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Operating Segments (Tables)
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents summarized financial information for each segment:

Quarter Ended March 31,
20242023
Sales to Customers
Distilling Solutions$84,852 $113,223 
Branded Spirits50,146 56,883 
Ingredient Solutions35,565 30,904 
Total$170,563 $201,010 
Gross Profit
Distilling Solutions$34,083 $33,028 
Branded Spirits22,532 24,593 
Ingredient Solutions6,180 12,203 
Total$62,795 $69,824 
Depreciation and Amortization
Distilling Solutions$1,957 $2,851 
Branded Spirits1,823 1,491 
Ingredient Solutions1,169 658 
Corporate340 171 
Total$5,289 $5,171 
Income (loss) before Income Taxes
Distilling Solutions$33,069 $32,301 
Branded Spirits908 9,157 
Ingredient Solutions4,720 10,846 
Corporate(11,851)(11,617)
Total$26,846 $40,687 
Schedule of Segment Reporting Identifiable Assets
The following table allocates assets to each segment as of:

March 31, 2024December 31, 2023
Identifiable Assets
Distilling Solutions$347,240 $369,241 
Branded Spirits889,588 910,633 
Ingredient Solutions120,076 88,846 
Corporate33,378 23,628 
Total$1,390,282 $1,392,348