Annual report [Section 13 and 15(d), not S-K Item 405]

Note 3 - Acquisition (Tables)

v3.25.0.1
Note 3 - Acquisition (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

(in thousands)

 

 

Prepaid expenses and other current assets

  $ 773  

Inventory

    18  

Right-of-use asset

    291  

Other assets

    8  

Accounts payable and accrued expenses

    (636 )

Lease liability, current portion

    (88 )

Lease liability, non-current portion

    (249 )

Intangibles - Vendor Relationships

    13,627  

Goodwill

    8,401  

Net assets

  $ 22,145  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]

(in thousands)

 

 

Supplementary information:

 

 

Cash paid to sellers

  $ 20,420  

Contingent earn-out

    1,725  

Total purchase consideration

  $ 22,145  

 

 
Business Acquisition, Pro Forma Information [Table Text Block]
   

Year ended

 
   

December 31,

 
   

2024

   

2023

 

Net sales

  $ 480,420     $ 392,184  

Net income

  $ 20,735     $ 17,195