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Supplemental Condensed Consolidated Balance Sheet Information | 9 Months Ended
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Sep. 30, 2025
Supplemental Condensed Consolidated Balance Sheet Information [Abstract] |
Supplemental Condensed Consolidated Balance Sheet Information | Note 3 — Supplemental Condensed Consolidated Balance Sheet Information Accounts Receivable, Net Accounts receivable, net, consisted of the following as of September 30, 2025 and December 31, 2024:
|  | September 30, |  |  | December 31, |
(In thousands) |  | 2025 |  |  | 2024 |
Accounts receivable, gross |  | $ | 2,675 |  |  | $ | 30 |
Less allowance for credit losses |  |  | (94 | ) |  |  | — |
Accounts receivable, net |  | $ | 2,581 |  |  | $ | 30 |
The movement in the Company’s credit losses accounts were as follows:
|  | Nine months ended September 30, |  |  | Year ended December 31, |
(In thousands) |  | 2025 |  |  | 2024 |
Allowance for credit losses - beginning of period |  | $ | — |  |  | $ | — |
(Recovery of) allowance for credit losses |  |  | 94 |  |  |  | — |
Write-offs of uncollectible accounts |  |  | — |  |  |  | — |
Allowance for credit losses - end of period |  | $ | 94 |  |  | $ | — |
Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets consisted of the following as of September 30, 2025 and December 31, 2024:
|  | September 30, |  |  | December 31, |
(In thousands) |  | 2025 |  |  | 2024 |
Prepaid marketing |  | $ | 373 |  |  | $ | - |
Other receivables |  |  | 1 |  |  |  | 170 |
Prepaid insurance |  |  | 93 |  |  |  | 86 |
Prepaid expenses, other |  |  | 607 |  |  |  | 142 |
Total prepaid expenses and other current assets |  | $ | 1,074 |  |  | $ | 398 |
Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consisted of the following as of September 30, 2025 and December 31, 2024:
|  | September 30, |  |  | December 31, |
(In thousands) |  | 2025 |  |  | 2024 |
Accrued consulting fees |  | $ | 4,373 |  |  | $ | 383 |
Accrued interest expense |  |  | 569 |  |  |  | 161 |
Litigation reserve |  |  | 1,019 |  |  |  | 1,628 |
Sales tax payable |  |  | 34 |  |  |  | 4 |
Compensation related fees |  |  | 645 |  |  |  | 1,112 |
Accrued fulfillment and manufacturing related costs |  |  | 272 |  |  |  | — |
Accrued marketing fees |  |  | 177 |  |  |  | — |
Accrued professional fees |  |  | 189 |  |  |  | 802 |
Other current liabilities |  |  | 265 |  |  |  | — |
Total accrued expenses and other current liabilities |  | $ | 7,543 |  |  | $ | 4,090 |
During the nine months ended September 30, 2025, the Company paid $1.5 million into escrow related to Cultivation Sale Agreement. See related legal matters in Note 16. As of September 30, 2025 and December 31, 2024, the Company had related party accrued consulting fees with Green Thumb of approximately $4.1 million and $332 thousand, respectively.

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/210/tableOfContent + Details
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