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OPERATING SEGMENT
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
OPERATING SEGMENT OPERATING SEGMENT
Segment information
The Company has determined that it operates in a single operating and reportable segment, which is the production and sale of hemp-based CBD wellness products, which makes up substantially all of the revenue at this time. This is consistent with how the chief operating decision maker (the "CODM") allocates resources and assesses performance. The Company’s CODM is the executive operations committee that includes the chief executive officer, the chief financial officer, the chief operations officer and the chief people officer. The majority of Company’s products have similar characteristics due to the same raw material ingredient (CBD and derivatives), similar nature of cultivation process, the type of customer and the regulatory nature of the industry.
The CODM assesses performance for this segment and decides how to allocate resources based on pre-tax net income/(loss) that is reported on the consolidated statement of operations. The measure of segment assets is reported on the consolidated balance sheets as total assets. For the three months ended September 30, 2025 and 2024, the segment's revenues and pre-tax net loss were $11,503 and $12,587;
and $5,854 and $5,787, respectively. Additionally, for the nine months ended September 30, 2025 and 2024, the segment's revenues and pre-tax net loss were $36,571 and $37,000; and $18,356 and $26,416, respectively. There are no differences between segment revenues, pre-tax net loss and the Company's consolidated revenues and pre-tax net loss.
General Information
Factors used to Identify Reportable Segments: The Company operates as a single reportable segment, focusing primarily on the production and sale of hemp-based CBD wellness products.
Products and Services: The Company's revenue is primarily derived from the production and sale of hemp-based CBD wellness products.
Chief Operating Decision Maker (CODM): The Company's Chief Executive Officer, Chief Financial Officer, Chief Operations Officer, and Chief People Officer.
Measure of Segment Profit or Loss and Total Assets: The CODM evaluates performance and allocates resources based on pre-tax net income/(loss), as presented in the accompanying financial statements. The measure of segment assets is reported on the balance sheet as total consolidated assets.
Significant Segment Expenses
The following significant expenses were reviewed by the CODM for the three months ended September 30, 2025 and 2024: Cost of goods sold $7,026 and $5,914, respectively; Selling, general, and administrative expenses $9,731 and $12,693, respectively; Change in fair value of financial instruments loss of $1,200 and a gain of $1,422, respectively; and Depreciation and Amortization $1,689 and $2,523, respectively.
The CODM reviewed the following for the nine months ended September 30, 2025 and 2024 : Cost of goods sold $19,874 and $20,834, respectively; Selling, general, and administrative expenses $31,371 and $42,700 respectively; Change in fair value of financial instruments a loss of $2,869 and a gain of $702, respectively; and Depreciation and Amortization $4,650 and $7,505, respectively.
Reconciliation to Consolidated Financial Statements
As the Company operates as a single reportable segment, the amounts presented above align directly with the consolidated totals in the financial statements.

Three Months Ended
September 30, 2025		Nine Months Ended
September 30, 2025
2025202420252024
Product Revenue
$11,428$12,513$36,346$36,541
Service Revenue7574225459
Total Revenue$11,503$12,587$36,571$37,000
Cost of goods sold
7,0265,91419,87420,834
Gross profit
$4,477$6,673$16,697$16,166
Gross profit %
38.9 %53.0 %45.7 %43.7 %
Selling, general, and administrative expenses
9,73112,69331,37142,700
Operating loss$(5,254)$(6,020)$(14,674)$(26,534)
Change in fair value of financial instruments(1,200)1,422(2,869)702
Other income (expense), net
600(1,189)(813)(584)
Loss before provision for income taxes
$(5,854)$(5,787)$(18,356)$(26,416)
Other segment information
Depreciation/Amortization4,650 7,505 
Total assets81,599 119,644 
Long-term liabilities63,479 72,918