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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 62,849 $ 52,197
Restricted cash 1,132 1,869
Accounts receivable, net of allowance for credit losses of $4,956 and $5,103 at March 31, 2026 and December 31, 2025, respectively 93,244 138,341
Inventory, net 52,854 59,805
Prepaid expenses and other assets 18,749 16,873
Total current assets 228,828 269,085
Property and equipment    
Office furniture and equipment 10,669 10,189
Molds and tooling 138,625 134,771
Leasehold improvements 7,282 7,264
Total 156,576 152,224
Less accumulated depreciation and amortization 135,162 133,216
Property and equipment, net 21,414 19,008
Operating lease right-of-use assets, net 43,869 46,776
Other long-term assets 1,787 2,682
Deferred income tax assets, net 69,578 69,569
Goodwill 34,970 35,077
Total assets 400,446 442,197
Current liabilities    
Accounts payable 39,964 55,558
Accrued expenses 35,709 43,076
Reserve for sales returns and allowances 26,737 33,569
Income taxes payable 509 2,119
Short-term operating lease liabilities 14,115 13,784
Total current liabilities 117,034 148,106
Long-term operating lease liabilities 35,913 39,578
Accrued expenses – long term 4,555 4,463
Income taxes payable 960 945
Total liabilities 158,462 193,092
Stockholders’ Equity    
Common stock, $0.001 par value; 100,000,000 shares authorized; 11,444,411 and 11,342,981 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 11 11
Additional paid-in capital 304,229 302,408
Accumulated deficit (48,162) (41,021)
Accumulated other comprehensive loss (14,094) (12,293)
Total stockholders’ equity 241,984 249,105
Total liabilities and stockholders’ equity $ 400,446 $ 442,197