Updated May 8, 2025, 10:48 PM UTC
| Income Statement - Metric | FY 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | FY 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | FY 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | FY 2024 | Q1 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales (USD, thousands) | 21,433.00 | 72,402 | 15,930 | 17,246.00 | 16,912.00 | 22,897.00 | 72,985 | 14,460 | |||||||||
| Cost of sales (USD, thousands) | 11,707.00 | 38,719 | 8,234 | 8,455.00 | 8,810.00 | 12,433.00 | 37,932 | 7,812 | |||||||||
| Gross profit (USD, thousands) | 9,726.00 | 33,683 | 7,696 | 8,791.00 | 8,102.00 | 10,464.00 | 35,053 | 6,648 | |||||||||
| Sales and marketing expenses (USD, thousands) | 4,432.00 | 17,762 | 4,828 | 4,926.00 | 4,656.00 | 4,186.00 | 18,596 | 4,226 | |||||||||
| General and administrative expenses (USD, thousands) | 3,353.00 | 13,909 | 3,763 | 3,749.00 | 3,759.00 | 4,313.00 | 15,584 | 3,968 | |||||||||
| Total operating expenses (USD, thousands) | 7,785.00 | 31,671 | 8,591 | 8,675.00 | 8,415.00 | 8,499.00 | 34,180 | 8,194 | |||||||||
| Net loss on disposal of property and equipment (USD, thousands) | 1.00 | 37 | 211 | 162.00 | (385.00) | 817.00 | 805 | (6) | |||||||||
| Income from operations (USD, thousands) | 1,940.00 | 1,975 | (1,106) | (46.00) | (301.00) | 1,521.00 | 68 | (1,540) | |||||||||
| Interest expense, net (USD, thousands) | (254.00) | (826) | (240) | (69.00) | (234.00) | (238.00) | (781) | (227) | |||||||||
| Other income, net (USD, thousands) | 354.00 | 3,123 | 470 | 294.00 | 585.00 | 485.00 | 1,834 | 475 | |||||||||
| Total other income, net (USD, thousands) | 100.00 | 2,297 | 230 | 225.00 | 351.00 | 247.00 | 1,053 | 248 | |||||||||
| Income before income taxes (USD, thousands) | 2,040.00 | 4,272 | (876) | 179.00 | 50.00 | 1,768.00 | 1,121 | (1,292) | |||||||||
| Income tax expense (benefit) (USD, thousands) | 562.00 | 1,149 | (243) | 51.00 | 12.00 | - | - | (356) | |||||||||
| Net income (loss) (USD, thousands) | 1,478.00 | 3,123 | (633) | 128.00 | 38.00 | 1,318.00 | 851 | (936) | |||||||||
| Basic and fully diluted weighted-average shares outstanding (Shares) | (68.00) | 21,307 | 20,936 | (58.00) | (42.00) | (42.00) | 20,794 | 20,614 | |||||||||
| Basic and fully diluted earnings (loss) per share (USD) | 0.07 | 0.15 | (0.03) | 0.01 | 0.00 | 0.06 | 0.04 | (0.05) | |||||||||
| Balance Sheet - Metric | FY 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | FY 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | FY 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | FY 2024 | Q1 2025 |
| Cash and cash equivalents (USD, thousands) | 22,777 | 22,777 | 22,615 | 16,862 | 24,335 | 21,030 | 21,030 | 12,663 | |||||||||
| Investments available for sale (USD, thousands) | 8,002 | 8,002 | 2,750 | 10,946 | 2,001 | 3,750 | 3,750 | 11,220 | |||||||||
| Accounts receivable, net (USD, thousands) | 7,685 | 7,685 | 6,954 | 5,897 | 6,968 | 9,365 | 9,365 | 5,283 | |||||||||
| Inventory (USD, thousands) | 58,094 | 58,094 | 58,154 | 57,447 | 64,901 | 62,094 | 62,094 | 62,039 | |||||||||
| Other current assets (USD, thousands) | 2,059 | 2,059 | 2,149 | 1,671 | 1,971 | 1,730 | 1,730 | 1,900 | |||||||||
| Total current assets (USD, thousands) | 98,617 | 98,617 | 92,622 | 92,823 | 100,176 | 97,969 | 97,969 | 93,105 | |||||||||
| Property and equipment, net (USD, thousands) | 116,460 | 116,460 | 115,091 | 115,608 | 115,443 | 114,436 | 114,436 | 112,921 | |||||||||
| Goodwill (USD, thousands) | 1,262 | 1,262 | 1,262 | 1,262 | 1,262 | 1,262 | 1,262 | 1,262 | |||||||||
| Intangible assets and other non-current assets, net (USD, thousands) | 5,750 | 5,750 | 5,421 | 5,065 | 4,736 | 4,492 | 4,492 | 4,163 | |||||||||
| Total non-current assets (USD, thousands) | 123,472 | 123,472 | 121,774 | 121,935 | 121,441 | 120,190 | 120,190 | 118,346 | |||||||||
