| Schedule of financial information for segments |
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, 2025 |
|
Outdoor |
|
Adventure |
|
Total |
Sales |
|
|
|
|
|
|
|
|
Domestic sales |
$ |
24,140 |
|
$ |
4,121 |
|
$ |
28,261 |
International sales |
|
24,548 |
|
|
16,538 |
|
|
41,086 |
Total sales |
|
48,688 |
|
|
20,659 |
|
|
69,347 |
Cost of goods sold |
|
31,174 |
|
|
13,807 |
|
|
|
Selling, general and administrative |
|
13,556 |
|
|
8,774 |
|
|
|
Restructuring charges |
|
1 |
|
|
154 |
|
|
|
Transaction costs |
|
414 |
|
|
- |
|
|
|
Contingent consideration benefit |
|
- |
|
|
(355) |
|
|
|
Legal costs and regulatory matter expenses |
|
322 |
|
|
- |
|
|
|
Segment operating income (loss) |
$ |
3,221 |
|
$ |
(1,721) |
|
$ |
1,500 |
Corporate costs |
|
|
|
|
|
|
|
(4,526) |
Interest income, net |
|
|
|
|
|
|
|
108 |
Other, net |
|
|
|
|
|
|
|
(943) |
Loss before income tax |
|
|
|
|
|
|
$ |
(3,861) |
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, 2024 |
|
Outdoor |
|
Adventure |
|
Total |
Sales |
|
|
|
|
|
|
|
|
Domestic sales |
$ |
21,704 |
|
$ |
2,661 |
|
$ |
24,365 |
International sales |
|
27,583 |
|
|
15,167 |
|
|
42,750 |
Total sales |
|
49,287 |
|
|
17,828 |
|
|
67,115 |
Cost of goods sold |
|
31,060 |
|
|
10,680 |
|
|
|
PFAS and other inventory reserves |
|
1,878 |
|
|
- |
|
|
|
Selling, general and administrative |
|
14,756 |
|
|
9,366 |
|
|
|
Restructuring charges |
|
189 |
|
|
289 |
|
|
|
Legal costs and regulatory matter expenses |
|
194 |
|
|
- |
|
|
|
Segment operating income (loss) |
$ |
1,210 |
|
$ |
(2,507) |
|
$ |
(1,297) |
Corporate costs |
|
|
|
|
|
|
|
(4,061) |
Interest income, net |
|
|
|
|
|
|
|
373 |
Other, net |
|
|
|
|
|
|
|
1,164 |
Loss before income tax |
|
|
|
|
|
|
$ |
(3,821) |
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2025 |
|
Outdoor |
|
Adventure |
|
Total |
Sales |
|
|
|
|
|
|
|
|
Domestic sales |
$ |
63,455 |
|
$ |
14,339 |
|
$ |
77,794 |
International sales |
|
66,217 |
|
|
41,016 |
|
|
107,233 |
Total sales |
|
129,672 |
|
|
55,355 |
|
|
185,027 |
Cost of goods sold |
|
83,957 |
|
|
35,620 |
|
|
|
Inventory fair value of purchase accounting |
|
- |
|
|
120 |
|
|
|
Other inventory reserves |
|
490 |
|
|
- |
|
|
|
Selling, general and administrative |
|
41,807 |
|
|
26,551 |
|
|
|
Restructuring charges |
|
132 |
|
|
357 |
|
|
|
Transaction costs |
|
570 |
|
|
40 |
|
|
|
Contingent consideration benefit |
|
- |
|
|
(355) |
|
|
|
Legal costs and regulatory matter expenses |
|
2,050 |
|
|
- |
|
|
|
Impairment of indefinite-lived intangible assets |
|
1,565 |
|
|
- |
|
|
|
Segment operating loss |
$ |
(899) |
|
$ |
(6,978) |
|
$ |
(7,877) |
Corporate costs |
|
|
|
|
|
|
|
(12,812) |
Interest income, net |
|
|
|
|
|
|
|
518 |
Other, net |
|
|
|
|
|
|
|
999 |
Loss before income tax |
|
|
|
|
|
|
$ |
(19,172) |
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2024 |
|
Outdoor |
|
Adventure |
|
Total |
Sales |
|
|
|
|
|
|
|
|
Domestic sales |
$ |
64,218 |
|
$ |
11,365 |
|
$ |
75,583 |
International sales |
|
68,278 |
|
|
49,049 |
|
|
117,327 |
Total sales |
|
132,496 |
|
|
60,414 |
|
|
192,910 |
Cost of goods sold |
|
84,306 |
|
|
36,527 |
|
|
|
PFAS and other inventory reserves |
|
3,323 |
|
|
- |
|
|
|
Selling, general and administrative |
|
44,125 |
|
|
28,106 |
|
|
|
Restructuring charges |
|
559 |
|
|
450 |
|
|
|
Contingent consideration benefit |
|
- |
|
|
(125) |
|
|
|
Legal costs and regulatory matter expenses |
|
3,079 |
|
|
- |
|
|
|
Segment operating loss |
$ |
(2,896) |
|
$ |
(4,544) |
|
$ |
(7,440) |
Corporate costs |
|
|
|
|
|
|
|
(12,829) |
Interest income, net |
|
|
|
|
|
|
|
1,198 |
Other, net |
|
|
|
|
|
|
|
669 |
Loss before income tax |
|
|
|
|
|
|
$ |
(18,402) |
|
| Schedule of capital expenditures, depreciation and amortization by segment |
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
Nine Months Ended |
|
September 30, 2025 |
|
September 30, 2024 |
|
September 30, 2025 |
|
September 30, 2024 |
Capital expenditures: |
|
|
|
|
|
|
|
|
|
|
|
Outdoor |
$ |
1,081 |
|
$ |
563 |
|
$ |
3,868 |
|
$ |
2,070 |
Adventure |
|
134 |
|
|
487 |
|
|
391 |
|
|
1,554 |
Total capital expenditures |
$ |
1,215 |
|
$ |
1,050 |
|
$ |
4,259 |
|
$ |
3,624 |
Depreciation: |
|
|
|
|
|
|
|
|
|
|
|
Outdoor |
$ |
550 |
|
$ |
640 |
|
$ |
1,590 |
|
$ |
1,974 |
Adventure |
|
344 |
|
|
340 |
|
|
1,064 |
|
|
1,077 |
Total depreciation |
$ |
894 |
|
$ |
980 |
|
$ |
2,654 |
|
$ |
3,051 |
Amortization: |
|
|
|
|
|
|
|
|
|
|
|
Outdoor |
$ |
222 |
|
$ |
286 |
|
$ |
750 |
|
$ |
857 |
Adventure |
|
1,927 |
|
|
2,130 |
|
|
5,836 |
|
|
6,459 |
Total amortization |
$ |
2,149 |
|
$ |
2,416 |
|
$ |
6,586 |
|
$ |
7,316 |
|