v3.25.2
Note 10 - Business Combinations (Tables)
 6 Months Ended
Jun. 30, 2025
Notes Tables  
Business Combination [Table Text Block]
  

(in thousands)

 
  

Coastal Pine Group

  

EWCR

 

Equity Consideration - Common Stock

 $1,264  $316 

Put Option

  3,480   — 

Note Payable

  1,874   457 

Cash Consideration

  —   800 

Earnout Provision

  —   4 

Total Consideration

 $6,618  $1,577 
         

Assets Acquired:

        

Cash

  959   81 

Accounts Receivable

  85   — 

Inventory

  524   305 

Prepaid Expenses & Other Current Assets

  112   11 

Property, Equipment and Leasehold Improvements

  470   162 

Right-of-Use Asset - Operating Leases

  1,694   — 

Intangible Assets

  3,100   3,600 

Other Assets

  —   86 

Total Assets Acquired

  6,944   4,245 
         

Liabilities Assumed:

        

Accounts Payable & Accrued Liabilities

  3,877   4,541 

Operating Lease Liabilities

  2,077   — 

Notes Payable

  307   500 

Income Taxes Payable

  9,632   7,527 

Accrued Income Taxes

  —   2,014 

Deferred Tax Liabilities

  1,549   319 

Total Liabilities Assumed

  17,442   14,901 
         

Fair Value of Net Assets Acquired

  (10,498)  (10,656)
         

Goodwill

 $17,116  $12,233 
Business Combination, Pro Forma Information [Table Text Block]
  

(in thousands)

 
  

Three Months Ended June 30,

  

Six Months Ended June 30,

 
  

2025

  

2024

  

2025

  

2024

 

Pro Forma Revenue

 $5,097  $10,474  $10,445  $16,748 

Pro Forma Net Income (Loss)

 $(2,179) $22,380  $(3,174) $18,882