Quarterly report [Sections 13 or 15(d)]

Significant Accounting Policies and Estimates (Tables)

v3.25.1
Significant Accounting Policies and Estimates (Tables)
 3 Months Ended
Mar. 31, 2025
Accounting Policies [Abstract]  
Schedule of Disaggregated Revenue by Sales Type

Disaggregated revenue by sales type ($ in thousands):

Schedule of Disaggregated Revenue by Sales Type

 

                 
    Three Months Ended  
    March 31,  
    2025     2024  
Contract manufacturing   $ 948     $ 601  
Custom and white label finished goods manufacturing     -       31  
Consumer branded products     1,782       617  
Other     76       17  
Total   $ 2,806     $ 1,266  
Schedule of Contract Liabilities From Contract With Customers

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

Schedule of Contract Liabilities From Contract With Customers

 

                 
    March 31,
2025		     December 31,
2024		  
Deferred revenue   $ 286     $ 179  
Total Deferred revenue   $ 286     $ 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     107  
Revenue recognized related to non-cancelable contracts with customers during the period     -  
Balance, March 31, 2025   $ 286