Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.23.4
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment The following table sets forth information by reportable segment for the three and six months ended June 30, 2023 and 2022, respectively. There were no material intersegment sales during the three and six months ended June 30, 2023 and 2022, respectively.
For the three months ended
June 30, 2023		 For the three months ended
June 30, 2022
(in thousands) Consumer Goods Industrial Goods Total Consumer Goods Industrial Goods Total
Net sales $ 6,025  $ 13,600  $ 19,625  $ 15,912  $ 24,004  $ 39,916 
Cost of sales 4,222  10,829  15,051  12,848  18,969  31,817 
Gross profit $ 1,803  $ 2,771  $ 4,574  $ 3,064  $ 5,035  $ 8,099 
For the six months ended
June 30, 2023		 For the six months ended
June 30, 2022
(in thousands) Consumer Goods Industrial Goods Total Consumer Goods Industrial Goods Total
Net sales $ 13,835  $ 29,749  $ 43,584  $ 33,053  $ 53,397  $ 86,450 
Cost of sales 9,745  23,746  33,491  27,167  45,216  72,383 
Gross profit $ 4,090  $ 6,003  $ 10,093  $ 5,886  $ 8,181  $ 14,067 
The following table sets forth specific asset categories which are reviewed by our CODM in the evaluation of operating segments:
As of June 30, 2023 As of December 31, 2022
(in thousands) Consumer Goods Industrial Goods Total Consumer Goods Industrial Goods Total
Accounts receivable, net $ 163  $ 2,926  $ 3,089  $ 967  $ 5,501  $ 6,468 
Inventories, net $ 18,588  $ 11,252  $ 29,840  $ 19,259  $ 21,384  $ 40,643 
Vendor deposits $ 3,154  $ 1,859  $ 5,013  $ 3,269  $ 3,027  $ 6,296