Zevia PBC (ZVIA) 10-Q9 May 232023 Q1 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	3 Months Ended
Cover Page - shares	Mar. 31, 2023	May 01, 2023
Document Information [Line Items]
Document Type	10-Q
Entity Registrant Name	Zevia PBC
Amendment Flag	false
Entity Central Index Key	0001854139
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
Entity Incorporation, State or Country Code	DE
Entity File Number	001-40630
Entity Tax Identification Number	86-2862492
Entity Address, Address Line One	15821 Ventura Blvd.
Entity Address, Address Line Two	Suite 135
Entity Address, City or Town	Encino
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	91436
City Area Code	855
Local Phone Number	469-3842
Title of 12(b) Security	Class A common stock, par value $0.001 pershare
Trading Symbol	ZVIA
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Small Business	true
Entity Shell Company	false
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		49,385,543
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		21,260,609

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 55,957	$ 47,399
Accounts receivable, net	14,316	11,077
Inventories	28,950	27,576
Assets held for sale	2,157	0
Prepaid expenses and other current assets	2,061	2,607
Total current assets	103,441	88,659
Property and equipment, net	2,655	4,641
Right-of-use assets under operating leases, net	2,384	708
Intangible assets, net	4,222	4,385
Other non-current assets	520	539
Total assets	113,222	98,932
Current liabilities:
Accounts payable	22,177	8,023
Accrued expenses and other current liabilities	7,383	8,408
Current portion of operating lease liabilities	577	715
Total current liabilities	30,137	17,146
Operating lease liabilities, net of current portion	1,808	0
Total liabilities	31,945	17,146
Commitments and contingencies (Note 10)
Stockholders' equity
Preferred Stock, $0.001 par value. 10,000,000 shares authorized, no shares issued and outstanding as of March 31, 2023 and December 31, 2022	0	0
Class A common stock, $0.001 par value. 550,000,000 shares authorized, 49,324,363 and 47,774,046 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	50	48
Class B common stock, $0.001 par value. 250,000,000 shares authorized, 21,260,609 and 21,798,600 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	21	22
Additional paid-in capital	191,402	189,724
Accumulated deficit	(81,934)	(79,843)
Total Zevia PBC stockholder's equity	109,539	109,951
Noncontrolling Interests	(28,262)	(28,165)
Total equity	81,277	81,786
Total liabilities and equity	$ 113,222	$ 98,932

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited) - $ / shares	Mar. 31, 2023	Dec. 31, 2022
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common Class A [Member]
Common stock par value	$ 0.001	$ 0.001
Common stock shares authorized	550,000,000	550,000,000
Common stock shares issued	49,324,363	47,774,046
Common stock shares outstanding	49,324,363	47,774,046
Common Class B [Member]
Common stock par value	$ 0.001	$ 0.001
Common stock shares authorized	250,000,000	250,000,000
Common stock shares issued	21,260,609	21,798,600
Common stock shares outstanding	21,260,609	21,798,600

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Net sales	$ 43,300	$ 38,034
Cost of goods sold	23,195	22,155
Gross profit	20,105	15,879
Operating expenses:
Selling and marketing	11,912	14,053
General and administrative	8,645	10,129
Equity based compensation	2,380	8,901
Depreciation and amortization	419	351
Total operating expenses	23,356	33,434
Loss from operations	(3,251)	(17,555)
Other income, net	340	82
Loss before income taxes	(2,911)	(17,473)
Provision for income taxes	1	12
Net loss and comprehensive loss	(2,912)	(17,485)
Loss attributable to noncontrolling interest	821	6,587
Net loss attributable to Zevia PBC	$ (2,091)	$ (10,898)
Net loss per share attributable to common stockholders, basic	$ (0.03)	$ (0.28)
Net loss per share attributable to common shareholders, diluted	$ (0.04)	$ (0.28)
Weighted-average shares of Class A common stock outstanding - basic	49,372,874	38,371,713
Weighted-average diluted shares	72,250,338	38,371,713

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($) $ in Thousands	Total	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Noncontrolling Interest [Member]	Common Stock [Member] Common Class A [Member]	Common Stock [Member] Common Class B [Member]
Beginning Balance (in shares) at Dec. 31, 2021					34,463,417	30,113,152
Beginning Balance at Dec. 31, 2021	$ 104,559	$ 174,404	$ (45,986)	$ (23,923)	$ 34	$ 30
Vesting and release of common stock under equity incentive plans, net (in shares)					2,298,547
Vesting and release of common stock under equity incentive plans, net	(2,130)	(2,133)			$ 3
Exchange of Class B common stock for Class A common stock (in shares)					1,970,802	(1,970,802)
Exchange of Class B common stock for Class A common stock		(1,929)		1,929	$ 2	$ (2)
Exercise of stock options	16	16
Exercise of stock options Shares					56,659
Equity-based compensation	8,901	8,901
Net loss	(17,485)		(10,898)	(6,587)
Ending Balance at Mar. 31, 2022	93,861	179,259	(56,884)	(28,581)	$ 39	$ 28
Ending Balance (in shares) at Mar. 31, 2022					38,789,425	28,142,350
Beginning Balance (in shares) at Dec. 31, 2022					47,774,046	21,798,600
Beginning Balance at Dec. 31, 2022	81,786	189,724	(79,843)	(28,165)	$ 48	$ 22
Vesting and release of common stock under equity incentive plans, net (in shares)					981,902
Vesting and release of common stock under equity incentive plans, net	0	(1)			$ 1
Exchange of Class B common stock for Class A common stock (in shares)					537,991	(537,991)
Exchange of Class B common stock for Class A common stock		(724)		724	$ 1	$ (1)
Exercise of stock options	$ 23	23
Exercise of stock options Shares	30,424				30,424
Equity-based compensation	$ 2,380	2,380
Net loss	(2,912)		(2,091)	(821)
Ending Balance at Mar. 31, 2023	$ 81,277	$ 191,402	$ (81,934)	$ (28,262)	$ 50	$ 21
Ending Balance (in shares) at Mar. 31, 2023					49,324,363	21,260,609

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating activities:
Net loss	$ (2,912)	$ (17,485)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Non-cash lease expense	142	149
Depreciation and amortization	419	351
Amortization of debt issuance cost	19	0
Equity based compensation	2,380	8,901
Changes in operating assets and liabilities:
Accounts receivable, net	(3,239)	(4,376)
Inventories	(1,374)	(920)
Prepaid expenses and other assets	546	957
Accounts payable	14,589	1,645
Accrued expenses and other current liabilities	(1,025)	(456)
Operating lease liabilities	(148)	(166)
Net cash provided by (used in) operating activities	9,397	(11,400)
Investing activities:
Purchases of property, equipment and software	(862)	(565)
Net cash used in investing activities	(862)	(565)
Financing activities:
Payment of debt issuance costs	0	(213)
Minimum tax withholding paid on behalf of employees for net share settlement	0	(2,130)
Proceeds from exercise of stock options	23	16
Net cash provided by (used in) financing activities	23	(2,327)
Net change from operating, investing, and financing activities	8,558	(14,292)
Cash and cash equivalents at beginning of period	47,399	43,110
Cash and cash equivalents at end of period	55,957	28,818
Non-cash investing and financing activities
Capital expenditures included in accounts payable	71	141
Non-cash financing activities
Conversion of Class B common stock to Class A common stock	724	1,929
Operating lease right-of-use assets obtained in exchange for lease liabilities	1,818	1,021
Supplemental Disclosure of Cash Flow Information:
Cash paid for interest	19	0
Cash paid for income taxes	$ 52	$ 0

Description of Business and Bas

Description of Business and Basis of Presentation	3 Months Ended
Description of Business and Basis of Presentation	Mar. 31, 2023
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Description of Business and Basis of Presentation	1. DESCRIPTION OF BUSINESS Organization and operations Zevia PBC (the “Company,” “we,” “us,” “our”), is a high-growth company that develops, markets, sells, and distributes great tasting, zero sugar beverages made with simple, plant-based ingredients. We are a Delaware public benefit corporation and have been designated as a “Certified B Corporation,” and are focused on addressing the global health challenges resulting from excess sugar consumption by offering a broad portfolio of zero sugar, zero calorie, naturally sweetened beverages. All Zevia® beverages are Non-GMO Project verified, gluten-free, Kosher, vegan and zero sodium and include a variety of flavors across Soda, Energy Drinks, Organic Tea, Mixers, and Kidz drinks. Our products are distributed and sold principally across the United States (“U.S.”) and Canada through a diverse network of major retailers in the food, drug, warehouse club, mass, natural and e-commerce channels and in grocery and natural product stores and specialty outlets. The Company’s products are manufactured and generally maintained at third-party beverage production and warehousing facilities located in both the U.S. and Canada. The Company completed its initial public offering (“IPO”) of 10,700,000 shares of its Class A common stock at an offering price of $ 14.00 per share on July 26, 2021. Its Class A common stock is listed on the New York Stock Exchange trading under the ticker symbol “ZVIA.”

