| Schedule of financial information for segments |
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, 2026 |
|
Outdoor |
|
Adventure |
|
Total |
Sales |
|
|
|
|
|
|
|
|
Domestic sales |
$ |
19,522 |
|
$ |
5,000 |
|
$ |
24,522 |
International sales |
|
20,254 |
|
|
11,380 |
|
|
31,634 |
Total sales |
|
39,776 |
|
|
16,380 |
|
|
56,156 |
Cost of goods sold |
|
19,098 |
|
|
9,586 |
|
|
|
Selling, general and administrative |
|
13,805 |
|
|
8,333 |
|
|
|
Restructuring charges |
|
92 |
|
|
48 |
|
|
|
Contingent consideration benefit |
|
- |
|
|
(254) |
|
|
|
Legal and regulatory matter benefit |
|
(1,396) |
|
|
- |
|
|
|
Segment operating income (loss) |
$ |
8,177 |
|
$ |
(1,333) |
|
$ |
6,844 |
Corporate costs |
|
|
|
|
|
|
|
(2,284) |
Interest income, net |
|
|
|
|
|
|
|
84 |
Other, net |
|
|
|
|
|
|
|
92 |
Income before income tax |
|
|
|
|
|
|
$ |
4,736 |
|
|
|
|
|
|
|
|
|
|
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 and regulatory matter costs |
|
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) |
|
|
|
|
|
|
|
|
|
|
Six Months Ended June 30, 2026 |
|
Outdoor |
|
Adventure |
|
Total |
Sales |
|
|
|
|
|
|
|
|
Domestic sales |
$ |
41,095 |
|
$ |
8,307 |
|
$ |
49,402 |
International sales |
|
43,553 |
|
|
25,139 |
|
|
68,692 |
Total sales |
|
84,648 |
|
|
33,446 |
|
|
118,094 |
Cost of goods sold |
|
47,824 |
|
|
20,035 |
|
|
|
Selling, general and administrative |
|
28,574 |
|
|
16,727 |
|
|
|
Restructuring charges |
|
885 |
|
|
108 |
|
|
|
Contingent consideration benefit |
|
- |
|
|
(254) |
|
|
|
Legal and regulatory matter benefit |
|
(594) |
|
|
- |
|
|
|
Segment operating income (loss) |
$ |
7,959 |
|
$ |
(3,170) |
|
$ |
4,789 |
Corporate costs |
|
|
|
|
|
|
|
(6,297) |
Interest income, net |
|
|
|
|
|
|
|
172 |
Other, net |
|
|
|
|
|
|
|
3,000 |
Income before income tax |
|
|
|
|
|
|
$ |
1,664 |
|
|
|
|
|
|
|
|
|
|
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 and regulatory matter costs |
|
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) |
|
| Schedule of capital expenditures, depreciation and amortization by segment |
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
Six Months Ended |
|
June 30, 2026 |
|
June 30, 2025 |
|
June 30, 2026 |
|
June 30, 2025 |
Capital expenditures: |
|
|
|
|
|
|
|
|
|
|
|
Outdoor |
$ |
1,042 |
|
$ |
1,644 |
|
$ |
2,532 |
|
$ |
2,787 |
Adventure |
|
62 |
|
|
219 |
|
|
130 |
|
|
257 |
Total capital expenditures |
$ |
1,104 |
|
$ |
1,863 |
|
$ |
2,662 |
|
$ |
3,044 |
Depreciation: |
|
|
|
|
|
|
|
|
|
|
|
Outdoor |
$ |
616 |
|
$ |
534 |
|
$ |
1,251 |
|
$ |
1,040 |
Adventure |
|
322 |
|
|
343 |
|
|
611 |
|
|
720 |
Corporate |
|
62 |
|
|
- |
|
|
125 |
|
|
- |
Total depreciation |
$ |
1,000 |
|
$ |
877 |
|
$ |
1,987 |
|
$ |
1,760 |
Amortization: |
|
|
|
|
|
|
|
|
|
|
|
Outdoor |
$ |
162 |
|
$ |
245 |
|
$ |
384 |
|
$ |
528 |
Adventure |
|
1,744 |
|
|
1,968 |
|
|
3,459 |
|
|
3,909 |
Total amortization |
$ |
1,906 |
|
$ |
2,213 |
|
$ |
3,843 |
|
$ |
4,437 |
|