Post-effective amendment to a registration statement that is not immediately effective upon filing

Significant Accounting Policies (Tables)

v3.22.1
Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Summary of Customers and Vendor Concentrations

For the year ended December 31, 2021 and 2020, customers and vendor concentrations in excess of 10% of consolidated sales and purchases are as follows:

 

        For the Year  
        Ended December, 31  
    2021     2020  
Customers:                
    Customer A     12 %     27 %
    Customer B     11 %     13 %
    Customer C     10 %     -  
Vendor:                    
    Vendor A     -       19 %

 

As of December 31, 2021 the following customers represented more than 10% of accounts receivable balances. No vendors represented more than 10% of the accounts payable balance:

 

        Accounts     Accounts  
        Receivable     Payable  
Customers:                    
    Customer A     19 %     -  
    Customer B     15 %     -  
Vendors:                 -  
    Vendor A     -       10 %
Summary of Net Sales Disaggregated by Channel

The following table shows the net sales of the Company disaggregated by channel for the year ended December 31, 2021 and 2020 (in thousands):

 

    For the Year  
    ended December 31,  
(In thousands)   2021     2020  
e-Commerce   $ 10,874     $ 6,284  
Wholesale     13,654       6,151  
Private label     5,554       4,567  
Ending balance   $ 30,082     $ 17,002