Solo Brands (DTC) 10-Q 10 Nov 22 2022 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2022	Nov. 07, 2022
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	001-40979
Entity Registrant Name	Solo Brands, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	87-1360865
Entity Address, Address Line One	1001 Mustang Dr.
Entity Address, City or Town	Grapevine,
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	76051
City Area Code	817
Local Phone Number	900-2664
Title of 12(b) Security	Class A Common Stock, $0.001 par value per share
Trading Symbol	DTC
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001870600
Current Fiscal Year End Date	--12-31
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		63,591,467
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		32,111,495

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 17,178	$ 25,101
Accounts receivable, net of allowance for doubtful accounts of $1.5 million and $0.3 million	21,855	21,513
Inventory	165,757	102,335
Prepaid expenses and other current assets	19,162	9,889
Total current assets	223,952	158,838
Non-current assets
Property and equipment, net	14,607	10,603
Intangible assets, net	239,697	257,234
Goodwill	382,658	410,559
Other non-current assets	36,547	506
Total non-current assets	673,509	678,902
Total assets	897,461	837,740
Current liabilities
Accounts payable	22,179	11,774
Accrued expenses and other current liabilities	30,939	28,150
Deferred revenue	3,414	3,524
Current portion of long-term debt	5,000	3,125
Total current liabilities	61,532	46,573
Non-current liabilities
Long-term debt, net	166,918	125,023
Deferred tax liability	86,194	91,244
Other non-current liabilities	31,038	729
Total non-current liabilities	284,150	216,996
Commitments and contingencies (Note 13)
Shareholders’ equity
Additional paid-in capital	356,104	350,088
Accumulated other comprehensive income	39	6
Retained earnings (accumulated deficit)	(5,587)	10,691
Shareholders’ equity	350,650	360,879
Shareholders’ equity attributable to non-controlling interests	201,129	213,292
Total shareholders’ equity	551,779	574,171
Total liabilities and shareholders’ equity	897,461	837,740
Class A Common Stock
Shareholders’ equity
Common stock issued	63	63
Class B Common Stock
Shareholders’ equity
Common stock issued	$ 31	$ 31

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Allowance for doubtful accounts	$ 1.5	$ 0.3
Class A Common Stock
Common stock par value (in dollars per share)	$ 0.001	$ 0.001
Common stock authorized (in shares)	475,000,000	475,000,000
Common stock issued (in shares)	63,473,831	63,397,635
Common stock outstanding (in shares)	63,473,831	63,397,635
Class B Common Stock
Common stock par value (in dollars per share)	$ 0.001	$ 0.001
Common stock authorized (in shares)	50,000,000	50,000,000
Common stock issued (in shares)	31,436,216	31,178,815
Common stock outstanding (in shares)	31,436,216	31,178,815

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Statement [Abstract]
Net sales		$ 102,162	$ 69,433	$ 320,384	$ 227,249
Cost of goods sold		37,482	28,412	120,175	80,064
Gross profit		64,680	41,021	200,209	147,185
Operating expenses
Selling, general & administrative expenses		59,489	28,584	174,299	76,980
Impairment charges		0	0	30,589	0
Depreciation and amortization expenses		6,216	5,063	18,194	12,968
Other operating expenses		2,260	3,063	3,580	5,673
Total operating expenses		67,965	36,710	226,662	95,621
(Loss) income from operations		(3,285)	4,311	(26,453)	51,564
Non-operating expenses (income)
Interest expense, net		1,805	2,233	3,838	7,350
Other non-operating, net		(90)	7	514	9
Total non-operating expenses, net		1,715	2,240	4,352	7,359
(Loss) income before income taxes		(5,000)	2,071	(30,805)	44,205
Income tax (benefit) expense		(980)	(49)	(3,677)	123
Net (loss) income		(4,020)	2,120	(27,128)	44,082
Less: net (loss) income attributable to noncontrolling interests		1,816	(937)	10,850	(1,166)
Net (loss) income attributable to controlling interests	[1]	(2,204)	1,183	(16,278)	42,916
Other comprehensive (loss) income
Foreign currency translation, net of tax		(21)	0	49	0
Comprehensive (loss) income		(4,041)	2,120	(27,079)	44,082
Less: other comprehensive (loss) income attributable to noncontrolling interests		(7)	0	16	0
Less: net (loss) income attributable to noncontrolling interests		1,816	(937)	10,850	(1,166)
Comprehensive (loss) income attributable to controlling interests	[1]	$ (2,218)	$ 1,183	$ (16,245)	$ 42,916
Net (loss) income per share
Basic (in dollars per share)	[2]	$ (0.03)		$ (0.26)
Diluted (in dollars per share)	[2]	$ (0.03)		$ (0.26)
Weighted-average shares outstanding
Basic (in shares)	[2]	63,470,000		63,429,000
Diluted (in shares)	[2]	63,470,000		63,429,000
[1]Controlling interests refers to Solo Brands, Inc. for the three and nine month periods ended September 30, 2022 and Solo Stove Holdings, LLC for the three and nine month periods ended September 30, 2021.[2]Refer to Note 16, Net (Loss) Income Per Share, for why the earnings per share information has not been presented for the periods three and nine months ended September 30, 2021.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$ (27,128)	$ 44,082
Adjustments to reconcile net (loss) income to net cash and cash equivalents (used in) provided by operating activities
Impairment charges	30,589	0
Amortization of intangible assets	15,748	12,667
Equity-based compensation	13,213	732
Deferred income taxes	(6,592)	(944)
Operating lease right-of-use assets expense	4,891	0
Depreciation	2,446	301
Changes in accounts receivable reserves	1,262	103
Amortization of debt issuance costs	645	0
Loss on disposal of property and equipment	(8)	0
Non-cash interest expense	0	1,944
Changes in assets and liabilities
Accounts receivable	(2,003)	(8,715)
Inventory	(64,244)	(62,343)
Prepaid expenses and other current assets	(9,342)	(4,621)
Accounts payable	11,198	3,736
Accrued expenses and other current liabilities	(2,151)	(18,833)
Deferred revenue	(96)	(20,141)
Other non-current assets and liabilities	(3,758)	368
Net cash (used in) provided by operating activities	(35,330)	(51,664)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(7,512)	(5,104)
Acquisitions, net of cash acquired	(774)	(133,308)
Net cash (used in) provided by investing activities	(8,286)	(138,412)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from long-term debt	45,000	358,600
Repayments of long-term debt	(1,875)	(54,600)
Debt issuance costs paid	0	(4,234)
Payment of contingent consideration	0	(100,000)
Contributions from members before Reorganization Transactions	0	250
Distributions to members before Reorganization Transactions	0	(33,164)
Distributions to non-controlling interests	(7,275)	0
Stock issued under employee stock purchase plan	246	0
Net cash provided by financing activities	36,096	166,852
Effect of exchange rate changes on cash	(403)	0
Net change in cash and cash equivalents	(7,923)	(23,224)
Cash and cash equivalents balance, beginning of period	25,101	32,753
Cash and cash equivalents balance, end of period	17,178	9,529
SUPPLEMENTAL DISCLOSURES:
Cash interest paid	2,966	5,292
Cash income taxes paid	13,026	42
Liabilities for capital expenditure additions	64	0
Oru Kayak, Inc.
SUPPLEMENTAL NONCASH INVESTING AND FINANCING DISCLOSURES:
Non-cash issuance of Class B units	0	16,486
ISLE
SUPPLEMENTAL NONCASH INVESTING AND FINANCING DISCLOSURES:
Non-cash issuance of Class B units	0	16,494
Chubbies, Inc.
SUPPLEMENTAL NONCASH INVESTING AND FINANCING DISCLOSURES:
Non-cash issuance of Class B units	$ 0	$ 29,075

Consolidated Statements of Shar

Consolidated Statements of Shareholders’ and Members’ Equity (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Total	Additional Paid-in Capital	Accumulated Other Comprehensive Income	Retained Earnings (Accumulated Deficit)	Non-controlling Interest	Class A Common Stock	Class A Common Stock Common Stock	Class B Common Stock	Class B Common Stock Common Stock	Class A Units Member Units	Class B Units	Class B Units Member Units	Incentive Units Member Units
Beginning balance (in shares) at Dec. 31, 2020										250,000		175,000
Beginning balance at Dec. 31, 2020	$ 332,100			$ (8,318)	$ 0					$ 237,309		$ 103,109	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	22,234			22,234
Equity-based compensation prior to Reorganization Transactions	229												229
Ending balance (in shares) at Mar. 31, 2021										250,000		175,000
Ending balance at Mar. 31, 2021	354,563			13,916	0					$ 237,309		$ 103,109	229
Beginning balance (in shares) at Dec. 31, 2020										250,000		175,000
Beginning balance at Dec. 31, 2020	332,100			(8,318)	0					$ 237,309		$ 103,109	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	44,082
Ending balance (in shares) at Sep. 30, 2021										250,000		195,321
Ending balance at Sep. 30, 2021	404,889			34,598	0					$ 205,805		$ 163,754	732
Beginning balance (in shares) at Mar. 31, 2021										250,000		175,000
Beginning balance at Mar. 31, 2021	354,563			13,916	0					$ 237,309		$ 103,109	229
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	19,728			19,499	229
Equity-based compensation prior to Reorganization Transactions	261												261
Member tax distributions	(26,052)									$ (24,704)		$ (1,348)
Noncontrolling interest in Oru	15,320				15,320
Ending balance (in shares) at Jun. 30, 2021										250,000		175,000
Ending balance at Jun. 30, 2021	363,820			33,415	15,549					$ 212,605		$ 101,761	490
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	2,120			1,183	937
Equity-based compensation prior to Reorganization Transactions	242												242
Member tax distributions	(7,112)									(6,800)	$ (312)
Contributions	250									$ 0		250
Contributions (in shares)											60
Issuance of Class B units for acquisitions (in shares)											10,996
Issuance of Class B units for acquisitions	45,569											$ 45,569
Purchase of remaining interest in Oru (in shares)												9,265
Purchase of remaining interest in Oru	0				(16,486)							$ 16,486
Ending balance (in shares) at Sep. 30, 2021										250,000		195,321
Ending balance at Sep. 30, 2021	404,889			34,598	0					$ 205,805		$ 163,754	$ 732
Beginning balance (in shares) at Dec. 31, 2021							63,397		31,179
Beginning balance at Dec. 31, 2021	574,171	$ 350,088	$ 6	10,691	213,292		$ 63		$ 31
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(3,235)			(2,035)	(1,200)
Equity-based compensation, net of tax	4,437	3,300			1,137
Other Comprehensive Income (Loss)	24		16		8
Tax distributions to non-controlling interests	(4,290)				4,290
Vested equity-based compensation and re-allocation of ownership percentage (in shares)						4		90
Vested equity-based compensation and re-allocation of ownership percentage	0	(380)			380
Ending balance (in shares) at Mar. 31, 2022							63,401		31,269
Ending balance at Mar. 31, 2022	571,107	353,008	22	8,656	209,327		$ 63		$ 31
Beginning balance (in shares) at Dec. 31, 2021							63,397		31,179
Beginning balance at Dec. 31, 2021	574,171	350,088	6	10,691	213,292		$ 63		$ 31
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(27,128)
Ending balance (in shares) at Sep. 30, 2022							63,473		31,436
Ending balance at Sep. 30, 2022	551,779	356,104	39	(5,587)	201,129		$ 63		$ 31
Beginning balance (in shares) at Mar. 31, 2022							63,401		31,269
Beginning balance at Mar. 31, 2022	571,107	353,008	22	8,656	209,327		$ 63		$ 31
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(19,873)	0		(12,039)	(7,834)
Equity-based compensation, net of tax	3,427	2,293			1,134
Other Comprehensive Income (Loss)	46		31		15
Tax distributions to non-controlling interests	(251)				(251)
Employee stock purchase plan (in shares)							60		0
Employee stock purchase plan	246	246
Vested equity-based compensation and re-allocation of ownership percentage (in shares)								94
Vested equity-based compensation and re-allocation of ownership percentage	0	(1,726)		0	1,726
Ending balance (in shares) at Jun. 30, 2022							63,461		31,363
Ending balance at Jun. 30, 2022	554,702	353,821	53	(3,383)	204,117		$ 63		$ 31
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(4,020)	0		(2,204)	(1,816)
Equity-based compensation, net of tax	3,824	2,710			1,114
Other Comprehensive Income (Loss)	(21)		(14)		(7)
Tax distributions to non-controlling interests	(2,706)	0			(2,706)
Vested equity-based compensation and re-allocation of ownership percentage (in shares)							12		73
Vested equity-based compensation and re-allocation of ownership percentage	0	(427)			427
Ending balance (in shares) at Sep. 30, 2022							63,473		31,436
Ending balance at Sep. 30, 2022	$ 551,779	$ 356,104	$ 39	$ (5,587)	$ 201,129		$ 63		$ 31

