Private company
Polished.com Inc.
Polished.com Inc. is an American retail-home furniture company based in St. Charles, active since 2019.2
Last updated Oct 21, 2026.
Overview
- IndustryRetail-Home Furniture, Furnishings & Equipment Stores2
- HeadquartersSt. Charles, United States2
- Incorporated inDE3
- Business address3817 Millstone Parkway, St. Charles, Mo 633013
- Filer category, Emerging growth company3
- Legal formCorporation2
- LEI549300D8Y9ETZNNDSB512
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O VCORP SERVICES, LLC, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 72328092
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue83¢$445.0M
- Other costs14¢$77.2M
- Interest1¢$3.9M
- Income tax2¢$8.4M
Out of $534.5M in revenue.4 The company lost money this year.
Financial statements
| Fiscal year | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Revenue | $55.1M6 | $362.3M6 | $534.5M4 | |
| Cost of revenue | $47.9M6 | $282.7M6 | $445.0M4 | |
| Gross profit | $7.3M6 | $79.7M6 | $89.5M4 | |
| Operating expenses | $71.3M6 | $217.9M4 | ||
| Operating income | -$14.4M6 | $8.3M6 | $134.4M5 | |
| Interest | $871.0K6 | $3.2M6 | $3.9M4 | |
| Income before tax | $3.3M6 | -$134.4M4 | ||
| Income tax | -$698.3K8 | $698.0K6 | -$4.4M6 | -$8.4M4 |
| Net income | -$21.6M6 | -$7.6M4 | -$126.0M4 | |
| Earnings per share | -$3.956 | -$0.124 | -$1.184 | |
| Earnings per share (diluted) | -$0.124 | -$1.184 | ||
| Shares (weighted, basic) | 64.5M shares4 | 106.4M shares4 | ||
| Shares (weighted, diluted) | 64.5M shares4 | 106.4M shares4 |
| Fiscal year | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Cash | $471.3K8 | $935.0K6 | $25.7M6 | $19.5M4 |
| Inventory | $52.4M4 | $41.8M4 | ||
| Current assets | $4.5M8 | $18.2M6 | $127.9M4 | $125.2M4 |
| Property, plant and equipment | $4.6M4 | $5.1M4 | ||
| Goodwill | $191.6M4 | $106.2M4 | ||
| Intangible assets | $50.1M6 | $49.0M4 | ||
| Total assets | $13.9M8 | $26.2M6 | $383.6M4 | $261.9M4 |
| Short-term debt | $7.9M6 | $6.6M4 | ||
| Current liabilities | $14.1M8 | $35.7M6 | $123.7M4 | $99.3M4 |
| Long-term debt | $3.3M8 | $48.6M6 | $90.8M4 | |
| Total liabilities | $18.0M8 | $39.5M6 | $193.2M4 | $199.3M4 |
| Retained earnings | -$34.3M4 | -$160.3M4 | ||
| Shareholders’ equity | -$4.1M6 | -$13.3M4 | $190.4M4 | $62.6M4 |
| Shares outstanding | 4.8M shares8 | 6.1M shares6 | 106.4M shares4 | 105.2M shares4 |
Corporate structure
Polished.com Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Polished.com Inc.
