Xponential Fitness, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Summary of Significant Accounting Policies (Tables)

Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2025

Accounting Policies [Abstract]

Reconciliation of Activity Related to Accounts Receivable and Notes Receivable Allowance for Credit Losses

The following table provides a reconciliation of the activity related to the Company’s accounts receivable and notes receivable allowance for credit losses:


		Accounts receivable				Notes receivable				Total
Balance at December 31, 2024		$	2,510			$	205			$	2,715
Bad debt expense recognized during the year			1,133				30				1,163
Write-off of uncollectible amounts			(1,997	)			(122	)			(2,119	)
Balance at June 30, 2025		$	1,646			$	113			$	1,759

Summary of Prepaid Expenses and Other Current Assets


		June 30,				December 31,
		2025				2024
Prepaid expenses and other current assets
Prepaid expenses and other		$	6,812			$	2,210
Tax receivables			2,591				2,659
Gift card receivable			5,420				5,809
Total prepaid expenses and other current assets		$	14,823			$	10,678

Summary of Accrued Expenses



Accrued expenses
Accrued compensation		$	2,902			$	1,914
Contingent consideration from acquisitions, current portion			575				581
Sales tax accruals			837				1,197
Legal accruals			29,259				13,835
Other accruals			9,871				13,796
Total accrued expenses		$	43,444			$	31,323

Summary of Other Current liabilities



Other current liabilities
Lease liabilities, short-term		$	5,856			$	5,276
Promissory note			3,467				3,350
Tax receivable agreement liability, current portion			11				2,090
Gift card liability			5,420				5,809
Other current liabilities			1,664				1,719
Total other current liabilities		$	16,418			$	18,244