v3.25.2
GOODWILL AND INTANGIBLE ASSETS (Tables)
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
The carrying value of goodwill by segment was as follows:

Cultivation and GardeningStorage SolutionsTotal
Balance as of December 31, 2024$— $1,605 $1,605 
Balance as of June 30, 2025$— $1,605 $1,605 
Schedule of intangible assets
The changes in intangible assets by segment for the six months ended June 30, 2025 were as follows:

Cultivation and GardeningStorage SolutionsTotal
Balance as of December 31, 2024$6,881 $1,898 $8,779 
Amortization(2,714)(351)(3,065)
Acquisitions918 — 918 
Balance as of June 30, 2025$5,085 $1,547 $6,632 
On June 6, 2025, the Company purchased substantially all of the assets of Hydro Generation Inc. (referred to as "Viagrow"), a domestic supplier of gardening and hydroponic equipment. The acquisition related intangible assets in the preceding table represent the preliminary estimates of the fair values of identified intangible assets. As of June 30, 2025, the Company has not finalized its preliminary purchase price allocation. Refer to Note 12, Acquisitions, for additional information regarding the Viagrow acquisition.

Intangible assets on the Condensed Consolidated Balance Sheets consisted of the following:
June 30, 2025December 31, 2024
Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Trade names$27,990 $(24,454)$3,536 $27,790 $(21,908)$5,882 
Customer relationships13,587 (10,492)3,095 12,869 (9,974)2,895 
Non-competes860 (859)1 860 (858)2 
Intellectual property1,136 (1,136)— 1,136 (1,136)— 
Patents, trademarks69 (69)— 69 (69)— 
Total$43,642 $(37,010)$6,632 $42,724 $(33,945)$8,779 
Schedule of future amortization expense
Future amortization expense as of June 30, 2025 was as follows:

2025 (remainder of the year)$2,922 
20262,174 
2027924 
2028242 
2029184 
Thereafter186 
Total$6,632