Quarterly report [Sections 13 or 15(d)]

Organization and Business (Tables)

v3.25.3
Organization and Business (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2025 and 2024:

 

 

Three months ended September 30, 2025

 

 

Three months ended September 30, 2024

 

 

Amount

 

 

% of product
sales, net

 

 

Amount

 

 

% of product
sales, net

 

 

(in thousands)

 

 

 

 

 

(in thousands)

 

 

 

 

Retail sales (B2B)

 

$

1,784

 

 

 

54.8

%

 

$

2,209

 

 

 

57.2

%

E-Commerce sales (B2C)

 

 

1,472

 

 

 

45.2

%

 

 

1,656

 

 

 

42.8

%

Product sales, net

 

$

3,256

 

 

 

100.0

%

 

$

3,865

 

 

 

100.0

%

 

 

Nine months ended September 30, 2025

 

 

Nine months ended September 30, 2024

 

 

Amount

 

 

% of product
sales, net

 

 

Amount

 

 

% of product
sales, net

 

 

(in thousands)

 

 

 

 

 

(in thousands)

 

 

 

 

Retail sales (B2B)

 

$

5,889

 

 

 

56.2

%

 

$

6,660

 

 

 

56.3

%

E-Commerce sales (B2C)

 

 

4,593

 

 

 

43.8

%

 

 

5,161

 

 

 

43.7

%

Product sales, net

 

$

10,482

 

 

 

100.0

%

 

$

11,821

 

 

 

100.0

%