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
Summary of Significant Accounting Policies	Mar. 31, 2023
Summary of Significant Accounting Policies	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“US GAAP”) for interim financial reporting and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, these financial statements do not include all information and footnotes required by US GAAP for complete financial statements and are not necessarily indicative of the results to be expected for the fiscal year ending December 31, 2023, or for any other interim period or any other future fiscal year. The balance sheet as of December 31, 2022 included herein was derived from the audited financial statements as of that date but does not include all disclosures, including certain notes, required by US GAAP that are required on an annual reporting basis. Certain information and note disclosures normally included in the financial statements prepared in accordance with US GAAP have been omitted pursuant to such rules and regulations. Therefore, these interim financial statements should be read in conjunction with the financial statements for the fiscal year ended December 31, 2022 and accompanying notes included in the Annual Report. In the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for the fair presentation of the condensed consolidated financial statements for the periods presented have been reflected. Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of the Company and its subsidiary, Zevia LLC, that it controls due to ownership of a majority voting interest. All intercompany transactions and balances have been eliminated in consolidation. The Company owns a majority economic interest in, and operates and controls all of the business and affairs of, Zevia LLC. Accordingly, the Company has prepared these unaudited condensed consolidated financial statements in accordance with Accounting Standards Codification (“ASC”) Topic 810, Consolidation . On January 1, 2022, the Company and Zevia LLC entered into a service agreement to transfer the services of all employees of the Company to Zevia LLC. Under terms of the service agreement between the entities, the payroll costs of employees are borne by Zevia LLC while certain other non-payroll costs, such as those associated with stock compensation arrangements, remain with the Company. In addition, pursuant to the Thirteenth Amended and Restated Limited Liability Company Agreement of Zevia LLC, dated as of July 21, 2021, Zevia LLC shall reimburse the Company, for certain expenses for overhead, administrative, and other expenses, at the Company's discretion. For the three months ended March 31, 2023 and 2022 , we determined that the majority of such costs will be retained by the Company, with certain costs directly attributable to Zevia LLC being borne by that entity. These costs impacted the amount of net loss reported by Zevia LLC and consequently impacted the amount allocated to noncontrolling interest. Reclassifications Certain amounts from prior periods have been reclassified in the unaudited condensed consolidated statements of operations and comprehensive loss to conform to the current period presentation. Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss: The following table presents the reclassifications made to the Condensed Consolidated Statements of Operations and Comprehensive Loss for the three months ended March 31, 2022 in order to reclassify repackaging and handling costs from cost of goods sold to selling and marketing expenses. The Company believes this classification change more accurately describes the financial impacts of the fulfillment activities conducted by the Company. The Company made this change in classification during the third quarter of 2022 as a result of an increasing trend in the occurrence of such fulfillment costs in the business. (in thousands) Three Months Ended March 31, 2022 Reclassification Three Months Ended March 31, 2022 Cost of goods sold $ 23,413 $ ( 1,258 ) $ 22,155 Gross profit 14,621 1,258 15,879 Selling and marketing expenses 12,795 1,258 14,053 Assets held-for-sale The Company classifies long-lived assets or disposal groups to be sold as held-for-sale in the period in which all of the following criteria are met: (1) management, having the authority to approve the action, commits to a plan to sell the asset or disposal group; (2) the asset or disposal group is available for immediate sale in its present condition subject only to terms that are usual and customary for sales of such assets or disposal groups; (3) an active program to locate a buyer and other actions required to complete the plan to sell the asset or disposal group have been initiated; (4) the sale of the asset or disposal group is probable, and transfer of the asset or disposal group is expected to qualify for recognition as a completed sale within one year, except if events or circumstances beyond our control extend the period of time required to sell the asset or disposal group beyond one year; (5) the asset or disposal group is being actively marketed for sale at a price that is reasonable in relation to its current fair value; and (6) actions required to complete the plan indicate that it is unlikely that significant changes to the plan to sell or dispose will be made or that the plan to sell or dispose will be withdrawn. Long-lived assets or disposal groups that are classified as held-for-sale are measured at the lower of its carrying value or fair value less any costs to sell. Any loss resulting from this measurement is recognized in the period in which the held-for-sale criteria are met. Conversely, gains are not recognized on the sale of a long-lived asset or disposal group until the date of sale. We assess the fair value of a long-lived asset or disposal group less any costs to sell each reporting period it remains classified as held-for-sale and report any subsequent changes as an adjustment to the carrying value of the asset or disposal group, as long as the new carrying value does not exceed the carrying value of the asset at the time it was initially classified as held-for-sale. Upon determining that a long-lived asset or disposal group meets the criteria to be classified as held-for-sale, the Company ceases depreciation and reports long-lived assets and/or the assets and liabilities of the disposal group, if material, in the line items assets held-for-sale and liabilities held-for-sale, respectively, in our unaudited condensed consolidated balance sheet. Use of estimates The preparation of the unaudited condensed consolidated financial statements in accordance with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, as well as the reported amount of net sales and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates made by the Company relate to: net sales and associated cost recognition; the useful lives assigned to and the recoverability of property and equipment; reserves recorded for inventory obsolescence; the incremental borrowing rate for lease liabilities; allowance for doubtful accounts; recoverability of intangible assets; realization of deferred tax assets; and the determination of the fair value of equity instruments, including redeemable convertible preferred and common units, restricted unit awards, and equity-based compensation awards. On an ongoing basis, the Company evaluates its estimates compared to historical experience and trends, which form the basis for making judgments about the carrying value of its assets and liabilities. As of March 31, 2023 , the Company’s operations continued to be impacted by higher operating costs as a result of the global economy and economic uncertainties which impacted logistics, manufacturing, and labor costs, which the Company expects to continue throughout 2023. The Company will continue to monitor the situation and the economic environment, including any impact from current and future global events, and their effects on its business and operations. Recent accounting pronouncements The Company is an emerging growth company, as defined in the Jumpstart Our Business Startups Act (“JOBS Act”). Under the JOBS Act, emerging growth companies can delay adopting new or revised accounting standards issued subsequent to the enactment of the JOBS Act until those standards apply to private companies. The Company has elected to use this extended transition period for complying with new or revised accounting standards that have different effective dates for public and private companies until the earlier of the date that it (i) is no longer an emerging growth company or (ii) affirmatively and irrevocably opts out of the extended transition period provided in the JOBS Act. As a result, the unaudited condensed consolidated financial statements may not be comparable to companies that comply with the new or revised accounting pronouncements as of public company effective dates. Recently Issued Accounting Pronouncements – Recently Adopted In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . This ASU provides for a new impairment model that requires measurement and recognition of expected credit losses for most financial assets held. The ASU is effective for private companies for annual periods, and interim periods within those annual periods, beginning after December 15, 2022. The Company adopted ASU 2021-04 as of January 1, 2023. The adoption of ASU 2016-13 did not have a significant impact on the Company’s financial statements. Any other recently issued accounting pronouncements are neither relevant, nor expected to have a material impact on the Company’ s financial statements.

Revenues

Revenues	3 Months Ended
Revenues	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Revenues	3. REVENUES Disaggregation of Revenue The Company’ s products are distributed and sold principally across the U.S. and Canada through a diverse network of major retailers, including: grocery stores, natural products stores, specialty outlets, and warehouse clubs; and through online/e-commerce channels. The following table disaggregates the Company’s sales by channel: Three Months Ended March 31, (in thousands) 2023 2022 Retail sales $ 36,927 $ 34,164 Online/e-commerce 6,373 3,870 Net sales $ 43,300 $ 38,034 The following table disaggregates the Company’s sales by geographic location of the respective customers: Three Months Ended March 31, (in thousands) 2023 2022 United States $ 39,347 $ 34,189 Canada 3,953 3,845 Net sales $ 43,300 $ 38,034 Contract liabilities The Company did no t have any material unsatisfied performance obligations as of March 31, 2023 or December 31, 2022 .

Inventories

Inventories	3 Months Ended
Inventories	Mar. 31, 2023
Inventory Disclosure [Abstract]
Inventories	4. INVENTORIES Inventories consist of the following as of: (in thousands) March 31, 2023 December 31, 2022 Raw materials $ 10,347 $ 7,527 Finished goods 18,603 20,049 Inventories $ 28,950 $ 27,576

Assets Held for Sale

Assets Held for Sale	3 Months Ended
Assets Held for Sale	Mar. 31, 2023
Property, Plant and Equipment Assets Held-for-sale Disclosure [Abstract]
Assets Held for Sale	5. ASSETS HELD-FOR-SALE As of March 31, 2023, the Company determined that its warehouse located in Evansville, Indiana, met the criteria to be classified as held-for-sale. As a result, the Company was required to record the related warehouse assets at the lower of carrying value or fair value less any costs to sell. As the fair value less any costs to sell exceeded the carrying value, the related assets were recorded at their carrying value and reclassified from property and equipment, net, to assets held-for-sale on the unaudited condensed consolidated balance sheet as of March 31, 2023, and any resulting gain will be recognized upon closing of any proposed transaction. The Company ceased recording depreciation on property, plant and equipment as of the date the assets triggered held-for-sale accounting. The assets and liabilities held-for-sale are being marketed for sale and it is the Company’s intention to complete the sales of these assets within the next twelve months.

Property and Equipment, Net

Property and Equipment, Net	3 Months Ended
Property and Equipment, Net	Mar. 31, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	6. PROPERTY AND EQUIPMENT, NET Property and equipment consist of the following as of: (in thousands) March 31, 2023 December 31, 2022 Land $ — $ 336 Leasehold improvements 1,168 463 Computer equipment and software 831 796 Furniture and equipment 785 544 Vehicles 196 196 Quality control and marketing equipment 1,734 1,636 Buildings and improvements — 1,610 Assets not yet placed in service 131 1,128 4,845 6,709 Less accumulated depreciation ( 2,190 ) ( 2,068 ) Property and equipment, net $ 2,655 $ 4,641 For the three months ended March 31, 2023 and 2022, depreciation expense, including the amortization of leasehold improvements, amounted to approximately $ 0.2 million and $ 0.2 million, respectively. These amounts are included under depreciation and amortization in the accompanying unaudited condensed consolidated statements of operations and comprehensive loss .