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies Included below are selected significant accounting policies including those that were added or modified during the nine months ended September 30, 2022 as a result of the adoption of new accounting policies. Refer to Note 2, Significant Accounting Policies, within the annual consolidated financial statements in the Company’s 2021 Form 10-K for the full list of significant accounting policies. Basis of Presentation The unaudited consolidated financial statements contained herein have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) and the rules of the U.S. Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in the unaudited consolidated financial statements prepared in accordance with U.S. GAAP have been omitted pursuant to applicable rules and regulations of the SEC. The unaudited consolidated financial statements include the wholly-owned subsidiaries. Intercompany balances and transactions are eliminated in consolidation. These unaudited consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements included in the Annual Report on Form 10-K filed with the SEC for the year ended December 31, 2021. Certain prior period amounts have been conformed to the current period’s presentation. Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses during the reporting period and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Estimates and assumptions about future events and their effects cannot be made with certainty. Estimates may change as new events occur when additional information becomes available and if the operating environment changes. Actual results could differ from estimates. Leases The Company leases space for warehouses, stores and corporate space under operating leases expiring at various times through 2029. The Company accounts for leases in accordance with Accounting Standards Codification (“ASC”) No. 842, Leases. The Company determines if an arrangement is a lease at inception of a contract if the terms state the Company has the right to direct the use of, and obtain substantially all the economic benefits from, a specific asset identified in the contract. The right-of-use (“ROU”) assets represent the Company's right to use the underlying assets for the lease term, and the lease liabilities represent the obligation to make lease payments arising from the leases. The Company records its ROU assets in other non-current assets, its current lease liabilities in accrued expenses and other current liabilities and its non-current lease liabilities in other non-current liabilities. ROU assets and lease liabilities are recognized at commencement date based on the present value of lease payments to be made over the lease term. Certain of the Company's lease agreements contain options to extend the lease. The Company evaluates these options on a lease-by-lease basis, and if the Company determines it is reasonably certain to be exercised, the lease term includes the extension. The Company uses its incremental borrowing rate at lease commencement to determine the present value of lease payments, and lease expense is recognized on a straight-line basis over the lease term. The incremental borrowing rate is the rate of interest the Company could borrow on a collateralized basis over a similar term with similar payments. The Company does not record leases with an initial term of twelve months or less (“short-term leases”). Certain of the Company's lease agreements include payments for certain variable costs not determinable upon lease commencement, including common area maintenance, utilities, property taxes and inflation adjustments, as well as fixed payments for non-lease components, including common area maintenance. These variable and fixed lease payments are recognized in selling, general and administrative expenses, but are not included in the ROU asset or lease liability balances. The Company's lease agreements do not contain any material residual value guarantees, restrictions or covenants. Recently Adopted Accounting Pronouncements In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842), and has modified the standard thereafter, which supersedes the lease requirements in ASC 840. The ASU requires lessees to recognize a right-of-use asset and related lease liability for all leases, with a limited exception for short-term leases. Leases will be classified as either finance or operating, with the classification affecting the pattern of expense recognition in the statement of operations. Prior to this new standard, leases were classified as either capital or operating, with only capital leases recognized on the consolidated balance sheets. The Company did not have any capital leases prior to or upon adoption of ASU 2016-02. The Company adopted this standard on January 1, 2022 using the modified retrospective transition approach. Upon adoption of ASU 2016-02, the Company recorded the following amounts associated with operating leases in its consolidated balance sheet at January 1, 2022: $24.9 million of ROU assets in other non-current assets, $4.1 million of lease liabilities in accrued expenses and other current liabilities and $21.4 million of lease liabilities in other non-current liabilities. There was no impact to the opening balance of retained earnings as a result of implementing ASU 2016-02. The Company elected the package of three practical expedients available under the ASU, which allows entities to carryforward accounting conclusions under previous GAAP by not reassessing the following: (a) whether a contract is or contains a lease, (b) lease classification or (c) determination of initial direct costs. Additionally, the Company implemented appropriate changes to internal processes and controls to support recognition, subsequent measurement and disclosures. Recently Issued Accounting Pronouncements - Not Yet Adopted In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments. The ASU includes changes to the accounting and measurement of financial assets, including the Company’s accounts receivable and held-to-maturity debt securities, by requiring the Company to recognize an allowance for all expected losses over the life of the financial asset at origination. This is different from the current practice, where an allowance is not recognized until the losses are considered probable. The ASU also changes the way credit losses are recognized for available-for-sale debt securities. Credit losses are recognized through the recording of an allowance rather than as a write-down of the carrying value. In November 2019, the FASB issued ASU 2019-10, deferring the effective date of ASU 2016-13 to annual periods beginning after December 15, 2022. Upon adoption, the ASU will be applied using a modified retrospective transition method to the beginning of the earliest period presented. A prospective transition approach is required for debt securities for which an other-than-temporary impairment had been recognized before the effective date. Although early adoption is permitted, the Company does not plan to early adopt. The Company does not expect the adoption of this standard to have a material impact on its consolidated financial statements. In March 2020, the FASB issued ASU 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting,” an update that provides optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships and other transactions affected by reference rate reform if certain criteria are met. The optional guidance is provided to ease the potential burden of accounting for reference rate reform. The guidance is effective as of March 12, 2020 and is available for contract modifications through December 31, 2022. The Company does not expect the adoption of this standard to have a material impact on its consolidated financial statements. In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. The ASU requires that an acquirer recognize and measure contract assets and liabilities acquired in a business combination in accordance with ASU 2014-09, Revenue from Contracts with Customers (Topic 606). The guidance is effective for annual periods beginning after December 15, 2023, including interim periods therein, with early adoption permitted. The guidance will be applied prospectively to acquisitions occurring on or after the effective date. The Company will continue to evaluate the impact of this guidance, which will depend on the contract assets and liabilities acquired in future business combinations.

Revenue

Revenue	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue	Revenue The Company primarily engages in direct-to-consumer transactions, which is comprised of product sales directly from the Company’s website, and business-to-business transactions, or wholesale, which is comprised of product sales to retailers, including where possession of the Company's products is taken and sold by the retailer in-store or online. The following table disaggregates net sales by channel: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Net sales by channel Direct-to-consumer $ 86,306 $ 58,081 $ 262,632 $ 191,492 Wholesale 15,856 11,352 57,752 35,757 Total net sales $ 102,162 $ 69,433 $ 320,384 $ 227,249

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions The following transactions were accounted for under the acquisition method of accounting for business combinations. Oru Kayak, Inc. On May 3, 2021, Solo Brands, LLC, a wholly-owned subsidiary of Holdings, acquired 60% of the voting equity interests in Oru Kayak, Inc. (“Oru”) for total cash consideration of $25.4 million. Additionally, the Company elected to purchase the remaining 40% on September 8, 2021 in exchange for 9.3 million Class B units of Solo Stove Holdings, LLC. The purchase of the remaining 40% was priced using Oru’s last twelve months adjusted EBITDA times a predetermined multiple. The Company acquired Oru to increase its brand and market share in the overall outdoor activities industry, as Oru manufactures, markets, and sells kayak boats and kayak accessories. The excess enterprise value of Oru over the estimated fair value of assets and liabilities assumed was recorded as goodwill. Goodwill was recorded to reflect the excess purchase consideration over net assets acquired, which represents the value that is expected from expanding the Company’s product offerings and other synergies. Factors that contributed to the recognition of goodwill included the expected future revenue growth of Oru. None of the goodwill recognized was expected to be deductible for tax purposes. A working capital settlement of $0.2 million was paid during the first quarter of 2022, and purchase accounting has been finalized. The following table summarizes the fair values of the assets acquired and liabilities assumed by the Company at the acquisition date: Cash $ 6,307 Accounts receivable 357 Inventory 4,171 Property and equipment 436 Prepaid expenses and other assets 902 Intangible assets 21,115 Accounts payable and accrued liabilities (4,119) Deferred revenue (746) Deferred tax liability (6,247) Total identifiable net assets 22,176 Noncontrolling interest (15,320) Goodwill 18,781 Total 25,637 Less: cash acquired (6,307) Total, net of cash acquired $ 19,330 International Surf Ventures, LLC On August 2, 2021, Solo Brands, LLC, a wholly-owned subsidiary of Holdings, acquired 100% of the voting equity interests in International Surf Ventures, LLC (“ISLE”) for total consideration of cash paid of $24.8 million and Class B units of Solo Stove Holdings, LLC of $16.5 million. The Company acquired ISLE to increase its brand and market share in the overall outdoor activities industry, as ISLE manufactures, markets, and sells stand up paddle boards and paddle board accessories. The excess enterprise value of ISLE over the estimated fair value of assets and liabilities assumed was recorded as goodwill. Goodwill was recorded to reflect the excess purchase consideration over net assets acquired, which represents the value that is expected from expanding the Company’s product offerings and other synergies. Factors that contributed to the recognition of goodwill included the expected future revenue growth of ISLE. None of the goodwill recognized was expected to be deductible for tax purposes. Purchase accounting has been finalized. The following table summarizes the fair values of the assets acquired and liabilities assumed by the Company at the acquisition date: Cash $ 3,085 Accounts receivable 107 Inventory 8,986 Property and equipment 110 Prepaid expenses and other assets 60 Intangible assets 4,121 Accounts payable and accrued liabilities (4,697) Total identifiable net assets 11,772 Goodwill 29,564 Total 41,336 Less: fair value of class B units (16,494) Less: cash acquired (3,085) Total, net of cash acquired $ 21,757 Chubbies, Inc. On September 1, 2021, Solo Brands, LLC, a wholly-owned subsidiary of Holdings, acquired 100% of the voting equity interests in Chubbies, Inc. (“Chubbies”) for total consideration of cash paid of $100.4 million and Class B units of Solo Stove Holdings, LLC of $29.1 million. The Company acquired Chubbies to increase its brand and market share in the overall outdoor activities industry, as Chubbies sells casual wear, sportswear, swimwear, outerwear, loungewear, and other accessories. The excess enterprise value of Chubbies over the estimated fair value of assets and liabilities assumed was recorded as goodwill. Goodwill was recorded to reflect the excess purchase consideration over net assets acquired, which represents the value that is expected from expanding the Company’s product offerings and other synergies. Factors that contributed to the recognition of goodwill included the expected future revenue growth of Chubbies. None of the goodwill recognized was expected to be deductible for tax purposes. A working capital settlement of $0.6 million was paid during the first quarter of 2022, and purchase accounting has been finalized. The following table summarizes the fair values of the assets acquired and liabilities assumed by the Company at the acquisition date: Cash $ 7,990 Accounts receivable 1,962 Inventory 25,360 Property and equipment 401 Prepaid expenses and other assets 893 Intangible assets 47,846 Accounts payable and accrued liabilities (15,011) Deferred revenue (392) Deferred tax liability (12,095) Other non-current liabilities (12) Total identifiable net assets 56,942 Goodwill 73,118 Total 130,060 Less: fair value of class B units (29,075) Less: cash acquired (7,990) Total, net of cash acquired $ 92,995

Inventory

Inventory	9 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
Inventory	Inventory Inventory consisted of the following: September 30, 2022 December 31, 2021 Purchased inventory on hand $ 114,081 $ 64,310 Inventory in transit 46,189 28,064 Raw materials 5,487 2,148 Fair value write-up — 7,813 Inventory $ 165,757 $ 102,335

Property and Equipment, net

Property and Equipment, net	9 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment, net	Property and Equipment, net Property and equipment, net consisted of the following: September 30, 2022 December 31, 2021 Leasehold improvements $ 6,770 $ 6,121 Computer, software, and other equipment 6,873 3,032 Machinery 2,634 1,288 Furniture and fixtures 1,372 746 Construction in progress 131 166 Property and equipment, gross 17,780 11,353 Accumulated depreciation (3,173) (750) Property and equipment, net $ 14,607 $ 10,603 Depreciation expense was $0.9 million and $2.4 million for the three and nine months ended September 30, 2022, compared to $0.1 million and $0.3 million for the three and nine months ended September 30, 2021, respectively. Depreciation expense is recorded to depreciation and amortization expenses on the unaudited consolidated statements of operations and comprehensive (loss) income.