- VANGUARD GROUP INC Filed SC 13G/A on Polished.com Inc., latest Feb 13, 2024 (2 filings since Feb 9, 2023)
- Troy Dias Filed SC 13G on Polished.com Inc., latest Feb 9, 2024
- MORGAN DEMPSEY CAPITAL MANAGEMENT LLC Filed SC 13D/A on Polished.com Inc., latest Aug 17, 2023 (3 filings since Jan 26, 2023)
- BRIGHTLIGHT CAPITAL MANAGEMENT LP Filed SC 13G/A on Polished.com Inc., latest Feb 14, 2023 (2 filings since Feb 14, 2022)
- Altium Capital Management LLC Filed SC 13G/A on Polished.com Inc., latest Feb 14, 2022
- CANNELL CAPITAL LLC Filed SC 13G/A on Polished.com Inc., latest Feb 14, 2022 (2 filings since Dec 22, 2021)
- Empery Asset Management, LP Filed SC 13G/A on Polished.com Inc., latest Jan 24, 2022
- SABBY MANAGEMENT, LLC Filed SC 13G/A on Polished.com Inc., latest Jan 4, 2022
- Philotimo Fund, LP Filed SC 13D/A on Polished.com Inc., latest Nov 16, 2021 (3 filings since Oct 19, 2021)
- Polished.com Inc. St. Charles, Missouri, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Polished.com Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $6.8M4 Dec 31, 2022 | $5.0M4 Dec 31, 2021 | +34.3% |
| Accumulated depreciation | $1.7M4 Dec 31, 2022 | $450.0K4 Dec 31, 2021 | +275.3% |
| Property and equipment, net | $5.0M4 Mar 31, 2023 | $5.3M4 Mar 31, 2022 | −5.9% |
| Operating-lease assets (leased space) | $10.9M4 Mar 31, 2023 | $12.5M4 Mar 31, 2022 | −13.2% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $25.6M4 Mar 31, 2023 | $26.0M4 Mar 31, 2022 | −1.4% |
| Deposits held (banks) | $12.2M4 Dec 31, 2021 |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $106.2M4 Mar 31, 2023 | $191.6M4 Mar 31, 2022 | −44.6% |
| Intangible assets, net (excluding goodwill) | $49.0M4 Mar 31, 2023 | $50.1M6 Dec 31, 2021 | −2.2% |
| Finite-lived intangibles, gross | $2.1M4 Mar 31, 2023 | $2.1M6 Dec 31, 2021 | 0% |
| Accumulated amortization | -$753.0K4 Mar 31, 2023 | -$9.4M4 Mar 31, 2022 | +92.0% |
| Finite-lived intangibles, net | $9.5M4 Mar 31, 2023 | $36.5M4 Mar 31, 2022 | −73.9% |
| Customer relationships, net | $3.5M4 Mar 31, 2023 | $24.1M4 Mar 31, 2022 | −85.7% |
Inventory
Leadership
Who has led Polished.com Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
- Chief executive officerJohn E. Bunka Nov 2, 2022 to Nov 2, 20229
- Chief executive officerAlbert Fouerti Sep 17, 2021 to Dec 13, 202110
- Chief executive officerDouglas T. Moore Jul 30, 2020 to Jun 7, 202111
Board members and other officers (16)
- Chief MerchantMichael K. Hargrave Mar 25, 2021 to Jun 7, 202112
- CMO and CTOThomas S. Harcum Mar 25, 2021 to Jun 7, 202113
- VP of LogisticsJacob Guilhas Oct 30, 2020 to Jun 7, 202114
- Board memberHouman Akhavan Feb 9, 2023 to Feb 10, 202315
- Board memberJames M. Schneider Jan 24, 2022 to Mar 31, 202216
- Board memberAlan P. Shor Jun 7, 2021 to Jun 7, 202117
- Board memberAlbert Fouerti Jun 11, 2021 to Dec 13, 202118
- Board memberGary Alan Shaw Oct 21, 2021 to Mar 31, 202219
- Board memberSelim A. Bassoul Oct 27, 2021 to Oct 27, 202120
- Board memberClark R. Crosnoe Jul 30, 2020 to Dec 15, 202121
- Board memberDouglas T. Moore Jul 30, 2020 to Jun 7, 202111
- Board memberEdward Tobin Jul 30, 2020 to Jun 7, 202122
- Board memberEllery Roberts Jul 30, 2020 to Jun 7, 202123