Intangible Assets, Net

Intangible Assets, Net	3 Months Ended
Intangible Assets, Net	Mar. 31, 2023
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Intangible Assets, Net	. INTANGIBLE ASSETS, NET The following table provides information pertaining to the Company’s intangible assets as of: March 31, 2023 (in thousands) Weighted-Average Remaining Useful Life Gross Carrying Amount Accumulated Amortization Intangible Assets, Net Software 1.8 $ 2,288 $ ( 1,553 ) $ 735 Customer relationships 2.5 3,007 ( 2,520 ) 487 5,295 ( 4,073 ) 1,222 Trademarks N/A 3,000 — 3,000 Intangible assets, net $ 8,295 $ ( 4,073 ) $ 4,222 December 31, 2022 (in thousands) Weighted-Average Remaining Useful Life Gross Carrying Amount Accumulated Amortization Intangible Assets, Net Software 2.0 $ 2,277 $ ( 1,429 ) $ 848 Customer relationships 2.7 3,007 ( 2,470 ) 537 5,284 ( 3,899 ) 1,385 Trademarks N/A 3,000 — 3,000 Intangible assets, net $ 8,284 $ ( 3,899 ) $ 4,385 For the three months ended March 31, 2023 and 2022, total amortization expense amounted to $ 0.2 million and $ 0.2 million, respectively, including $ 0.1 million and $ 0.1 million , respectively, of amortization expense related to software. These amounts are included under depreciation and amortization in the accompanying condensed consolidated statements of operations and comprehensive loss. No impairment losses have been recorded on any of the Company’s intangible assets for the three months ended March 31, 2023 and 2022, respectively. Amortization expense for intangible assets with definite lives is expected to be as follows: (in thousands) Remainder of 2023 $ 462 2024 566 2025 194 Expected amortization expense for intangible assets with definite lives $ 1,222

Debt

Debt	3 Months Ended
Debt	Mar. 31, 2023
Debt Disclosure [Abstract]
Debt	8. DEBT ABL Credit Facility On February 22, 2022, Zevia LLC (the “Borrower”) obtained a revolving credit facility (the “Secured Revolving Line of Credit”) by entering into a Loan and Security Agreement with Bank of America, N.A. (the “Loan and Security Agreement”). The Borrower may draw funds under the Secured Revolving Line of Credit up to an amount not to exceed the lesser of (i) a $ 20 million revolving commitment and (ii) a borrowing base which is comprised of inventory and receivables. Up to $ 2 million of the Secured Revolving Line of Credit may be used for letter of credit issuances and the Borrower has the option to increase the commitment under the Secured Revolving Line of Credit by up to $ 10 million, subject to certain conditions. The Secured Revolving Line of Credit matures on February 22, 2027. There have been no amounts drawn under the Secured Revolving Line of Credit. The Secured Revolving Line of Credit is secured by a first priority security interest in substantially all of the Company's assets. Loans under the Secured Revolving Line of Credit bear interest based on either, at the Borrower’s option, the Bloomberg Short-Term Bank Yield Index rate plus an applicable margin between 1.50 % to 2.00 % or the Base Rate (customarily defined) plus an applicable margin between 0.50 % to 1.00 % with margin, in each case, determined by the average daily availability under the Secured Revolving Line of Credit. Under the Secured Revolving Line of Credit, the Borrower is required to comply with certain covenants, including, among others, by maintaining Liquidity (as defined therein) of $ 7 million at all times until December 31, 2023. Thereafter, the Borrower must satisfy a financial covenant requiring a minimum fixed charge coverage ratio of 1.00 to 1.00 as of the last day of any fiscal quarter following the occurrence of certain events of default that are continuing or any day on which availability under the Secured Revolving Line of Credit is less than the greater of $ 3 million and 17.5 % of the borrowing base, and must again satisfy such financial covenant as of the last day of each fiscal quarter thereafter until such time as there are no events of default and availability has been above such threshold for 30 consecutive days. As of March 31, 2023 , the Company was in compliance with its liquidity covenant.

Leases

Leases	3 Months Ended
Leases	Mar. 31, 2023
Leases [Abstract]
Leases	. LEASES The Company leases its office space which has a remaining lease term of 45 months. In January 2023, the Company entered into an amendment to the lease for its corporate headquarters offices to extend the term through December 31, 2026. The Company’s recognized lease costs include: Three Months Ended March 31, (in thousands) 2023 2022 Income Statement Operating lease cost (1) $ 184 $ 151 (1) Operating lease cost is recorded within general and administrative expenses in the accompanying condensed consolidated statements of operations and comprehensive loss . Three Months Ended March 31, 2023 2022 Weighted-average remaining lease term (months) 45.0 19.8 Weighted-average discount rate 7.6 % 7.6 % The Company’s variable lease costs and short-term lease costs were not material. The Company is obligated under a non-cancellable lease agreement providing for office space that expires on December 31, 2026. Maturities of lease payments under the non-cancellable lease were as follows: (in thousands) March 31, 2023 Remainder of 2023 $ 562 2024 702 2025 729 2026 756 Total lease payments 2,749 Less Imputed Interest ( 364 ) Present value of lease liabilities $ 2,385

Commitments And Contingencies

Commitments And Contingencies	3 Months Ended
Commitments And Contingencies	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	. COMMITMENTS AND CONTINGENCIES Purchase commitments As of March 31, 2023, the Company does not have any material agreements with suppliers for the purchase of raw material with minimum purchase quantities. Legal proceedings The Company is involved from time to time in various claims, proceedings, and litigation. The Company establishes reserves for specific legal proceedings when it determines that the likelihood of an unfavorable outcome is probable, and the amount of loss can be reasonably estimated. Management does not believe that the resolution of these matters would have a material impact on the unaudited condensed consolidated financial statements. The Company has not identified any legal matters where it believes a material loss is reasonably possible.

Balance Sheet Components

Balance Sheet Components	3 Months Ended
Balance Sheet Components	Mar. 31, 2023
Payables and Accruals [Abstract]
Balance Sheet Components	11. BALANCE SHEET COMPONENTS Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consisted of the following as of: (in thousands) March 31, 2023 December 31, 2022 Accrued employee compensation benefits $ 2,680 $ 3,409 Accrued direct selling costs 1,772 1,593 Accrued customer paid bottle deposits 1,368 1,253 Accrued other 1,563 2,153 Total $ 7,383 $ 8,408

Equity-Based Compensation

Equity-Based Compensation	3 Months Ended
Equity-Based Compensation	Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
Equity-Based Compensation	12. EQUITY-BASED COMPENSATION In July 2021, prior to the IPO, the Company adopted the Zevia PBC 2021 Equity Incentive Plan (the “2021 Plan") under which the Company may grant options, stock appreciation rights, restricted stock units ("RSUs"), restricted stock awards, other equity-based awards and incentive bonuses to employees, officers, non-employee directors and other service providers of the Company and its affiliates. The number of shares available for issuance under the 2021 Plan is increased on January 1 of each year beginning in 2022 and ending with a final increase in 2031 in an amount equal to the lesser of: (i) 5 % of the total number of shares of Class A common stock outstanding on the preceding December 31, and (ii) a smaller number of shares determined by the Company's Board of Directors. In November 2021, the Company's Board of Directors approved an amendment to its equity-based compensation plans for a certain number of employees to allow immediate vesting upon retirement of all outstanding RSUs and stock options, and to extend the exercisability of outstanding stock options up to five years after retirement, if they meet certain conditions, including a resignation after the holder has reached 50 years of age with at least 10 years of service to the Company, so long as the holder provides advance notice to the Board of Directors. During the three months ended March 31, 2022, one employee retired from the Company and all outstanding awards and related stock compensation expense of $ 0.6 million was accelerated through his retirement date. As of March 31, 2023, the 2021 Plan provides for future grants and/or issuances of up to approximately 1.8 million shares of our common stock. Stock-based awards under our employee compensation plans are made with newly issued shares reserved for this purpose. Stock Options The Company uses a Black-Scholes valuation model to measure stock option expense as of each respective grant date. Generally, stock option grants vest ratably over four years, have a ten-year term, and have an exercise price equal to the fair market value as of the grant date. The fair value of stock options is amortized to expense over the vesting period. The fair value of stock option awards granted during the period was determined on the grant date using the Black-Scholes valuation model based on the following weighted-average assumptions: Three Months Ended March 31, 2023 2022 Stock price $ 3.00 $ 4.12 Exercise Price 3.00 4.12 Expected term (years) (1) 6.25 6.25 Expected volatility (2) 62.0 % 64.8 % Risk-Free interest rate (3) 3.4 % 2.2 % Dividend yield (4) 0.0 % 0.0 % (1) Expected term represents the estimated period of time until an award is exercised and was determined using the simplified method. (2) Expected volatility is based on the historical volatility of a selected peer group over a period equivalent to the expected term. (3) The risk-free interest rate is an interpolation of yields on U.S. Treasury securities with maturities equivalent to the expected term. (4) We have assumed a dividend yield of zero as the Company has no plans to declare dividends in the foreseeable future. The weighted average grant date fair values for stock options granted for the three months ended March 31, 2023 and 2022 was $ 1.82 and $ 2.52 , respectively. The following is a summary of stock option activity for the three months ended March 31, 2023: Shares Weighted average exercise price Weighted average remaining life Intrinsic value (in thousands) Outstanding Balance as of January 1, 2023 2,769,754 $ 3.36 Granted 1,225,862 $ 3.00 Exercised ( 30,424 ) $ 0.77 Forfeited and expired ( 14,906 ) $ 9.71 Balance as of March 31, 2023 3,950,286 $ 3.24 8.5 $ 4,967 Exercisable at the end of the period 1,072,318 $ 1.81 5.7 $ 3,005 Vested and expected to vest 3,950,286 $ 3.24 8.5 $ 4,967 The total intrinsic values of stock options exercised during the three months ended March 31, 2023 was $ 0.1 million. As of March 31, 2023, total unrecognized compensation expense related to unvested stock options was $ 5.3 million , which is expected to be recognized over a weighted-average period of 3.4 years. Restricted Phantom Units and Restricted Stock Units In July 2021, the Company’ s Board of Directors approved an amendment to 2,422,644 restricted phantom units (the “Restricted Phantom Units ”) previously granted by Zevia LLC (the “Phantom Unit Amendment"). The Phantom Unit Amendment changed the settlement feature of all outstanding Restricted Phantom Units so that following vesting, each award of Restricted Phantom Units would be settled in shares of Class A common stock having a fair market value equal to (i) the number of Restricted Phantom Units subject to such award, multiplied by (ii) the difference between the fair market value of a share of Class A common stock and the grant date price per Restricted Phantom Unit. All other terms related to the Restricted Phantom Units remained unchanged. As a result of the Phantom Unit Amendment, the estimated fair value of the modified awards was $ 33.9 million and was recognized as an expense over the vesting period through January 2022 subsequent to the performance condition being met. In March 2021, the Company’s Board of Directors also approved an amendment to the RSUs granted in August 2020 (“ the RSU Amendment”). The RSU Amendment changed the vesting of such RSUs to occur as follows: (i) in the event of a change of control, the RSUs shall vest effective as of such change of control or (ii) in the event of an initial public offering as in the case of the IPO, the RSUs shall vest in equal monthly installments over a 36-month period following the termination of any lockup period and shall be subject to the participant’s continued employment through such vesting date. Additionally, settlement shall occur within 30 days following the vesting of the RSUs and the participant shall be entitled to receive one share of Class A common stock for each vested RSU. All other terms remained unchanged. As a result of the RSU Amendment, the estimated fair value of the modified awards was $ 48.9 million and are being recognized as expense over the vesting period subsequent to the performance condition being met. As of March 31, 2023 , the remaining service period of the awards is 22 months . The following is a summary of RSU activity for the three months ended March 31, 2023: Shares Weighted average grant date fair value Aggregate Intrinsic Value (in thousands) Balance unvested shares at January 1, 2023 2,560,590 $ 3.90 Granted 984,689 $ 3.00 Vested ( 294,976 ) $ 4.20 Forfeited ( 16,349 ) $ 3.16 Balance unvested at March 31, 2023 3,233,954 $ 3.60 12,451 Expected to vest at March 31, 2023 3,233,954 $ 3.60 12,451 As of March 31, 2023, total unrecognized compensation expense related to unvested RSUs was $ 10.6 million, which is expected to be recognized over a weighted-average period of 2.7 years. As of March 31, 2023, there were 651,874 of RSUs outstanding which vested in 2022 but are subjected to a deferred settlement provision over the next two years and therefore have not been released. As a result, these RSUs are not included in the rollforward above.

