v3.26.1
SEGMENT REPORTING
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
The Company functions as a single operating and reportable segment because its operations and strategies are centrally managed and remain significantly similar across the geographical regions in which it operates. The CODM evaluates operating results and allocates resources on a consolidated basis due to the significant economic interdependencies between the Company's geographical operations and its brands. The CODM does not regularly review asset information or other balance sheet data; accordingly, the Company does not disclose specific asset information for its single reportable segment herein.

The following table reflects certain financial data for the Company's single reportable segment:

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Revenue$817,925 $739,259 $1,600,540 $1,068,535 
Cost of revenue (excluding outbound freight) (373,596)(318,277)(722,421)(460,752)
Outbound freight(50,641)(40,131)(106,364)(54,559)
Gross profit393,688 380,851 771,755 553,224 
Selling and marketing expenses(181,903)(150,842)(332,495)(231,738)
General and administrative expenses(55,670)(87,044)(139,725)(126,490)
Distributor termination fees(80,860)— (85,287)— 
Total other expense, net(5,725)(13,500)(7,182)(4,538)
Net income before provision for income taxes$69,530 $129,465 $207,066 $190,458 
Provision for income taxes(14,237)(29,610)(41,674)(46,184)
Net income$55,293 $99,855 $165,392 $144,274