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Note 3 - Segment Reporting
 3 Months Ended
Jun. 29, 2025
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

Note 3 – Segment Reporting

 

The Company’s operations are managed and reported to its Chief Executive Officer, the Company’s chief operating decision maker (“CODM”), on a consolidated basis. The Company operates primarily in one principal segment, infant, toddler and juvenile products. These products consist of infant and toddler bedding, diaper bags, bibs, toys and disposable products. The CODM assesses performance and allocates resources based on the Company’s consolidated statements of operations, which requires the CODM to manage and evaluate the results of the Company in a consolidated manner to drive efficiencies and develop uniform strategies. Segment asset information is not used by the CODM to allocate resources.

 

As a single reportable segment entity, the Company’s segment performance measure is net income (loss). The following table presents information about the Company’s reportable segment (in thousands):

 

  

Three-Month Periods Ended

 
  

June 29, 2025

  

June 30, 2024

 

Net sales

 $15,478  $16,212 

Less:

        

Cost of products sold

  11,960   12,246 

Marketing and administrative expenses

  4,717   4,263 

Interest expense, net and other

  184   89 

Income tax benefit

  (279)  (64)

Segment net loss

 $(1,104) $(322)

 

Included in the profit or loss measure above are the following: Depreciation expense and amortization expense were $198,000 and $214,000, respectively, for the three months ended June 29, 2025 while for the three months ended June 30, 2024, depreciation and amortization expenses were $184,000 and $148,000, respectively.