Segment Reporting

Segment Reporting	3 Months Ended
Segment Reporting	Mar. 31, 2023
Segment Reporting [Abstract]
Segment Reporting	13. SEGMENT REPORTING The Company has one operating and reporting segment, and operates as a product portfolio with a single business platform. In reaching this conclusion, management considered the definition of the Chief Operating Decision Maker (“CODM”); how the business is defined by the CODM; the nature of the information provided to the CODM and how that information is used to make operating decisions; and how resources and performance are accessed. The Company’s CODM is the Chief Executive Officer. The results of the operations are provided to and analyzed by the CODM at the Company's level and accordingly, key resource decisions and assessment of performance are performed at the Company's level. The Company has a common management team across all product lines and does not manage these products as individual businesses and as a result, cash flows are not distinct.

Major Customers, Accounts Recei

Major Customers, Accounts Receivable and Vendor Concentration	3 Months Ended
	Mar. 31, 2023
Risks and Uncertainties [Abstract]
Major Customers, Accounts Receivable and Vendor Concentration	14. MAJOR CUSTOMERS, ACCOUNTS RECEIVABLE AND VENDOR CONCENTRATION The table below represents the Company’s major customers that accounted for more than 10 % of total net sales for the periods: Three Months Ended March 31, 2023 2022 Customer A 15 % 19 % Customer B 10 % 10 % Customer C 13 % * The table below represents the Company’s customers that accounted for more than 10 % of total accounts receivable, net as of: March 31, 2023 December 31, 2022 Customer A 12 % * Customer B 12 % * Customer D 13 % 10 % Customer E * 17 % Customer H * 12 % The table below represents raw material vendors that accounted for more than 10 % of all raw material purchases for the following periods: Three Months Ended March 31, 2023 2022 Vendor A 23 % 27 % Vendor B 20 % 20 % Vendor C 12 % 13 % Vendor D * 13 % * Less than 10 % of total net sales, accounts receivable, net or raw material purchases.

Loss Per Share

Loss Per Share	3 Months Ended
Loss Per Share	Mar. 31, 2023
Earnings Per Share [Abstract]
Loss Per Share	15. LOSS PER SHARE Basic earnings (loss) per share of Class A common stock is computed by dividing net loss attributable to the Company for the period by the weighted-average number of shares of Class A common stock outstanding during the same period. Diluted earnings per share of Class A common stock is computed by dividing net loss attributable to the Company by the weighted-average number of shares of Class A common stock outstanding adjusted to give effect to potentially dilutive securities and assumed conversion of Zevia LLC Class B Common Units into shares of Class A common stock on a one-for-one basis using the if-converted method. The following table sets forth reconciliations of the numerators and denominators used to compute basic and diluted earnings per share of Class A common stock: Three Months Ended March 31, 2023 2022 (in thousands, except for share and per share amounts) Net loss per share: Numerator: Net loss and comprehensive loss $ ( 2,912 ) $ ( 17,485 ) Less: net loss attributable to non-controlling interests 821 6,587 Add: adjustment to reallocate net loss to controlling interest 597 (1) ( 15 ) (1) Net loss to Zevia PBC - basic $ ( 1,494 ) $ ( 10,913 ) Denominator: Weighted-average shares of Class A common stock outstanding – basic 48,336,489 36,883,000 Add: weighted average shares of vested and unreleased RSUs 1,036,385 (2) 1,488,713 (2) Weighted-average basic shares 49,372,874 38,371,713 Loss per share of Class A common stock – basic $ ( 0.03 ) $ ( 0.28 ) (3) Diluted net loss per share: Numerator: Net loss attributable to Zevia PBC - basic $ ( 1,494 ) $ ( 10,913 ) Add: Loss attributable to noncontrolling interest upon assumed conversion ( 1,418 ) — (4) Net loss and comprehensive loss - diluted $ ( 2,912 ) $ ( 10,913 ) Denominator: Weighted-average shares of Class A common stock outstanding – basic 49,372,874 38,371,713 Dilutive effect of incremental shares for conversion of Class B units 21,631,225 — (4) Dilutive effect of stock options 844,882 — (4) Dilutive effect of restricted stock units 401,357 — (4) Weighted-average diluted shares 72,250,338 38,371,713 Loss per share of Class A common stock – diluted $ ( 0.04 ) $ ( 0.28 ) (3) (1) The numerator for the basic and diluted loss per share is adjusted for additional losses being attributed to controlling interest as a result of the impacts of vested but unreleased RSUs being included in the denominator of the basic and diluted loss per share. (2) The denominator for basic and diluted loss per share includes vested and unreleased RSUs as there are no conditions that would prevent these RSUs from being issued in the future as shares of Class A common stock except for the mere passage of time. (3) Subsequent to the issuance of the Company’s financial statements for the three months ended March 31, 2022, the Company revised basic and diluted earnings per share amounts for the first quarter of 2022 to include the impact of vested but unreleased RSUs which were previously excluded from the respective basic and diluted earnings per share computations. The impact of this immaterial correction was to decrease both basic and diluted loss per share by $ 0.02 from the amounts previously reported in the Company’s Form 10-Q for the three months ended March 31, 2022. (4) There was no assumed conversion for Class B nor diluted effect of options and RSUs for the three months ended March 31, 2022 as they were anti-dilutive. The following weighted average outstanding shares were excluded from the computation of diluted net loss per share available to Class A common stockholders as they were anti-dilutive: Three Months Ended March 31, 2023 2022 Zevia LLC Class B Common Units exchangeable to shares of Class A common stock — 31,786,177 Stock options 1,510,563 1,452,980 Restricted stock units 1,486,597 4,603,828

Income Taxes And Tax Receivable

Income Taxes And Tax Receivable Agreement	3 Months Ended
Income Taxes And Tax Receivable Agreement	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes And Tax Receivable Agreement	16. INCOME TAXES AND TAX RECEIVABLE AGREEMENT Income Taxes The Company is the managing member of Zevia LLC and as a result, consolidates the financial results of Zevia LLC in the unaudited condensed consolidated financial statements of Zevia PBC. Zevia LLC is a pass-through entity for U.S. federal and most applicable state and local income tax purposes following the Reorganization Transactions effected in connection with the IPO. As an entity classified as a partnership for tax purposes, Zevia LLC is not subject to U.S. federal and certain state and local income taxes. Any taxable income or loss generated by Zevia LLC is passed through to its members, including the Company. The Company is taxed as a C corporation and pays corporate federal, state and local taxes with respect to income allocated from Zevia LLC based on Zevia PBC's economic interest in Zevia LLC, which was 69.9 % and 68.7 % as of March 31, 2023 and December 31, 2022, respectively. The provision for income taxes differs from the amount of income tax computed by applying the applicable U.S. statutory federal income tax rate of 21 % to income before provision of income taxes due to Zevia LLC’s pass-through structure for U.S. income tax purposes, pass-through permanent differences, state franchise taxes, tax effects of stock-based compensation, and the valuation allowance against the deferred tax assets. Except for state franchise taxes, Zevia PBC did not recognize an income tax expense (benefit) on its share of pre-tax book loss, exclusive of the noncontrolling interest of 30.1 % , due to the full valuation allowance against its deferred tax assets. Tax Receivable Agreement The Company expects to obtain an increase in its share of tax basis in the net assets of Zevia LLC when Class B units are exchanged by the holders of Class B units for shares of Class A common stock of the Company and upon certain qualifying transactions. Each change in outstanding shares of Class A common stock of the Company results in a corresponding change in the Company's ownership of Class A units of Zevia LLC. The Company intends to treat any exchanges of Class B units as direct purchases of LLC interests for U.S. federal income tax purposes. These increases in tax basis may reduce the amounts that Zevia PBC would otherwise pay in the future to various taxing 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. In connection with the IPO, the Company entered into a Tax Receivable Agreement (“TRA”) with continuing members of Zevia LLC and the shareholders of blocked companies of certain pre-IPO institutional investors (the “Direct Zevia Stockholders”) . In the event that such parties exchange any or all of their Class B units for Class A common stock, the TRA requires the Company to make payments to such holders for 85 % of the tax benefits realized, or in some cases deemed to be realized, by the Company by such exchange as a result of (i) certain favorable tax attributes acquired from the blocker companies in the course of mergers related to the IPO (including net operating losses and the blocker companies’ allocable share of existing tax basis), (ii) increases in tax basis resulting from Zevia PBC ’s acquisition of continuing members’ Zevia LLC units in connection with the IPO and in future exchanges and, (iii) tax basis increases attributable to payments made under the TRA (including tax benefits related to imputed interest). The annual tax benefits are computed by calculating the income taxes due, including such tax benefits, and the income taxes due without such benefits. 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 Zevia LLC or the Company. To the extent that the Company is unable to timely make payments under the TRA for any reason, such payments generally will be deferred and will accrue interest until paid. The timing and amount of aggregate payments due under the TRA may vary based on a number of factors, including the amount and timing of the taxable income the Company generates each year and the tax rate then applicable. The Company calculates the liability under the TRA using a complex TRA model, which includes an assumption related to the fair market value of assets. Payments are generally due under the TRA within a specified period of time following the filing of the Company’s tax return for the taxable year with respect to which the payment obligation arises, although interest on such payments will begin to accrue at a rate of the Secured Overnight Financing Rate plus 300 basis points from the due date (without extensions) of such tax return. The TRA provides that if (i) certain mergers, asset sales, other forms of business combinations, or other changes of control were to occur; (ii) there is a material uncured breach of any obligations under the TRA; or (iii) the Company elects an early termination of the TRA, then the TRA will terminate and the Company's obligations, or the Company's successor’s obligations, under the TRA will accelerate and become due and payable, based on certain assumptions, including an assumption that the Company would have sufficient taxable income to fully utilize all potential future tax benefits that are subject to the TRA and that any Class B units that have not been exchanged are deemed exchanged for the fair market value of the Company's Class A common stock at the time of termination. As of March 31, 2023 , the Company believes based on applicable accounting standards, that it was more likely than not that its deferred tax assets subject to the TRA would not be realized as of March 31, 2023; therefore, the Company has not recorded a liability related to the tax savings it may realize from utilization of such deferred tax assets. The TRA liability that would be recognized if the associated tax benefits were determined to be fully realizable totaled $ 56.4 million and $ 55.8 million at March 31, 2023 and December 31, 2022, respectively. The increase in the TRA liability is primarily related to Class B to Class A exchanges during the three months ended March 31, 2023. If utilization of the DTAs subject to the TRA becomes more likely than not in the future, the Company will record a liability related to the TRA, which will be recognized as an expense within its condensed consolidated statements of operations and comprehensive loss .

