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Segment Reporting (Tables) | 9 Months Ended
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Dec. 31, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The table below provides a summary of significant expense categories regularly provided to the CODM reconciled to Adjusted EBITDA, as well as a reconciliation of Adjusted EBITDA to net income (loss), for the three and nine months ended December 31, 2025 and 2024. The CODM does not review segment assets at a different asset level or category than those disclosed within the consolidated balance sheets.
|  | Three Months Ended
($ in thousands) |  | December 31, 2025 |  | December 31, 2024 (As Restated)
Net Sales |  | $ | 40,660 |  |  | $ | 51,961 |
Significant expense categories: |  |  |  |
Cost of sales (4) |  | 31,204 |  | 35,830
Advertising |  | 5,332 |  | 4,209
Other segment expenses (1) |  | 11,681 |  | 9,920
Adjusted EBITDA |  | $ | (7,557) |  |  | $ | 2,002 |
(Add) subtract: |  |  |  |
Share-based compensation expense (reversal) |  | 255 |  | 452
Income taxes |  | 11 |  | 465
Depreciation and amortization |  | 2,399 |  | 1,586
Interest (income) expense, net (2) |  | 221 |  | (28)
Acquisition/Partnership transactions and other items |  | — |  | 25
Employee severance |  | 9 |  | 209
Professional fees (3) |  | 101 |  | —
Net (loss) income |  | $ | (10,553) |  |  | $ | (707) |
|  | Nine Months Ended
($ in thousands) |  | December 31, 2025 |  | December 31, 2024 (As Restated)
Net Sales |  | $ | 136,204 |  |  | $ | 176,212 |
Significant expense categories: |  |  |  |
Cost of sales (4) |  | 99,930 |  | 122,271
Advertising |  | 15,719 |  | 18,333
Other segment expenses (1) |  | 33,125 |  | 33,045
Adjusted EBITDA |  | $ | (12,570) |  |  | $ | 2,563 |
(Add) subtract: |  |  |  |
Share-based compensation (reversal) expense |  | 1,093 |  | (7,179)
Income taxes |  | 29 |  | 22
Depreciation and amortization |  | 6,960 |  | 4,965
Interest (income) expense, net (2) |  | 745 |  | (308)
Acquisition/Partnership transactions and other items |  | — |  | 205
Employee severance |  | 1,328 |  | 663
Sales tax expense (income) |  | — |  | (1,178)
Professional fees (3) |  | 3,242 |  | —
Impairment of goodwill and intangible assets |  | 27,258 |  | —
Net (loss) income |  | $ | (53,225) |  |  | $ | 5,373 |
(1) Consists of all other expenses on an Adjusted EBITDA basis, including salaries and wages, operating expenses such as utilities, insurance, professional fees, etc. (2) For the three months ended December 31, 2025 and 2024: $0.4 million and $0.4 million of interest expense related to the sales tax liability, and $0.2 million and $0.5 million of interest income, respectively. For the nine months ended December 31, 2025 and 2024: $1.5 million and $1.2 million of interest expense related to the sales tax liability, and $0.8 million and $1.5 million of interest income, respectively. (3) Consists of professional fees related to the investigation (see Note 1 for additional information). (4) Cost of sales includes a non-cash inventory write-down of approximately $2.1 million (see Note 2 for additional information).

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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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