Intangible Assets, net

Intangible Assets, net	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets, net	Intangible Assets, net Intangible assets consisted of the following: September 30, 2022 December 31, 2021 Gross carrying value Brand $ 196,114 $ 196,114 Trademark 33,567 33,457 Customer relationships 28,605 28,605 Developed technology 17,871 17,871 Patents 2,676 1,888 Intangible assets, gross 278,833 277,935 Accumulated amortization and impairments Brand (25,898) (16,036) Trademark (1) (5,378) (901) Customer relationships (3,885) (1,915) Developed technology (3,617) (1,702) Patents (358) (147) Accumulated amortization, gross (39,136) (20,701) Intangible assets, net $ 239,697 $ 257,234 (1) Includes impairment of trademark discussed below. In the second quarter of 2022, as a result of the Company’s identification of triggering events to perform an interim quantitative goodwill impairment test (see Note 7, Goodwill for more information), the Company first considered the extent to which the adverse events and circumstances identified could affect the reporting units’ carrying amounts. The Company observed weakened paddleboard sales resulting in a lower near-term forecast of future operating results, which constituted a triggering event for one of the Company’s held and used long-lived asset groups primarily consisting of a trademark intangible asset. The Company reviewed the undiscounted future cash flows for the identified long-lived asset group, and the results of the analysis indicated the carrying amount for the long-lived asset group was not expected to be recovered. The Company estimated the fair value of the trademark intangible using the relief-from-royalty method under the income approach, based on the following significant assumptions: management’s estimates of future net sales for the long-lived asset group, the royalty rate and the weighted average cost of capital adjusted for the relevant risk associated with the characteristics of the long-lived asset group. The fair value was then compared to the carrying value of the long-lived asset group, and the Company recorded a $2.7 million impairment charge to the trademark intangible asset at June 30, 2022. This impairment charge was recorded to impairment charges on the unaudited consolidated statements of operations and comprehensive (loss) income. As a result of this impairment charge, the Company also reassessed the useful life of this trademark and revised it from fifteen years to five years. This change does not have a material impact to amortization expense in any future year. Amortization expense was $5.3 million and $15.7 million for the three and nine months ended September 30, 2022, compared to $4.9 million and $12.7 million for the three and nine months ended September 30, 2021, respectively. Amortization expense is recorded to depreciation and amortization expenses on the unaudited consolidated statements of operations and comprehensive (loss) income. Estimated amortization expense for the next five years was as follows: Years Ending December 31, Amount 2022 (remaining three months) $ 5,219 2023 20,980 2024 20,980 2025 20,980 2026 20,600 Thereafter 150,938 Total future amortization expense $ 239,697

Goodwill

Goodwill	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Goodwill The carrying value of goodwill was as follows: Balance, December 31, 2021 $ 410,559 Accumulated impairment losses (27,901) Balance, September 30, 2022 $ 382,658 In the second quarter of 2022, the Company identified triggering events indicating the fair value of one or more of the Company’s reporting units more likely than not did not exceed their carrying values. The triggering events included: (1) adverse equity market conditions resulting in a sustained decline in the Company’s stock price subsequent to the Company’s issuance of its first quarter 2022 results on Form 10-Q and (2) weakened demand for the ISLE reporting unit’s products resulting in a lower near-term forecast of future operating results. As a result, the Company performed an interim quantitative goodwill impairment test for all of its reporting units and recorded a $27.9 million goodwill impairment charge related to its ISLE reporting unit, which has $1.7 million of remaining goodwill after the impairment. The results of the interim quantitative test did not result in a goodwill impairment for the Company’s other reporting units. The impairment charge was recorded to impairment charges on the unaudited consolidated statements of operations and comprehensive (loss) income. For 2021, the annual goodwill impairment analysis did not result in impairment charges at any of the Company’s reporting units. The Company estimated the fair value of its reporting units using a weighting of fair values derived from the income and market approaches, where comparable market data was available. Under the income approach, the Company determined the fair value of a reporting unit based on the present value of estimated future cash flows. Cash flow projections were based on management’s estimates of revenue growth rates and operating margins, considering industry and market conditions, and management’s estimates of working capital requirements. The discount rate for each reporting unit was based on a weighted average cost of capital adjusted for the relevant risk associated with the characteristics of each reporting unit and its estimated cash flows. Under the market approach, the Company utilized a combination of methods, including estimates of fair value based on: (1) market multiples of revenue and earnings derived from comparable publicly-traded companies with similar operating and investment characteristics as the reporting unit and (2) pricing multiples derived from recent merger and acquisition transactions of comparable publicly-traded companies. During the third quarter of 2022, the Company did not identify any triggering events indicating the fair value of one or more of the Company’s reporting units more likely than not did not exceed their carrying values.

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	9 Months Ended
	Sep. 30, 2022
Payables and Accruals [Abstract]
Accrued Expenses and Other Current Liabilities	Accrued Expenses and Other Current Liabilities Significant accrued expenses and other current liabilities were as follows: September 30, 2022 December 31, 2021 Leases 6,918 — Inventory purchases 6,823 3,852 Non-income taxes 3,686 5,072 Income taxes 3,074 4,631 Payroll 3,049 6,972 Allowance for sales returns 1,808 1,462 Shipping costs 1,684 1,936 Marketing 1,329 324 Other 2,568 3,901 Accrued expenses and other current liabilities $ 30,939 $ 28,150

Long-Term Debt

Long-Term Debt	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Long-term Debt	Long-Term Debt Long-term debt consisted of the following: September 30, 2022 December 31, 2021 Term loan $ 97,500 $ 99,375 Revolving credit facility 77,500 32,500 Unamortized debt issuance costs (3,082) (3,727) Total debt, net of debt issuance costs 171,918 128,148 Less: current portion of long-term debt 5,000 3,125 Long-term debt, net $ 166,918 $ 125,023 Interest expense related to long-term debt was $1.9 million and $3.9 million for the three and nine months ended September 30, 2022, compared to $2.2 million and $7.4 million for the three and nine months ended September 30, 2021, respectively. Revolving Credit Facility and Term Loan On May 12, 2021, the Company entered into a credit agreement with a bank (the “Revolving Credit Facility”). Under the terms of this agreement, the Company may borrow up to $200 million under a revolving credit facility. On June 2, 2021, and on September 1, 2021, the Company entered into amendments to the Revolving Credit Facility, which resulted in an increase in the maximum amount available under the Revolving Credit Facility to $350.0 million. Under the terms of the Revolving Credit Facility, the Company has access to certain swing line loans and letters of credit. The Revolving Credit Facility matures on May 12, 2026 and bears interest at a rate equal to the base rate as defined in the agreement plus an applicable margin, which as of September 30, 2022, was based on LIBOR. All outstanding principal and interest due on the Revolving Credit Facility are due at maturity. During the nine months ended September 30, 2022, the Company had total draws of $45.0 million, with a weighted average interest rate of 2.0%, and no repayments on its Revolving Credit Facility. In addition to the above, the amendments included a provision for the Company to borrow up to $100.0 million under a term loan (the “Term Loan”). The proceeds from the Term Loan were used to fund the Chubbies acquisition (see Note 3). The term loan matures on September 1, 2026 and bears interest at a rate equal to a base rate defined in the agreement plus an applicable margin, which as of September 30, 2022 was based on LIBOR. The Company is required to make quarterly principal payments on the Term Loan. During the nine months ended September 30, 2022, the Company repaid $1.9 million on its Term Loan. All outstanding principal and interest due on the Term Loan are due at maturity. The Company was in compliance with all covenants under all credit arrangements as of September 30, 2022. The weighted average interest rate on the Term Loan during the nine months ended September 30, 2022 was 2.38% Deferred debt issuance costs were amortized over the term of the related debt and are presented as a reduction to long-term debt, net on the consolidated balance sheets. As of September 30, 2022, the future maturities of principal amounts of the Company’s total debt obligations, excluding lease obligations (see Note 10 for future maturities of lease obligations), for the next five years and in total, consists of the following: Years Ending December 31, Amount 2022 (remaining three months) $ 1,250 2023 5,000 2024 6,250 2025 10,625 2026 151,875 Total $ 175,000

Leases

Leases	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Leases	Leases The following table presents the components of the total leased assets and lease liabilities and their classification in the Company's unaudited consolidated balance sheets: Classification in Consolidated Balance Sheets September 30, 2022 Operating lease right-of-use assets Other non-current assets $ 36,015 Current operating lease liabilities Accrued expenses and other current liabilities 6,918 Long-term operating lease liabilities Other non-current liabilities 30,035 Total operating lease liabilities $ 36,953 The components of lease expense were as follows: Three Months Ended Nine Months Ended September 30, 2022 September 30, 2022 Operating lease right-of-use expense $ 1,861 $ 4,891 Variable and short-term lease expense 481 1,092 Total lease expense $ 2,342 $ 5,983 The weighted average remaining lease term and discount rate are presented in the following table: September 30, 2022 Weighted average remaining lease term (years) 5.30 Weighted average discount rate 2.65 % Cash flow and other information related to leases is included in the following table: Three Months Ended Nine Months Ended September 30, 2022 September 30, 2022 Operating cash outflows for amounts included in the measurement of lease liabilities $ 1,404 $ 3,714 Right of use assets obtained in exchange for lease obligations 12,044 15,287 Future maturities of lease liabilities at September 30, 2022 are presented in the following table: Years Ending December 31, Operating Leases 2022 (remaining three months) $ 1,983 2023 7,993 2024 7,970 2025 8,019 2026 6,603 Thereafter 8,573 Total lease payments 41,141 Less: imputed interest 4,188 Present value of lease liabilities $ 36,953

