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Operating Segments (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Summarized Financial Information and Assets by Segment

The following tables present summarized financial information for each segment:

			Quarter Ended March 31, 2025
			Branded Spirits						Distilling Solutions						Ingredient Solutions						Corporate						Total
Sales			$	48,227					$	46,943					$	26,483					$	—					$	121,653
Cost of Goods Sold			26,029						28,263						24,031						—						78,323
Gross Profit			22,198						18,680						2,452						—						43,330
Advertising and promotion expense			7,654						146						320						52						8,172
SG&A expense			8,990						652						1,124						10,439						21,205
Change in fair value of contingent consideration			14,700						—						—						—						14,700
Operating income			$	(9,146)					$	17,882					$	1,008					$	(10,491)					$	(747)
Depreciation and amortization			$	2,140					$	2,055					$	1,271					$	342					$	5,808

			Quarter Ended March 31, 2024
			Branded Spirits						Distilling Solutions						Ingredient Solutions						Corporate						Total
Sales			$	50,146					$	84,852					$	35,565					$	—					$	170,563
Cost of Goods Sold			27,614						50,769						29,385						—						107,768
Gross Profit			22,532						34,083						6,180						—						62,795
Advertising and promotion expense			7,754						319						472						138						8,683
SG&A expense			9,770						579						988						9,642						20,979
Impairment of long-lived assets and other			—						116						—						—						116
Change in fair value of contingent consideration			4,100						—						—						—						4,100
Operating income			$	908					$	33,069					$	4,720					$	(9,780)					$	28,917
Depreciation and amortization			$	1,823					$	1,957					$	1,169					$	340					$	5,289

The following table allocates assets to each segment as of:

						March 31, 2025						December 31, 2024
Identifiable Assets
Branded Spirits						$	851,708					$	862,458
Distilling Solutions						365,340						382,432
Ingredient Solutions						128,239						132,003
Corporate						32,915						28,892
Total						$	1,378,202					$	1,405,785

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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