Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Mar. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Operating activities              
Net loss $ (1,238) $ (7,846) $ (1,397) $ 1,855 $ (23,595) $ (916)  
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:              
Depreciation and amortization         9,591 7,458  
Equity-based compensation         7,685 7,862  
Settlement of litigation by issuance of stock         2,367 0  
Amortization of debt issuance costs         809 908  
Loss on disposal of assets         1,396 1,236  
Paid-in-kind interest         1,224 2,014  
Other         83 30  
Changes in operating assets and liabilities:              
Accounts receivable, net         3,072 (3,960)  
Inventories, net         (11,772) (8,965)  
Prepaid expenses and other assets         7,895 (2,289)  
Accounts payable         (3,264) (1,010)  
Accrued liabilities         8,376 1,081  
Deferred revenue and gift card liability         751 (6,161)  
Operating lease liability         (3,708) 462  
Other liabilities         (2,005) 11,395  
Net cash provided by (used in) operating activities         (1,095) 9,145  
Investing activities              
Purchases of property, plant and equipment         (2,964) (7,007)  
Proceeds from sale of property and equipment         102 911  
Net cash used in investing activities         (2,862) (6,096)  
Financing activities              
Proceeds from issuance of long-term debt, net of discount         231,206 206,182  
Debt issuance costs paid         (225) (164)  
Repayment of long-term debt         (262,032) (214,751)  
Financing lease obligations         7 (62)  
Repayment of promissory note         (1,047) (1,047)  
Issuance of stock from the Employee Stock Purchase Plan         297 518  
Proceeds received for issuance of common stock         1,000 0  
Proceeds received for public offering, net of issuance costs         37,423 0  
Proceeds from exercise of stock options         0 13  
Net cash provided by (used in) financing activities         6,629 (9,311)  
Net increase (decrease) in cash, cash equivalents and restricted cash         2,672 (6,262)  
Cash and cash equivalents, beginning of period   6,810   12,448 6,810 12,448 $ 12,448
Restricted cash, beginning of period   $ 0   $ 1,465 0 1,465 1,465
Cash and cash equivalents, end of period 9,482   7,336   9,482 7,336 6,810
Restricted cash, end of period $ 0   $ 315   0 315 $ 0
Non-cash operating activities              
Derecognition of right-of-use operating lease assets         (1,927) (5,363)  
Recognition of revenue for inventory exchanged for prepaid advertising         1,398 15,220  
Non-cash investing and financing activities              
Property and equipment purchased but not yet paid         54 530  
Supplemental cash flow information              
Cash paid for income taxes         378 385  
Cash paid for interest         $ 3,991 $ 5,372