Quarterly report [Sections 13 or 15(d)]

Organization and Business (Tables)

v3.25.2
Organization and Business (Tables)
6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Revenue Product Sales by Channel

The following represents product sales by retail (B2B) and e-commerce (B2C) channels for the three and six months ended June 30, 2025 and 2024:

 

 

Three months ended June 30, 2025

 

 

Three months ended June 30, 2024

 

 

Amount

 

 

% of product
sales, net

 

 

Amount

 

 

% of product
sales, net

 

 

(in thousands)

 

 

 

 

 

(in thousands)

 

 

 

 

Retail sales (B2B)

 

$

2,114

 

 

 

58.4

%

 

$

2,216

 

 

 

56.0

%

E-Commerce sales (B2C)

 

 

1,506

 

 

 

41.6

%

 

 

1,738

 

 

 

44.0

%

Product sales, net

 

$

3,620

 

 

 

100.0

%

 

$

3,954

 

 

 

100.0

%

 

 

Six months ended June 30, 2025

 

 

Six months ended June 30, 2024

 

 

Amount

 

 

% of product
sales, net

 

 

Amount

 

 

% of product
sales, net

 

 

(in thousands)

 

 

 

 

 

(in thousands)

 

 

 

 

Retail sales (B2B)

 

$

4,105

 

 

 

56.8

%

 

$

4,451

 

 

 

55.9

%

E-Commerce sales (B2C)

 

 

3,121

 

 

 

43.2

%

 

 

3,505

 

 

 

44.1

%

Product sales, net

 

$

7,226

 

 

 

100.0

%

 

$

7,956

 

 

 

100.0

%