Segment Information |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Segment Reporting [Abstract] | |
| Segment Information | Segment Information The Company has one reportable segment as its CODM reviews financial information on a consolidated basis. The Company generates revenue from the sale of pre-owned luxury goods through its online marketplace and retail stores. Revenue is comprised of consignment revenue, direct revenue, and shipping services revenue. The Company does not have intra-entity sales or transfers. The CODM assesses performance and allocates resources based on net income (loss), as reported on the condensed statements of operations. Net income (loss) is used to monitor budget versus actual results. The CODM does not evaluate operating segments using asset or liability information. In the second quarter of 2026, the presentation of the financial information reviewed by the CODM was updated to reflect the current manner in which the CODM assesses performance. Following this update, the financial information provided to the CODM, including significant expenses, is presented on a basis consistent with the information already disclosed in the accompanying unaudited condensed financial statements and the notes thereto.
|