Quarterly report [Sections 13 or 15(d)]

Significant Accounting Policies and Estimates (Tables)

v3.25.2
Significant Accounting Policies and Estimates (Tables)
 6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Schedule of Disaggregated Revenue by Sales Type

Disaggregated revenue by sales type ($ in thousands):

 

    2025     2024  
    Three Months Ended  
    June 30,  
    2025     2024  
Contract manufacturing   $ 863     $ 425  
Custom and white label finished goods manufacturing     27       11  
Consumer branded products     1,884       968  
Other     110       36  
Total   $ 2,884     $ 1,440  

 

    2025     2024  
    Six Months Ended  
    June 30,  
    2025     2024  
Contract manufacturing   $ 1,811     $ 1,026  
Custom and white label finished goods manufacturing     27       42  
Consumer branded products     3,666       1,585  
Other     186       53  
Total   $ 5,690     $ 2,706  
Schedule of Contract Liabilities From Contract With Customers

The following table provides information about contract liabilities from contracts with our customers ($ in thousands).

 

    June 30,
2025		     December 31,
2024		  
Deferred revenue   $ 180     $ 179  
Total Deferred revenue   $ 180     $ 179  
Schedule of Contract Liabilities Balance

Significant changes in the contract liabilities balance during the period are as follows:

 

Schedule of Contract Liabilities Balance

    Contract liabilities  
Balance, December 31, 2024   $ 179  
Non-cancelable contracts with customers entered during the period     112  
Revenue recognized related to non-cancelable contracts with customers during the period     (111 )
Balance, June 30, 2025   $ 180