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
Summary of Significant Accounting Policies (Policies)	Mar. 31, 2023
Basis of Presentation	Basis of presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“US GAAP”) for interim financial reporting and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, these financial statements do not include all information and footnotes required by US GAAP for complete financial statements and are not necessarily indicative of the results to be expected for the fiscal year ending December 31, 2023, or for any other interim period or any other future fiscal year. The balance sheet as of December 31, 2022 included herein was derived from the audited financial statements as of that date but does not include all disclosures, including certain notes, required by US GAAP that are required on an annual reporting basis. Certain information and note disclosures normally included in the financial statements prepared in accordance with US GAAP have been omitted pursuant to such rules and regulations. Therefore, these interim financial statements should be read in conjunction with the financial statements for the fiscal year ended December 31, 2022 and accompanying notes included in the Annual Report. In the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for the fair presentation of the condensed consolidated financial statements for the periods presented have been reflected.
Principles of Consolidation	Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of the Company and its subsidiary, Zevia LLC, that it controls due to ownership of a majority voting interest. All intercompany transactions and balances have been eliminated in consolidation. The Company owns a majority economic interest in, and operates and controls all of the business and affairs of, Zevia LLC. Accordingly, the Company has prepared these unaudited condensed consolidated financial statements in accordance with Accounting Standards Codification (“ASC”) Topic 810, Consolidation . On January 1, 2022, the Company and Zevia LLC entered into a service agreement to transfer the services of all employees of the Company to Zevia LLC. Under terms of the service agreement between the entities, the payroll costs of employees are borne by Zevia LLC while certain other non-payroll costs, such as those associated with stock compensation arrangements, remain with the Company. In addition, pursuant to the Thirteenth Amended and Restated Limited Liability Company Agreement of Zevia LLC, dated as of July 21, 2021, Zevia LLC shall reimburse the Company, for certain expenses for overhead, administrative, and other expenses, at the Company's discretion. For the three months ended March 31, 2023 and 2022 , we determined that the majority of such costs will be retained by the Company, with certain costs directly attributable to Zevia LLC being borne by that entity. These costs impacted the amount of net loss reported by Zevia LLC and consequently impacted the amount allocated to noncontrolling interest.
Reclassifications	Reclassifications Certain amounts from prior periods have been reclassified in the unaudited condensed consolidated statements of operations and comprehensive loss to conform to the current period presentation. Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss: The following table presents the reclassifications made to the Condensed Consolidated Statements of Operations and Comprehensive Loss for the three months ended March 31, 2022 in order to reclassify repackaging and handling costs from cost of goods sold to selling and marketing expenses. The Company believes this classification change more accurately describes the financial impacts of the fulfillment activities conducted by the Company. The Company made this change in classification during the third quarter of 2022 as a result of an increasing trend in the occurrence of such fulfillment costs in the business. (in thousands) Three Months Ended March 31, 2022 Reclassification Three Months Ended March 31, 2022 Cost of goods sold $ 23,413 $ ( 1,258 ) $ 22,155 Gross profit 14,621 1,258 15,879 Selling and marketing expenses 12,795 1,258 14,053
Assets held-for-sale	Assets held-for-sale The Company classifies long-lived assets or disposal groups to be sold as held-for-sale in the period in which all of the following criteria are met: (1) management, having the authority to approve the action, commits to a plan to sell the asset or disposal group; (2) the asset or disposal group is available for immediate sale in its present condition subject only to terms that are usual and customary for sales of such assets or disposal groups; (3) an active program to locate a buyer and other actions required to complete the plan to sell the asset or disposal group have been initiated; (4) the sale of the asset or disposal group is probable, and transfer of the asset or disposal group is expected to qualify for recognition as a completed sale within one year, except if events or circumstances beyond our control extend the period of time required to sell the asset or disposal group beyond one year; (5) the asset or disposal group is being actively marketed for sale at a price that is reasonable in relation to its current fair value; and (6) actions required to complete the plan indicate that it is unlikely that significant changes to the plan to sell or dispose will be made or that the plan to sell or dispose will be withdrawn. Long-lived assets or disposal groups that are classified as held-for-sale are measured at the lower of its carrying value or fair value less any costs to sell. Any loss resulting from this measurement is recognized in the period in which the held-for-sale criteria are met. Conversely, gains are not recognized on the sale of a long-lived asset or disposal group until the date of sale. We assess the fair value of a long-lived asset or disposal group less any costs to sell each reporting period it remains classified as held-for-sale and report any subsequent changes as an adjustment to the carrying value of the asset or disposal group, as long as the new carrying value does not exceed the carrying value of the asset at the time it was initially classified as held-for-sale. Upon determining that a long-lived asset or disposal group meets the criteria to be classified as held-for-sale, the Company ceases depreciation and reports long-lived assets and/or the assets and liabilities of the disposal group, if material, in the line items assets held-for-sale and liabilities held-for-sale, respectively, in our unaudited condensed consolidated balance sheet.
Use of estimates	Use of estimates The preparation of the unaudited condensed consolidated financial statements in accordance with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, as well as the reported amount of net sales and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates made by the Company relate to: net sales and associated cost recognition; the useful lives assigned to and the recoverability of property and equipment; reserves recorded for inventory obsolescence; the incremental borrowing rate for lease liabilities; allowance for doubtful accounts; recoverability of intangible assets; realization of deferred tax assets; and the determination of the fair value of equity instruments, including redeemable convertible preferred and common units, restricted unit awards, and equity-based compensation awards. On an ongoing basis, the Company evaluates its estimates compared to historical experience and trends, which form the basis for making judgments about the carrying value of its assets and liabilities. As of March 31, 2023 , the Company’s operations continued to be impacted by higher operating costs as a result of the global economy and economic uncertainties which impacted logistics, manufacturing, and labor costs, which the Company expects to continue throughout 2023. The Company will continue to monitor the situation and the economic environment, including any impact from current and future global events, and their effects on its business and operations.
Recent accounting pronouncements	Recent accounting pronouncements The Company is an emerging growth company, as defined in the Jumpstart Our Business Startups Act (“JOBS Act”). Under the JOBS Act, emerging growth companies can delay adopting new or revised accounting standards issued subsequent to the enactment of the JOBS Act until those standards apply to private companies. The Company has elected to use this extended transition period for complying with new or revised accounting standards that have different effective dates for public and private companies until the earlier of the date that it (i) is no longer an emerging growth company or (ii) affirmatively and irrevocably opts out of the extended transition period provided in the JOBS Act. As a result, the unaudited condensed consolidated financial statements may not be comparable to companies that comply with the new or revised accounting pronouncements as of public company effective dates. Recently Issued Accounting Pronouncements – Recently Adopted In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . This ASU provides for a new impairment model that requires measurement and recognition of expected credit losses for most financial assets held. The ASU is effective for private companies for annual periods, and interim periods within those annual periods, beginning after December 15, 2022. The Company adopted ASU 2021-04 as of January 1, 2023. The adoption of ASU 2016-13 did not have a significant impact on the Company’s financial statements. Any other recently issued accounting pronouncements are neither relevant, nor expected to have a material impact on the Company’ s financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	3 Months Ended
Summary of Significant Accounting Policies (Tables)	Mar. 31, 2023
Accounting Policies [Abstract]
Summary of Reclassification Adjustments on Cost of Goods Sold, Gross Profit, and Selling and Marketing Expenses of Condensed Consolidated Statements of Operations and Comprehensive Loss	(in thousands) Three Months Ended March 31, 2022 Reclassification Three Months Ended March 31, 2022 Cost of goods sold $ 23,413 $ ( 1,258 ) $ 22,155 Gross profit 14,621 1,258 15,879 Selling and marketing expenses 12,795 1,258 14,053

Revenues (Tables)

