Quarterly report [Sections 13 or 15(d)]

SEGMENT INFORMATION (Tables)

v3.25.2
SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2025
SEGMENT INFORMATION  
Schedule of financial information for segments

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 2025

​

Outdoor

​

Adventure

​

Total

Sales

​

​

​

​

​

​

​

​

Domestic sales

$

18,621

​

$

6,103

​

$

24,724

International sales

​

18,040

​

​

12,483

​

​

30,523

Total sales

​

36,661

​

​

18,586

​

​

55,247

Cost of goods sold

​

23,429

​

​

11,648

​

​

​

Other inventory reserves

​

490

​

​

-

​

​

​

Selling, general and administrative

​

14,225

​

​

8,938

​

​

​

Restructuring charges

​

(42)

​

​

203

​

​

​

Transaction costs

​

86

​

​

-

​

​

​

Legal costs and regulatory matter expenses

​

1,150

​

​

-

​

​

​

Impairment of indefinite-lived intangible assets

​

1,565

​

​

-

​

​

​

Segment operating loss

$

(4,242)

​

$

(2,203)

​

$

(6,445)

Corporate costs

​

​

​

​

​

​

​

(4,456)

Interest income, net

​

​

​

​

​

​

​

153

Other, net

​

​

​

​

​

​

​

1,483

Loss before income tax

​

​

​

​

​

​

$

(9,265)

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 2024

​

Outdoor

​

Adventure

​

Total

Sales

​

​

​

​

​

​

​

​

Domestic sales

$

18,885

​

$

4,049

​

$

22,934

International sales

​

17,302

​

​

16,248

​

​

33,550

Total sales

​

36,187

​

​

20,297

​

​

56,484

Cost of goods sold

​

23,245

​

​

12,117

​

​

​

PFAS and other inventory reserves

​

716

​

​

-

​

​

​

Selling, general and administrative

​

14,295

​

​

9,557

​

​

​

Restructuring charges

​

146

​

​

15

​

​

​

Contingent consideration benefit

​

-

​

​

(125)

​

​

​

Legal costs and regulatory matter expenses

​

180

​

​

-

​

​

​

Segment operating income (loss)

$

(2,395)

​

$

(1,267)

​

$

(3,662)

Corporate costs

​

​

​

​

​

​

​

(4,475)

Interest income, net

​

​

​

​

​

​

​

455

Other, net

​

​

​

​

​

​

​

414

Loss before income tax

​

​

​

​

​

​

$

(7,268)

​

​

​

​

​

​

​

​

​

​

​

Six Months Ended June 30, 2025

​

Outdoor

​

Adventure

​

Total

Sales

​

​

​

​

​

​

​

​

Domestic sales

$

39,315

​

$

10,218

​

$

49,533

International sales

​

41,669

​

​

24,478

​

​

66,147

Total sales

​

80,984

​

​

34,696

​

​

115,680

Cost of goods sold

​

52,783

​

​

21,813

​

​

​

Inventory fair value of purchase accounting

​

-

​

​

120

​

​

​

Other inventory reserves

​

490

​

​

-

​

​

​

Selling, general and administrative

​

28,251

​

​

17,777

​

​

​

Restructuring charges

​

131

​

​

203

​

​

​

Transaction costs

​

156

​

​

40

​

​

​

Legal costs and regulatory matter expenses

​

1,728

​

​

-

​

​

​

Impairment of indefinite-lived intangible assets

​

1,565

​

​

-

​

​

​

Segment operating loss

$

(4,120)

​

$

(5,257)

​

$

(9,377)

Corporate costs

​

​

​

​

​

​

​

(8,286)

Interest income, net

​

​

​

​

​

​

​

410

Other, net

​

​

​

​

​

​

​

1,942

Loss before income tax

​

​

​

​

​

​

$

(15,311)

​

​

​

​

​

​

​

​

​

​

​

Six Months Ended June 30, 2024

​

Outdoor

​

Adventure

​

Total

Sales

​

​

​

​

​

​

​

​

Domestic sales

$

42,514

​

$

8,704

​

$

51,218

International sales

​

40,695

​

​

33,882

​

​

74,577

Total sales

​

83,209

​

​

42,586

​

​

125,795

Cost of goods sold

​

53,246

​

​

25,847

​

​

​

PFAS and other inventory reserves

​

1,445

​

​

-

​

​

​

Selling, general and administrative

​

29,369

​

​

18,740

​

​

​

Restructuring charges

​

370

​

​

161

​

​

​

Contingent consideration benefit

​

-

​

​

(125)

​

​

​

Legal costs and regulatory matter expenses

​

2,885

​

​

-

​

​

​

Segment operating loss

$

(4,106)

​

$

(2,037)

​

$

(6,143)

Corporate costs

​

​

​

​

​

​

​

(8,768)

Interest income, net

​

​

​

​

​

​

​

825

Other, net

​

​

​

​

​

​

​

(495)

Loss before income tax

​

​

​

​

​

​

$

(14,581)

Schedule of total assets by segment

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

June 30, 2025

    

December 31, 2024

​

​

​

​

​

​

​

​

​

​

​

​

Outdoor

​

​

​

​

​

​

$

137,400

​

$

137,062

Adventure

​

​

​

​

​

​

​

122,012

​

​

120,063

Corporate

​

​

​

​

​

​

​

17,768

​

​

36,969

​

​

​

​

​

​

​

$

277,180

​

$

294,094

Schedule of capital expenditures, depreciation and amortization by segment

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

Six Months Ended

​

June 30, 2025

    

June 30, 2024

    

June 30, 2025

    

June 30, 2024

Capital expenditures:

​

​

​

​

​

​

​

​

​

​

​

Outdoor

$

1,644

​

$

787

​

$

2,787

​

$

1,507

Adventure

​

219

​

​

776

​

​

257

​

​

1,067

Total capital expenditures

$

1,863

​

$

1,563

​

$

3,044

​

$

2,574

Depreciation:

​

​

​

​

​

​

​

​

​

​

​

Outdoor

$

534

​

$

661

​

$

1,040

​

$

1,334

Adventure

​

343

​

​

384

​

​

720

​

​

737

Total depreciation

$

877

​

$

1,045

​

$

1,760

​

$

2,071

Amortization:

​

​

​

​

​

​

​

​

​

​

​

Outdoor

$

245

​

$

285

​

$

528

​

$

571

Adventure

​

1,968

​

​

2,166

​

​

3,909

​

​

4,329

Total amortization

$

2,213

​

$

2,451

​

$

4,437

​

$

4,900

​