| Schedule of Segment Reporting |
Key financial performance measures of the segments including revenue, cost of revenue, and gross profit are as follows (in thousands): | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | | | 2026 | | 2025 | | | | | Direct to Consumer(1): | | | | | | | | | Revenue | $ | 66,692 | | | $ | 89,176 | | | | | | | Cost of revenue | 16,532 | | | 29,431 | | | | | | | Gross profit | 50,160 | | | 59,745 | | | | | | | Commerce: | | | | | | | | | Revenue | 12,123 | | | 13,685 | | | | | | | Cost of revenue | 4,950 | | | 9,353 | | | | | | | Gross profit | 7,173 | | | 4,332 | | | | | | | Consolidated: | | | | | | | | | Revenue | 78,815 | | | 102,861 | | | | | | | Cost of revenue | 21,482 | | | 38,784 | | | | | | | Gross profit | $ | 57,333 | | | $ | 64,077 | | | | | | (1) Direct to Consumer includes revenue from BARK Air |
Reconciliation: | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | | | | 2026 | | 2025 | | | | | | Total gross profit | | $ | 57,333 | | | $ | 64,077 | | | | | | | Less: | | | | | | | | | | Advertising and marketing expenses | | 9,497 | | | 15,178 | | | | | | | General and administrative expenses | | 47,770 | | | 57,252 | | | | | | | | | | | | | | | | Loss from operations | | 66 | | | (8,353) | | | | | | | Less: | | | | | | | | | | Interest income | | 263 | | | 809 | | | | | | | Interest expense | | (2) | | | (709) | | | | | | | Other income - net | | 418 | | | 1,223 | | | | | | Net income (loss) before income taxes | | $ | 745 | | | $ | (7,030) | | | | | |
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