Useful Life	30
Land [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 336

Property and Equipment, Net - A

Property and Equipment, Net - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 0.2	$ 0.2	$ 0.4	$ 0.3

Intangible Assets, Net - Summar

Intangible Assets, Net - Summary of Intangible Assets (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Schedule Of Intangible Assets [Line Items]
Accumulated amortization	$ (2,169)	$ (2,068)
Finite-Lived intangible assets, net	838	939
Intangible assets, net	$ 3,838	3,939
Trademarks [Member]
Schedule Of Intangible Assets [Line Items]
Useful lives	Indefinite
Indefinite-lived intangible assets, excluding goodwill	$ 3,000	3,000
Customer Relationships [Member]
Schedule Of Intangible Assets [Line Items]
Useful lives	15 years
Finite-Lived intangible assets, gross	$ 3,007	$ 3,007

Intangible Assets, Net - Summ_2

Intangible Assets, Net - Summary of Expected Amortization Expense for Intangible Assets with Definite Lives (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Remainder of 2021	$ 100
2022	200
2023	200
2024	200
2025	138
Expected amortization expense for intangible assets with definite lives	$ 838	$ 939

Intangible Assets, Net - Additi

Intangible Assets, Net - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Amortization expense	$ 51,000	$ 51,000	$ 100,000	$ 100,000
Impairment losses on intangible assets			$ 0	$ 0

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 01, 2021	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit maximum borrowing capacity					$ 9,000
Line of credit Maturity date					Apr. 15, 2022
Line of credit interest rate		7.50%		7.50%
Outstanding balance of line of credit		$ 0		$ 0
Extended line of credit maturity date	Apr. 15, 2023
Amended Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Increase amount of line of credit			$ 12,000

Leases - Summary of Lease Costs

Leases - Summary of Lease Costs As Follows (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Income Statement
Operating lease cost	$ 302	$ 302
Lease income related to operating leases	32	0
Other Information
Operating cash flows from operating leases	$ 330	$ 319
Weighted-average remaining lease term (months)	10 months 12 days	22 months 9 days
Weighted-average discount rate	7.56%	7.56%

Leases - Summary of Maturities

Leases - Summary of Maturities of Lease Payments Under Non Cancellable Leases Were As Follows (Detail) $ in Thousands	Jun. 30, 2021USD ($)
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
Remainder of 2021	$ 336
2022	240
2023	1
Total lease payments	577
Less Imputed Interest	(19)
Present value of lease liabilities	$ 558

Balance Sheet Components - Summ

Balance Sheet Components - Summary of Accrued Expenses (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Payables and Accruals [Abstract]
Accrued customer paid bottle deposits	$ 711	$ 563
Accrued incentive compensation	1,250	2,826
Accrued other	1,728	40
Total	$ 3,689	$ 3,429

Balance Sheet Components - Su_2

Balance Sheet Components - Summary of Other Current Liabilities (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Payables and Accruals [Abstract]
Accrued vacation liability	$ 857	$ 728
Accrued Purchases	1,857	1,201
Other current liabilities	1,067	322
Total current liabilities	$ 3,781	$ 2,251

Equity-Based Compensation - Add

Equity-Based Compensation - Additional Information (Detail) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 31, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share options granted during the period				0	0
Share-based Payment Arrangement, Expense		$ 36,000	$ 29,000	$ 73,000	$ 58,000
Weighted Average Remaining Contractual Terms				1 year 10 months 24 days
Unrecognized unit compensation expense on unvested unit options		400,000		$ 400,000
Restricted Class C Common Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share options granted during the period	878,250
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	10 years
Number of Months fully vested after the effective date of IPO	6 months
Number of Monthly Installments Granted Equally Following The Termination Of Lockup Period	36 months
Share-based Compensation Arrangement by Share-based Payment Award, Award Requisite Service Period	30 days
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Payment Arrangement, Expense				0	$ 0	$ 57,500,000
Amount of cost to be recognized for non-vested award under share-based payment arrangement		$ 106,600,000		$ 106,600,000

