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SUPPLEMENTAL BALANCE SHEET DISCLOSURES (Tables) | 12 Months Ended
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Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Change in Allowance for Doubtful Accounts | The change in the allowance for doubtful accounts were as follows:
| July 28 to December 31, 2022 |  |  | January 1 to July 27, 2022 |  | Year ended December 31, 2021 |  |
|  |  |  |  |  | (As Restated) |  |
(In thousands) | Successor |  |  | Predecessor
Balance at beginning of period | $ | 1,061 |  |  |  | $ | 671 |  |  | $ | 368 |  |  |
Provision for bad debts | (67) |  |  |  | 390 |  |  | 303 |  |  |
Write-off of uncollectible accounts | — |  |  |  | — |  |  | — |  |  |
Balance at end of period | $ | 994 |  |  |  | $ | 1,061 |  |  | $ | 671 |  |  |
Schedule of Inventory | The components of inventories were as follows:
| As of December 31, 2022 |  |  | As of December 31, 2021 |  |
|  |  |  | (As Restated) |  |
(In thousands) | (Successor) |  |  | (Predecessor)
Work in process | $ | 11,138 |  |  |  | $ | 1,569 |  |  |
Finished goods | 43,246 |  |  |  | 20,042 |  |  |
Total inventory | $ | 54,384 |  |  |  | $ | 21,611 |  |  |
Property and Equipment, Net | The estimated useful lives of the Company’s assets are as follows:
| ESTIMATED USEFUL LIVES
Computer hardware and software | 3 years
Furniture and fixtures | 3 - 5 years
Machinery and equipment | 3 - 5 years
Gondolas | 3 years
Leasehold improvements | Lesser of useful life or term of lease
Property and equipment, net consisted of the following:
| As of December 31, 2022 |  |  | As of December 31, 2021 |
|  |  |  | (As Restated) |
(In thousands) | (Successor) |  |  | (Predecessor)
Computer hardware, software and equipment | $ | 944 |  |  |  | $ | 752 |  |
Furniture and fixture | 724 |  |  |  | — |  |
Machinery and equipment | 608 |  |  |  | 70 |  |
Internally developed software | 889 |  |  |  | 1,041 |  |
Gondolas | 6,040 |  |  |  | — |  |
Leasehold improvements | 2,051 |  |  |  | 13 |  |
Total property and equipment | $ | 11,256 |  |  |  | $ | 1,876 |  |
Less accumulated depreciation | (2,928) |  |  |  | (678) |  |
Property and equipment, net | $ | 8,328 |  |  |  | $ | 1,198 |  |
Other Current Liabilities | The major components of other current liabilities consisted of the following (in thousands):
| As of December 31, 2022 |  |  | As of December 31, 2021 |
|  |  |  | (As Restated) |
(In thousands) | (Successor) |  |  | (Predecessor)
Accrued salaries and related expenses | $ | 9,069 |  |  |  | $ | 6,876 |  |
Accrued sales returns and damages | 2,651 |  |  |  | — |  |
Accrued marketing expenses | 95 |  |  |  | 2,963 |  |
Accrued distribution fees | 1,621 |  |  |  | 760 |  |
Related party liability | 9,914 |  |  |  | — |  |
Other | 2,773 |  |  |  | 2,084 |  |
Total | $ | 26,123 |  |  |  | $ | 12,683 |  |

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