v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating activities    
Net income (loss) $ 46 $ (7,846)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 2,162 2,576
Equity-based compensation 2,734 2,591
Amortization of debt issuance costs 273 266
Loss on disposal of assets 23 839
Paid-in-kind interest 0 1,234
Other 31 350
Changes in operating assets and liabilities:    
Accounts receivable, net (1,250) 6,586
Inventories, net (1,064) (7,851)
Prepaid expenses and other assets (1,445) (25)
Accounts payable 6,059 (4,401)
Accrued liabilities 1,112 2,511
Deferred revenue and gift card liability (748) (104)
Operating lease liability (607) (721)
Other liabilities (562) (146)
Net cash provided by (used in) operating activities 6,764 (4,141)
Investing activities    
Purchases of property, plant and equipment (630) (1,173)
Net cash used in investing activities (630) (1,173)
Financing activities    
Proceeds from ABL Facility 15,000 98,904
Debt issuance costs paid 0 (147)
Repayment of long-term debt (15,000) (96,162)
Financing lease obligations (1) 17
Repayment of promissory note (400) (400)
Tax withholdings on vested Restricted Stock Units (151) 0
Issuance of stock from the Employee Stock Purchase Plan 59 194
Net cash provided by (used in) financing activities (493) 2,406
Net increase (decrease) in cash, cash equivalents 5,641 (2,908)
Cash and cash equivalents, beginning of period 4,330 6,810
Cash and cash equivalents, end of period 9,971 3,902
Non-cash operating activities    
Recognition of revenue for inventory exchanged for prepaid advertising (40) 0
Non-cash investing and financing activities    
Property and equipment purchased but not yet paid 15 22
Supplemental cash flow information    
Cash paid for income taxes 0 72
Cash paid for interest $ 1,076 $ 756

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