Business Combinations (Tables)

3 Months Ended

Mar. 31, 2025

Business Combinations [Abstract]

Summary of Preliminary Allocation of Consideration Transferred to Assets Acquired and Liabilities Assumed

The following table summarizes the allocation of the consideration transferred to the assets acquired and liabilities assumed at the acquisition date:


(In thousands)		Amount
Cash			1,562
Accounts Receivable			23,888
Inventory			22,721
Prepaid and Other Current Assets			3,195
Property, Plant & Equipment			1,161
Other Assets			3,478
Intangible Assets			47,769
Accounts Payable			(12,535	)
Accrued Liabilities			(6,268	)
Lease Payable			(2,726	)
Deferred Tax Liability			(7,592	)
Total identifiable net assets			74,653
Goodwill			39,741
Total consideration		$	114,394

Summary of Pro Forma Financial Information (Unaudited)

The following table reflects the unaudited pro forma operating results of the Company for the three months ended March 31, 2024, which give effect to the acquisition of PDP as if it had occurred on January 1, 2023.


		Three Months Ended
		March 31,
		2024
		(in thousands)
Net revenue		$	77,832
Net (loss)		$	(2,516	)