Revenues (Tables)	3 Months Ended
Revenues (Tables)	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Summary of Disaggregation of Revenue	The following table disaggregates the Company’s sales by channel: Three Months Ended March 31, (in thousands) 2023 2022 Retail sales $ 36,927 $ 34,164 Online/e-commerce 6,373 3,870 Net sales $ 43,300 $ 38,034 The following table disaggregates the Company’s sales by geographic location of the respective customers: Three Months Ended March 31, (in thousands) 2023 2022 United States $ 39,347 $ 34,189 Canada 3,953 3,845 Net sales $ 43,300 $ 38,034

Inventories (Tables)

Inventories (Tables)	3 Months Ended
Inventories (Tables)	Mar. 31, 2023
Inventory Disclosure [Abstract]
Summary of Inventories	Inventories consist of the following as of: (in thousands) March 31, 2023 December 31, 2022 Raw materials $ 10,347 $ 7,527 Finished goods 18,603 20,049 Inventories $ 28,950 $ 27,576

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	3 Months Ended
Property and Equipment, Net (Tables)	Mar. 31, 2023
Property, Plant and Equipment [Abstract]
Schedule of Estimated Useful Lives of Property and Equipment	Property and equipment consist of the following as of: (in thousands) March 31, 2023 December 31, 2022 Land $ — $ 336 Leasehold improvements 1,168 463 Computer equipment and software 831 796 Furniture and equipment 785 544 Vehicles 196 196 Quality control and marketing equipment 1,734 1,636 Buildings and improvements — 1,610 Assets not yet placed in service 131 1,128 4,845 6,709 Less accumulated depreciation ( 2,190 ) ( 2,068 ) Property and equipment, net $ 2,655 $ 4,641

Intangible Assets, Net (Tables)

Intangible Assets, Net (Tables)	3 Months Ended
Intangible Assets, Net (Tables)	Mar. 31, 2023
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Summary of Intangible Assets	The following table provides information pertaining to the Company’s intangible assets as of: March 31, 2023 (in thousands) Weighted-Average Remaining Useful Life Gross Carrying Amount Accumulated Amortization Intangible Assets, Net Software 1.8 $ 2,288 $ ( 1,553 ) $ 735 Customer relationships 2.5 3,007 ( 2,520 ) 487 5,295 ( 4,073 ) 1,222 Trademarks N/A 3,000 — 3,000 Intangible assets, net $ 8,295 $ ( 4,073 ) $ 4,222 December 31, 2022 (in thousands) Weighted-Average Remaining Useful Life Gross Carrying Amount Accumulated Amortization Intangible Assets, Net Software 2.0 $ 2,277 $ ( 1,429 ) $ 848 Customer relationships 2.7 3,007 ( 2,470 ) 537 5,284 ( 3,899 ) 1,385 Trademarks N/A 3,000 — 3,000 Intangible assets, net $ 8,284 $ ( 3,899 ) $ 4,385
Summary of Expected Amortization Expense for Intangible Assets with Definite Lives	Amortization expense for intangible assets with definite lives is expected to be as follows: (in thousands) Remainder of 2023 $ 462 2024 566 2025 194 Expected amortization expense for intangible assets with definite lives $ 1,222

Leases (Tables)

Leases (Tables)	3 Months Ended
Leases (Tables)	Mar. 31, 2023
Leases [Abstract]
Summary of Lease Cost	The Company leases its office space which has a remaining lease term of 45 months. In January 2023, the Company entered into an amendment to the lease for its corporate headquarters offices to extend the term through December 31, 2026. The Company’s recognized lease costs include: Three Months Ended March 31, (in thousands) 2023 2022 Income Statement Operating lease cost (1) $ 184 $ 151 (1) Operating lease cost is recorded within general and administrative expenses in the accompanying condensed consolidated statements of operations and comprehensive loss . Three Months Ended March 31, 2023 2022 Weighted-average remaining lease term (months) 45.0 19.8 Weighted-average discount rate 7.6 % 7.6 %
Summary of Maturities of Lease Payments Under Non-Cancellable Leases Were As Follows	Maturities of lease payments under the non-cancellable lease were as follows: (in thousands) March 31, 2023 Remainder of 2023 $ 562 2024 702 2025 729 2026 756 Total lease payments 2,749 Less Imputed Interest ( 364 ) Present value of lease liabilities $ 2,385

Balance Sheet Components (Table

Balance Sheet Components (Tables)	3 Months Ended
Balance Sheet Components (Tables)	Mar. 31, 2023
Payables and Accruals [Abstract]
Schedule of Accrued Expenses and Other Current Liabilities	Accrued expenses and other current liabilities consisted of the following as of: (in thousands) March 31, 2023 December 31, 2022 Accrued employee compensation benefits $ 2,680 $ 3,409 Accrued direct selling costs 1,772 1,593 Accrued customer paid bottle deposits 1,368 1,253 Accrued other 1,563 2,153 Total $ 7,383 $ 8,408

Equity Based Compensation (Tabl

Equity Based Compensation (Tables)	3 Months Ended
Equity Based Compensation (Tables)	Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
Schedule for Fair Value of Stock Options Granted Estimated on the Date of Grant Using the Black-Scholes Option	The fair value of stock option awards granted during the period was determined on the grant date using the Black-Scholes valuation model based on the following weighted-average assumptions: Three Months Ended March 31, 2023 2022 Stock price $ 3.00 $ 4.12 Exercise Price 3.00 4.12 Expected term (years) (1) 6.25 6.25 Expected volatility (2) 62.0 % 64.8 % Risk-Free interest rate (3) 3.4 % 2.2 % Dividend yield (4) 0.0 % 0.0 % (1) Expected term represents the estimated period of time until an award is exercised and was determined using the simplified method. (2) Expected volatility is based on the historical volatility of a selected peer group over a period equivalent to the expected term. (3) The risk-free interest rate is an interpolation of yields on U.S. Treasury securities with maturities equivalent to the expected term. (4) We have assumed a dividend yield of zero as the Company has no plans to declare dividends in the foreseeable future. The weighted average grant date fair values for stock options granted for the three months ended March 31, 2023 and 2022 was $ 1.82 and $ 2.52 , respectively.
Summary of Stock Option Activity	The following is a summary of stock option activity for the three months ended March 31, 2023: Shares Weighted average exercise price Weighted average remaining life Intrinsic value (in thousands) Outstanding Balance as of January 1, 2023 2,769,754 $ 3.36 Granted 1,225,862 $ 3.00 Exercised ( 30,424 ) $ 0.77 Forfeited and expired ( 14,906 ) $ 9.71 Balance as of March 31, 2023 3,950,286 $ 3.24 8.5 $ 4,967 Exercisable at the end of the period 1,072,318 $ 1.81 5.7 $ 3,005 Vested and expected to vest 3,950,286 $ 3.24 8.5 $ 4,967
Summary of Restricted Stock Unit Activity	The following is a summary of RSU activity for the three months ended March 31, 2023: Shares Weighted average grant date fair value Aggregate Intrinsic Value (in thousands) Balance unvested shares at January 1, 2023 2,560,590 $ 3.90 Granted 984,689 $ 3.00 Vested ( 294,976 ) $ 4.20 Forfeited ( 16,349 ) $ 3.16 Balance unvested at March 31, 2023 3,233,954 $ 3.60 12,451 Expected to vest at March 31, 2023 3,233,954 $ 3.60 12,451

Major Customers, Accounts Rec_2

Major Customers, Accounts Receivable and Vendor Concentration (Tables)	3 Months Ended
	Mar. 31, 2023
Customer Concentration Risk [Member] \| Revenue from Contract with Customer Benchmark [Member]
Concentration Risk [Line Items]
Summary Sales to Significant Customers	The table below represents the Company’s major customers that accounted for more than 10 % of total net sales for the periods: Three Months Ended March 31, 2023 2022 Customer A 15 % 19 % Customer B 10 % 10 % Customer C 13 % *
Customer Concentration Risk [Member] \| Accounts Receivable [Member]
Concentration Risk [Line Items]
Summary Sales to Significant Customers	The table below represents the Company’s customers that accounted for more than 10 % of total accounts receivable, net as of: March 31, 2023 December 31, 2022 Customer A 12 % * Customer B 12 % * Customer D 13 % 10 % Customer E * 17 % Customer H * 12 %
Supplier Concentration Risk [Member] \| Cost of Goods and Service Benchmark [Member]
Concentration Risk [Line Items]
Summary Sales to Significant Customers	The table below represents raw material vendors that accounted for more than 10 % of all raw material purchases for the following periods: Three Months Ended March 31, 2023 2022 Vendor A 23 % 27 % Vendor B 20 % 20 % Vendor C 12 % 13 % Vendor D * 13 % * Less than 10 % of total net sales, accounts receivable, net or raw material purchases.