| Total assets (USD, thousands) | 222,089 | 222,089 | 214,396 | 214,758 | 221,617 | 218,159 | 218,159 | 211,451 | |||||||||
| Accounts payable and accrued liabilities (USD, thousands) | 12,843 | 12,843 | 6,929 | 8,000 | 15,390 | 11,626 | 11,626 | 6,559 | |||||||||
| Customer deposits (USD, thousands) | 666,392 | 666,392 | 958 | 602 | 1,214 | 390,666 | 390,666 | 870 | |||||||||
| Current portion of long-term debt, net of unamortized loan fees (USD, thousands) | 1,129 | 1,129 | 1,129 | 1,130 | 1,130 | 1,130 | 1,130 | 1,130 | |||||||||
| Total current liabilities (USD, thousands) | 14,638 | 14,638 | 9,016 | 9,732 | 17,734 | 13,146 | 13,146 | 8,559 | |||||||||
| Long-term debt, net of current portion and unamortized loan fees (USD, thousands) | 16,542 | 16,542 | 16,259 | 15,977 | 15,694 | 15,412 | 15,412 | 15,129 | |||||||||
| Deferred tax liability, net (USD, thousands) | 2,742 | 2,742 | 2,499 | 2,553 | 2,580 | 3,012 | 3,012 | 2,595 | |||||||||
| Other non-current liabilities (USD, thousands) | 9 | 9 | 9 | 26 | 26 | 26 | 26 | 16 | |||||||||
| Total non-current liabilities (USD, thousands) | 19,293 | 19,293 | 18,767 | 18,556 | 18,300 | 18,449 | 18,449 | 17,740 | |||||||||
| Total liabilities (USD, thousands) | 33,931 | 33,931 | 27,783 | 28,288 | 36,034 | 31,595 | 31,595 | 26,299 | |||||||||
| Common shares, par value $ 0.01 per share, authorized 150,000,000 shares; issued and outstanding (USD, thousands) | 210 | 210 | 209 | 208 | 207 | 206 | 206 | 205 | |||||||||
| Additional paid-in capital (USD, thousands) | 278,580 | 278,580 | 278,710 | 278,851 | 278,395 | 278,456 | 278,456 | 278,484 | |||||||||
| Accumulated other comprehensive income (USD, thousands) | 88 | 88 | 87 | 95 | 134 | 164 | 164 | 6,164 | |||||||||
| Accumulated deficit (USD, thousands) | (90,720) | (90,720) | (92,393) | (92,684) | (93,153) | (92,262) | (92,262) | (93,543) | |||||||||
| Total stockholders’ equity (USD, thousands) | 188,158 | 188,158 | 186,613 | 186,470 | 185,583 | 186,564 | 186,564 | 185,152 | |||||||||
| Total liabilities and stockholders’ equity (USD, thousands) | 222,089 | 222,089 | 214,396 | 214,758 | 221,617 | 218,159 | 218,159 | 211,451 | |||||||||
| Cash Flow - Metric | FY 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | FY 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | FY 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | FY 2024 | Q1 2025 |
| Net Income (Loss) [USD, thousands] | 1,478.00 | 3,123 | (633) | 128.00 | 38.00 | 1,318.00 | 851 | (936) | |||||||||
| Depreciation and Amortization of Property and Equipment [USD, thousands] | 1,592.00 | 6,155 | 1,731 | 1,718.00 | 1,730.00 | 1,909.00 | 7,088 | 1,732 | |||||||||
| Amortization of Intangible Assets [USD, thousands] | 321.00 | 1,286 | 322 | 322.00 | 321.00 | 322.00 | 1,287 | 322 | |||||||||
| Loss on Write-Down of Inventory [USD, thousands] | 233.00 | 920 | 228 | (113.00) | 379.00 | 448.00 | 942 | 824 | |||||||||
| Provision for Credit Losses [USD, thousands] | (21.00) | (14) | - | - | 11.00 | 3.00 | (136) | 6 | |||||||||
| Net Loss on Disposal of Property and Equipment [USD, thousands] | 1.00 | 37 | 211 | 162.00 | (12.00) | 444.00 | 805 | (6) | |||||||||
| Deferred Income Tax (Provision) Benefit [USD, thousands] | 562.00 | 1,149 | (243) | 51.00 | 12.00 | 450.00 | 270 | (356) | |||||||||
| Stock-Based Compensation (Reversal) Expense [USD, thousands] | 131.00 | 497 | 130 | 141.00 | (456.00) | 61.00 | (124) | 28 | |||||||||
| Accounts Receivable, Net Change [USD, thousands] | 1,859.00 | (822) | 731 | 1,207.00 | (1,082.00) | (2,400.00) | (1,544) | 4,076 | |||||||||
| Inventory, Net Change [USD, thousands] | (3,390.00) | (7,298) | (288) | 820.00 | (7,833.00) | 2,359.00 | (4,942) | (769) | |||||||||
