Business Combination (Tables)

6 Months Ended

Jun. 30, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of the consideration paid for Penelope to the preliminary estimated fair value of the assets acquired and liabilities assumed at the acquisition date, with the excess recorded to goodwill.

Consideration:
Cash	$	105,324
Contingent consideration	63,900
Fair value of total consideration transferred	$	169,224
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash	$	926
Receivables	2,242
Inventory	12,783
Prepaid expenses and other assets	84
Property, plant and equipment, net	253
Intangible assets (a)	55,800
Operating lease right-of-use assets, net	426
Other assets	44
Total assets	72,558
Accounts payable	2,324
Accrued expenses and other	161
Long-term operating lease liabilities	268
Total liabilities	2,753
Goodwill	99,419
Total	$	169,224

(a) Intangible assets acquired included trade names with an estimated fair value of $33,700 and distributor relationships with an estimated fair value of $22,100.