Purple Innovation Files Q1 2025 10-Q

TL;DR

Purple Innovation (PRPL) filed its Q1 2025 10-Q. All good.

AI Summary

Purple Innovation, Inc. filed its quarterly report on Form 10-Q for the period ended March 31, 2025. The company, previously known as Global Partner Acquisition Corp., is incorporated in Delaware and operates in the household furniture sector. Its principal executive offices are located in Lehi, Utah.

Why It Matters

This filing provides investors with an update on Purple Innovation's financial performance and operational status for the first quarter of 2025.

Risk Assessment

Risk Level: low — This is a standard quarterly filing providing routine financial and operational updates.

Key Players & Entities

• Purple Innovation, Inc. (company) — Registrant
• Global Partner Acquisition Corp. (company) — Former company name
• March 31, 2025 (date) — Quarterly period end date
• 4100 NORTH CHAPEL RIDGE ROAD SUITE 200 LEHI , UTAH 84043 (address) — Principal executive offices
• 001-37523 (other) — Commission File Number

FAQ

From the Filing

0001213900-25-040145.txt : 20250506 0001213900-25-040145.hdr.sgml : 20250506 20250506160114 ACCESSION NUMBER: 0001213900-25-040145 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 99 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250506 DATE AS OF CHANGE: 20250506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Purple Innovation, Inc. CENTRAL INDEX KEY: 0001643953 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD FURNITURE [2510] ORGANIZATION NAME: 04 Manufacturing EIN: 474078206 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-37523 FILM NUMBER: 25917077 BUSINESS ADDRESS: STREET 1: 4100 N. CHAPEL RIDGE RD STREET 2: SUITE 200 CITY: LEHI STATE: UT ZIP: 84043 BUSINESS PHONE: 801-756-2600 MAIL ADDRESS: STREET 1: 4100 N. CHAPEL RIDGE RD STREET 2: SUITE 200 CITY: LEHI STATE: UT ZIP: 84043 FORMER COMPANY: FORMER CONFORMED NAME: Global Partner Acquisition Corp. DATE OF NAME CHANGE: 20150602 10-Q 1 ea0238661-10q_purple.htm QUARTERLY REPORT     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549   FORM 10-Q   ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934   FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2025   OR   ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934   FOR THE TRANSITION PERIOD FROM _____________ TO _____________   Commission File Number: 001-37523     PURPLE INNOVATION, INC. (Exact name of registrant as specified in its charter)   Delaware   47-4078206 (State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)   4100 NORTH CHAPEL RIDGE ROAD SUITE 200 LEHI , UTAH   84043 (Address of principal executive offices)   (Zip Code)   Registrant’s telephone number, including area code: (801) 756-2600   Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Class A Common Stock, par value $0.0001 per share   PRPL   The NASDAQ Stock Market LLC Preferred Stock Purchase Rights   N/A   The NASDAQ Stock Market LLC   Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes  ☒    No ☐   Indicate by check mark whether the registrant has submitted electronically every Interactive Date File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒    No ☐    Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act.   Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☒ Smaller reporting company ☒     Emerging growth company ☐   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐   Indicate by check mark whether the registrant is a