XML 37 R26.htm IDEA: XBRL DOCUMENT v3.22.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
Summary of Concentration of Risk Major customers who accounted for more than 10% of the Company’s total receivables were as follows:

 

 

 

March 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

iHerb, Inc.

 

 

37.3

%

 

 

41.3

%

Emerson Ecologics, LLC

 

 

37.3

%

 

 

33.3

%

Pattern Inc.

 

 

13.1

%

 

*

 

 

* Represents less than 10%

Sales - Major customers who accounted for more than 10% of the Company’s total sales were as follows:

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Pattern Inc.

 

 

32.6

%

 

 

31.4

%

Emerson Ecologics, LLC

 

 

10.7

%

 

 

12.1

%

iHerb, Inc.

 

 

10.4

%

 

 

13.2

%

 

* Represents less than 10%

Summary of Revenue Disaggregated by Geography

The following table presents revenue disaggregated by geography, as determined by the country products were shipped to:

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

 

 

Amount

 

 

Percentage
of Total

 

 

Amount

 

 

Percentage
of Total

 

Domestic

 

$

52,516,349

 

 

 

96.1

%

 

$

41,879,286

 

 

 

94.1

%

Foreign

 

 

2,151,849

 

 

 

3.9

%

 

 

2,604,454

 

 

 

5.9

%

Total sales

 

$

54,668,198

 

 

 

100.0

%

 

$

44,483,740

 

 

 

100.0

%

Summary of Revenues Based Upon Sales Channel

The following table presents disaggregated revenues based on sales channel:

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

 

 

Amount

 

 

Percentage
of Total

 

 

Amount

 

 

Percentage
of Total

 

DTC subscription sales

 

$

8,347,896

 

 

 

15.3

%

 

$

5,480,524

 

 

 

12.3

%

DTC transaction sales

 

 

17,462,301

 

 

 

31.9

%

 

 

13,923,476

 

 

 

31.3

%

Professional/B2B

 

 

28,858,001

 

 

 

52.8

%

 

 

25,079,740

 

 

 

56.4

%

Total

 

$

54,668,198

 

 

 

100.0

%

 

$

44,483,740

 

 

 

100.0

%