v3.26.1
Note 3 - Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Disposal Groups, Including Discontinued Operations [Table Text Block]

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Assets

 

 

 

 

 

 

Current assets:

 

 

 

 

 

 

Accounts receivable

 

$

528

 

 

$

6,839

 

Inventory

 

 

 

 

 

38,875

 

Total current assets

 

 

528

 

 

 

45,714

 

 

 

 

 

 

 

 

Other assets

 

 

 

 

 

2,407

 

Total assets

 

$

528

 

 

$

48,121

 

 

 

 

 

 

 

 

Liabilities and stockholders’ equity

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities:

 

 

 

 

 

 

Accounts payable

 

$

 

 

$

17,220

 

Accrued expenses and other current liabilities

 

 

 

 

 

13,167

 

Deferred revenue

 

 

744

 

 

 

1,696

 

Total current liabilities

 

 

744

 

 

 

32,083

 

Non-current liabilities:

 

 

 

 

 

 

Long-term debt

 

 

 

 

 

17,371

 

Total liabilities

 

$

744

 

 

$

49,454

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Net revenue

 

$

19,150

 

 

$

39,685

 

 

$

41,469

 

 

$

71,798

 

Costs of net revenue

 

 

12,960

 

 

 

23,531

 

 

 

29,071

 

 

 

41,244

 

Gross profit

 

 

6,190

 

 

 

16,154

 

 

 

12,398

 

 

 

30,554

 

Selling, general and administrative expenses

 

 

26,820

 

 

 

19,096

 

 

 

41,897

 

 

 

36,909

 

Marketing expense

 

 

2,914

 

 

 

8,525

 

 

 

10,042

 

 

 

20,543

 

Total operating expense

 

 

29,734

 

 

 

27,621

 

 

 

51,939

 

 

 

57,452

 

Interest expense (income)

 

 

1,146

 

 

 

(86

)

 

 

1,988

 

 

 

(379

)

Gain from disposal of discontinued operations

 

 

21,552

 

 

 

 

 

 

21,552

 

 

 

 

Gain on lease terminations

 

 

2,749

 

 

 

1,021

 

 

 

4,955

 

 

 

1,748

 

Other income

 

 

937

 

 

 

 

 

 

937

 

 

 

 

Other expense

 

 

(890

)

 

 

 

 

 

(890

)

 

 

 

Loss from debt extinguishment, discontinued operations

 

 

(3,249

)

 

 

 

 

 

(3,249

)

 

 

 

Loss from discontinued operations, net of tax

 

$

(3,591

)

 

$

(10,360

)

 

$

(18,224

)

 

$

(24,771

)