| Schedule of financial information for segments |
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2025 |
|
Outdoor |
|
Adventure |
|
Total |
Sales |
|
|
|
|
|
|
|
|
Domestic sales |
$ |
20,694 |
|
$ |
4,115 |
|
$ |
24,809 |
International sales |
|
23,629 |
|
|
11,995 |
|
|
35,624 |
Total sales |
|
44,323 |
|
|
16,110 |
|
|
60,433 |
Cost of goods sold |
|
29,354 |
|
|
10,165 |
|
|
|
Inventory fair value of purchase accounting |
|
- |
|
|
120 |
|
|
|
Selling, general and administrative |
|
14,026 |
|
|
8,839 |
|
|
|
Restructuring charges |
|
173 |
|
|
- |
|
|
|
Transaction costs |
|
70 |
|
|
40 |
|
|
|
Legal costs and regulatory matter expenses |
|
578 |
|
|
- |
|
|
|
Segment operating income (loss) |
$ |
122 |
|
$ |
(3,054) |
|
$ |
(2,932) |
Corporate costs |
|
|
|
|
|
|
|
(3,830) |
Interest income, net |
|
|
|
|
|
|
|
257 |
Other, net |
|
|
|
|
|
|
|
459 |
Loss before income tax |
|
|
|
|
|
|
$ |
(6,046) |
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2024 |
|
Outdoor |
|
Adventure |
|
Total |
Sales |
|
|
|
|
|
|
|
|
Domestic sales |
$ |
23,629 |
|
$ |
4,655 |
|
$ |
28,284 |
International sales |
|
23,393 |
|
|
17,634 |
|
|
41,027 |
Total sales |
|
47,022 |
|
|
22,289 |
|
|
69,311 |
Cost of goods sold |
|
30,001 |
|
|
13,730 |
|
|
|
PFAS and other inventory reserves |
|
729 |
|
|
- |
|
|
|
Selling, general and administrative |
|
15,072 |
|
|
9,183 |
|
|
|
Restructuring charges |
|
224 |
|
|
146 |
|
|
|
Legal costs and regulatory matter expenses |
|
2,705 |
|
|
- |
|
|
|
Segment operating loss |
$ |
(1,709) |
|
$ |
(770) |
|
$ |
(2,479) |
Corporate costs |
|
|
|
|
|
|
|
(4,295) |
Interest income, net |
|
|
|
|
|
|
|
370 |
Other, net |
|
|
|
|
|
|
|
(909) |
Loss before income tax |
|
|
|
|
|
|
$ |
(7,313) |
|
| Schedule of total assets by segment |
|
|
|
|
|
|
|
March 31, 2025 |
|
December 31, 2024 |
|
|
|
|
|
|
Outdoor |
$ |
142,452 |
|
$ |
137,062 |
Adventure |
|
118,885 |
|
|
120,063 |
Corporate |
|
31,500 |
|
|
36,969 |
|
$ |
292,837 |
|
$ |
294,094 |
|
| Schedule of capital expenditures, depreciation and amortization by segment |
|
|
|
|
|
|
|
Three Months Ended |
|
March 31, 2025 |
|
March 31, 2024 |
Capital expenditures: |
|
|
|
|
|
Outdoor |
$ |
1,143 |
|
$ |
720 |
Adventure |
|
38 |
|
|
291 |
Total capital expenditures |
$ |
1,181 |
|
$ |
1,011 |
Depreciation: |
|
|
|
|
|
Outdoor |
$ |
506 |
|
$ |
673 |
Adventure |
|
377 |
|
|
353 |
Total depreciation |
$ |
883 |
|
$ |
1,026 |
Amortization: |
|
|
|
|
|
Outdoor |
$ |
283 |
|
$ |
286 |
Adventure |
|
1,941 |
|
|
2,163 |
Total amortization |
$ |
2,224 |
|
$ |
2,449 |
|