
	Three Months Ended June 30, 2025
	Cultivation & Gardening		Storage Solutions		Corporate		Total
Net sales	$	32,861	$	8,102	$	—	$	40,963
Cost of sales	24,696		4,673		—		29,369
Gross profit	8,165		3,429		—		11,594
Operating expenses
Store operations and other operational expenses:
Employee costs	2,480		692		—		3,172
Facilities	2,645		402		—		3,047
External service providers	247		2		—		249
Other segment items (1)	1,220		179		—		1,399
Total store operations and other operational expenses	6,592		1,275		—		7,867
Other operating expenses
Selling, general, and administrative	—		—		6,151		6,151
Estimated credit losses	—		—		163		163
Depreciation and amortization	—		—		2,687		2,687

Total operating expenses	6,592		1,275		9,001		16,868

Income (loss) from operations	1,573		2,154		(9,001)		(5,274)

Other income	—		—		463		463

Net income (loss) before income taxes	$	1,573	$	2,154	$	(8,538)	$	(4,811)

(1) Other segment items for each reportable segment include travel expenses, transaction fees, and other miscellaneous expenses.


	Six Months Ended June 30, 2025
	Cultivation & Gardening		Storage Solutions		Corporate		Total
Net sales	$	63,772	$	12,894	$	—	$	76,666
Cost of sales	47,703		7,662		—		55,365
Gross profit	16,069		5,232		—		21,301
Operating expenses
Store operations and other operational expenses:
Employee costs	5,141		1,439		—		6,580
Facilities	5,401		796		—		6,197
External service providers	342		16		—		358
Other segment items (1)	3,077		447		—		3,524
Total store operations and other operational expenses	13,961		2,698		—		16,659
Other operating expenses
Selling, general, and administrative	—		—		13,263		13,263
Estimated credit losses	—		—		255		255
Depreciation and amortization	—		—		6,272		6,272

Total operating expenses	13,961		2,698		19,790		36,449

Income (loss) from operations	2,108		2,534		(19,790)		(15,148)

Other income	—		—		960		960

Net income (loss) before income taxes	$	2,108	$	2,534	$	(18,830)	$	(14,188)

(1) Other segment items for each reportable segment include travel expenses, transaction fees, and other miscellaneous expenses.


	Three Months Ended June 30, 2024
	Cultivation & Gardening		Storage Solutions		Corporate		Total
Net sales	$	46,110	$	7,426	$	—	$	53,536
Cost of sales	35,174		3,941		—		39,115
Gross profit	10,936		3,485		—		14,421
Operating expenses
Store operations and other operational expenses:
Employee costs	3,598		755		—		4,353
Facilities	3,358		284		—		3,642
External service providers	301		16		—		317
Other segment items (1)	1,670		228		—		1,898
Total store operations and other operational expenses	8,927		1,283		—		10,210
Other operating expenses
Selling, general, and administrative	—		—		7,104		7,104
Estimated credit losses	—		—		6		6
Depreciation and amortization	—		—		3,615		3,615

Total operating expenses	8,927		1,283		10,725		20,935

Income (loss) from operations	2,009		2,202		(10,725)		(6,514)

Other income	—		—		713		713

Net income (loss) before income taxes	$	2,009	$	2,202	$	(10,012)	$	(5,801)

(1) Other segment items for each reportable segment include travel expenses, transaction fees, and other miscellaneous expenses.


	Six Months Ended June 30, 2024
	Cultivation & Gardening		Storage Solutions		Corporate		Total
Net sales	$	89,218	$	12,206	$	—	$	101,424
Cost of sales	67,957		6,682		—		74,639
Gross profit	21,261		5,524		—		26,785
Operating expenses
Store operations and other operational expenses:
Employee costs	7,252		1,526		—		8,778
Facilities	6,838		642		—		7,480
External service providers	830		27		—		857
Other segment items (1)	3,268		461		—		3,729
Total store operations and other operational expenses	18,188		2,656		—		20,844
Other operating expenses
Selling, general, and administrative	—		—		15,012		15,012
Estimated credit recoveries	—		—		(482)		(482)
Depreciation and amortization	—		—		7,357		7,357

Total operating expenses	18,188		2,656		21,887		42,731

Income (loss) from operations	3,073		2,868		(21,887)		(15,946)

Other income	—		—		1,306		1,306

Net income (loss) before income taxes	$	3,073	$	2,868	$	(20,581)	$	(14,640)

(1) Other segment items for each reportable segment include travel expenses, transaction fees, and other miscellaneous expenses.