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v3.25.4

Segments (Tables) | 12 Months Ended
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Dec. 31, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following table sets forth segment information for revenue, segment net loss and significant expenses:
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
| (in thousands, except per share data)
Net sales | $ | 908,209 |  |  | $ | 1,049,850 |  |  | $ | 1,096,086 |
Less (add): |  |  |  |  |
Product, freight, duties, shipping and other inventoriable costs | 398,473 |  |  | 446,435 |  |  | 583,371 |
License and royalty costs | 158,467 |  |  | 168,883 |  |  | 179,714 |
Salaries, benefits, incentive and stock compensation | 145,687 |  |  | 145,593 |  |  | 157,940 |
Warehouse labor and third-party logistics fees | 36,934 |  |  | 52,244 |  |  | 62,416 |
Advertising and marketing | 51,547 |  |  | 51,567 |  |  | 31,256 |
Other selling, general and administrative fees | 103,547 |  |  | 109,554 |  |  | 125,453 |
Depreciation and amortization | 59,097 |  |  | 62,583 |  |  | 59,763 |
Other expense (income) | 18,396 |  |  | 23,497 |  |  | (71,886) |
Income tax expense | 4,356 |  |  | 4,564 |  |  | 132,497 |
Net loss | $ | (68,295) |  |  | $ | (15,070) |  |  | $ | (164,438) |
Schedule of Product Categories as Percent of Sales | The following table presents summarized product information:
| Year ended December 31,
| 2025 |  | 2024 |  | 2023
Core Collectible | $ | 723,327 |  |  | $ | 804,407 |  |  | $ | 803,181 |
Loungefly | 155,031 |  |  | 171,833 |  |  | 214,523 |
Other | 29,851 |  |  | 73,610 |  |  | 78,382 |
Total net sales | $ | 908,209 |  |  | $ | 1,049,850 |  |  | $ | 1,096,086 |
Schedule of Net Sales and Long-Lived Assets | The following tables present summarized geographical information, shipped to (net sales) and used in (long-term assets) (in thousands):
| Year ended December 31,
| 2025 |  | 2024 |  | 2023
Net sales: |  |  |  |  |
United States | $ | 546,328 |  |  | $ | 681,986 |  |  | $ | 755,620 |
Europe | 288,348 |  |  | 283,792 |  |  | 268,496 |
Other International | 73,533 |  |  | 84,072 |  |  | 71,970 |
Total net sales | $ | 908,209 |  |  | $ | 1,049,850 |  |  | $ | 1,096,086 |
| December 31,
| 2025 |  | 2024
Long-lived assets: |  |  |
United States | $ | 79,773 |  |  | $ | 88,705 |
Europe | 13,086 |  |  | 15,055 |
Other International | 32,253 |  |  | 31,236 |
Total long-lived assets | $ | 125,112 |  |  | $ | 134,996 |

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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 + Details
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