| Schedule of Disaggregation of Revenue by Sales Channel |
The following table disaggregates revenue by sales channel (dollars in thousands, unaudited):
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Three Months Ended June 30, |
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Six Months Ended June 30, |
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| Wholesale |
$ |
61,316 |
|
|
$ |
53,761 |
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|
$ |
118,107 |
|
|
$ |
114,189 |
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| DTC |
27,640 |
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|
29,970 |
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|
55,361 |
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|
62,584 |
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| Outpost |
5,881 |
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|
5,286 |
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|
11,344 |
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|
10,636 |
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| Total net sales |
$ |
94,837 |
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|
$ |
89,017 |
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|
$ |
184,812 |
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$ |
187,409 |
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| Schedule of Estimated Useful Lives |
Estimated useful lives are as follows:
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Estimated Useful Lives |
| Land |
— |
| Building and Leasehold improvements |
5 - 39 years |
| Computer equipment and software |
3 years |
| Machinery and equipment |
5 - 15 years |
| Vehicles |
5 years |
Property, plant and equipment, net consists of the following (dollars in thousands):
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June 30, |
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December 31, |
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2025 |
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2024 |
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(unaudited) |
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(audited) |
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| Building and leasehold improvements |
$ |
24,110 |
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$ |
27,429 |
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| Machinery and equipment |
20,033 |
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|
19,946 |
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| Computer equipment and software |
19,132 |
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|
17,814 |
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| Furniture and fixtures |
2,937 |
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|
2,949 |
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| Land |
110 |
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|
1,547 |
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| Vehicles |
762 |
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|
762 |
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| Construction in progress |
10,336 |
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|
10,925 |
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| Property, plant, and equipment, gross |
77,420 |
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|
81,372 |
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| Less: accumulated depreciation and amortization |
(28,069) |
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|
(22,168) |
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| Total property, plant and equipment, net |
$ |
49,351 |
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$ |
59,204 |
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