Segment Reporting (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Segment Reporting [Abstract] |
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| Schedule of Segment Reporting Information by Segment |
Information about the Company’s operations by operating segment as of and for the three and six months ended June 30, 2026 and 2025 is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Net sales | $ | 216,153 | | | $ | 168,759 | | | $ | 395,918 | | | $ | 299,680 | | | Americas | 172,465 | | | 141,961 | | | 320,629 | | | 254,561 | | | International | 43,688 | | | 26,798 | | | 75,289 | | | 45,119 | | Cost of goods sold | $ | 110,842 | | | $ | 107,494 | | | $ | 218,794 | | | $ | 190,330 | | | Americas | 83,185 | | | 90,915 | | | $ | 170,415 | | | $ | 161,203 | | | International | 27,657 | | | 16,579 | | | $ | 48,379 | | | $ | 29,127 | | | Gross profit | $ | 105,311 | | | $ | 61,265 | | | $ | 177,124 | | | $ | 109,350 | | | Americas | 89,281 | | | 51,046 | | | 150,215 | | | 93,358 | | | International | 16,030 | | | 10,219 | | | 26,909 | | | 15,992 | |
| | | | | | | | | | | | | As of June 30, | | As of December 31, | | 2026 | | 2025 | | Total segment assets | $ | 572,942 | | | $ | 461,158 | | | Americas | 366,579 | | | 302,185 | | | International | 206,363 | | | 158,973 | |
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| Reconciliation of Gross Profit to Income (Loss) Before Income Taxes |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | Reconciliation: | 2026 | | 2025 | | 2026 | | 2025 | | Total gross profit | $ | 105,311 | | | $ | 61,265 | | | $ | 177,124 | | | $ | 109,350 | | | Less: | | | | | | | | | Selling, general, and administrative expenses | 42,172 | | | 36,143 | | | 80,403 | | | 64,935 | | Income from operations | $ | 63,139 | | | $ | 25,122 | | | $ | 96,721 | | | $ | 44,415 | | | Less: | | | | | | | | | Unrealized (loss) gain on derivative instruments | (233) | | | 1,067 | | | 2,594 | | | 3,884 | | Foreign currency (loss) gain | (1,046) | | | 482 | | | (1,545) | | | 1,062 | | | Interest income, net | 2,483 | | | 1,500 | | | 4,021 | | | 3,018 | | | | | | | | | | | Other income, net | 14 | | | — | | | 8 | | | 155 | | | Income before income taxes | $ | 64,357 | | | $ | 28,171 | | | $ | 101,799 | | | $ | 52,534 | |
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| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue |
The following table provides information related to the Company’s net sales by country, which is presented on the basis of the location that revenue from customers is recorded: | | | | | | | | | | | | | | | | | Six Months Ended June 30, | | | 2026 | | 2025 | | United States | | $ | 294,112 | | | $ | 235,813 | | United Kingdom | | 44,665 | | | 31,403 | | All other countries(1) | | 57,141 | | | 32,464 | | | Net sales | | $ | 395,918 | | | $ | 299,680 | |
__________ | | | | | | | (1) | No individual country is greater than 10% of total net sales for the six months ended June 30, 2026 and 2025. |
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| Long-lived Assets by Geographic Areas |
The following table provides information related to the Company’s property and equipment, net by country: | | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | United States | $ | 6,242 | | | $ | 6,419 | | Singapore | 2,051 | | | 2,224 | | United Kingdom | 638 | | | 655 | | | | | | Property and equipment, net | $ | 8,931 | | | $ | 9,298 | |
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