Accrued Liabilities (Tables)

3 Months Ended

Mar. 31, 2025

Accrued Liabilities

Schedule of Accrued Liabilities

Accrued liabilities consist of the following (in thousands):

	March 31, 2025		December 31, 2024
Marketing Funds (a)	$	31,480	$	27,995
Accrued payroll and related employee costs		5,586		15,444
Accrued taxes		1,552		2,153
Accrued professional fees		831		960
Settlements payable (b)		61,217		60,410
Other		5,722		3,897
	$	106,388	$	110,859

(a) Consists primarily of liabilities recognized to reflect the contractual restriction that all funds collected in the Marketing Funds must be spent for designated purposes. See Note 2, Summary of Significant Accounting Policies, for additional information.

(b) Represents the settlement payable as part of the settlements of certain industry class-action lawsuits and other legal settlements. Settlement payables that are transacted in Canadian dollars have been translated into U.S. dollars at the balance sheet date. See Note 11, Commitments and Contingencies, for additional information.

Schedule of restructure by type of cost

The following table presents a roll forward of the severance and related costs liability related to a prior reorganization and a prior strategic shift and restructuring of the Company’s business, which is in “Accrued payroll and related employee costs” in the table above (in thousands):

Balance January 1, 2025	$	1,393
Cash payments and other		(830)
Balance, March 31, 2025	$	563