Segments

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

SEGMENTS

NOTE 12 SEGMENTS

The Company reports financial and operating information in the following two segments:

(a) Wholesale segment

(b) Retail segment

	Wholesale segment			Retail segment			Total
	(In thousands of U.S. Dollars)
As of and for the period ended March 31, 2022
Segment profit or loss:
Net revenue from external customers	$	29,877			34,896			64,773
Loss from operations	$	490			(3,798	)		(3,308	)
Interest income	$	171			15			186
Interest expense	$	613			0			613
Depreciation and amortization	$	464			1,683			2,147
Loss before income tax expense		(495	)		(3,482	)		(3,977	)
Income tax expense	$	413			699			1,112
Segment assets:
Additions to property, plant and equipment		1,972			535			2,507
Inventory		26,866			38,147			65,013
Total assets		178,818			144,193			323,011

	Wholesale segment			Retail segment			Total
	(In thousands of U.S. Dollars)
As of and for the period ended March 31, 2021
Segment profit or loss:
Net revenue from external customers	$	23,219			47,595			70,814
Loss from operations	$	(705	)		(259	)		(964	)
Interest income	$	196			28			224
Interest expense	$	466			26			492
Depreciation and amortization	$	261			1,116			1,377
Loss before income tax expense		(387	)		(54	)		(441	)
Income tax expense	$	325			404			729
Segment assets:
Additions to property, plant and equipment		734			644			1,378
Inventory		13,913			29,429			43,342
Total assets		181,535			148,081			329,616