CarParts.com (PRTS) Registration filing summary

Company overview and business model

• Leading online provider of aftermarket auto parts, serving individual consumers via website, mobile app, and online marketplaces.

• Proprietary product database maps SKUs to vehicle applications, offering about 1,869,000 SKUs.

• Focus on technology investment, expanding product offerings, and enhancing supply chain and logistics.

• Operates four U.S. distribution centers totaling over 1 million square feet, with a new semi-automated facility in Las Vegas opened in June 2024.

• Recent launches include an AI-powered shopping assistant and new hubs for performance and European vehicle parts.

Financial performance and metrics

• Reported net loss of $50.4 million for fiscal year ended January 3, 2026, and $40.6 million for fiscal year ended December 28, 2024.

• Net loss per share (post-reverse split): $(8.24) for 2026 and $(7.12) for 2024.

• For the quarter ended April 4, 2026, net loss was $1.94 million, or $(0.28) per share (post-split).

• 8,098,751 shares of common stock outstanding as of June 4, 2026.

Use of proceeds and capital allocation

• No proceeds will be received from the resale of shares by selling stockholders.

• Gross proceeds of $8.0 million from the March 2026 private placement were intended to fund inventory investments.