v3.25.4
INCOME TAX BENEFIT - Deferred Tax Assets and Deferred Tax Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets:    
Inventory reserve $ 2,428 $ 3,217
Net operating losses 34,336 19,016
Non-deductible interest carryover 11,164 3,790
Accruals and other temporary differences 6,102 8,943
Goodwill 4,334 0
Investment in Waldencast LP 11,673 13,147
Total deferred tax assets 70,037 48,113
Deferred tax liabilities:    
Fixed asset basis (37,289) (37,035)
Other temporary differences (704) (2,651)
Total deferred tax liabilities (37,993) (39,685)
Less: valuation allowance (35,126) (22,471)
Net deferred taxes $ (3,082) $ (14,044)