GOODWILL AND INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

6. GOODWILL AND INTANGIBLE ASSETS

The carrying value of goodwill by segment was as follows:


	Cultivation and Gardening		Storage Solutions		Total



Balance as of December 31, 2025	$	475	$	1,605	$	2,080
Acquisitions and measurement period adjustments	—		—		—

Balance as of June 30, 2026	$	475	$	1,605	$	2,080

Accumulated impairment for goodwill related entirely to the Cultivation and Gardening segment and totaled $131.9 million as of June 30, 2026 and December 31, 2025.

The changes in intangible assets by segment for the six months ended June 30, 2026 were as follows:


	Cultivation and Gardening		Storage Solutions		Total




Balance as of December 31, 2025	$	2,130	$	1,196	$	3,326
Amortization	(963)		(351)		(1,314)


Balance as of June 30, 2026	$	1,167	$	845	$	2,012

Intangible assets on the Condensed Consolidated Balance Sheets consisted of the following:


	June 30, 2026						December 31, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Trade names	$	27,790	$	(27,535)	$	255	$	27,790	$	(26,764)	$	1,026
Customer relationships	13,339		(11,582)		1,757		13,339		(11,040)		2,299
Non-competes	860		(860)		—		860		(859)		1
Intellectual property	1,136		(1,136)		—		1,136		(1,136)		—
Patents, trademarks	69		(69)		—		69		(69)		—
Total	$	43,194	$	(41,182)	$	2,012	$	43,194	$	(39,868)	$	3,326

Amortization expense was $0.6 million and $1.3 million for the three and six months ended June 30, 2026, respectively, and $1.6 million and $3.1 million for the three and six months ended June 30, 2025, respectively.

Future amortization expense as of June 30, 2026 was as follows:



2026 (remainder of the year)	$	753
2027	817
2028	135
2029	77
2030	52
Thereafter	178
Total	$	2,012