Equity-Based Compensation

Equity-Based Compensation	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Equity-Based Compensation	Equity-Based Compensation Fair Value Considerations Determining the fair value of awards requires judgment. The Monte Carlo simulation model and Black-Scholes model is used to estimate the fair value of awards that have service, performance and/or market vesting conditions. The assumptions used in these models require the input of subjective assumptions as follows: Fair value —The fair value of the common stock underlying the incentive units was determined by the Company’s board of directors (the “Board”). Because there is no public market for the incentive units, the Company’s Board determined the common stock fair value at the incentive unit grant date by considering several objective and subjective factors, including the price paid for its common and preferred stock, actual and forecasted operating and financial performance, market conditions and performance of comparable publicly traded companies, developments and milestones within the Company, the rights, preferences, and privileges of its common and preferred stock, and the likelihood of achieving a liquidity event. The fair value of the common stock underlying stock options and restricted stock units is determined by the closing stock price on the New York Stock Exchange. Expected volatility —Expected volatility is based on historical volatilities of a publicly-traded peer group based on weekly price observations over a period equivalent to the expected term of the award. Expected term —For awards with only service vesting conditions, the expected term is determined using the simplified method, which estimates the expected term using the contractual life of the award and the vesting period. For awards with performance or market conditions, the term is estimated in consideration of the time period expected to achieve the performance or market condition, the contractual term of the award, and estimates of future exercise behavior. Risk-free interest rate —The risk-free interest rate is based on the U.S. Treasury yield of treasury bonds with a maturity that approximates the expected term of the award. Expected dividend yield —The dividend yield is based on the Company’s current expectations of dividend payouts. The Company has never declared or paid any cash dividends on its common stock, and the Company does not anticipate paying any cash dividends in the foreseeable future. DLOM estimate —The discounts for lack of marketability are used to help calculate the value of closely held and restricted shares. A valuation discount exists between a share that is publicly traded, and thus has a market, and the market for privately held stock, which often has little, if any, marketplace. Forfeiture rate —The Company will recognize forfeitures as they occur instead of estimating forfeitures based on historical activity. Incentive Units Prior to the IPO, certain employees of the Company purchased incentive units in Solo Stove Holdings, LLC for $0.000001 per unit. The majority of the incentive units were issued in December 2020 with additional issuances in March and June 2021. The Company used the Monte Carlo simulation model to determine the fair value of the incentive units. Each incentive award consists of service-based units (representing one-third (1/3) of the number of incentive units) and performance-based units (representing two-thirds (2/3) of the number of incentive units). The incentive units with a service condition were scheduled to vest over four years with 25% vesting on the one-year anniversary of the grant date and the remaining 75% of such service-based units vesting in substantially equal monthly installments over the following three years, subject to the employee’s continued employment through each applicable vesting date. Additionally, the vesting of the service-based units will accelerate upon the occurrence of a sale transaction prior to the employee’s termination of employment. The IPO did not meet the definition of a sale transaction per the incentive unit agreement. Therefore, the vesting of the service-based units did not accelerate upon the IPO, nor did the vesting schedule change. There were 27.6 million incentive units outstanding immediately before the Reorganization Transactions. After the Reorganization Transactions, the 27.6 million incentive units converted into 3.4 million common units in Solo Stove Holdings, LLC. The 3.4 million common units consisted of service-based units representing one-third (1/3) of the common units and performance-based units representing two-thirds (2/3) of the common units. In connection with the IPO, 0.9 million of the 2.3 million performance-based common units vested with the remaining 1.4 million unvested performance-based common units being canceled. Associated with these units the Company recognized $3.3 million of stock compensation expense during the fourth quarter of fiscal 2021. At IPO, the Company replaced the 1.4 million performance-based incentive units that did not vest under the above market conditions with service-based common units in Solo Stove Holdings, LLC that vest over two years, with 50% of units vesting after one year and 50% vesting in four quarterly installments in the following year, subject to the employee’s continued employment with the Company through the applicable vesting date. If Summit Partners sells all of its equity interests in the Company or if the investment return to Summit equals or exceeds 4.0x on a per-share basis for four consecutive quarters, and in each case the employee remains employed with the Company on such date, then all unvested service-based common units that were previously performance-based units will vest. For accounting purposes, these awards were considered new awards with an estimated fair value of $25.8 million. Pursuant to the Stockholders Agreement, dated October 27, 2021 by and among the Company and the stockholders party thereto, holders of common units cannot exercise vested service-based common units until such time as Summit Partners and its affiliates cease to own any of the shares of Solo Stove Holdings, LLC common stock owned by them at IPO, Summit Partners does a follow-on registered offering in which case holders can perform an equivalent transaction, or the Stockholders Agreement is otherwise terminated in accordance with its terms. During the three and nine months ended September 30, 2022, the Company recognized $3.4 million and $10.2 million of equity-based compensation expense related to service-based units, respectively. During the three and nine months ended September 30, 2021, the Company recognized $0.2 million and $0.7 million of equity-based compensation expense related to service-based units, respectively. The grant date fair value of each incentive unit incorporates a range of assumptions for inputs as follows: 2020 Expected term (years) 4.0 Expected stock price volatility 36.0 % Risk-free interest rate 0.3 % Expected dividend yield — DLOM estimate 16.0 % Weighted average fair value at grant date $ 0.25 A summary of the common units is as follows for the periods indicated (in thousands, except per share data): Outstanding Common Units Weighted Average Grant Date Fair Value Per Unit Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value Unvested, December 31, 2021 2,238 $ 13.91 2.11 $ 31,124 Granted — — — Forfeited/canceled (66) 15.02 (987) Vested (257) 4.35 (1,120) Unvested, September 30, 2022 1,915 15.15 1.24 29,017 Exercisable, September 30, 2022 (1) — $ — $ — (1) Note there were performance and service-based units that vested by September 30, 2022. However, none of them are exercisable due to the Stockholders Agreement, as described above. Incentive Award Plan In October 2021, the Board adopted, and the stockholders of the Company approved, the 2021 Incentive Award Plan (“Incentive Award Plan”), which became effective on October 28, 2021. Upon the Incentive Award Plan becoming effective, there were 10,789,561 shares of Class A common stock authorized under the Incentive Award Plan. The shares of Class A common stock authorized under the Incentive Award Plan will increase annually, beginning on January 1, 2023 and continuing through 2031, by the lesser of (i) 5% of the aggregate number of shares of Class A common stock outstanding on the last day of the immediately preceding calendar year, and (ii) a smaller number of shares as determined by the Board. Stock Options Upon IPO, the Company granted stock options under the Incentive Award Plan. Stock options provide for the purchase of shares of the Company’s Class A common stock in the future at an exercise price set on the grant date. Unless otherwise determined by the plan administrator and except for certain substitute options granted in connection with a corporate transaction, the stock option's exercise price will not be less than 100% of the fair market value of the underlying share on the date of grant. The options vest over four years, with 25% vesting on the first anniversary of the grant date and the remainder vesting in substantially equal quarterly installments over the following three years, subject to the employee’s continued employment with the Company through the applicable vesting date. During the three and nine months ended September 30, 2022, the Company recorded equity-based compensation expense related to the options of $0.1 million and $0.4 million, respectively. The following summary sets forth the stock option activity under the Incentive Award Plan (in thousands, except per share data): Options Outstanding Number of Stock Options Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (1) Outstanding, December 31, 2021 340 $ 17.00 9.8 $ — Granted 327 5.71 — Exercised — — — Forfeited/canceled (93) 17.00 — Outstanding, September 30, 2022 574 10.57 6.0 — Exercisable, September 30, 2022 — $ — — $ — (1) The aggregate intrinsic value is zero because the closing Class A common stock price at the end of each period is less than the weighted-average exercise price of the options. Unvested option activity is as follows (in thousands, except per share data): Options Weighted-Average Grant Date Fair Value Unvested, December 31, 2021 340 $ 8.71 Granted 327 2.84 Vested — — Forfeited or expired (93) 8.71 Unvested, September 30, 2022 574 $ 5.36 The fair value of each option was estimated at the grant date using the Black-Scholes method with the following assumptions: Nine Months Ended September 30, Fiscal Year Ended December 31, 2022 2021 Risk-free interest rate 2.7% - 3.1% 1.6 % Expiration (in years) 10 10 Expected volatility 40.5% - 40.7% 37.0 % Dividend yield — — Restricted Stock Units Upon and after the IPO, the Company granted restricted stock units (“RSUs”) under the Incentive Award Plan. The RSUs are unfunded, unsecured rights to receive, on the applicable settlement date, shares of Class A common stock or an amount in cash or other consideration determined by the plan administrator to be of equal value as of such settlement date. The RSUs will vest over four years, with 25% vesting on the first anniversary of the grant date and the remainder vesting in substantially equal quarterly installments over the following three years, subject to the employee’s continued employment with the Company through the applicable vesting date. During the three and nine months ended September 30, 2022, the Company recorded equity-based compensation expense related to the RSUs of $1.0 million and $2.5 million, respectively. The following table summarizes the activity related to the Company’s restricted stock units: Restricted Stock Units Outstanding Number of Awards Weighted-Average Grant Date Fair Value Outstanding, December 31, 2021 661 $ 19.05 Granted 730 5.32 Vested and converted to shares (12) 19.26 Forfeited/canceled (149) 17.71 Outstanding, September 30, 2022 1,230 $ 11.06 Employee Stock Purchase Plan In October 2021, the Board adopted, and the stockholders of the Company approved, the 2021 Employee Stock Purchase Plan (the “ESPP”). The maximum number of shares of Class A common stock which will be authorized for sale under the ESPP is equal to the sum of (a) 1,618,434 shares of common stock and (b) an annual increase on the first day of each calendar year beginning on January 1, 2023 and ending on and including January 1, 2031, by a number of shares of Class A common stock equal to the lesser of (i) 0.5% of the shares of common stock outstanding on the last day of the immediately preceding calendar year and (ii) a smaller number of shares of Class A common stock as determined by the Board; provided, however, that no more than 6,473,736 shares of Class A common stock may be issued or transferred pursuant to right granted under Section 423 Component (as defined the ESPP) of the ESPP (which numbers may be adjusted pursuant to the ESPP). As of September 30, 2022, awards with respect to 60,436 shares of Class A common stock have been issued under the ESPP.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company is the sole managing member of Solo Stove Holdings, LLC (“Holdings”), and as a result, consolidates its financial results. Holdings is treated as a partnership for U.S. federal and most applicable state and local income tax purposes. Any taxable income or loss generated by Holdings is passed through to and included in the taxable income or loss of its members, including the Company, on a pro rata basis. The Company is subject to U.S. federal income taxes, in addition to state and local income taxes with respect to its allocable share of any taxable income or loss of Holdings, as well as any stand-alone income or loss generated by Solo Brands, Inc. Provision for Income Taxes The effective income tax rate was 19.6% and 11.9% for the three and nine months ended September 30, 2022, compared to (2.4)% and 0.3% for the corresponding periods in 2021, respectively. The increase for the three and nine months ended September 30, 2022 was primarily due to the Reorganization Transactions that occurred in 2021. This increase was partially offset for the nine months ended September 30, 2022 by a discrete tax benefit related to the Company’s impairment charges recorded in the second quarter of 2022. Refer to Note 6, Intangible Assets, net, and Note 7, Goodwill for more information regarding the impairment charges recorded in the second quarter of 2022. Prior to the Reorganization Transactions in 2021, the Company was only subject to certain LLC state entity-level taxes; whereas, in 2022 and 2021, the Company was also subject to U.S. federal, state and local income taxes on the Company’s allocable share of any taxable income or loss generated by Holdings subsequent to the Reorganization Transactions. Income tax benefit for the three and nine months ended September 30, 2022, was $1.0 million and $3.7 million, respectively, compared to nominal income tax expense in corresponding periods. Income taxes represents federal, state, and local income taxes on our allocable share of taxable income of Holdings, as well as Oru's and Chubbies' federal and state tax expense and foreign tax expense related to international subsidiaries. The weighted-average ownership interest in Holdings was 67.0% for the three and nine months ended September 30, 2022. Deferred Tax Assets and Liabilities As of September 30, 2022, the total deferred tax liability related to the basis difference in the Company's investment in Holdings was $45.1 million. However, a portion of the total basis difference will only reverse upon the eventual sale of its interest in Holdings, which the Company expects would result in a capital loss. As of September 30, 2022, the total valuation allowance established against the deferred tax asset to which this portion relates was $27.1 million. An additional valuation allowance of $0.9 million was recognized primarily related to the impact of the goodwill impairment charge recorded during the second quarter of 2022. During the nine months ended September 30, 2022, the Company did not recognize any deferred tax assets related to additional tax basis increases generated from expected future payments under the Tax Receivable Agreement and related deductions for imputed interest on such payments. Refer to "Tax Receivable Agreement” herein for additional information. The Company evaluates the realizability of its deferred tax assets on a quarterly basis and establishes valuation allowances when it is more likely than not that all or a portion of a deferred tax asset may not be realized. As of September 30, 2022, the Company concluded, based on the weight of all available positive and negative evidence, that all of its deferred tax assets (except for those deferred tax assets described above relating to basis differences that are expected to result in a capital loss upon eventual sale of its interest in Holdings) are more likely than not to be realized. As such, no additional valuation allowance was recognized. Tax Receivable Agreement Pursuant to the Company’s election under Section 754 of the Internal Revenue Code (the "Code"), the Company expects to obtain an increase in its share of the tax basis related to the net assets of Holdings when LLC Interests are redeemed or exchanged by the non-controlling interest holders and other qualifying transactions. The Company plans to make an election under Section 754 of Code for each taxable year in which a redemption or exchange of LLC Interest occurs, treating any redemptions and exchanges of LLC Interests by the non-controlling interest holders as direct purchases of LLC Interests for U.S. federal income tax purposes. These increases in tax basis may reduce the amounts that would otherwise be paid in the future to various tax authorities. They may also decrease gains (or increase losses) on future dispositions of certain capital assets to the extent tax basis is allocated to those capital assets. On October 27, 2021, the Company entered into a tax receivable agreement with the then-existing non-controlling interest holders (the "Tax Receivable Agreement") that provides payments to be made to non-controlling interest holders of 85% of the amount of any tax benefits that the Company actually realizes, or in some cases is deemed to realize, as a result of (i) increases in the Company's share of the tax basis in the net assets of Holdings resulting from any redemptions or exchanges of LLC Interests, (ii) tax basis increases attributable to payments made under the Tax Receivable Agreement, and (iii) deductions attributable to imputed interest pursuant to the Tax Receivable Agreement (the "TRA Payments"). The Company expects to benefit from the remaining 15% of any tax benefits that it may actually realize. The TRA Payments are not conditioned upon any continued ownership interest in Holdings or on the Company. The rights of each non-controlling interest holder under the Tax Receivable Agreement are assignable to transferees of its LLC Interests. During the three and nine months ended September 30, 2022, there were no redemptions of LLC Interests that would have resulted in an increase in the tax basis of the Company's investment in Holdings subject to the provisions of the Tax Receivable Agreement. During the three and nine months ended September 30, 2022, inclusive of interest, no payments were made to the members of Holdings pursuant to the Tax Receivable Agreement. As of September 30, 2022, there were no TRA Payments due under the Tax Receivable Agreement.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Contingencies From time to time, the Company is involved in various legal proceedings that arise in the normal course of business. While the Company intends to prosecute and defend any lawsuit vigorously, the Company presently believes that the ultimate outcome of any currently pending legal proceeding will not have any material adverse effect on its financial position, cash flows, or results of operations. However, litigation is subject to inherent uncertainties and unfavorable rulings could occur. An unfavorable ruling could include monetary damages, which could impact the Company’s business and the results of operations for the period in which the ruling occurs or future periods. Based on the information available, the Company evaluates the likelihood of potential outcomes. The Company records the appropriate liability when the amount is deemed probable and reasonably estimable. In addition, the Company does not accrue for estimated legal fees and other directly related costs as they are expensed as incurred. The Company is not currently a party to any pending litigation that it considers material. Therefore, the consolidated balance sheets do not include a liability for any potential obligations as of September 30, 2022 and December 31, 2021. Purchase Commitments The Company has previously entered into non-cancelable purchase contracts for operating expenditures, primarily short-term inventory purchases, amounting to $14.8 million as of December 31, 2021. As of September 30, 2022, there were no non-cancelable purchase commitments that were in excess of one year and thus, requiring disclosure.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The Company has established a fair value hierarchy which prioritizes the inputs to the valuation techniques used to measure fair value into three levels. These levels are determined based on the lowest level input that is significant to the fair value measurement. Levels within the hierarchy are defined within Note 2, Significant Accounting Policies, in the 2021 Form 10-K. The following tables present information about the Company’s assets and liabilities measured at fair value on a recurring basis: Fair Value Measurements September 30, 2022 Total Fair Value Level 1 Level 2 Level 3 Financial liabilities: Long-term debt, net $ 171,918 $ — $ 171,918 $ — Fair Value Measurements December 31, 2021 Total Fair Value Level 1 Level 2 Level 3 Financial liabilities: Long-term debt, net $ 128,148 $ — $ 128,148 $ — During the second quarter of 2022, the Company recorded impairment charges of $27.9 million and $2.7 million for goodwill and trademark intangible assets, respectively. Indicators of value from income and market approaches, where comparable market data is available, were the basis for the determination of the fair values, which include Level 3 inputs. See Note 6, Intangible Assets, net, and Note 7, Goodwill, for additional discussions of the Company's impairment analyses. There were no other material nonrecurring fair value measurements during the periods ended September 30, 2022 and December 31, 2021.