- Board memberEllette A. Anderson Jul 30, 2020 to Jul 31, 202324
- Board memberGlyn C. Milburn Jul 30, 2020 to Nov 22, 202125
- Board memberPaul Froning Jul 30, 2020 to Jun 7, 202126
Former names
- 1847 Goedeker Inc.Apr 22, 2020 to Jul 21, 20223
Timeline
- Feb 13, 20248-K Results of operations; Regulation FD disclosure; Other events27
- Feb 12, 20248-K Debt or obligation accelerated28
- Jan 31, 20248-K Shareholder vote; Other events29
- Jan 5, 20248-K Listing notice or transfer; Other events30
- Dec 7, 20238-K Executive or director change; Other events31
- Dec 4, 20238-K Entered a material agreement32
- Nov 21, 20238-K Results of operations33
- Oct 20, 20238-K Bylaws or fiscal year changed; Shareholder vote; Regulation FD disclosure34
- Oct 17, 20238-K Listing notice or transfer35
- Sep 15, 20238-K Listing notice or transfer; Other events36
- Aug 25, 20238-K Ended a material agreement37
- Aug 16, 20238-K Listing notice or transfer; Regulation FD disclosure38
- Nov 2, 2022New chief executive John E. Bunka becomes CEO9
- Sep 17, 2021New chief executive Albert Fouerti becomes CEO10
- Jul 30, 2020New chief executive Douglas T. Moore becomes CEO11
- Jan 10, 2019Founded Polished.com Inc. is founded2
Calendar
When it reported results
- Feb 13, 2024Reported quarterly or annual results27
- Nov 21, 2023Reported quarterly or annual results33
- Aug 15, 2023Reported quarterly or annual results39
- May 16, 2022Reported quarterly or annual results40
- Mar 31, 2022Reported quarterly or annual results41
- Mar 31, 2022Reported quarterly or annual results42
- Feb 2, 2022Reported quarterly or annual results43
- Nov 15, 2021Reported quarterly or annual results44
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
103 filings to the SEC since October 2021: 5 annual reports, 4 quarterly reports, 44 major events, 14 insider forms, 16 large holders, 20 other. The latest 20:
- Dec 26, 2024SEC STAFF ACTION EDGAR
- Feb 13, 20248-K CURRENT REPORT EDGAR
- Feb 13, 2024S-1 REGISTRATION STATEMENT EDGAR
- Feb 13, 2024SC 13G/A SCHEDULE 13G/A EDGAR
- Feb 12, 20248-K CURRENT REPORT EDGAR
- Feb 9, 2024SC 13G EDGAR
- Jan 31, 20248-K CURRENT REPORT EDGAR
- Jan 5, 20248-K CURRENT REPORT EDGAR
- Dec 26, 2023DEFC14A DEFINITIVE PROXY STATEMENT EDGAR
- Dec 19, 2023PX14A6G NOTICE OF EXEMPT SOLICITATION EDGAR
- Dec 14, 2023PREC14A PRELIMINARY PROXY STATEMENT EDGAR
- Dec 7, 2023DEFA14A CURRENT REPORT EDGAR
- Dec 7, 20238-K CURRENT REPORT EDGAR
- Dec 4, 20238-K CURRENT REPORT EDGAR
- Nov 21, 20238-K CURRENT REPORT EDGAR
- Nov 20, 202310-Q QUARTERLY REPORT EDGAR
- Nov 15, 2023NT 10-Q NOTIFICATION OF LATE FILING EDGAR
- Oct 20, 20238-K CURRENT REPORT EDGAR
- Oct 17, 20238-K CURRENT REPORT EDGAR
- Sep 29, 2023DEFA14A DEFINITIVE ADDITIONAL MATERIALS EDGAR
The 103 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
6 open-market trades by officers, directors and large owners since October 2021: 6 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Mar 23, 2022 | Anderson Ellette ADirector | Buy | 2,000 | $1.67 | $3.3K | Form 4 |
| Dec 16, 2021 | Johnson MariaChief Financial Officer | Buy | 12,500 | $2.41 | $30.1K | Form 4 |
| Dec 13, 2021 | Crosnoe Clark R.Director | Buy | 90,600 | $2.20 | $199.3K | Form 4 |