Major Customers, Accounts Rec_3

Major Customers, Accounts Receivable And Vendor Concentration - Summary Sales to Significant Customers (Detail)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Customer Concentration Risk [Member] | Revenue from Contract with Customer Benchmark [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			10.00%
Customer Concentration Risk [Member] | Revenue from Contract with Customer Benchmark [Member] | Customer A [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	19.00%	18.00%	18.00%	19.00%
Customer Concentration Risk [Member] | Revenue from Contract with Customer Benchmark [Member] | Customer B [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	17.00%	19.00%	17.00%	17.00%
Customer Concentration Risk [Member] | Revenue from Contract with Customer Benchmark [Member] | Customer C [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	11.00%	12.00%	11.00%	13.00%
Customer Concentration Risk [Member] | Revenue from Contract with Customer Benchmark [Member] | Customer D [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	8.00%	13.00%	11.00%	12.00%
Customer Concentration Risk [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			10.00%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Customer A [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			8.00%		11.00%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Customer B [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			22.00%		17.00%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Customer E [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			11.00%		14.00%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Customer F [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			11.00%		2.00%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Customer G [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			6.00%		12.00%
Supplier Concentration Risk [Member] | Cost of Goods and Service Benchmark [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			10.00%
Supplier Concentration Risk [Member] | Cost of Goods and Service Benchmark [Member] | Vendor A [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	30.00%	31.00%	32.00%	32.00%
Supplier Concentration Risk [Member] | Cost of Goods and Service Benchmark [Member] | Vendor B [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	24.00%	18.00%	23.00%	21.00%
Supplier Concentration Risk [Member] | Cost of Goods and Service Benchmark [Member] | Vendor C [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	12.00%	9.00%	13.00%	9.00%
Supplier Concentration Risk [Member] | Cost of Goods and Service Benchmark [Member] | Vendor D [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	2.00%	18.00%	2.00%	11.00%

Major Customers, Accounts Rec_4

Major Customers, Accounts Receivable And Vendor Concentration - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2021
Customer Concentration Risk [Member] | Revenue from Contract with Customer Benchmark [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	10.00%
Customer Concentration Risk [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	10.00%
Supplier Concentration Risk [Member] | Cost of Goods and Service Benchmark [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	10.00%

Net Income (loss) Per Unit At_3

Net Income (loss) Per Unit Attributable To Common Unit Holders - Summary of Income (Loss) Per Unit (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020
Earnings Per Share [Abstract]
Net income (loss)	$ (749)	$ 247	$ 3,107	$ (2,594)	$ (502)	$ 513
Less: Impact of assumed conversions
Income allocated to participating units			(2,647)			(434)
Net income (loss) available to Class A, Class B and Class C common unit members	$ (749)		$ 460		$ (502)	$ 79
Units used in computation:
Weighted -average common units outstanding, Basic	2,476,386		4,549,828		2,469,518	4,549,828
Common equivalent units from options to purchase common units, restricted units, and conversion of redeemable convertible preferred units			26,197,919			25,058,008
Weighted average common units outstanding, Diluted	2,476,386		30,747,747		2,469,518	29,607,836
Basic net income (loss) per unit	$ (0.30)		$ 0.10		$ (0.20)	$ 0.02
Diluted net income (loss) per unit	$ (0.30)		$ 0.10		$ (0.20)	$ 0.02