Shareholders' and Members' Equi

Shareholders' and Members' Equity	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Shareholders' and Members' Equity	Shareholders' and Members' Equity Class A Common Stock The Company has 475,000,000 shares of Class A common stock, par value $0.001 per share, authorized. Holders of Class A common stock are entitled to one vote per share on all matters presented to the stockholders in general. In the event of liquidation, dissolution or winding up, each holder of Class A common stock will be entitled to a pro rata distribution of any assets available for distribution to common stockholders. Class B Common Stock The Company has 50,000,000 shares of Class B common stock, par value $0.001 per share, authorized. Shares of Class B common stock will only be issued in the future to the extent necessary to maintain a one-to-one ratio between the number of LLC Interests held by the Continuing LLC Owners and the number of shares of Class B common stock issued to the Continuing LLC Owners. Shares of Class B common stock are transferable only together with an equal number of LLC Interests. Shares of Class B common stock will be cancelled on a one-for-one basis if the Company, at the election of the Continuing LLC Owners, redeem or exchange their LLC Interests pursuant to the terms of the Holdings LLC Agreement. Holders of Class B common stock are entitled to one vote per share on all matters presented to the stockholders in general. In the event of liquidation, dissolution or winding up, holders of Class B common stock shall be entitled to receive $0.001 per share and will not be entitled to receive any distribution of the Company’s assets. Class A Units Pursuant to the 2020 Agreement, as defined in the 2021 Form 10-K, Solo Stove Holdings, LLC authorized 250,000,000 Class A units for issuance at a price of $1 per unit. For so long as any of the Class A units remain outstanding, the Class A units will rank senior to the Class B units discussed below. Holders of Class A units are entitled to one vote per share on all matters to be voted upon by the members. When and if distributions are declared by the Company’s Board, holders of Class A units are entitled to ratably receive distributions until the aggregate unreturned capital with respect to each holder’s Class A units has been reduced to zero. Upon dissolution, liquidation, distribution of assets, or other winding up, the holders of Class A units are entitled to receive ratably the assets available for distribution after payment of liabilities and before the holders of Class B units and incentive units (see Note 11). Class B Units Pursuant to the 2020 Agreement, Solo Stove Holdings, LLC has authorized 175,000,000 Class B units for issuance at a price of $1 per unit. Holders of Class B units are entitled to one vote per share on all matters to be voted upon by the members. Holders of Class A units and Class B units generally vote together as a single class on all matters presented to the Company’s members for their vote or approval. When and if distributions are declared by the Company’s Board, holders of Class B units are entitled to ratably receive distributions until the aggregate unreturned capital with respect to each holder’s Class B units has been reduced to zero. Upon dissolution, liquidation, distribution of assets, or other winding up, the holders of Class B units are entitled to receive ratably the assets available for distribution after payment of liabilities and Class A unitholders and before the holders of incentive units. Pursuant to the 2020 Agreement, the Company’s Board may authorize Solo Stove Holdings, LLC to create and/or issue additional equity securities, provided that the number of additional authorized incentive units do not exceed 10% of the outstanding Class A and Class B units without the prior written consent of the majority investors. Upon issuance of additional equity securities, all unitholders shall be diluted with respect to such issuance, subject to differences in rights and preferences of different classes, groups, and series of equity securities, and the Company’s Board shall have the power to amend the schedule of unitholders to reflect such additional issuances and dilution. As part of the 2020 Agreement, certain members of management, in lieu of a cash transaction bonus, elected to receive Class B units which had a fair value of $4.7 million.

Net (Loss) Income Per Share

Net (Loss) Income Per Share	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Net Income (Loss) Per Share	Net (Loss) Income Per Share The Company analyzed the calculation of earnings per unit for the periods prior to the Reorganization Transactions and determined that it resulted in values that would not be meaningful to the users of these unaudited consolidated financial statements. Therefore, earnings per unit information has not been presented for the three and nine months ended September 30, 2021. Basic net (loss) income per share of Class A common stock is computed by dividing net (loss) income attributable to Solo Brands, Inc. by the weighted average number of shares of Class A common stock outstanding during the period. Diluted net (loss) income per share of Class A common stock is computed by dividing net (loss) income attributable to Solo Brands, Inc. by the weighted average number of shares of Class A common stock outstanding adjusted to give effect to potentially dilutive securities. The following table sets forth the calculation of the basic and diluted net (loss) income per share for the Company’s Class A common stock: Three Months Ended September 30, Nine Months Ended September 30, 2022 2022 Net (loss) income $ (4,020) $ (27,128) Less: Net (loss) income attributable to non-controlling interests (1,816) (10,850) Net (loss) income attributable to Solo Brands, Inc. $ (2,204) $ (16,278) Numerator: Net (loss) income attributable to Class A common shareholders - basic and diluted $ (2,204) $ (16,278) Denominator: Weighted average shares of Class A common stock outstanding - basic and diluted 63,470 63,429 Loss per share of Class A common stock outstanding - basic and diluted $ (0.03) $ (0.26) During the three and nine months ended September 30, 2022, 33.4 million shares of Class B common stock, 0.6 million options and 1.2 million restricted stock units were not included in the computation of diluted net income per share because their effect would have been anti-dilutive.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On October 1, 2022, the Company granted 174,528 stock options with an exercise price of $3.80 per share and a grant date fair value of $2.05 per share, or $0.4 million aggregate grant date fair value, and 703,706 RSUs at a grant date fair value of $3.80 per share, or $2.7 million aggregate grant date fair value. These awards vest over four years, with 25% vesting on the first anniversary of the grant date and the remainder vesting in substantially equal quarterly installments over the following three years, subject to the employee’s continued employment with the Company through the applicable vesting date. On October 1, 2022, the Company granted 1,295,549 performance stock units (“PSUs”). These PSUs will only vest based upon achieving an internally-derived performance target. PSUs that remain unvested two years following the grant date will be automatically forfeited.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	The unaudited consolidated financial statements contained herein have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) and the rules of the U.S. Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in the unaudited consolidated financial statements prepared in accordance with U.S. GAAP have been omitted pursuant to applicable rules and regulations of the SEC. The unaudited consolidated financial statements include the wholly-owned subsidiaries. Intercompany balances and transactions are eliminated in consolidation. These unaudited consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements included in the Annual Report on Form 10-K filed with the SEC for the year ended December 31, 2021. Certain prior period amounts have been conformed to the current period’s presentation.
Use of Estimates	The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses during the reporting period and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Estimates and assumptions about future events and their effects cannot be made with certainty. Estimates may change as new events occur when additional information becomes available and if the operating environment changes. Actual results could differ from estimates.
Leases	The Company leases space for warehouses, stores and corporate space under operating leases expiring at various times through 2029. The Company accounts for leases in accordance with Accounting Standards Codification (“ASC”) No. 842, Leases. The Company determines if an arrangement is a lease at inception of a contract if the terms state the Company has the right to direct the use of, and obtain substantially all the economic benefits from, a specific asset identified in the contract. The right-of-use (“ROU”) assets represent the Company's right to use the underlying assets for the lease term, and the lease liabilities represent the obligation to make lease payments arising from the leases. The Company records its ROU assets in other non-current assets, its current lease liabilities in accrued expenses and other current liabilities and its non-current lease liabilities in other non-current liabilities. ROU assets and lease liabilities are recognized at commencement date based on the present value of lease payments to be made over the lease term. Certain of the Company's lease agreements contain options to extend the lease. The Company evaluates these options on a lease-by-lease basis, and if the Company determines it is reasonably certain to be exercised, the lease term includes the extension. The Company uses its incremental borrowing rate at lease commencement to determine the present value of lease payments, and lease expense is recognized on a straight-line basis over the lease term. The incremental borrowing rate is the rate of interest the Company could borrow on a collateralized basis over a similar term with similar payments. The Company does not record leases with an initial term of twelve months or less (“short-term leases”). Certain of the Company's lease agreements include payments for certain variable costs not determinable upon lease commencement, including common area maintenance, utilities, property taxes and inflation adjustments, as well as fixed payments for non-lease components, including common area maintenance. These variable and fixed lease payments are recognized in selling, general and administrative expenses, but are not included in the ROU asset or lease liability balances. The Company's lease agreements do not contain any material residual value guarantees, restrictions or covenants.
Recently Adopted Accounting Pronouncements, Recently Issued Accounting Pronouncements - Not Yet Adopted	In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842), and has modified the standard thereafter, which supersedes the lease requirements in ASC 840. The ASU requires lessees to recognize a right-of-use asset and related lease liability for all leases, with a limited exception for short-term leases. Leases will be classified as either finance or operating, with the classification affecting the pattern of expense recognition in the statement of operations. Prior to this new standard, leases were classified as either capital or operating, with only capital leases recognized on the consolidated balance sheets. The Company did not have any capital leases prior to or upon adoption of ASU 2016-02. The Company adopted this standard on January 1, 2022 using the modified retrospective transition approach. Upon adoption of ASU 2016-02, the Company recorded the following amounts associated with operating leases in its consolidated balance sheet at January 1, 2022: $24.9 million of ROU assets in other non-current assets, $4.1 million of lease liabilities in accrued expenses and other current liabilities and $21.4 million of lease liabilities in other non-current liabilities. There was no impact to the opening balance of retained earnings as a result of implementing ASU 2016-02. The Company elected the package of three practical expedients available under the ASU, which allows entities to carryforward accounting conclusions under previous GAAP by not reassessing the following: (a) whether a contract is or contains a lease, (b) lease classification or (c) determination of initial direct costs. Additionally, the Company implemented appropriate changes to internal processes and controls to support recognition, subsequent measurement and disclosures. Recently Issued Accounting Pronouncements - Not Yet Adopted In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments. The ASU includes changes to the accounting and measurement of financial assets, including the Company’s accounts receivable and held-to-maturity debt securities, by requiring the Company to recognize an allowance for all expected losses over the life of the financial asset at origination. This is different from the current practice, where an allowance is not recognized until the losses are considered probable. The ASU also changes the way credit losses are recognized for available-for-sale debt securities. Credit losses are recognized through the recording of an allowance rather than as a write-down of the carrying value. In November 2019, the FASB issued ASU 2019-10, deferring the effective date of ASU 2016-13 to annual periods beginning after December 15, 2022. Upon adoption, the ASU will be applied using a modified retrospective transition method to the beginning of the earliest period presented. A prospective transition approach is required for debt securities for which an other-than-temporary impairment had been recognized before the effective date. Although early adoption is permitted, the Company does not plan to early adopt. The Company does not expect the adoption of this standard to have a material impact on its consolidated financial statements. In March 2020, the FASB issued ASU 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting,” an update that provides optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships and other transactions affected by reference rate reform if certain criteria are met. The optional guidance is provided to ease the potential burden of accounting for reference rate reform. The guidance is effective as of March 12, 2020 and is available for contract modifications through December 31, 2022. The Company does not expect the adoption of this standard to have a material impact on its consolidated financial statements. In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. The ASU requires that an acquirer recognize and measure contract assets and liabilities acquired in a business combination in accordance with ASU 2014-09, Revenue from Contracts with Customers (Topic 606). The guidance is effective for annual periods beginning after December 15, 2023, including interim periods therein, with early adoption permitted. The guidance will be applied prospectively to acquisitions occurring on or after the effective date. The Company will continue to evaluate the impact of this guidance, which will depend on the contract assets and liabilities acquired in future business combinations.

