v3.26.1
Segment Reporting
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company has a single operating and reportable segment that derives its revenue from customers through the production and sale of agricultural produce, consisting primarily of grown living and loose leaf lettuce, arugula, cress, and salad kits. All of the Company's revenue is generated in the U.S., and the Company manages its business activities on a consolidated basis. The Company’s chief operating decision maker ("CODM") is the Chief Executive Officer, who reviews financial information presented on a consolidated basis for purposes of making operating decisions, assessing financial performance, and allocating resources.  

The CODM assesses segment performance and decides how to allocate resources based on net loss, which is also reported on the Unaudited Condensed Consolidated Statements of Operations, and net cash generated by or used in operating activities, which is also reported on the Unaudited Condensed Consolidated Statements of Cash Flows. The measure of segment assets is reported on the Unaudited Condensed Consolidated Balance Sheets as total assets. Significant expenses reviewed by the CODM include those that are presented in the Unaudited Condensed Consolidated Statements of Operations.
Segment operating results, including significant expenses regularly provided to the CODM, along with a reconciliation of segment operating loss to consolidated net loss, are as follows:

Three Months Ended June 30,
Six Months Ended June 30,
2026
2025
2026
2025
(in thousands)(in thousands)
Sales
$
13,850
$
12,103
$
27,187
$
23,708
Less:
Salaries and wages
7,230
7,919
14,310
16,507
Transportation and delivery
1,297
767
2,157
1,597
Depreciation and amortization
5,571 
5,856 
11,200 
11,736 
Interest expense, net
4,486
4,602
8,520
23,440
Stock-based compensation expense, net of amounts capitalized
995
2,260
1,988
2,850
Other segment items(1)
14,092
12,276
21,551
26,830
Segment net loss
(19,821)
(21,577)
(32,539)
(59,252)
Reconciliation of profit or loss
Adjustments and reconciling items
—
—
—
—
Net loss
$
(19,821)
$
(21,577)
$
(32,539)
$
(59,252)
_____________________

(1) Other segment items included in Segment net loss include change in fair value of warrant liabilities, research and development expense, facilities expense, legal expense, accounting expense, insurance expense, loss on disposal of fixed assets, software expense, and other overhead expense.