Net Income (loss) Per Unit At_4

Net Income (loss) Per Unit Attributable To Common Unit Holders - Summary of Net Income (Loss) Per Unit Under The Two Class Method (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
As reported – basic	$ (749)	$ 247	$ 3,107	$ (2,594)	$ (502)	$ 513
Deduct:
Undistributed earnings allocated to participating securities			(2,647)			(434)
Allocation of net income (loss) to Common Class A, B & C Unit members	$ (749)		$ 460		$ (502)	$ 79
Weighted average common units outstanding, basic	2,476,386		4,549,828		2,469,518	4,549,828
Basic net income (loss) per unit	$ (0.30)		$ 0.10		$ (0.20)	$ 0.02
Total shares – Diluted	2,476,386		30,747,747		2,469,518	29,607,836
Diluted net income per unit	$ (0.30)		$ 0.10		$ (0.20)	$ 0.02
Class A Common Unitholders [Member]
Deduct:
Allocation of net income (loss) to Common Class A, B & C Unit members	$ (722)		$ 450		$ (485)	$ 77
Weighted average common units outstanding, basic	2,387,994		4,450,341		2,383,570	4,450,555
Basic net income (loss) per unit	$ (0.30)		$ 0.10		$ (0.20)	$ 0.02
Numerator adjustment for diluted Incentive unit options and Restricted Class A common units ("RCCA")/ RCCC			$ 2,537			$ 418
Options (Dilutive)			1,524,199			1,524,152
Redeemable convertible preferred units converted to common			22,558,386			22,558,386
RCCAs and RCCCs (Dilutive)			1,022,334			29,875
Total shares – Diluted			29,555,260			28,562,968
Diluted net income per unit			$ 0.10			$ 0.02
Class B Common Unitholders [Member]
Deduct:
Allocation of net income (loss) to Common Class A, B & C Unit members	$ (13)		$ 5		$ (9)	$ 1
Weighted average common units outstanding, basic	43,387		49,459		42,128	49,417
Basic net income (loss) per unit	$ (0.30)		$ 0.10		$ (0.20)	$ 0.02
Numerator adjustment for diluted Incentive unit options and Restricted Class A common units ("RCCA")/ RCCC			$ 29			$ 5
Options (Dilutive)			289,321			289,314
Total shares – Diluted			338,780			338,731
Diluted net income per unit			$ 0.10			$ 0.02
Class C Common Unitholders [Member]
Deduct:
Allocation of net income (loss) to Common Class A, B & C Unit members	$ (14)		$ 5		$ (9)	$ 1
Weighted average common units outstanding, basic	45,005		50,028		43,820	49,856
Basic net income (loss) per unit	$ (0.30)		$ 0.10		$ (0.20)	$ 0.02
Numerator adjustment for diluted Incentive unit options and Restricted Class A common units ("RCCA")/ RCCC			$ 81			$ 11
Options (Dilutive)			655,298			655,040
RCCAs and RCCCs (Dilutive)			148,381			1,241
Total shares – Diluted			853,707			706,137
Diluted net income per unit			$ 0.10			$ 0.02

Net Income (loss) Per Unit At_5

Net Income (loss) Per Unit Attributable To Common Unit Holders - Summary of Antidilutive Securities Excluded From Computation of Earnings Per Share (Detail) - shares	3 Months Ended	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2021
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	663,965	663,965
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	3,872,572	3,516,370
Redeemable Convertible Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	26,322,803	26,322,803

