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SEGMENT REPORTING
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
The Company sells haircare products through three sales channels: professional, specialty retail and DTC. The Company does not have intersegment revenues. See further discussion in “Note 3 – Net Sales” to the Company’s Condensed Consolidated Financial Statements of this Quarterly Report for more information. The Company manages its business on the basis of its three sales channels that are part of a single operating segment and, therefore, a single reportable segment.
The Company’s chief operating decision maker (“CODM”) is its Chief Executive Officer. The CODM assesses the Company’s performance based on net income that is also reported on the Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income. The measure of the Company’s segment assets is reported on the Condensed Consolidated Balance Sheets as total assets.
The CODM uses net income to evaluate income generated from segment assets in deciding how to reinvest profits into the Company as well as in assessing performance of the segment.
Three Months Ended
March 31,
20262025
Net sales$99,369 $96,978 
Less: (1)
Cost of product (excluding amortization)25,293 27,230 
Marketing expenses26,036 18,111 
Adjusted selling, general, and administrative (2)
27,828 25,553 
Depreciation and amortization13,318 13,372 
Interest expense7,132 13,725 
Interest income(2,702)(5,952)
Income tax (benefit) provision(4,396)416 
Share-based compensation expense3,517 2,918 
Other segment items (3)
8,630 1,140 
Net (loss) income$(5,287)$465 
(1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
(2) Amounts exclude depreciation and amortization expense, marketing expenses, share-based compensation expense and the other costs described in footnote 3 to this table.
(3) For the three months ended March 31, 2026, other segment items included $7.4 million of Merger transaction-related costs, research and development costs and Other expense (income), net. For the three months ended March 31, 2025, other segment items included research and development costs and Other expense (income), net.