Note 19 - Restructuring Charges

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Restructuring and Related Activities Disclosure [Text Block]

In 2022, we completed a cost savings review aimed at operating efficiencies to better position us for profitable growth. Following the integration of the Acquired Brands, we identified a number of operational synergies and cost savings opportunities, including a reduction in workforce. In addition to the accrued expenses below, we incurred approximately $1.0 million in restructuring costs that are included in operating expenses in the accompanying consolidated statements of operations for the year ended December 31, 2022.

For the year ended December 31, 2022, the following activity was recorded:

	Employee Severance, Benefits and
($ in thousands)	Related Costs
Accrued expenses, January 1, 2022		-
Restructuring charges	$	1,201
Cash payments		(820	)
Accrued expenses, December 31, 2022	$	381