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SEGMENT REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Reconciliation of Financial Measures of Segments to Consolidated Totals | The following is a reconciliation of financial measures of the Company’s segments to the consolidated totals:
| Period from July 28 to December 31, 2022 (Successor):
(In thousands) | Obagi Skincare |  | Milk Makeup |  | Total
Net revenue | $ | 61,090 |  |  | $ | 31,283 |  |  | $ | 92,373 |
Cost of goods sold | 44,973 |  |  | 15,684 |  |  | 60,657 |
Gross profit | $ | 16,117 |  |  | $ | 15,599 |  |  | $ | 31,716 |
Reconciliation of Segment Gross Profit to Net Income (Loss) Before Income Taxes | The following table reconciles segment gross profit to net income (loss) before income taxes for the period from July 28 to December 31, 2022 (Successor Period):
| Period from July 28 to December 31, 2022
(In thousands) | Successor
Gross profit | $ | 31,716 |
Selling, general and administrative | 88,926 |
Research and development | 1,796 |
Loss on impairment of goodwill | 68,715 |
Interest expense, net | 6,230 |
Change in fair value of derivative warrant liabilities | (6,793) |
Other expenses (income), net | (798) |
Income (loss) before income taxes | $ | (126,360) |
Net loss | $ | (120,557) |

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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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 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: 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 3: 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 4: 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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