XML 80 R62.htm IDEA: XBRL DOCUMENT v3.23.4
BUSINESS COMBINATIONS - Narrative (Details)
$ / shares in Units, $ in Thousands
5 Months Ended 7 Months Ended 12 Months Ended
Jul. 28, 2022
USD ($)
director
$ / shares
shares
Dec. 31, 2022
USD ($)
$ / shares
shares
Jul. 27, 2022
USD ($)
Dec. 31, 2022
USD ($)
$ / shares
shares
Dec. 31, 2021
USD ($)
$ / shares
Dec. 31, 2020
USD ($)
Business Acquisition [Line Items]            
Common shares, par value (in dollars per share) | $ / shares         $ 0.50  
Stock conversion ratio (in shares) | shares   1   1    
Pre-tax losses   $ 126,360 $ 20,944   $ 9,974 $ 5,764
Loss on impairment of goodwill   68,715 0 $ 68,715 0 0
Net revenue   92,373 73,760   142,472 94,428
Related party liability   26,123   26,123 12,683  
Cost of goods sold   60,657 30,868   55,037 29,096
Related Party            
Business Acquisition [Line Items]            
Related party liability   $ 9,914   $ 9,914    
Obagi China Business | Related Party            
Business Acquisition [Line Items]            
Pre-tax losses     8,000   3,700 $ 2,300
Class A Ordinary Shares            
Business Acquisition [Line Items]            
Common shares, par value (in dollars per share) | $ / shares   $ 0.0001   $ 0.0001    
Stock conversion ratio (in shares) | shares 1          
Class B Ordinary Shares            
Business Acquisition [Line Items]            
Common shares, par value (in dollars per share) | $ / shares   $ 0.0001   $ 0.0001    
Waldencast plc | Class A Ordinary Shares | Obagi China Business | Related Party | Cedarwalk            
Business Acquisition [Line Items]            
Ownership interest in fully diluted Class A ordinary shares (percent) 24.50%          
Obagi and Milk Business Combinations            
Business Acquisition [Line Items]            
Transaction costs   $ 9,400     66,100  
Cost of goods sold         $ 10,000  
Obagi and Milk Business Combinations | Related Party            
Business Acquisition [Line Items]            
Related party liability from merger $ 22,100          
Net revenue   12,200        
Obagi Merger            
Business Acquisition [Line Items]            
Common shares, par value (in dollars per share) | $ / shares $ 0.50          
Shares exchanged $ 345,400          
Number of nominated directors | director 1          
Obagi Merger | Class A Ordinary Shares            
Business Acquisition [Line Items]            
Shares exchanged (in shares) | shares 28,237,506          
Milk Transaction            
Business Acquisition [Line Items]            
Shares exchanged $ 121,600          
Number of nominated directors | director 0          
Milk Transaction | Limited Partnership Units            
Business Acquisition [Line Items]            
Shares exchanged (in shares) | shares 21,104,225          
Milk Transaction | Class B Ordinary Shares            
Business Acquisition [Line Items]            
Shares exchanged (in shares) | shares 21,104,225          
Obagi Skincare            
Business Acquisition [Line Items]            
Loss on impairment of goodwill   68,700   $ 68,715    
Net revenue   61,090 $ 73,760      
Cost of goods sold   $ 44,973        
Obagi Skincare | Obagi and Milk Business Combinations | Related Party            
Business Acquisition [Line Items]            
Related party liability from merger $ 22,100