| Other Financial Statement Information Accrued expenses consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30,
2025 |
|
December 31,
2024 |
| Inventory purchases |
$ |
4,504 |
|
|
$ |
1,657 |
|
| Compensation and benefits |
1,039 |
|
|
4,149 |
|
| Advertising costs |
440 |
|
|
558 |
|
| Fulfillment costs |
830 |
|
|
540 |
|
| Sales taxes |
847 |
|
|
1,106 |
|
| Other accrued expenses |
3,784 |
|
|
3,536 |
|
| Total accrued expenses |
$ |
11,444 |
|
|
$ |
11,546 |
|
Intangible assets net consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2025 |
|
December 31, 2024 |
|
Weighted- Average remaining useful life (years) |
|
Gross Carrying Amount |
|
Accumulated Amortization |
|
Intangible Assets, Net |
|
Weighted- Average remaining useful life (years) |
|
Gross Carrying Amount |
|
Accumulated Amortization |
|
Intangible Assets, Net |
| Customer relationships |
4.7 |
|
$ |
1,101 |
|
|
$ |
(74) |
|
|
$ |
1,027 |
|
|
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
| Trademarks |
4.4 |
|
1,251 |
|
|
(412) |
|
|
839 |
|
|
2.1 |
|
374 |
|
|
(318) |
|
|
56 |
|
| Grove.com domain name |
N/A |
|
656 |
|
|
|
|
656 |
|
|
N/A |
|
656 |
|
|
— |
|
|
656 |
|
| Intangible Assets, net |
|
|
$ |
3,008 |
|
|
$ |
(486) |
|
|
$ |
2,522 |
|
|
|
|
$ |
1,030 |
|
|
$ |
(318) |
|
|
$ |
712 |
|
The estimated annual amortization of intangible assets for the next five years is shown below (in thousands):
|
|
|
|
|
|
|
Amount |
| Remainder of 2025 |
$ |
220 |
|
| 2026 |
404 |
|
| 2027 |
400 |
|
| 2028 |
393 |
|
| 2029 |
386 |
|
| Thereafter |
63 |
|
| Total |
$ |
1,866 |
|
|