Loss Per Share (Tables)

Loss Per Share (Tables)	3 Months Ended
Loss Per Share (Tables)	Mar. 31, 2023
Earnings Per Share [Abstract]
Summary of Computation of Basic and Diluted Earnings per Share	The following table sets forth reconciliations of the numerators and denominators used to compute basic and diluted earnings per share of Class A common stock: Three Months Ended March 31, 2023 2022 (in thousands, except for share and per share amounts) Net loss per share: Numerator: Net loss and comprehensive loss $ ( 2,912 ) $ ( 17,485 ) Less: net loss attributable to non-controlling interests 821 6,587 Add: adjustment to reallocate net loss to controlling interest 597 (1) ( 15 ) (1) Net loss to Zevia PBC - basic $ ( 1,494 ) $ ( 10,913 ) Denominator: Weighted-average shares of Class A common stock outstanding – basic 48,336,489 36,883,000 Add: weighted average shares of vested and unreleased RSUs 1,036,385 (2) 1,488,713 (2) Weighted-average basic shares 49,372,874 38,371,713 Loss per share of Class A common stock – basic $ ( 0.03 ) $ ( 0.28 ) (3) Diluted net loss per share: Numerator: Net loss attributable to Zevia PBC - basic $ ( 1,494 ) $ ( 10,913 ) Add: Loss attributable to noncontrolling interest upon assumed conversion ( 1,418 ) — (4) Net loss and comprehensive loss - diluted $ ( 2,912 ) $ ( 10,913 ) Denominator: Weighted-average shares of Class A common stock outstanding – basic 49,372,874 38,371,713 Dilutive effect of incremental shares for conversion of Class B units 21,631,225 — (4) Dilutive effect of stock options 844,882 — (4) Dilutive effect of restricted stock units 401,357 — (4) Weighted-average diluted shares 72,250,338 38,371,713 Loss per share of Class A common stock – diluted $ ( 0.04 ) $ ( 0.28 ) (3) (1) The numerator for the basic and diluted loss per share is adjusted for additional losses being attributed to controlling interest as a result of the impacts of vested but unreleased RSUs being included in the denominator of the basic and diluted loss per share. (2) The denominator for basic and diluted loss per share includes vested and unreleased RSUs as there are no conditions that would prevent these RSUs from being issued in the future as shares of Class A common stock except for the mere passage of time. (3) Subsequent to the issuance of the Company’s financial statements for the three months ended March 31, 2022, the Company revised basic and diluted earnings per share amounts for the first quarter of 2022 to include the impact of vested but unreleased RSUs which were previously excluded from the respective basic and diluted earnings per share computations. The impact of this immaterial correction was to decrease both basic and diluted loss per share by $ 0.02 from the amounts previously reported in the Company’s Form 10-Q for the three months ended March 31, 2022. (4) There was no assumed conversion for Class B nor diluted effect of options and RSUs for the three months ended March 31, 2022 as they were anti-dilutive.
Summary of Antidilutive Securities Excluded From Computation of Earnings Per Share	The following weighted average outstanding shares were excluded from the computation of diluted net loss per share available to Class A common stockholders as they were anti-dilutive: Three Months Ended March 31, 2023 2022 Zevia LLC Class B Common Units exchangeable to shares of Class A common stock — 31,786,177 Stock options 1,510,563 1,452,980 Restricted stock units 1,486,597 4,603,828

Description of Business and B_2

Description of Business and Basis of Presentation - Additional Information (Detail) - ZEVIA PBC [Member] - IPO [Member] - Common Class A [Member]	Jul. 21, 2021 $ / shares shares
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Stock issued during period shares new issues \| shares	10,700,000
Sale of stock, price per share \| $ / shares	$ 14

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Summary of Reclassification Adjustments on Cost of Goods Sold, Gross Profit, and Selling and Marketing Expenses of Condensed Consolidated Statements of Operations and Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cost of goods sold	$ 23,195	$ 22,155
Gross Profit	20,105	15,879
Selling and marketing expense	$ 11,912	14,053
Previously Reported [Member]
Cost of goods sold		23,413
Gross Profit		14,621
Selling and marketing expense		12,795
Restatement Adjustment [Member]
Cost of goods sold		(1,258)
Gross Profit		1,258
Selling and marketing expense		$ 1,258

Revenues - Summary of Disaggreg

Revenues - Summary of Disaggregation of Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Disaggregation of Revenue [Line Items]
Net sales	$ 43,300	$ 38,034
Retail sales [Member]
Disaggregation of Revenue [Line Items]
Net sales	36,927	34,164
Online/e-commerce [Member]
Disaggregation of Revenue [Line Items]
Net sales	6,373	3,870
United States
Disaggregation of Revenue [Line Items]
Net sales	39,347	34,189
Canada
Disaggregation of Revenue [Line Items]
Net sales	$ 3,953	$ 3,845

Revenues - Additional Informati

Revenues - Additional Information (Detail) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue, remaining performance obligation, amount	$ 0	$ 0

Inventories - Summary of Invent

Inventories - Summary of Inventories (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Raw materials	$ 10,347	$ 7,527
Finished goods	18,603	20,049
Inventories	$ 28,950	$ 27,576

Property and Equipment, Net - S

Property and Equipment, Net - Summary of Property and Equipment (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 4,845	$ 6,709
Less accumulated depreciation	(2,190)	(2,068)
Property and equipment, net	2,655	4,641
Land [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	0	336
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	1,168	463
Computer Equipment and Software [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	831	796
Furniture and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	785	544
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	196	196
Quality Control and Marketing Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	1,734	1,636
Buildings and improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	0	1,610
Assets not yet placed in service [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 131	$ 1,128

Property and Equipment, Net - A

Property and Equipment, Net - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 0.2	$ 0.2

Intangible Assets, Net - Summar

Intangible Assets, Net - Summary of Intangible Assets (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Schedule Of Intangible Assets [Line Items]
Finite-Lived intangible assets, gross	$ 5,295	$ 5,284
Accumulated amortization	(4,073)	(3,899)
Finite-Lived Intangible Assets, Net, Total	1,222	1,385
Intangible assets, net	4,222	4,385
Intangible assets, net	8,295	8,284
Trademarks [Member]
Schedule Of Intangible Assets [Line Items]
Indefinite-lived intangible assets, excluding goodwill	$ 3,000	$ 3,000
Customer Relationships [Member]
Schedule Of Intangible Assets [Line Items]
Weighted-Average Remaining Useful Life	2 years 6 months	2 years 8 months 12 days
Finite-Lived intangible assets, gross	$ 3,007	$ 3,007
Accumulated amortization	(2,520)	(2,470)
Finite-Lived Intangible Assets, Net, Total	$ 487	$ 537
Software [Member]
Schedule Of Intangible Assets [Line Items]
Weighted-Average Remaining Useful Life	1 year 9 months 18 days	2 years
Finite-Lived intangible assets, gross	$ 2,288	$ 2,277
Accumulated amortization	(1,553)	(1,429)
Finite-Lived Intangible Assets, Net, Total	$ 735	$ 848

Intangible Assets, Net - Summ_2

Intangible Assets, Net - Summary of Expected Amortization Expense for Intangible Assets with Definite Lives (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Remainder of 2023	$ 462
2024	566
2025	194
Finite-Lived Intangible Assets, Net, Total	$ 1,222	$ 1,385

Intangible Assets, Net - Additi

Intangible Assets, Net - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Schedule Of Intangible Assets [Line Items]
Amortization expense	$ 200,000	$ 200,000
Impairment losses on intangible assets	0	0
Software [Member]
Schedule Of Intangible Assets [Line Items]
Amortization expense	$ 100,000	$ 100,000

Debt - Additional Information (

Debt - Additional Information (Detail) $ in Millions	Feb. 22, 2022 USD ($)
Line of Credit Facility [Line Items]
Fixed Charge Coverage Ratio	Thereafter, the Borrower must satisfy a financial covenant requiring a minimum fixed charge coverage ratio of 1.00 to 1.00
Loan And Security Agreement Member \| Minimum Member
Line of Credit Facility [Line Items]
Applicable Margin	1.50%
Loan And Security Agreement Member \| Maximum Member
Line of Credit Facility [Line Items]
Applicable Margin	2%
Secured Revolving Line of Credit [Member]
Line of Credit Facility [Line Items]
Aggregate Principal Amount	$ 20
Amount of line of credit use for letter of credit issuances	2
Commitment of secured line of credit	10
Liquidity commitment	7
Borrowing base secured revolving line of credit	$ 3
Borrowing Base	17.50%
Secured Revolving Line of Credit [Member] \| Minimum Member
Line of Credit Facility [Line Items]
Applicable Margin	0.50%
Secured Revolving Line of Credit [Member] \| Maximum Member
Line of Credit Facility [Line Items]
Applicable Margin	1%

Leases - Summary of Lease Costs

Leases - Summary of Lease Costs As Follows (Detail) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Income Statement
Operating lease cost	[1]	$ 184	$ 151
Other Information
Weighted-average remaining lease term (months)		45 months	19 months 24 days
Weighted-average discount rate		7.60%	7.60%

[1] Operating lease cost is recorded within general and administrative expenses in the accompanying condensed consolidated statements of operations and comprehensive loss .

Leases - Summary of Maturities

Leases - Summary of Maturities of Lease Payments Under Non Cancellable Leases Were As Follows (Detail) $ in Thousands	Mar. 31, 2023 USD ($)
Lessee, Operating Lease, Liability, to be Paid [Abstract]
Remainder of 2023	$ 562
2024	702
2025	729
2026	756
Total lease payments	2,749
Less Imputed Interest	(364)
Present value of lease liabilities	$ 2,385

Balance Sheet Components - Summ

Balance Sheet Components - Summary of Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Payables and Accruals [Abstract]
Accrued employee compensation benefits	$ 2,680	$ 3,409
Accrued direct selling costs	1,772	1,593
Accrued customer paid bottle deposits	1,368	1,253
Accrued other	1,563	2,153
Total	$ 7,383	$ 8,408

Equity-Based Compensation - Add

Equity-Based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended		3 Months Ended
	Jul. 31, 2021	Mar. 31, 2021	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense				$ 0.6
Remaining service period of the awards			22 months
Aggregate intrinsic value			$ 0.1
Equity Incentive Plan 2021 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
The amount of common stock available under the plan for future grants and/or issuances			1,800,000
Percentage of increase in shares available for issuance			5%
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Estimated weighted average period over which expense is expected to be recognized			2 years 8 months 12 days
Share-based Payment Arrangement, Plan Modification, Incremental Cost		$ 48.9
Number of Monthly Installments Granted Equally Following The Termination Of Lockup Period		36 months
Settlement period on vesting of RSUs		30 days
Amount of cost to be recognized for non-vested award under share-based payment arrangement			$ 10.6
RSUs outstanding			3,233,954		2,560,590
Restricted Stock Units (RSUs) [Member] \| 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs outstanding			651,874
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized unit compensation expense on unvested unit options			$ 5.3
Estimated weighted average period over which expense is expected to be recognized			3 years 4 months 24 days
Granted (in dollars per share)			$ 1.82	$ 2.52
Restricted Phantom Class A Common Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of RSUs that were modified during the period	2,422,644
Share-based Payment Arrangement, Plan Modification, Incremental Cost	$ 33.9