| Dec 13, 2021 | Fouerti AlbertChief Executive Officer | Buy | 58,876 | $2.02 | $118.9K | Form 4 |
| Dec 10, 2021 | Fouerti AlbertChief Executive Officer | Buy | 400,000 | $2.20 | $880.0K | Form 4 |
| Nov 18, 2021 | Milburn Glyn C.Director | Buy | 2,100 | $2.40 | $5.0K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- VANGUARD GROUP INCSC 13G/A, 2 filings Feb 9, 2023 to Feb 13, 202445
- Troy DiasSC 13G, 1 filing Feb 9, 202446
- MORGAN DEMPSEY CAPITAL MANAGEMENT LLCSC 13D/A, 3 filings Jan 26, 2023 to Aug 17, 202347
- BRIGHTLIGHT CAPITAL MANAGEMENT LPSC 13G/A, 2 filings Feb 14, 2022 to Feb 14, 202348
- Altium Capital Management LLCSC 13G/A, 1 filing Feb 14, 202249
- CANNELL CAPITAL LLCSC 13G/A, 2 filings Dec 22, 2021 to Feb 14, 202250
- Empery Asset Management, LPSC 13G/A, 1 filing Jan 24, 202251
- SABBY MANAGEMENT, LLCSC 13G/A, 1 filing Jan 4, 202252
- Philotimo Fund, LPSC 13D/A, 3 filings Oct 19, 2021 to Nov 16, 202153
SEC filer profile
How Polished.com Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARPolished.com Inc.1
- CIK0001810140
- Employer ID (EIN)83-37139381
- Filer status<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)5700 Retail-Home Furniture, Furnishings & Equipment Stores1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address3817 Millstone Parkway, St. Charles, MO 633011
- Phone88876817101
- Shares outstanding2,109,347 as of Nov 17, 20235
- Public float$47.3M as of Jun 30, 20224
- On EDGAR sinceApr 22, 20201
- Filings257 in all: 8-K (65), 4 (39), 3 (22), CORRESP (15), SC 13G (11), S-1/A (10), SC 13D/A (9), 10-Q (8)1
All 40 form types
DEFA14A (7), SC 13G/A (6), UPLOAD (5), 8-K/A (4), FWP (4), S-1 (4), SC 13D (4), 10-K (3), 10-K/A (3), DEF 14A (3), EFFECT (3), NT 10-Q (3), PRE 14A (3), S-8 (3), 10-Q/A (2), 25-NSE (2), 424B4 (2), 8-A12B (2), CERT (2), 424B3 (1), 5 (1), D (1), DEF 14C (1), DEFC14A (1), DFAN14A (1), DRS (1), DRSLTR (1), NT 10-K (1), PRE 14C (1), PREC14A (1), PX14A6G (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (10-K) Jul 31, 2023
Quarterly report (10-Q) Nov 20, 2023
Proxy statement (DEF 14A) Sep 28, 2023
Latest 8-K (8-K) Feb 13, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 12SEC EDGARMichael K. Hargrave, Chief Merchant
- 13SEC EDGARThomas S. Harcum, CMO and CTO
- 14SEC EDGARJacob Guilhas, VP of Logistics
- 15SEC EDGARHouman Akhavan, Board member
- 16SEC EDGARJames M. Schneider, Board member
- 17SEC EDGARAlan P. Shor, Board member
- 18SEC EDGARAlbert Fouerti, Board member
- 19SEC EDGARGary Alan Shaw, Board member
- 20SEC EDGARSelim A. Bassoul, Board member
- 21SEC EDGARClark R. Crosnoe, Board member
- 22SEC EDGAREdward Tobin, Board member
- 23SEC EDGAREllery Roberts, Board member
- 24SEC EDGAREllette A. Anderson, Board member
- 25SEC EDGARGlyn C. Milburn, Board member
- 26SEC EDGARPaul Froning, Board member
- 27
- 28SEC EDGARDebt or obligation accelerated
- 29SEC EDGARShareholder vote; Other events
- 30
- 31
- 32SEC EDGAREntered a material agreement
- 33SEC EDGARResults of operations
- 34
- 35SEC EDGARListing notice or transfer
- 36
- 37SEC EDGAREnded a material agreement
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- 39
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- 41
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