XML 36 R10.htm IDEA: XBRL DOCUMENT
v3.24.3

INVENTORIES, NET | 9 Months Ended
--- | ---
Sep. 30, 2024
Inventory Disclosure [Abstract] |
INVENTORIES, NET | INVENTORIES, NET Inventories, net consist of the following (in thousands):
| September 30, |  | December 31,
| 2024 |  | 2023
Loose diamonds | $ | 7,032 |  |  | $ | 8,168 |
Fine jewelry and other | 31,696 |  |  | 29,975 |
Allowance for inventory obsolescence | (198) |  |  | (355) |
Total inventories, net | $ | 38,530 |  |  | $ | 37,788 |
The allowance for inventory obsolescence consists of the following (in thousands):
| Nine Months Ended September 30,
| 2024 |  | 2023
Balance at beginning of period | $ | (355) |  |  | $ | (307) |
Change in allowance for inventory obsolescence | 157 |  |  | (49) |
Balance at end of period | $ | (198) |  |  | $ | (356) |
As of September 30, 2024 and December 31, 2023, the Company had $16.3 million and $24.8 million, respectively, in consigned inventory held on behalf of suppliers which is not recorded in the unaudited condensed consolidated balance sheets.

X
- References No definition available. + Details
Name: | us-gaap_InventoryDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/330/tableOfContent + Details
Name: | us-gaap_InventoryDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration