v3.26.1
Note 14 - Segment Information
 6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Segment Reporting [Text Block]

14.

SEGMENT INFORMATION

 

Aterian, Inc. is a consumer products company that predominantly operates through online retail channels such as Amazon, Walmart, and Target and its own direct to consumer websites. The Company operates its owned brands, which were either incubated or purchased, selling products in multiple categories, including home and kitchen appliances, kitchenware, air quality appliances, health and beauty products and essential oils. The Company has determined that it has one operating segment. The Company's chief operating decision maker ("CODM") is its chief executive officer, who reviews financial information presented on a consolidated basis. The CODM uses consolidated operating margin and net income to assess financial performance and allocate resources. These financial metrics are used by the CODM to make key operating decisions, such as the determination of the rate at which the Company seeks to grow operating margin and the allocation of budget between cost of goods sold, variable sales costs, and other vendor and payroll expenses.

 

  Three Months Ended June 30, 
  

2026

  2025 

Net revenue

 $7  $88 

Less:

        

Cost of Sales

  6   47 

Other vendor and payroll expenses

  3,670   3,525 

Depreciation and amortization

  1   97 

Stock-based compensation expense

  289   (3)

Other segment items(1)

  3   187 

Net loss from continuing operations

 $(3,962) $(3,765)

 

  

Six Months Ended June 30,

 
  

2026

  

2025

 

Net revenue

 $25  $151 

Less:

        

Cost of Sales

  14   59 

Other vendor and payroll expenses

  6,437   6,228 

Depreciation and amortization

  11   195 

Stock-based compensation expense

  731   588 

Other segment items(1)

  229   265 
Net loss from continuing operations $(7,397) $(7,184)

 

(1) Other segment items primarily include income taxes, interest expense, other income, gain on extinguishment of debt, and the change in fair value of warrant liabilities.

 

The CODM does not use total assets as a financial metric when making key operating decisions.