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Net Sales	The following table disaggregates net sales by channel: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Net sales by channel Direct-to-consumer $ 86,306 $ 58,081 $ 262,632 $ 191,492 Wholesale 15,856 11,352 57,752 35,757 Total net sales $ 102,162 $ 69,433 $ 320,384 $ 227,249

Acquisitions (Tables)

Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the fair values of the assets acquired and liabilities assumed by the Company at the acquisition date: Cash $ 6,307 Accounts receivable 357 Inventory 4,171 Property and equipment 436 Prepaid expenses and other assets 902 Intangible assets 21,115 Accounts payable and accrued liabilities (4,119) Deferred revenue (746) Deferred tax liability (6,247) Total identifiable net assets 22,176 Noncontrolling interest (15,320) Goodwill 18,781 Total 25,637 Less: cash acquired (6,307) Total, net of cash acquired $ 19,330 The following table summarizes the fair values of the assets acquired and liabilities assumed by the Company at the acquisition date: Cash $ 3,085 Accounts receivable 107 Inventory 8,986 Property and equipment 110 Prepaid expenses and other assets 60 Intangible assets 4,121 Accounts payable and accrued liabilities (4,697) Total identifiable net assets 11,772 Goodwill 29,564 Total 41,336 Less: fair value of class B units (16,494) Less: cash acquired (3,085) Total, net of cash acquired $ 21,757 The following table summarizes the fair values of the assets acquired and liabilities assumed by the Company at the acquisition date: Cash $ 7,990 Accounts receivable 1,962 Inventory 25,360 Property and equipment 401 Prepaid expenses and other assets 893 Intangible assets 47,846 Accounts payable and accrued liabilities (15,011) Deferred revenue (392) Deferred tax liability (12,095) Other non-current liabilities (12) Total identifiable net assets 56,942 Goodwill 73,118 Total 130,060 Less: fair value of class B units (29,075) Less: cash acquired (7,990) Total, net of cash acquired $ 92,995

Inventory (Tables)

Inventory (Tables)	9 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventory consisted of the following: September 30, 2022 December 31, 2021 Purchased inventory on hand $ 114,081 $ 64,310 Inventory in transit 46,189 28,064 Raw materials 5,487 2,148 Fair value write-up — 7,813 Inventory $ 165,757 $ 102,335

Property and Equipment, net (Ta

Property and Equipment, net (Tables)	9 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment, net	Property and equipment, net consisted of the following: September 30, 2022 December 31, 2021 Leasehold improvements $ 6,770 $ 6,121 Computer, software, and other equipment 6,873 3,032 Machinery 2,634 1,288 Furniture and fixtures 1,372 746 Construction in progress 131 166 Property and equipment, gross 17,780 11,353 Accumulated depreciation (3,173) (750) Property and equipment, net $ 14,607 $ 10,603

Intangible Assets, net (Tables)

Intangible Assets, net (Tables)	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	Intangible assets consisted of the following: September 30, 2022 December 31, 2021 Gross carrying value Brand $ 196,114 $ 196,114 Trademark 33,567 33,457 Customer relationships 28,605 28,605 Developed technology 17,871 17,871 Patents 2,676 1,888 Intangible assets, gross 278,833 277,935 Accumulated amortization and impairments Brand (25,898) (16,036) Trademark (1) (5,378) (901) Customer relationships (3,885) (1,915) Developed technology (3,617) (1,702) Patents (358) (147) Accumulated amortization, gross (39,136) (20,701) Intangible assets, net $ 239,697 $ 257,234 (1) Includes impairment of trademark discussed below.
Schedule of Estimated Amortization Expense	Estimated amortization expense for the next five years was as follows: Years Ending December 31, Amount 2022 (remaining three months) $ 5,219 2023 20,980 2024 20,980 2025 20,980 2026 20,600 Thereafter 150,938 Total future amortization expense $ 239,697

Goodwill (Tables)

Goodwill (Tables)	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of the Carrying Value of Goodwill	The carrying value of goodwill was as follows: Balance, December 31, 2021 $ 410,559 Accumulated impairment losses (27,901) Balance, September 30, 2022 $ 382,658 In the second quarter of 2022, the Company identified triggering events indicating the fair value of one or more of the Company’s reporting units more likely than not did not exceed their carrying values. The triggering events included: (1) adverse equity market conditions resulting in a sustained decline in the Company’s stock price subsequent to the Company’s issuance of its first quarter 2022 results on Form 10-Q and (2) weakened demand for the ISLE reporting unit’s products resulting in a lower near-term forecast of future operating results. As a result, the Company performed an interim quantitative goodwill impairment test for all of its reporting units and recorded a $27.9 million goodwill impairment charge related to its ISLE reporting unit, which has $1.7 million of remaining goodwill after the impairment. The results of the interim quantitative test did not result in a goodwill impairment for the Company’s other reporting units. The impairment charge was recorded to impairment charges on the unaudited consolidated statements of operations and comprehensive (loss) income. For 2021, the annual goodwill impairment analysis did not result in impairment charges at any of the Company’s reporting units. The Company estimated the fair value of its reporting units using a weighting of fair values derived from the income and market approaches, where comparable market data was available. Under the income approach, the Company determined the fair value of a reporting unit based on the present value of estimated future cash flows. Cash flow projections were based on management’s estimates of revenue growth rates and operating margins, considering industry and market conditions, and management’s estimates of working capital requirements. The discount rate for each reporting unit was based on a weighted average cost of capital adjusted for the relevant risk associated with the characteristics of each reporting unit and its estimated cash flows. Under the market approach, the Company utilized a combination of methods, including estimates of fair value based on: (1) market multiples of revenue and earnings derived from comparable publicly-traded companies with similar operating and investment characteristics as the reporting unit and (2) pricing multiples derived from recent merger and acquisition transactions of comparable publicly-traded companies. During the third quarter of 2022, the Company did not identify any triggering events indicating the fair value of one or more of the Company’s reporting units more likely than not did not exceed their carrying values.

Accrued Expenses and Other Cu_2

Accrued Expenses and Other Current Liabilities (Tables)	9 Months Ended
	Sep. 30, 2022
Payables and Accruals [Abstract]
Schedule of Accrued Expenses and Other Current Liabilities	Significant accrued expenses and other current liabilities were as follows: September 30, 2022 December 31, 2021 Leases 6,918 — Inventory purchases 6,823 3,852 Non-income taxes 3,686 5,072 Income taxes 3,074 4,631 Payroll 3,049 6,972 Allowance for sales returns 1,808 1,462 Shipping costs 1,684 1,936 Marketing 1,329 324 Other 2,568 3,901 Accrued expenses and other current liabilities $ 30,939 $ 28,150

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Schedule of Long-term Debt	Long-term debt consisted of the following: September 30, 2022 December 31, 2021 Term loan $ 97,500 $ 99,375 Revolving credit facility 77,500 32,500 Unamortized debt issuance costs (3,082) (3,727) Total debt, net of debt issuance costs 171,918 128,148 Less: current portion of long-term debt 5,000 3,125 Long-term debt, net $ 166,918 $ 125,023
Schedule of Future Maturities of Principal Amounts of Total Debt Obligations	As of September 30, 2022, the future maturities of principal amounts of the Company’s total debt obligations, excluding lease obligations (see Note 10 for future maturities of lease obligations), for the next five years and in total, consists of the following: Years Ending December 31, Amount 2022 (remaining three months) $ 1,250 2023 5,000 2024 6,250 2025 10,625 2026 151,875 Total $ 175,000

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Schedule of Operating Lease Assets and Liabilities	The following table presents the components of the total leased assets and lease liabilities and their classification in the Company's unaudited consolidated balance sheets: Classification in Consolidated Balance Sheets September 30, 2022 Operating lease right-of-use assets Other non-current assets $ 36,015 Current operating lease liabilities Accrued expenses and other current liabilities 6,918 Long-term operating lease liabilities Other non-current liabilities 30,035 Total operating lease liabilities $ 36,953
Schedule of Components of Lease Expense	The components of lease expense were as follows: Three Months Ended Nine Months Ended September 30, 2022 September 30, 2022 Operating lease right-of-use expense $ 1,861 $ 4,891 Variable and short-term lease expense 481 1,092 Total lease expense $ 2,342 $ 5,983 The weighted average remaining lease term and discount rate are presented in the following table: September 30, 2022 Weighted average remaining lease term (years) 5.30 Weighted average discount rate 2.65 % Cash flow and other information related to leases is included in the following table: Three Months Ended Nine Months Ended September 30, 2022 September 30, 2022 Operating cash outflows for amounts included in the measurement of lease liabilities $ 1,404 $ 3,714 Right of use assets obtained in exchange for lease obligations 12,044 15,287
Future Maturities of Operating Lease Liabilities	Future maturities of lease liabilities at September 30, 2022 are presented in the following table: Years Ending December 31, Operating Leases 2022 (remaining three months) $ 1,983 2023 7,993 2024 7,970 2025 8,019 2026 6,603 Thereafter 8,573 Total lease payments 41,141 Less: imputed interest 4,188 Present value of lease liabilities $ 36,953

Equity-Based Compensation (Tabl

Equity-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Grant Date Fair Value of Each Incentive Unit, Valuation Assumptions	The grant date fair value of each incentive unit incorporates a range of assumptions for inputs as follows: 2020 Expected term (years) 4.0 Expected stock price volatility 36.0 % Risk-free interest rate 0.3 % Expected dividend yield — DLOM estimate 16.0 % Weighted average fair value at grant date $ 0.25 The fair value of each option was estimated at the grant date using the Black-Scholes method with the following assumptions: Nine Months Ended September 30, Fiscal Year Ended December 31, 2022 2021 Risk-free interest rate 2.7% - 3.1% 1.6 % Expiration (in years) 10 10 Expected volatility 40.5% - 40.7% 37.0 % Dividend yield — —
Schedule of Stock Option Activity	A summary of the common units is as follows for the periods indicated (in thousands, except per share data): Outstanding Common Units Weighted Average Grant Date Fair Value Per Unit Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value Unvested, December 31, 2021 2,238 $ 13.91 2.11 $ 31,124 Granted — — — Forfeited/canceled (66) 15.02 (987) Vested (257) 4.35 (1,120) Unvested, September 30, 2022 1,915 15.15 1.24 29,017 Exercisable, September 30, 2022 (1) — $ — $ — (1) Note there were performance and service-based units that vested by September 30, 2022. However, none of them are exercisable due to the Stockholders Agreement, as described above. The following summary sets forth the stock option activity under the Incentive Award Plan (in thousands, except per share data): Options Outstanding Number of Stock Options Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (1) Outstanding, December 31, 2021 340 $ 17.00 9.8 $ — Granted 327 5.71 — Exercised — — — Forfeited/canceled (93) 17.00 — Outstanding, September 30, 2022 574 10.57 6.0 — Exercisable, September 30, 2022 — $ — — $ — (1) The aggregate intrinsic value is zero because the closing Class A common stock price at the end of each period is less than the weighted-average exercise price of the options.
Schedule of Unvested Incentive Unit and Common Unit Activity	Unvested option activity is as follows (in thousands, except per share data): Options Weighted-Average Grant Date Fair Value Unvested, December 31, 2021 340 $ 8.71 Granted 327 2.84 Vested — — Forfeited or expired (93) 8.71 Unvested, September 30, 2022 574 $ 5.36
Schedule of Restricted Stock Units Activity	The following table summarizes the activity related to the Company’s restricted stock units: Restricted Stock Units Outstanding Number of Awards Weighted-Average Grant Date Fair Value Outstanding, December 31, 2021 661 $ 19.05 Granted 730 5.32 Vested and converted to shares (12) 19.26 Forfeited/canceled (149) 17.71 Outstanding, September 30, 2022 1,230 $ 11.06

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following tables present information about the Company’s assets and liabilities measured at fair value on a recurring basis: Fair Value Measurements September 30, 2022 Total Fair Value Level 1 Level 2 Level 3 Financial liabilities: Long-term debt, net $ 171,918 $ — $ 171,918 $ — Fair Value Measurements December 31, 2021 Total Fair Value Level 1 Level 2 Level 3 Financial liabilities: Long-term debt, net $ 128,148 $ — $ 128,148 $ —

