Segment Information

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Segment Information

Note 12. Segment Information

Segments

We operate in two different segments: household products and health and beauty care products. We have chosen to organize our business around these segments based on differences in the products sold. Accounting policies for our segments are the same as those described in Note 1. We evaluate segment performance based on segment income or loss before income taxes.

The following provides information on our segments as of and for the years ended December 31:

	2022
	Household Products			Health and Beauty Care Products			Corporate		Total
Net sales	$	11,763		$	4,807		$	-	$	16,570
Loss from operations		(6,574	)		(1,742	)		-		(8,316	)
Identifiable assets		5,968			3,730			1,033		10,731
Capital and intangible asset expenditures		-			-			142		142
Depreciation and amortization		487			135			-		622
	2021
	Household Products			Health and Beauty Care Products			Corporate		Total
Net sales	$	14,152		$	15,590		$	-	$	29,742
Loss from operations		(3,963	)		(2,562	)		-		(6,525	)
Identifiable assets		13,207			6,398			1,264		20,869
Capital and intangible asset expenditures		-			-			469		469
Depreciation and amortization		1,202			618			-		1,820

Corporate assets noted above are comprised of our income tax receivable and internal-use software.

Customers

Net sales to significant customers were the following for the years ended December 31, 2022 and 2021, respectively:

	2022		2021
Walmart	$	7,111	$	11,102
Ulta	$	146	$	6,764

Outstanding accounts receivable from significant customers represented the following percentages of our total accounts receivable as of December 31, 2022 and 2021, respectively:

	2022			2021
Walmart		32.7	%		51.7	%
Ulta		0.0	%		2.9	%

A loss of any of our significant customers could have a material adverse effect on us because it is uncertain whether our consumer base served by these customers would purchase our products at other retail outlets. No long-term contracts exist between us and our other significant customers.

Geographic Area Information

Information about continuing operations in different geographic areas is as follows for the years ended December 31, 2022 and 2021, respectively:

	2022		2021
Net sales
United States	$	15,776	$	26,730
PRC		673		2,448
Canada		121		564
Total	$	16,570	$	29,742

All net sales to the PRC were to HK NFS, our former exclusive distributor. There were no long-lived assets held outside the United States as of December 31, 2022 and 2021, respectively.