Held for Sale

12 Months Ended

Dec. 31, 2024

Discontinued Operations and Disposal Groups [Abstract]

In December 2024, the Company entered into a definitive agreement for the disposition of a business that is included in the Company's Wellness at Home segment, which is expected to close in the second quarter of 2025. In accordance with ASC 360 - Property, Plant, and Equipment, as of December 31, 2024, management determined that the assets and liabilities of the business met the requirements to be classified as held for sale. However, since the disposition of the business does not represent a strategic shift for the Company, it does not meet the requirements to be classified and presented as discontinued operations. Management performed an assessment of the fair value of the business, and such fair value was determined to be greater than the carrying value of the net assets of the business as of December 31, 2024.

The carrying amounts of the major classes of assets and liabilities of the business which are classified as held for sale at December 31, 2024 in the accompanying consolidated balance sheets are as follows (in thousands):


Accounts receivable	$	7,108
Inventory	432
Prepaid and other current assets	676
Equipment and other fixed assets	285
Operating lease right-of-use assets	690
Goodwill	41,211
Identifiable intangible assets	2,335
Other assets	11
Assets held for sale	$	52,748

Accounts payable and accrued expenses	$	6,330
Operating lease liabilities	713
Liabilities held for sale	$	7,043