v3.26.1
Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2025
Acquisitions [Abstract]  
Schedule of Estimated Fair Value of Total Consideration

The Sale Agreement and the Release Agreement included provisions for indemnification, reimbursement for returned items, handling of assets and liabilities during Gander Group’s wind-down, and certain other matters.

 

Cash  $1,099 
Gander release agreement payments   370 
Total consideration  $1,469 

 

The following table summarizes the purchase price allocations relating to the Gander Group Acquisition:

 

Accounts receivable  $1,717 
Prepaid expenses and other assets   946 
Inventory   939 
Customer relationships   1,458 
Goodwill   2,542 
Trade name   654 
Other long-term assets   58 
Accounts payable and accrued expenses   (4,698)
Customer deposits   (2,147)
Total consideration  $1,469 
Schedule of Pro Forma Financial Information The pro forma financial information is not necessarily indicative of the results of operations as they would have been had the transactions been effected on the assumed date:
Sales  $112,793 
      
Net loss  $(826)
      
Net income per share - basic & diluted  $(0.04)
Weighted average shares outstanding - basic & diluted   18,587,607 

The following unaudited pro forma financial information reflects the amounts of revenue and net loss of Gander Group included in the consolidated results of operations of the Company for the period from the date of acquisition (August 23, 2024) through December 31, 2024:

 

Sales  $9,942 
      
Net loss   (1,050)