v3.26.1
BUSINESS COMBINATION (Tables)
 6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Business Combination, Recognized Asset Acquired and Liability Assumed
The following table summarizes the estimated fair value of the assets acquired and liabilities assumed as of the acquisition date:

Amount
(In thousands)
Cash and cash equivalents$71 
Accounts receivable, net
8,891 
Inventories
12,039 
Prepayments and other current assets870 
Operating lease right-of-use assets
5,720 
Property and equipment, net
838 
Intangible assets270 
Deferred tax assets1,524 
Total assets acquired$30,223 
Accounts payable(3,916)
Current operating lease liabilities
(4,842)
Accrued expenses and other current liabilities
(1,947)
Operating lease liabilities, non-current
(878)
Finance lease obligations, non-current(274)
Total liabilities assumed$(11,857)
Total identifiable net assets$18,366 
Goodwill314 
Total purchase price$18,680 
Schedule of Consideration Paid
The following table summarizes the consideration paid/payable for the New Classic acquisition as of the acquisition date:

Amount
(In thousands)
Cash paid
$14,400 
Cash payable
955 
Contingent consideration
3,325 
Total purchase price$18,680