SUPPLEMENTAL BALANCE SHEET DISCLOSURES (Tables)

12 Months Ended

Dec. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Change in Allowance for Doubtful Accounts

The change in the allowance for doubtful accounts were as follows:

	July 28 to December 31, 2022		January 1 to July 27, 2022		Year ended December 31, 2021
					(As Restated)
(In thousands)	Successor		Predecessor
Balance at beginning of period	$	1,061	$	671	$	368
Provision for bad debts	(67)		390		303
Write-off of uncollectible accounts	—		—		—
Balance at end of period	$	994	$	1,061	$	671

Schedule of Inventory

The components of inventories were as follows:

	As of December 31, 2022		As of December 31, 2021
			(As Restated)
(In thousands)	(Successor)		(Predecessor)
Work in process	$	11,138	$	1,569
Finished goods	43,246		20,042
Total inventory	$	54,384	$	21,611

Property and Equipment, Net

The estimated useful lives of the Company’s assets are as follows:

	ESTIMATED USEFUL LIVES
Computer hardware and software	3 years
Furniture and fixtures	3 - 5 years
Machinery and equipment	3 - 5 years
Gondolas	3 years
Leasehold improvements	Lesser of useful life or term of lease

Property and equipment, net consisted of the following:

	As of December 31, 2022		As of December 31, 2021
			(As Restated)
(In thousands)	(Successor)		(Predecessor)
Computer hardware, software and equipment	$	944	$	752
Furniture and fixture	724		—
Machinery and equipment	608		70
Internally developed software	889		1,041
Gondolas	6,040		—
Leasehold improvements	2,051		13
Total property and equipment	$	11,256	$	1,876
Less accumulated depreciation	(2,928)		(678)
Property and equipment, net	$	8,328	$	1,198

Other Current Liabilities

The major components of other current liabilities consisted of the following (in thousands):

	As of December 31, 2022		As of December 31, 2021
			(As Restated)
(In thousands)	(Successor)		(Predecessor)
Accrued salaries and related expenses	$	9,069	$	6,876
Accrued sales returns and damages	2,651		—
Accrued marketing expenses	95		2,963
Accrued distribution fees	1,621		760
Related party liability	9,914		—
Other	2,773		2,084
Total	$	26,123	$	12,683