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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2024
Accounting Policies [Abstract]  
Schedule of Net Sales Disaggregated by Customer Type For the three and nine months ended September 30, 2024 and 2023, net sales disaggregated by customer type consist of the amounts shown below.
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
(in thousands)
National and regional chains$23,312 $23,407 $68,834 $68,602 
Distributors63,07161,037177,995178,274
Online18,95014,27153,37543,419
Retail7,4386,81320,78019,774
$112,771 $105,528 $320,984 $310,069 
Schedule of Fair Value Measurements by Level for the Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table summarizes the Company’s fair value measurements by level at September 30, 2024 for the assets measured at fair value on a recurring basis:
Level 1 Level 2 Level 3
(in thousands)
Cash equivalents$9,463 $21,920 $— 
Short-term investments— 21,531 — 
Publicly-traded equity securities35 — — 
Fair value, September 30, 2024
$9,498 $43,451 $ 
The following table summarize the Company’s fair value measurements by level at December 31, 2023 for the assets measured at fair value on a recurring basis:
Level 1 Level 2 Level 3
(in thousands)
Cash equivalents $5,956 $10,000 $— 
Short-term investments— 26,343 — 
Fair value, December 31, 2023
$5,956 $36,343 $ 
Schedule of Carrying Values and Estimated Fair Values of Debt The following is a summary of the carrying amount and estimated fair value of the $23,000,000 and $28,700,000 term loans that mature in September 2026 and July 2027, respectively (the "2026 Term Loan" and "2027 Term Loan," respectively):
September 30, 2024
Carrying AmountEstimated Fair Value
(in thousands)
2026 Term Loan$21,037 $20,074 
2027 Term Loan27,693 27,712 
$48,730 $47,786 
December 31, 2023
Carrying AmountEstimated Fair Value
(in thousands)
2026 Term Loan$21,490 $19,999 
2027 Term Loan28,028 27,810 
$49,518 $47,809