v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME $ 6,326 $ 8,984
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 420 108
Allowance for credit losses (32) 24
Allowance for inventory obsolescence 147 (62)
Stock-based compensation 404 459
Amortization of deferred financing costs 40 41
Write-off of deferred financing costs 49 0
Amortization of inventory step-up 1,045 0
Changes in operating assets and liabilities:    
Accounts receivable - trade 210 361
Inventories (582) (2,109)
Deferred taxes (881) 148
Prepaid expense and other assets 200 692
Right-of-use asset 242 90
Accounts payable 743 866
Income taxes payable (54) 634
Lease liability (223) (107)
Accrued expense and other current liabilities (582) (512)
Product returns (33) (7)
Net cash provided by operating activities 7,439 9,610
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (42) (10)
Net cash used in investing activities (42,542) (10)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 682 17
Borrowings on term loans 40,452 0
Payoff of 2023 term loans (10,875) 0
Borrowings on line of credit 5,600 0
Net cash provided by (used in) financing activities 32,086 (6,983)
Foreign currency impact on cash    
Foreign currency impact on cash 143 5
CHANGE IN CASH AND RESTRICTED CASH (2,874) 2,622
CASH AND RESTRICTED CASH, BEGINNING OF PERIOD 4,520 1,898
CASH AND CASH EQUIVALENTS, END OF PERIOD 1,646 4,520
Supplemental cash flow disclosure    
Cash paid for income taxes 2,362 2,498
Cash paid for interest, net of amounts capitalized 1,748 1,361
Non-cash investing and financing activities    
Addition to right-of-use assets from new operating lease liabilities 0 386
2025 Term Loan [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on term loans (1,523) 0
The 2023 Term Loan [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on term loans (2,250) (7,000)
Irwin Naturals [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid for Irwin acquisition $ (42,500) $ 0