| Other Current Assets, Net Change [USD, thousands] | 35.00 | (406) | (90) | 462.00 | (300.00) | 241.00 | 313 | (170) | |||||||||
| Other Non-Current Assets, Net Change [USD, thousands] | 8.00 | (121) | 7 | 7.00 | 8.00 | 8.00 | 30 | 7 | |||||||||
| Accounts Payable and Accrued Liabilities, Net Change [USD, thousands] | 1,228.00 | 1,161 | (6,057) | 169.00 | 8,084.00 | (4,110.00) | (1,914) | (5,099) | |||||||||
| Customer Deposits and Other Payables, Net Change [USD, thousands] | (767.00) | 286 | 294 | (352.00) | 614.00 | (821.00) | (265) | 463 | |||||||||
| Other Non-Current Liabilities, Net Change [USD, thousands] | - | - | - | - | 0.00 | (1.00) | 16 | (9) | |||||||||
| Net Cash Provided by Operating Activities [USD, thousands] | 3,270.00 | 5,953 | (3,657) | 4,589.00 | 1,514.00 | 231.00 | 2,677 | 113 | |||||||||
| Purchase of Investments Available for Sale [USD, thousands] | (2,750.00) | (18,887) | - | - | (250.00) | (12,207.00) | (21,392) | (10,921) | |||||||||
| Redemption of Investments Available for Sale [USD, thousands] | 5,750.00 | 22,750 | 5,250 | 750.00 | 9,250.00 | 10,500.00 | 25,750 | 3,250 | |||||||||
| Acquisition of Property and Equipment [USD, thousands] | (1,587.00) | (9,048) | (467) | (1,498.00) | (2,309.00) | (1,095.00) | (5,369) | (187) | |||||||||
| Proceeds from Disposals of Property and Equipment [USD, thousands] | 4.00 | 27 | 38 | 3.00 | 16.00 | 5.00 | 62 | 9 | |||||||||
| Net Cash (Used in) Provided by Investing Activities [USD, thousands] | 1,417.00 | (5,142) | 4,821 | (9,637.00) | 6,707.00 | (2,797.00) | (906) | (7,849) | |||||||||
| Principal Payments on Long-Term Debt [USD, thousands] | (285.00) | (1,140) | (285) | (285.00) | (285.00) | (285.00) | (1,140) | (285) | |||||||||
| Repurchase of Common Stock [USD, thousands] | (936.00) | (2,599) | (1,041) | (420.00) | (463.00) | (454.00) | (2,378) | (346) | |||||||||
| Net Cash Used in Financing Activities [USD, thousands] | (1,221.00) | (3,739) | (1,326) | (705.00) | (748.00) | (739.00) | (3,518) | (631) | |||||||||
| Net Decrease in Cash and Cash Equivalents [USD, thousands] | 3,466.00 | (2,928) | (162) | (5,753.00) | - | - | (1,747) | (8,367) | |||||||||
| Interest Paid, Net of Capitalized Interest [USD, thousands] | 254.00 | 1,006 | 242 | 235.00 | 235.00 | 220.00 | 932 | 228 | |||||||||
| Unrealized Holding Gains (Losses) on Investments, Net of Tax [USD, thousands] | 13.00 | 137 | (1) | 8.00 | 39.00 | 30.00 | 76 | (158) | |||||||||
| Acquisition of Property and Equipment Invoiced or Accrued but Not Yet Paid [USD, thousands] | (426.00) | 210 | 144 | 902.00 | (740.00) | 256.00 | 562 | 33 | |||||||||
| Cash and Cash Equivalents - Beginning of Year [USD, thousands] | 25,705 | 25,705 | 22,777 | 22,777 | 22,777 | 22,777 | 22,777 | 21,030 | |||||||||
| Cash and Cash Equivalents - End of Year [USD, thousands] | 22,777 | 22,777 | 22,615 | 16,862 | 24,335 | 21,030 | 21,030 | 12,663 | |||||||||
| Revenue by Segment - in Millions of USD | FY 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | FY 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | FY 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | FY 2024 | Q1 2025 |
| Wholesale | 11.76 | 40.833 | 9.14 | 9.37 | 9.421 | - | - | - | |||||||||
| - Direct to Consumer | 8.46 | 27.453 | 6.06 | 6.66 | 6.421 | - | - | - | |||||||||
| - Other/Non-Allocable | 1.22 | 4.116 | 0.73 | 1.22 | 1.070 | - | - | - | |||||||||
| Total Revenue | 21.43 | 72.402 | 15.93 | 17.25 | 16.912 | - | - | - | |||||||||
| KPIs - Metric (Unit, Scale) | FY 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | FY 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | FY 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | FY 2024 | Q1 2025 |
| Number of cases of bottled wine and bulk wine in inventory (million cases) | - | - | 0.7 | 0.6 | 0.5 | - | - | - |