Three Months Ended

March 31,

2025

2024

Consolidated net revenue

$

5,956

$

6,469

Less:

Cost of goods sold

2,761

4,069

Excise taxes

3,681

3,385

Selling, general and administration

1,799

2,885

Research and development

61

324

Depreciation and amortization ⁽¹⁾

224

267

Other segment items ⁽²⁾

146

(27)

Interest expense

558

1,016

Segment net loss from continuing operations

$

(3,274)

$

(5,450)

(1) For the three months ended March 31, 2025, depreciation and amortization was recognized as cost of goods sold of $123 and research and development of $101. For the three months ended March 31, 2024, depreciation and amortization was recognized as cost of goods sold of $145, sales, general and administrative of $21 and research and development of $101.

(2) Other segment items include: other operating expenses, other (income) expense, interest income, and provision for income taxes.