SCHEDULE OF SEGMENT REPORTING INFORMATION, BY SEGMENT (Details) - USD ($) $ in Thousands |
12 Months Ended | |
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Dec. 31, 2023 |
Dec. 31, 2022 |
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Segment Reporting Information [Line Items] | ||
Net sales | $ 65,373 | $ 137,085 |
Cost of sales | 47,547 | 112,102 |
Gross profit | 17,826 | 24,983 |
Accounts receivable, net | 1,693 | 6,468 |
Inventories, net | 20,529 | 40,643 |
Vendor deposits | 3,765 | 6,296 |
Consumer Goods [Member] | ||
Segment Reporting Information [Line Items] | ||
Net sales | 28,737 | 48,134 |
Cost of sales | 18,754 | 38,531 |
Gross profit | 9,983 | 9,603 |
Accounts receivable, net | 642 | 967 |
Inventories, net | 8,881 | 19,259 |
Vendor deposits | 1,958 | 3,269 |
Industrial Goods [Member] | ||
Segment Reporting Information [Line Items] | ||
Net sales | 36,636 | 88,951 |
Cost of sales | 28,793 | 73,571 |
Gross profit | 7,843 | 15,380 |
Accounts receivable, net | 1,051 | 5,501 |
Inventories, net | 11,648 | 21,384 |
Vendor deposits | $ 1,807 | $ 3,027 |
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- Definition Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business, classified as current. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The carrying amount of the asset transferred to a third party to serve as a deposit, which typically serves as security against failure by the transferor to perform under terms of an agreement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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