Equity Based Compensation - Fai

Equity Based Compensation - Fair Value of Stock Options Granted Estimated on the Date of Grant Using the Black-Scholes Option (Details) - $ / shares		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock price		$ 3
Exercise Price		$ 3
Expected term (years)	[1]	6 years 3 months
Expected volatility	[2]	62%
Risk-Free interest rate	[3]	3.40%
Dividend yield	[4]	0%
2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock price			$ 4.12
Exercise Price			$ 4.12
Expected term (years)	[1]		6 years 3 months
Expected volatility	[2]		64.80%
Risk-Free interest rate	[3]		2.20%
Dividend yield	[4]		0%

[1] (1) Expected term represents the estimated period of time until an award is exercised and was determined using the simplified method. (2) Expected volatility is based on the historical volatility of a selected peer group over a period equivalent to the expected term. (3) The risk-free interest rate is an interpolation of yields on U.S. Treasury securities with maturities equivalent to the expected term. (4) We have assumed a dividend yield of zero as the Company has no plans to declare dividends in the foreseeable future. The following is a

Equity Based Compensation - Sum

Equity Based Compensation - Summary of Stock Option Activity (Details) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($) $ / shares shares
Share-Based Payment Arrangement [Abstract]
Outstanding Balance as of January 1, 2023 \| shares	2,769,754
Granted \| shares	1,225,862
Exercised \| shares	(30,424)
Forfeited and expired \| shares	(14,906)
Balance as of March 31, 2023 \| shares	3,950,286
Exercisable at the end of the period \| shares	1,072,318
Vested and expected to vest \| shares	3,950,286
Weighted average exercise price, Beginning balance \| $ / shares	$ 3.36
Weighted average exercise price, Granted \| $ / shares	3
Weighted average exercise price, Exercised \| $ / shares	0.77
Weighted average exercise price, Forfeited and cancelled \| $ / shares	9.71
Weighted average exercise price, Ending balance \| $ / shares	3.24
Weighted average exercise price, Exercisable \| $ / shares	1.81
Weighted average exercise price, Vested and expected to vest \| $ / shares	$ 3.24
Weighted average remaining life Outstanding	8 years 6 months
Weighted average remaining life Exercisable	5 years 8 months 12 days
Weighted average remaining life Vested and expected to vest	8 years 6 months
Aggregate intrinsic value \| $	$ 4,967
Aggregate intrinsic value, Exercisable \| $	3,005
Aggregate intrinsic value, Vested and expected to vest \| $	$ 4,967

Equity Based Compensation - S_2

Equity Based Compensation - Summary of Restricted Stock Unit Activity (Details) - Restricted Stock Units (RSUs) [Member] $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($) $ / shares shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Balance unvested shares at January 1, 2023 \| shares	2,560,590
Restricted stock units, Granted \| shares	984,689
Restricted stock units, Vested \| shares	(294,976)
Restricted stock units, Forfeited \| shares	(16,349)
Balance unvested at March 31, 2023 \| shares	3,233,954
Expected to vest at March 31, 2023 \| shares	3,233,954
Weighted average grant date fair value, Beginning balance \| $ / shares	$ 3.90
Weighted average grant date fair value, Granted \| $ / shares	3
Weighted average grant date fair value, Vested \| $ / shares	4.20
Weighted average grant date fair value, Forfeited \| $ / shares	3.16
Weighted average grant date fair value, Ending balance \| $ / shares	3.60
Weighted average grant date fair value, Expected to vest at March 31, 2023 \| $ / shares	$ 3.60
Aggregate intrinsic value, non vested \| $	$ 12,451
Aggregate intrinsic value, Expected to vest \| $	$ 12,451

Major Customers, Accounts Rec_3

Major Customers, Accounts Receivable And Vendor Concentration - Summary Sales to Significant Customers (Detail)	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Customer Concentration Risk [Member] \| Revenue from Contract with Customer Benchmark [Member] \| Customer A [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	15%	19%
Customer Concentration Risk [Member] \| Revenue from Contract with Customer Benchmark [Member] \| Customer B [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	10%	10%
Customer Concentration Risk [Member] \| Revenue from Contract with Customer Benchmark [Member] \| Customer C [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	13%
Customer Concentration Risk [Member] \| Accounts Receivable [Member] \| Customer A [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	12%
Customer Concentration Risk [Member] \| Accounts Receivable [Member] \| Customer B [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	12%
Customer Concentration Risk [Member] \| Accounts Receivable [Member] \| Customer D [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	13%		10%
Customer Concentration Risk [Member] \| Accounts Receivable [Member] \| Customer E [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			17%
Customer Concentration Risk [Member] \| Accounts Receivable [Member] \| Customer H [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			12%
Supplier Concentration Risk [Member] \| Cost of Goods and Service Benchmark [Member] \| Vendor A [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	23%	27%
Supplier Concentration Risk [Member] \| Cost of Goods and Service Benchmark [Member] \| Vendor B [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	20%	20%
Supplier Concentration Risk [Member] \| Cost of Goods and Service Benchmark [Member] \| Vendor C [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	12%	13%
Supplier Concentration Risk [Member] \| Cost of Goods and Service Benchmark [Member] \| Vendor D [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		13%

Major Customers, Accounts Rec_4

Major Customers, Accounts Receivable And Vendor Concentration - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2023
Customer Concentration Risk [Member] \| Revenue from Contract with Customer Benchmark [Member] \| Minimum [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	10%
Customer Concentration Risk [Member] \| Revenue from Contract with Customer Benchmark [Member] \| Customers [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	10%
Customer Concentration Risk [Member] \| Accounts Receivable [Member] \| Customers [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	10%
Supplier Concentration Risk [Member] \| Cost of Goods and Service Benchmark [Member] \| Customers [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	10%

Loss Per Share - Summary of Com

Loss Per Share - Summary of Computation of Basic and Diluted Earnings per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Basic net loss per share:
Net loss and comprehensive loss		$ (2,912)	$ (17,485)
Loss attributable to noncontrolling interest		$ 821	$ 6,587
Weighted-average shares of Class A common stock outstanding - basic		49,372,874	38,371,713
Weighted-average diluted shares		72,250,338	38,371,713
Basic earning per share		$ (0.03)	$ (0.28)
Weighted-average shares of Class A common stock outstanding - Diluted		72,250,338	38,371,713
Diluted earnings per share		$ (0.04)	$ (0.28)
Common Class A [Member]
Basic net loss per share:
Net loss and comprehensive loss		$ (2,912)	$ (17,485)
Loss attributable to noncontrolling interest		821	6,587
Adjustment to reallocate net loss to controlling interest	[1]	597	(15)
Net loss to Zevia PBC		$ (1,494)	$ (10,913)
Weighted-average shares of Class A common stock outstanding - basic		48,336,489	36,883,000
Weighted-average diluted shares		49,372,874	38,371,713
Basic earning per share		$ (0.03)	$ (0.28)	[2]
Loss attributable to noncontrolling interest upon assumed conversion		$ (1,418)	$ 0	[3]
Net loss and comprehensive loss - diluted		$ (2,912)	$ (10,913)
Weighted-average shares of Class A common stock outstanding - Diluted		49,372,874	38,371,713
Diluted earnings per share		$ (0.04)	$ (0.28)	[2]
Common Class A [Member] \| Restricted Stock Units (RSUs) [Member]
Basic net loss per share:
Weighted average shares of vested and unreleased RSUs	[4]	$ 1,036,385	$ 1,488,713
Dilutive effect of incremental shares		401,357	0	[3]
Common Class A [Member] \| Employee Stock Option [Member]
Basic net loss per share:
Dilutive effect of incremental shares		844,882	0	[3]
Common Class B [Member]
Basic net loss per share:
Dilutive effect of incremental shares		21,631,225	0	[3]

[1] (1) The numerator for the basic and diluted loss per share is adjusted for additional losses being attributed to controlling interest as a result of the impacts of vested but unreleased RSUs being included in the denominator of the basic and diluted loss per share. (3) Subsequent to the issuance of the Company’s financial statements for the three months ended March 31, 2022, the Company revised basic and diluted earnings per share amounts for the first quarter of 2022 to include the impact of vested but unreleased RSUs which were previously excluded from the respective basic and diluted earnings per share computations. The impact of this immaterial correction was to decrease both basic and diluted loss per share by $ 0.02 from the amounts previously reported in the Company’s Form 10-Q for the three months ended March 31, 2022. (4) There was no assumed conversion for Class B nor diluted effect of options and RSUs for the three months ended March 31, 2022 as they were anti-dilutive. (2) The denominator for basic and diluted loss per share includes vested and unreleased RSUs as there are no conditions that would prevent these RSUs from being issued in the future as shares of Class A common stock except for the mere passage of time.

Loss Per Share - Summary of C_2

Loss Per Share - Summary of Computation of Basic and Diluted Earnings per Share (Parenthetical) (Detail) - $ / shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Basic earning per share	$ (0.03)	$ (0.28)
Diluted earnings per share	$ (0.04)	(0.28)
Restatement Adjustment [Member]
Basic earning per share		0.02
Diluted earnings per share		$ 0.02

Loss Per Share - Summary of Ant

Loss Per Share - Summary of Antidilutive Securities Excluded From Computation of Earnings Per Share (Detail) - shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Common Class A [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	31,786,177
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,510,563	1,452,980
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,486,597	4,603,828

Income Taxes And Tax Receivab_2

Income Taxes And Tax Receivable Agreement (Additional Information) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Income Tax Contingency [Line Items]
Federal income tax rate	21%
Tax Receivable Agreement [Member]
Income Tax Contingency [Line Items]
Deferred Tax Assets Liabilities Net	$ 56.4	$ 55.8
Common Class B [Member] \| Tax Receivable Agreement [Member]
Income Tax Contingency [Line Items]
Income tax benefit percentage attributable to exchange for class A common stock	85%
Zevia LLC [Member]
Income Tax Contingency [Line Items]
Economic interest percentage	69.90%	68.70%
Percentage of ownership and economic interest held by non-controlling interest	30.10%