Net (Loss) Income Per Share (Ta

Net (Loss) Income Per Share (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Net (Loss) Income Per Share and Weighted-Average Common Shares Outstanding	The following table sets forth the calculation of the basic and diluted net (loss) income per share for the Company’s Class A common stock: Three Months Ended September 30, Nine Months Ended September 30, 2022 2022 Net (loss) income $ (4,020) $ (27,128) Less: Net (loss) income attributable to non-controlling interests (1,816) (10,850) Net (loss) income attributable to Solo Brands, Inc. $ (2,204) $ (16,278) Numerator: Net (loss) income attributable to Class A common shareholders - basic and diluted $ (2,204) $ (16,278) Denominator: Weighted average shares of Class A common stock outstanding - basic and diluted 63,470 63,429 Loss per share of Class A common stock outstanding - basic and diluted $ (0.03) $ (0.26)

Significant Accounting Polici_3

Significant Accounting Policies - Recently Issued Accounting Pronouncements - Not Yet Adopted (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jan. 01, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets	$ 36,015
Current operating lease liabilities	6,918		$ 0
Long-term operating lease liabilities	$ 30,035
Accounting Standards Update 2016-02
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets		$ 24,900
Current operating lease liabilities		4,100
Long-term operating lease liabilities		$ 21,400

Revenue (Details)

Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Total net sales	$ 102,162	$ 69,433	$ 320,384	$ 227,249
Direct-to-consumer
Disaggregation of Revenue [Line Items]
Total net sales	86,306	58,081	262,632	191,492
Wholesale
Disaggregation of Revenue [Line Items]
Total net sales	$ 15,856	$ 11,352	$ 57,752	$ 35,757

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) - USD ($) shares in Millions	Sep. 08, 2021	Sep. 01, 2021	Aug. 02, 2021	May 03, 2021	Mar. 31, 2022
Oru Kayak, Inc.
Business Acquisition [Line Items]
Voting interest acquired				60%
Net cash paid				$ 25,400,000
Purchase option voting interest acquired	40%
Consideration transferred, number of shares (in shares)	9.3
Goodwill expected to be tax deductible				$ 0
Working capital settlement					$ 200,000
International Surf Ventures, LLC
Business Acquisition [Line Items]
Voting interest acquired			100%
Net cash paid			$ 24,800,000
Goodwill expected to be tax deductible			0
Equity interests in acquisition			$ 16,494,000
Chubbies, Inc.
Business Acquisition [Line Items]
Voting interest acquired		100%
Net cash paid		$ 100,400,000
Goodwill expected to be tax deductible		0
Working capital settlement					$ 600,000
Equity interests in acquisition		$ 29,075,000

Acquisitions - Assets Acquired

Acquisitions - Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands				9 Months Ended
	Sep. 01, 2021	Aug. 02, 2021	May 03, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Business Acquisition [Line Items]
Goodwill				$ 382,658		$ 410,559
Total, net of cash acquired				$ 774	$ 133,308
Oru Kayak, Inc.
Business Acquisition [Line Items]
Cash			$ 6,307
Accounts receivable			357
Inventory			4,171
Property and equipment			436
Prepaid expenses and other assets			902
Intangible assets			21,115
Accounts payable and accrued liabilities			(4,119)
Deferred revenue			(746)
Deferred tax liability			(6,247)
Total identifiable net assets			22,176
Noncontrolling interest			(15,320)
Goodwill			18,781
Total			25,637
Less: cash acquired			(6,307)
Total, net of cash acquired			$ 19,330
International Surf Ventures, LLC
Business Acquisition [Line Items]
Cash		$ 3,085
Accounts receivable		107
Inventory		8,986
Property and equipment		110
Prepaid expenses and other assets		60
Intangible assets		4,121
Accounts payable and accrued liabilities		(4,697)
Total identifiable net assets		11,772
Goodwill		29,564
Total		41,336
Less: fair value of class B units		(16,494)
Less: cash acquired		(3,085)
Total, net of cash acquired		$ 21,757
Chubbies, Inc.
Business Acquisition [Line Items]
Cash	$ 7,990
Accounts receivable	1,962
Inventory	25,360
Property and equipment	401
Prepaid expenses and other assets	893
Intangible assets	47,846
Accounts payable and accrued liabilities	(15,011)
Deferred revenue	(392)
Deferred tax liability	(12,095)
Other non-current liabilities	(12)
Total identifiable net assets	56,942
Goodwill	73,118
Total	130,060
Less: fair value of class B units	(29,075)
Less: cash acquired	(7,990)
Total, net of cash acquired	$ 92,995

Inventory (Details)

Inventory (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Purchased inventory on hand	$ 114,081	$ 64,310
Inventory in transit	46,189	28,064
Raw materials	5,487	2,148
Fair value write-up	0	7,813
Inventory	$ 165,757	$ 102,335

Property and Equipment, net - S

Property and Equipment, net - Schedule of Property and Equipment, net (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 17,780	$ 11,353
Accumulated depreciation	(3,173)	(750)
Property and equipment, net	14,607	10,603
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	6,770	6,121
Computer, software, and other equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	6,873	3,032
Machinery
Property, Plant and Equipment [Line Items]
Property and equipment, gross	2,634	1,288
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,372	746
Construction in progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 131	$ 166

Property and Equipment, net - N

Property and Equipment, net - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 900	$ 100	$ 2,446	$ 301

Intangible Assets, net - Schedu

Intangible Assets, net - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 278,833	$ 277,935
Accumulated amortization, gross	(39,136)	(20,701)
Intangible assets, net	239,697	257,234
Brand
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	196,114	196,114
Accumulated amortization, gross	(25,898)	(16,036)
Trademark
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	33,567	33,457
Accumulated amortization, gross	(5,378)	(901)
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	28,605	28,605
Accumulated amortization, gross	(3,885)	(1,915)
Developed technology
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	17,871	17,871
Accumulated amortization, gross	(3,617)	(1,702)
Patents
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	2,676	1,888
Accumulated amortization, gross	$ (358)	$ (147)

Intangible Assets, net - Narrat

Intangible Assets, net - Narrative (Details) - USD ($) $ in Thousands			3 Months Ended			9 Months Ended
	Jun. 30, 2022	Jun. 29, 2022	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets			$ 5,300		$ 4,900	$ 15,748	$ 12,667
Trademark
Finite-Lived Intangible Assets [Line Items]
Impairment of finite-lived intangible assets				$ 2,700
Intangible asset useful life	5 years	15 years

Intangible Assets, net - Sche_2

Intangible Assets, net - Schedule of Estimated Amortization Expense (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
2022 (remaining three months)	$ 5,219
2023	20,980
2024	20,980
2025	20,980
2026	20,600
Thereafter	150,938
Intangible assets, net	$ 239,697	$ 257,234

Goodwill - Schedule of the Carr

Goodwill - Schedule of the Carrying Value of Goodwill (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 410,559
Accumulated impairment losses	(27,901)
Goodwill, ending balance	$ 382,658

Goodwill - Narrative (Details)

Goodwill - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Jun. 30, 2022	Sep. 30, 2022	Dec. 31, 2021
Goodwill [Line Items]
Impairment of goodwill		$ 27,901
Goodwill		$ 382,658	$ 410,559
ISLE
Goodwill [Line Items]
Impairment of goodwill	$ 27,900
Goodwill	$ 1,700

Accrued Expenses and Other Cu_3

Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Payables and Accruals [Abstract]
Leases	$ 6,918	$ 0
Inventory purchases	6,823	3,852
Non-income taxes	3,686	5,072
Income taxes	3,074	4,631
Payroll	3,049	6,972
Allowance for sales returns	1,808	1,462
Shipping costs	1,684	1,936
Marketing	1,329	324
Other	2,568	3,901
Accrued expenses and other current liabilities	$ 30,939	$ 28,150

Long-Term Debt - Schedule of Lo

Long-Term Debt - Schedule of Long-Term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total debt, gross	$ 175,000
Unamortized debt issuance costs	(3,082)	$ (3,727)
Total debt, net of debt issuance costs	171,918	128,148
Less: current portion of long-term debt	5,000	3,125
Long-term debt, net	166,918	125,023
Term loan
Debt Instrument [Line Items]
Total debt, gross	97,500	99,375
Revolving credit facility | Revolving credit facility
Debt Instrument [Line Items]
Total debt, gross	$ 77,500	$ 32,500

Long-Term Debt - Narrative (Det

Long-Term Debt - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Sep. 01, 2021	Jun. 02, 2021	May 12, 2021
Debt Instrument [Line Items]
Interest expense related to long-term debt	$ 1,900,000	$ 2,200,000	$ 3,900,000	$ 7,400,000
Proceeds from long-term debt			45,000,000	358,600,000
Repayments of long-term debt			1,875,000	$ 54,600,000
Revolving credit facility | Revolving credit facility
Debt Instrument [Line Items]
Maximum borrowing capacity					$ 350,000,000	$ 350,000,000	$ 200,000,000
Proceeds from long-term debt			$ 45,000,000
Weighted average interest rate (as a percent)	2%		2%
Repayments of lines of credit			$ 0
Term loan
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	2.38%		2.38%
Face amount					$ 100,000,000
Repayments of long-term debt			$ 1,900,000

Long-Term Debt - Schedule of Fu

Long-Term Debt - Schedule of Future Maturities of Principal Amounts of Total Debt Obligations (Details) $ in Thousands	Sep. 30, 2022 USD ($)
Long-term Debt, Fiscal Year Maturity [Abstract]
2022 (remaining three months)	$ 1,250
2023	5,000
2024	6,250
2025	10,625
2026	151,875
Total	$ 175,000

Leases - Schedule of Components

Leases - Schedule of Components of the Total Leased Assets and Lease Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Leases [Abstract]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other non-current assets
Operating lease right-of-use assets	$ 36,015
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accrued expenses and other current liabilities
Current operating lease liabilities	$ 6,918	$ 0
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other non-current liabilities
Long-term operating lease liabilities	$ 30,035
Total operating lease liabilities	$ 36,953

Leases - Schedule of Componen_2

Leases - Schedule of Components of Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Leases [Abstract]
Operating lease right-of-use expense	$ 1,861	$ 4,891
Variable and short-term lease expense	481	1,092
Total lease expense	$ 2,342	$ 5,983

Leases - Schedule of Weighted A

Leases - Schedule of Weighted Average Remaining Lease Term and Discount Rate (Details)	Sep. 30, 2022
Leases [Abstract]
Weighted average remaining lease term (in years)	5 years 3 months 18 days
Weighted average discount rate (percent)	2.65%

Leases - Schedule of Cash Flow

Leases - Schedule of Cash Flow and Other Information Related to Leases (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Leases [Abstract]
Operating cash outflows for amounts included in the measurement of lease liabilities	$ 1,404	$ 3,714
Right of use assets obtained in exchange for lease obligations	$ 12,044	$ 15,287

Leases - Schedule of Future Min

Leases - Schedule of Future Minimum Annual Commitments Under Operating Leases (Details) $ in Thousands	Sep. 30, 2022 USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2022 (remaining three months)	$ 1,983
2023	7,993
2024	7,970
2025	8,019
2026	6,603
Thereafter	8,573
Total lease payments	41,141
Less: imputed interest	4,188
Total operating lease liabilities	$ 36,953

Equity-Based Compensation - Inc

Equity-Based Compensation - Incentive Units Narrative (Details) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended			9 Months Ended		10 Months Ended
	Sep. 30, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) shares	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) $ / shares shares	Sep. 30, 2021 USD ($)	Oct. 28, 2021 USD ($) installment shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price of incentive units (in dollars per share) | $ / shares	$ 0.000001			$ 0.000001
Service-based units percentage of incentive awards	33.33%			33.33%
Performance-based units percentage of incentive awards	66.67%			66.67%
Share-based compensation expense | $				$ 13,213	$ 732
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Liquidation value						4
Incentive Service Unit
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)				4 years
Share-based compensation expense | $	$ 3,400		$ 200	$ 10,200	$ 700
Incentive Service Unit | Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage				25%
Incentive Service Unit | Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)				3 years
Award vesting percentage				75%
Incentive Unit
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units outstanding (in shares)						27,600
Incentive units outstanding (in shares)	3,400			3,400
Common units, vested (in shares)				257
Common units, outstanding (in shares)	1,915	2,238		1,915
Fair value | $				$ 1,120
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)						2 years
Common units, vested (in shares)						900
Common units, outstanding (in shares)						2,300
Common units, unvested (in shares)						1,400
Share-based compensation expense | $		$ 3,300
Fair value | $						$ 25,800
Performance Shares | Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)						1 year
Award vesting percentage						50%
Performance Shares | Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage						50%
Number of quarterly installments | installment						4

