| Schedule of financial information for segments |
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2025 |
|
Outdoor |
|
Adventure |
|
Total |
Sales |
|
|
|
|
|
|
|
|
Domestic sales |
$ |
88,743 |
|
$ |
17,380 |
|
$ |
106,123 |
International sales |
|
88,120 |
|
|
56,197 |
|
|
144,317 |
Total sales |
|
176,863 |
|
|
73,577 |
|
|
250,440 |
Cost of goods sold |
|
115,468 |
|
|
47,546 |
|
|
|
Inventory fair value of purchase accounting |
|
- |
|
|
120 |
|
|
|
Other inventory reserves |
|
949 |
|
|
3,381 |
|
|
|
Selling, general and administrative |
|
56,295 |
|
|
35,067 |
|
|
|
Restructuring charges |
|
599 |
|
|
368 |
|
|
|
Transaction costs |
|
614 |
|
|
40 |
|
|
|
Contingent consideration benefit |
|
- |
|
|
(355) |
|
|
|
Legal costs and regulatory matter expenses |
|
2,825 |
|
|
- |
|
|
|
Impairment of goodwill |
|
- |
|
|
3,804 |
|
|
|
Impairment of indefinite-lived intangible assets |
|
1,565 |
|
|
26,069 |
|
|
|
Segment operating loss |
$ |
(1,452) |
|
$ |
(42,463) |
|
$ |
(43,915) |
Corporate costs |
|
|
|
|
|
|
|
(15,766) |
Interest income, net |
|
|
|
|
|
|
|
619 |
Other, net |
|
|
|
|
|
|
|
1,973 |
Loss before income tax |
|
|
|
|
|
|
$ |
(57,089) |
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2024 |
|
Outdoor |
|
Adventure |
|
Total |
Sales |
|
|
|
|
|
|
|
|
Domestic sales |
$ |
91,202 |
|
$ |
14,543 |
|
$ |
105,745 |
International sales |
|
92,366 |
|
|
66,204 |
|
|
158,570 |
Total sales |
|
183,568 |
|
|
80,747 |
|
|
264,315 |
Cost of goods sold |
|
116,522 |
|
|
48,611 |
|
|
|
Inventory fair value of purchase accounting |
|
- |
|
|
61 |
|
|
|
Other inventory reserves |
|
4,192 |
|
|
2,310 |
|
|
|
Selling, general and administrative |
|
59,351 |
|
|
37,212 |
|
|
|
Restructuring charges |
|
1,349 |
|
|
599 |
|
|
|
Transaction costs |
|
65 |
|
|
396 |
|
|
|
Contingent consideration benefit |
|
- |
|
|
(125) |
|
|
|
Legal costs and regulatory matter expenses |
|
3,088 |
|
|
- |
|
|
|
Impairment of goodwill |
|
- |
|
|
36,264 |
|
|
|
Impairment of indefinite-lived intangible assets |
|
- |
|
|
8,545 |
|
|
|
Segment operating loss |
$ |
(999) |
|
$ |
(53,126) |
|
$ |
(54,125) |
Corporate costs |
|
|
|
|
|
|
|
(16,254) |
Interest income, net |
|
|
|
|
|
|
|
1,467 |
Other, net |
|
|
|
|
|
|
|
(1,673) |
Loss before income tax |
|
|
|
|
|
|
$ |
(70,585) |
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2023 |
|
Outdoor |
|
Adventure |
|
Total |
Sales |
|
|
|
|
|
|
|
|
Domestic sales |
$ |
99,031 |
|
$ |
13,354 |
|
$ |
112,385 |
International sales |
|
105,022 |
|
|
68,613 |
|
|
173,635 |
Total sales |
|
204,053 |
|
|
81,967 |
|
|
286,020 |
Cost of goods sold |
|
135,165 |
|
|
48,910 |
|
|
|
Inventory fair value of purchase accounting |
|
- |
|
|
64 |
|
|
|
Other inventory reserves |
|
4,370 |
|
|
- |
|
|
|
Selling, general and administrative |
|
66,443 |
|
|
33,311 |
|
|
|
Restructuring charges |
|
2,754 |
|
|
306 |
|
|
|
Transaction costs |
|
- |
|
|
30 |
|
|
|
Contingent consideration expense |
|
- |
|
|
(1,565) |
|
|
|
Legal costs and regulatory matter expenses |
|
476 |
|
|
- |
|
|
|
Segment operating (loss) income |
$ |
(5,155) |
|
$ |
911 |
|
$ |
(4,244) |
Corporate costs |
|
|
|
|
|
|
|
(16,863) |
Interest income, net |
|
|
|
|
|
|
|
67 |
Other, net |
|
|
|
|
|
|
|
961 |
Loss before income tax |
|
|
|
|
|
|
$ |
(20,079) |
|
| Schedule of capital expenditures, depreciation and amortization by segment |
|
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|
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|
Year Ended December 31, |
|
2025 |
|
2024 |
|
2023 |
Capital expenditures: |
|
|
|
|
|
|
|
|
Outdoor |
$ |
4,682 |
|
$ |
4,059 |
|
$ |
1,542 |
Adventure |
|
480 |
|
|
1,779 |
|
|
2,080 |
Total capital expenditures |
$ |
5,162 |
|
$ |
5,838 |
|
$ |
3,622 |
Depreciation: |
|
|
|
|
|
|
|
|
Outdoor |
$ |
2,177 |
|
$ |
2,588 |
|
$ |
2,848 |
Adventure |
|
1,464 |
|
|
1,446 |
|
|
1,302 |
Total depreciation |
$ |
3,641 |
|
$ |
4,034 |
|
$ |
4,150 |
Amortization: |
|
|
|
|
|
|
|
|
Outdoor |
$ |
973 |
|
$ |
1,142 |
|
$ |
1,057 |
Adventure |
|
7,767 |
|
|
8,642 |
|
|
9,658 |
Total amortization |
$ |
8,740 |
|
$ |
9,784 |
|
$ |
10,715 |
|