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Business Acquisitions (Tables)
12 Months Ended
Dec. 31, 2019
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The following table summarizes the purchase price allocation and the estimated fair value of the net assets acquired and liabilities assumed at the date of acquisition.
Pollen Gear LLC (in thousands)January 14, 2019
Cash$91  
Accounts receivable546  
Vendor deposits1,700  
Other deposits18  
Property and equipment, net342  
Trade name918  
Design libraries1,677  
Goodwill3,550  
Net liabilities(2,178) 
Total purchase price$6,664  
Schedule Of Recognized Identified Assets Acquired And Liabilities Assumed 1 The following table summarizes (in thousands) the purchase price allocation and the estimated fair value of the net assets acquired and liabilities assumed at the date of acquisition.
Conscious WholesaleEstimated Fair Value
as of Acquisition Date
(as Previously Reported)
Measurement
Period Adjustments
Estimated Fair Value as of Acquisition Date (as Adjusted)
Cash$812  $—  $812  
Accounts receivable313  —  313  
Inventory, net1,820  —  1,820  
Other assets955  184  1,139  
Trade names153  —  153  
Customer relationships1,044  175  1,219  
Goodwill2,264  657  2,921  
Net liabilities(1,494) (184) (1,678) 
Total purchase price$5,867  $832  $6,699  
Business Acquisition, Pro Forma Information
The following unaudited pro forma financial information represents the combined results for us, Pollen Gear, and Conscious Wholesale for the years ended December 31, 2019 and 2018 as if Pollen Gear and Conscious Wholesale had been acquired by us on January 1, 2018, and their results had been included in our consolidated results beginning on that date (in thousands):

Year Ended December 31,
20192018
(Unaudited)
Net Sales$193,351  $190,794  
Cost of Goods Sold159,252  149,971  
Gross Profit34,099  40,823  
Net Loss$(39,621) $(5,381)