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	Jul. 21, 2021	Jul. 31, 2021	Jun. 30, 2021	Mar. 23, 2021
Zevia PBC [Member]
Subsequent Event [Line Items]
Common stock shares authorized			1,000	1,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Common stock shares authorized	800,000,000
Preferred Stock, Shares Authorized	10,000,000
Proceeds from initial public offering utilized for cancellation Of options outstanding	$ 0.4
Tax payment percentage from net cash tax savings		85.00%
Subsequent Event [Member] | Zevia LLC [Member]
Subsequent Event [Line Items]
Percentage of ownership and economic interest held by parent	53.30%
Percentage of ownership and economic interest held by non-controlling interest	46.70%
Subsequent Event [Member] | Blocker Companies [Member]
Subsequent Event [Line Items]
Business acquisition, consideration in cash	$ 23.7
Subsequent Event [Member] | Amended Revolving Credit Facility [Member] | Termination of Revolving Line of Credit [Member]
Subsequent Event [Line Items]
Line of Credit Facility, Expiration Date		Apr. 15, 2023
Subsequent Event [Member] | Restricted Class C Common Units [Member]
Subsequent Event [Line Items]
Number of grants made during the period		121,750
Fair value of grants during the period		$ 3.4
Share-based Payment Arrangement, Plan Modification, Incremental Cost		$ 33.9
Subsequent Event [Member] | Restricted Stock Units (RSUs) [Member] | Equity Incentive Plan 2021 [Member]
Subsequent Event [Line Items]
Number of grants made during the period		17,300
Fair value of grants during the period		$ 0.2
Subsequent Event [Member] | Employee Stock Option [Member] | Equity Incentive Plan 2021 [Member]
Subsequent Event [Line Items]
Number of grants made during the period		186,000
Fair value of grants during the period		$ 2.6
Subsequent Event [Member] | Over-Allotment Option [Member]
Subsequent Event [Line Items]
Underwriting discounts and commissions	$ 10.1
Subsequent Event [Member] | Zevia PBC [Member]
Subsequent Event [Line Items]
Common stock shares authorized	800,000,000
Preferred Stock, Shares Authorized	10,000,000
Proceeds from initial public offering utilized for cancellation Of options outstanding	$ 0.4
Tax payment percentage from net cash tax savings	85.00%
Subsequent Event [Member] | Zevia PBC [Member] | Zevia LLC [Member]
Subsequent Event [Line Items]
Percentage of ownership and economic interest held by parent	53.50%
Percentage of ownership and economic interest held by non-controlling interest	46.70%
Subsequent Event [Member] | Zevia PBC [Member] | Blocker Companies [Member]
Subsequent Event [Line Items]
Business acquisition, consideration in cash	$ 23.7
Subsequent Event [Member] | Zevia PBC [Member] | Over-Allotment Option [Member]
Subsequent Event [Line Items]
Underwriting discounts and commissions	$ 10.1
Subsequent Event [Member] | Common Class A [Member]
Subsequent Event [Line Items]
Common stock shares authorized	550,000,000
Partners' Capital Account, Sale of Units	$ 90.1
Issuance of units	6,900,000
Stock issued during period new issues to underwriters	1,605,000
Subsequent Event [Member] | Common Class A [Member] | Blocker Companies [Member]
Subsequent Event [Line Items]
Business acquisition, percentage of owners acquired	100.00%
Business acquisition, equity interest issued, number of shares	23,716,450
Business acquisition, consideration in cash	$ 23.7
Subsequent Event [Member] | Common Class A [Member] | Over-Allotment Option [Member]
Subsequent Event [Line Items]
Number of new stock issued during the period	10,700,000
Sale of Stock, Price Per Share	$ 14
Stock Issued During Period, Value, New Issues	$ 149.8
Subsequent Event [Member] | Common Class A [Member] | Zevia PBC [Member]
Subsequent Event [Line Items]
Common stock shares authorized	550,000,000
Partners' Capital Account, Sale of Units	$ 90.1
Issuance of units	6,900,000
Subsequent Event [Member] | Common Class A [Member] | Zevia PBC [Member] | Over-Allotment Option [Member]
Subsequent Event [Line Items]
Number of new stock issued during the period	10,700,000
Sale of Stock, Price Per Share	$ 14
Stock Issued During Period, Value, New Issues	$ 149.8
Subsequent Event [Member] | Common Class B [Member]
Subsequent Event [Line Items]
Common stock shares authorized	250,000,000
Partners' Capital Account, Sale of Units	$ 25.5
Issuance of units	1,956,142
Subsequent Event [Member] | Common Class B [Member] | Zevia PBC [Member]
Subsequent Event [Line Items]
Common stock shares authorized	250,000,000
Partners' Capital Account, Sale of Units	$ 25.5
Issuance of units	1,956,142
Subsequent Event [Member] | Class B Common Units [Member]
Subsequent Event [Line Items]
Common Stock, Exchange Basis	one-for-one basis
Subsequent Event [Member] | Class B Common Units [Member] | Zevia PBC [Member]
Subsequent Event [Line Items]
Common Stock, Exchange Basis	one-for-one basis