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GOODWILL AND INTANGIBLES (Tables) | 6 Months Ended
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Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | Goodwill consisted of the following:
|  | Goodwill
Balance at December 31, 2024 |  | $ | 71,582 |
Acquisition[1] |  | 728,943 |
Foreign currency translation |  | 1,709 |
Balance at June 30, 2025 |  | $ | 802,234 |
[1] The increase in goodwill pertains to the Acquisition of Alani Nu. Refer to Note 5. Acquisitions for additional information.
Schedule of Finite-Lived Intangible Assets | The carrying amounts and accumulated amortization of intangible assets, net of the impact of foreign exchange rate fluctuations as of June 30, 2025 and December 31, 2024 were as follows:
| Estimated Useful Life in Years |  | June 30, 2025 |  | December 31, 2024
Definite-lived intangible assets |  |  |  |  |
Customer relationships | 5 - 25 |  | $ | 126,644 |  |  | $ | 13,970 |
Brands | 3 |  | 500 |  |  | 500 |
Less: accumulated amortization |  |  | (9,029) |  |  | (2,692) |
Definite-lived intangible assets, net |  |  | $ | 118,115 |  |  | $ | 11,778 |
Indefinite-lived intangibles assets |  |  |  |  |
Brands | indefinite |  | $ | 1,104,482 |  |  | $ | 435 |
Less: impairment[1] |  |  | (482) |  |  | — |
Indefinite-lived intangible assets |  |  | $ | 1,104,000 |  |  | $ | 435 |
Brands-net |  |  | $ | 1,104,389 |  |  | $ | 907 |
Customer relationships-net |  |  | $ | 117,726 |  |  | $ | 11,306 |
[1] During the second quarter of 2025, the Company reassessed the remaining carrying value of the Func Foods brand name intangible asset. The Company recorded a non-cash impairment charge of $0.5 million (including the impact of foreign exchange) to fully write off the remaining carrying amount of the Func Foods brand name. This charge is included within other (expense) income.
Schedule of Indefinite-Lived Intangible Assets | The carrying amounts and accumulated amortization of intangible assets, net of the impact of foreign exchange rate fluctuations as of June 30, 2025 and December 31, 2024 were as follows:
| Estimated Useful Life in Years |  | June 30, 2025 |  | December 31, 2024
Definite-lived intangible assets |  |  |  |  |
Customer relationships | 5 - 25 |  | $ | 126,644 |  |  | $ | 13,970 |
Brands | 3 |  | 500 |  |  | 500 |
Less: accumulated amortization |  |  | (9,029) |  |  | (2,692) |
Definite-lived intangible assets, net |  |  | $ | 118,115 |  |  | $ | 11,778 |
Indefinite-lived intangibles assets |  |  |  |  |
Brands | indefinite |  | $ | 1,104,482 |  |  | $ | 435 |
Less: impairment[1] |  |  | (482) |  |  | — |
Indefinite-lived intangible assets |  |  | $ | 1,104,000 |  |  | $ | 435 |
Brands-net |  |  | $ | 1,104,389 |  |  | $ | 907 |
Customer relationships-net |  |  | $ | 117,726 |  |  | $ | 11,306 |
[1] During the second quarter of 2025, the Company reassessed the remaining carrying value of the Func Foods brand name intangible asset. The Company recorded a non-cash impairment charge of $0.5 million (including the impact of foreign exchange) to fully write off the remaining carrying amount of the Func Foods brand name. This charge is included within other (expense) income.
Schedule of Future Estimated Amortization Expense | The following table reflects the future estimated annualized amortization expense related to definite-lived intangible assets:
2025 |  | $ | 11,551 |
2026 |  | 23,102 |
2027 |  | 23,074 |
2028 |  | 22,935 |
2029 |  | 22,935 |
Thereafter |  | 14,518 |
Total |  | $ | 118,115 |

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