v3.26.1
Business Segment Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Summary Of Segment Information
Segment information is as follows:
 
For the three months ended June 30, 2026
 
Wine &
Spirits
 
 
Non-
Alcoholic
and
Functional
 
 
Total
segment
 
(a)
 
 
Unallocated
amounts (b)
 
 
Comparable
Adjustments (c)
 
 
Consolidated
 
Net revenues
 
 
5,183,325
 
 
 
409,419
 
 
 
5,592,744
 
 
 
-
 
 
-
 
 
 
5,592,744
 
Cost of net revenues
 
 
3,762,613
 
 
 
334,582
 
 
 
4,097,195
 
 
 
-
 
 
-
 
 
 
4,097,195
 
Gross profit, non-GAAP (d)
 
 
1,420,712
 
 
 
74,837
 
 
 
1,495,549
 
 
 
-
 
 
 
-
 
 
 
1,495,549
 
Sales and marketing
 
 
773,713
 
 
 
207,446
 
 
 
981,159
 
 
 
78,718
 
 
 
-
 
 
 
1,059,877
 
General and administrative
 
 
921,103
 
 
 
178,845
 
 
 
1,099,948
 
 
 
4,727,627
 
 
 
226,613
 
 
 
6,054,188
 
Impairment loss
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
339,283
 
 
 
339,283
 
Loss from operations
 
 
(274,104
)
 
 
(311,454
)
 
 
(585,558
)
 
 
(4,806,345
)
 
 
(565,896
)
 
 
(5,957,799
)
 
For the three months ended June 30, 2025
 
Wine &
Spirits
 
 
Non-
Alcoholic
and
Functional
 
 
Total
segment
 
(a)
 
 
Unallocated
amounts (b)
 
 
Comparable
Adjustments (c)
 
 
Consolidated
 
Net revenues
 
 
5,318,393
 
 
 
176,438
 
 
 
5,494,831
 
 
 
10,001
 
 
 
-
 
 
 
5,504,832
 
Cost of net revenues
 
 
3,245,124
 
 
 
115,155
 
 
 
3,360,279
 
 
 
-
 
 
 
-
 
 
 
3,360,279
 
Gross profit, non-GAAP (d)
 
 
2,073,269
 
 
 
61,283
 
 
 
2,134,552
 
 
 
10,001
 
 
 
-
 
 
 
2,144,553
 
Sales and marketing
 
 
943,782
 
 
 
31,973
 
 
 
975,755
 
 
 
620
 
 
 
-
 
 
 
976,375
 
General and administrative
 
 
1,003,169
 
 
 
32,970
 
 
 
1,036,139
 
 
 
615,952
 
 
 
265,101
 
 
 
1,917,192
 
Impairment loss
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Income (loss) from operations
 
 
126,318
 
 
 
(3,660
)
 
 
122,658
 
 
 
(606,571
)
 
 
(265,101
)
 
 
(749,014
)
 
 


For the six months ended June 30, 2026
 
Wine &
Spirits
 
 
Non-
Alcoholic
and
Functional
 
 
Total
segment
 (a)
 
 
Unallocated
amounts (b)
 
 
Comparable
Adjustments (c)
 
 
Consolidated
 
Net revenues
 
 
8,809,142
 
 
 
932,945
 
 
 
9,742,087
 
 
 
-
 
 
 
-
 
 
 
9,742,087
 
Cost of net revenues
 
 
6,450,375
 
 
 
723,221
 
 
 
7,173,596
 
 
 
-
 
 
 
-
 
 
 
7,173,596
 
Gross profit, non-GAAP (d)
 
 
2,358,767
 
 
 
209,724
 
 
 
2,568,491
 
 
 
-
 
 
 
-
 
 
 
2,568,491
 
Sales and marketing
 
 
1,495,438
 
 
 
415,168
 
 
 
1,910,606
 
 
 
116,748
 
 
 
-
 
 
 
2,027,354
 
General and administrative
 
 
1,750,715
 
 
 
324,748
 
 
 
2,075,463
 
 
 
6,047,985
 
 
 
447,545
 
 
 
8,570,993
 
Impairment loss
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
449,685
 
 
 
449,685
 
Loss from operations
 
 
(887,386
)
 
 
(530,192
)
 
 
(1,417,578
)
 
 
(6,164,733
)
 
 
(897,230
)
 
 
(8,479,541
)
 
For the six months ended June 30, 2025
 
Wine &
Spirits
 
 
Non-
Alcoholic
and
Functional
 
 
Total
segment
 (a)
 
 
Unallocated
amounts (b)
 
 
Comparable
Adjustments (c)
 
 
Consolidated
 
Net revenues
 
 
9,306,617
 
 
 
400,022
 
 
 
9,706,639
 
 
 
10,000
 
 
 
128,736
 
 
 
9,845,375
 
Cost of net revenues
 
 
5,906,329
 
 
 
264,289
 
 
 
6,170,618
 
 
 
(50
)
 
 
315,495
 
 
 
6,486,063
 
Gross profit, non-GAAP (d)
 
 
3,400,288
 
 
 
135,733
 
 
 
3,536,021
 
 
 
10,050
 
 
 
(186,759
)
 
 
3,359,312
 
Sales and marketing
 
 
1,840,388
 
 
 
117,686
 
 
 
1,958,074
 
 
 
11,706
 
 
 
-
 
 
 
1,969,780
 
General and administrative
 
 
2,386,219
 
 
 
99,981
 
 
 
2,486,200
 
 
 
1,181,284
 
 
 
367,808
 
 
 
4,035,292
 
Impairment loss
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Loss from operations
 
 
(826,319
)
 
 
(81,934
)
 
 
(908,253
)
 
 
(1,182,940
)
 
 
(554,567
)
 
 
(2,645,760
)
Summary Of Geographic Data Geographic data is as follows:
 
 
 
Three months
ended June 30,
2026
 
 
Three months
ended June 30,
2025
 
 
Six months
ended June 30,
2026
 
 
Six months
ended June 30,
2025
 
Net revenues
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S.
 
 
5,558,666
 
 
 
5,490,048
 
 
 
9,697,105
 
 
 
9,827,588
 
Non-U.S.
 
 
34,078
 
 
 
14,784
 
 
 
44,982
 
 
 
17,787
 
Total net revenues
 
$
5,592,744
 
 
$
5,504,832
 
 
$
9,742,087
 
 
$
9,845,375