Equity-Based Compensation - Gra

Equity-Based Compensation - Grant Date Fair Value Valuation Assumptions (Details) - Incentive Unit - $ / shares	12 Months Ended
	Dec. 31, 2020	Sep. 30, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (years)	4 years
Expected stock price volatility	36%
Risk-free interest rate	0.30%
Dividend yield	0%
DLOM estimate	16%
Weighted average fair value at grant date (in dollars per share)	$ 0.25	$ 15.15	$ 13.91

Equity-Based Compensation - Sum

Equity-Based Compensation - Summary of Incentive Units (Details) - Incentive Unit - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Outstanding Incentive Units
Beginning balance (in shares)	2,238
Granted (in shares)	0
Forfeited/canceled (in shares)	(66)
Vested (in shares)	(257)
Ending balance (in shares)	1,915	2,238
Exercisable (in shares)	0
Weighted Average Grant Date Fair Value Per Unit
Beginning balance (in dollars per share)	$ 13.91	$ 0.25
Granted (in dollars per share)	0
Forfeited/canceled (in dollars per share)	15.02
Vested (in dollars per share)	4.35
Ending balance (in dollars per share)	15.15	$ 13.91
Exercisable, weighted-average exercise price (in dollars per share)	$ 0
Weighted Average Remaining Contractual Term (Years)
Outstanding	1 year 2 months 26 days	2 years 1 month 9 days
Exercisable
Aggregate Intrinsic Value
Beginning balance	$ 31,124
Forfeited/canceled	(987)
Vested	(1,120)
Ending balance	29,017	$ 31,124
Exercisable, aggregate intrinsic value	$ 0

Equity-Based Compensation - I_2

Equity-Based Compensation - Incentive Award Plan Narrative (Details) - Share-based Payment Arrangement - Incentive Award Plan - Class A Common Stock	Oct. 28, 2021 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units authorized (in shares)	10,789,561
Share based payment award percentage of outstanding shares	5%

Equity-Based Compensation - Sto

Equity-Based Compensation - Stock Options Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation		$ 13,213	$ 732
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price percentage		100%
Award vesting period (in years)		4 years
Equity-based compensation	$ 100	$ 400
Stock Option | Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage		25%
Stock Option | Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)		3 years

Equity-Based Compensation - S_2

Equity-Based Compensation - Summary of Stock Options (Details) - Stock Option - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Outstanding Incentive Units
Granted (in shares)	327
Incentive Award Plan
Outstanding Incentive Units
Beginning balance (in shares)	340
Granted (in shares)	327
Exercised (in shares)	0
Forfeited/canceled (in shares)	(93)
Ending balance (in shares)	574	340
Exercisable (in shares)	0
Weighted Average Grant Date Fair Value Per Unit
Beginning balance (in dollars per share)	$ 17
Granted (in dollars per share)	5.71
Exercised (in dollars per share)	0
Forfeited/canceled (in dollars per share)	17
Ending balance (in dollars per share)	10.57	$ 17
Exercisable, weighted-average exercise price (in dollars per share)	$ 0
Weighted Average Remaining Contractual Term (Years)
Outstanding	6 years	9 years 9 months 18 days
Aggregate Intrinsic Value
Beginning balance	$ 0
Ending balance	0	$ 0
Exercisable, aggregate intrinsic value	$ 0

Equity-Based Compensation - Unv

Equity-Based Compensation - Unvested Incentive Unit, Common Unit Activity and Stock Option (Details) - Stock Option shares in Thousands	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Options
Unvested beginning balance (in shares) | shares	340
Granted (in shares) | shares	327
Vested (in shares) | shares	0
Forfeited/cancelled (in shares) | shares	(93)
Unvested, ending balance (in shares) | shares	574
Weighted-Average Grant Date Fair Value
Beginning balance (in dollars per share) | $ / shares	$ 8.71
Granted (in dollars per share) | $ / shares	2.84
Vested (in dollars per share) | $ / shares	0
Forfeited/cancelled (in dollars per share) | $ / shares	8.71
Ending balance (in dollars per share) | $ / shares	$ 5.36

Equity-Based Compensation - S_3

Equity-Based Compensation - Stock Option Valuation Assumption (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	3.10%
Expected volatility	40.70%
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	2.70%
Risk-free interest rate		1.60%
Expiration (in years)	10 years	10 years
Expected volatility	40.50%
Expected volatility		37%
Dividend yield	0%	0%

Equity-Based Compensation - Res

Equity-Based Compensation - Restricted Stock Units Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation		$ 13,213	$ 732
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)		4 years
Equity-based compensation	$ 1,000	$ 2,500
Restricted Stock Units (RSUs) | Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage		25%
Restricted Stock Units (RSUs) | Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)		3 years

Equity-Based Compensation - Sch

Equity-Based Compensation - Schedule of Restricted Stock Units (Details) - Restricted Stock Units (RSUs)	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Stock Appreciation Rights Activity
Outstanding at beginning of period (in shares) | shares	661,000
Granted (in shares) | shares	730,000
Vested and converted to shares (in shares) | shares	(12,000)
Forfeited/canceled (in shares) | shares	(149,000)
Outstanding at end of period (in shares) | shares	1,230,000
Weighted-Average
Outstanding at beginning of period (in dollars per share) | $ / shares	$ 19.05
Granted (in dollars per share) | $ / shares	5.32
Vested and converted to shares (in dollars per share) | $ / shares	19.26
Forfeited/canceled (in dollars per share) | $ / shares	17.71
Outstanding at end of period (in dollars per share) | $ / shares	$ 11.06

Equity-Based Compensation - Emp

Equity-Based Compensation - Employee Stock Purchase Plan (Details) - Employee Stock - shares	1 Months Ended	12 Months Ended
	Oct. 31, 2021	Sep. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units authorized (in shares)	1,618,434
Share based payment award percentage of outstanding shares	0.50%
Shares issued (in shares)		60,436
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units authorized (in shares)	6,473,736

Income Taxes (Details)

Income Taxes (Details) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Oct. 27, 2021
Operating Loss Carryforwards [Line Items]
Effective tax rate (as a percent)	19.60%		(2.40%)	11.90%	0.30%
Income tax (benefit) expense	$ (980,000)		$ (49,000)	$ (3,677,000)	$ 123,000
Deferred tax liabilities, investment in holdings	45,100,000			45,100,000
Valuation allowance	27,100,000			27,100,000
Valuation allowance, goodwill impairment		$ 900,000
Payments to members of holdings				7,275,000	$ 0
Tax Receivable Agreement
Operating Loss Carryforwards [Line Items]
Noncontrolling interest holders tax benefit percentage						85%
Remaining noncontrolling interest holders tax benefit percentage						15%
Redemption of LLC interest	0			0
Payments to members of holdings	0			0
Related party debt repaid	$ 0			$ 0
Subsidiaries
Operating Loss Carryforwards [Line Items]
Weighted average ownership interest	67%			67%

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	Dec. 31, 2021 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Purchase commitment	$ 14.8

Fair Value Measurements (Detail

Fair Value Measurements (Details) - Fair Value, Recurring - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, net	$ 171,918	$ 128,148
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, net	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, net	171,918	128,148
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, net	$ 0	$ 0

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Jun. 30, 2022	Sep. 30, 2022
Impairment of goodwill		$ 27,901
Trademark
Impairment of finite-lived intangible assets	$ 2,700
ISLE
Impairment of goodwill	$ 27,900

Shareholders' and Members' Eq_2

Shareholders' and Members' Equity (Details) $ / shares in Units, $ in Millions	Sep. 30, 2022 USD ($) vote $ / shares shares	Dec. 31, 2021 $ / shares shares
Class A Common Stock
Class of Stock [Line Items]
Common stock authorized (in shares) | shares	475,000,000	475,000,000
Common stock par value (in dollars per share) | $ / shares	$ 0.001	$ 0.001
Class B Common Stock
Class of Stock [Line Items]
Common stock authorized (in shares) | shares	50,000,000	50,000,000
Common stock par value (in dollars per share) | $ / shares	$ 0.001	$ 0.001
Class A units
Class of Stock [Line Items]
Units authorized (in shares) | shares	250,000,000
Units authorized, price per unit (in dollars per share) | $ / shares	$ 1
Units, votes per share | vote	1
Class B units
Class of Stock [Line Items]
Units authorized (in shares) | shares	175,000,000
Units authorized, price per unit (in dollars per share) | $ / shares	$ 1
Units, votes per share | vote	1
Fair value of units issued | $	$ 4.7
Class A and Class B units
Class of Stock [Line Items]
Additional units authorized, maximum percentage of outstanding units without prior written consent (as a percent)	10%

Net (Loss) Income Per Share (De

Net (Loss) Income Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended						9 Months Ended
		Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share [Abstract]
Net (loss) income		$ (4,020)	$ (19,873)	$ (3,235)	$ 2,120	$ 19,728	$ 22,234	$ (27,128)	$ 44,082
Less: net (loss) income attributable to noncontrolling interests		(1,816)			937			(10,850)	1,166
Net (loss) income attributable to Solo Brands, Inc.	[1]	(2,204)			$ 1,183			(16,278)	$ 42,916
Numerator:
Net income (loss) attributable to Class A common shareholders - basic		(2,204)						(16,278)
Net income (loss) attributable to Class A common shareholders - diluted		$ (2,204)						$ (16,278)
Denominator:
Weighted average shares of Class A common stock outstanding - basic (in shares)	[2]	63,470,000						63,429,000
Weighted average shares of Class A common stock outstanding - diluted (in shares)	[2]	63,470,000						63,429,000
Earnings Per Share Reconciliation [Abstract]
Basic (in dollars per share)	[2]	$ (0.03)						$ (0.26)
Diluted (in dollars per share)	[2]	$ (0.03)						$ (0.26)
[1]Controlling interests refers to Solo Brands, Inc. for the three and nine month periods ended September 30, 2022 and Solo Stove Holdings, LLC for the three and nine month periods ended September 30, 2021.[2]Refer to Note 16, Net (Loss) Income Per Share, for why the earnings per share information has not been presented for the periods three and nine months ended September 30, 2021.

Net (Loss) Income Per Share - N

Net (Loss) Income Per Share - Narrative (Details) - shares shares in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Class B Common Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	33.4	33.4
Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	0.6	0.6
Restricted Stock Units (RSUs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	1.2	1.2

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ / shares in Units, $ in Millions		9 Months Ended
	Oct. 01, 2022	Sep. 30, 2022
Subsequent Event | Tranche One
Subsequent Event [Line Items]
Award vesting period (in years)	4 years
Award vesting percentage	25%
Subsequent Event | Tranche Two
Subsequent Event [Line Items]
Award vesting percentage	25%
Subsequent Event | Tranche Three
Subsequent Event [Line Items]
Award vesting percentage	25%
Subsequent Event | Tranche Four
Subsequent Event [Line Items]
Award vesting percentage	25%
Subsequent Event | Share-Based Payment Arrangement, Tranches Two Through Four
Subsequent Event [Line Items]
Award vesting period (in years)	3 years
Stock Option
Subsequent Event [Line Items]
Granted (in shares)		327,000
Award vesting period (in years)		4 years
Stock Option | Tranche One
Subsequent Event [Line Items]
Award vesting percentage		25%
Stock Option | Tranche Two
Subsequent Event [Line Items]
Award vesting period (in years)		3 years
Stock Option | Subsequent Event
Subsequent Event [Line Items]
Aggregate grant date fair value	$ 0.4
Stock Option | Subsequent Event | October 1, 2022 Tranche One
Subsequent Event [Line Items]
Granted (in shares)	174,528
Granted (in dollars per share)	$ 3.80
Granted (in dollars per share)	$ 2.05
Aggregate grant date fair value	$ 2.7
Restricted Stock Units (RSUs)
Subsequent Event [Line Items]
Granted (in shares)		730,000
Granted (in dollars per share)		$ 5.32
Award vesting period (in years)		4 years
Restricted Stock Units (RSUs) | Tranche One
Subsequent Event [Line Items]
Award vesting percentage		25%
Restricted Stock Units (RSUs) | Tranche Two
Subsequent Event [Line Items]
Award vesting period (in years)		3 years
Restricted Stock Units (RSUs) | Subsequent Event | October 1, 2022 Tranche One
Subsequent Event [Line Items]
Granted (in shares)	703,706
Granted (in dollars per share)	$ 3.80
Preferred Stock Units (PSUs) | Subsequent Event
Subsequent Event [Line Items]
Granted (in shares)	1,295,549
Expiration period	2 years