v3.25.4
LEASES (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Assets And Liabilities, Lessee
Other information related to leases as of and for the years ended December 31, 2025 and 2024 was as follows:
December 31, 2025December 31, 2024
($ in thousands)Operating LeasesFinance LeasesOperating LeasesFinance Leases
Weighted-average remaining lease term1
9.58.110.18.8
Weighted-average discount rate15.1 %14.1 %15.0 %14.0 %
1 Weighted-average remaining lease term does not include extensions which the Company is not reasonably certain to enter into.
Lease, Cost
The following table reflects the components of lease expense included in the Consolidated Statements of Operations:

Year Ended December 31,
($ in thousands)20252024
Lease depreciation expense included in selling, general, and administrative expense$2,364 $2,362 
Total finance lease depreciation expense$2,364 $2,362 
Rent expense included in selling, general, and administrative expense$12,528 $12,643 
Rent expense included in cost of goods sold14,398 15,337 
Total rent expense - operating leases$26,926 $27,980 
Short-term rent expense included in selling, general, and administrative expense
$
425 
$
217 
Interest expense - leases
$
2,930 
$
3,146 
Schedule of Lessee, Operating Lease, Liability, to be Paid, Maturity
As of December 31, 2025, maturities of lease liabilities were as follows:

($ in thousands)Operating LeasesFinance
Leases
2026$28,688 $5,147 
202728,866 5,241 
202828,981 5,125 
202929,293 4,970 
203028,262 3,390 
Thereafter111,643 9,995 
Total lease payments$255,733 $33,868 
Less: imputed interest(118,241)(13,069)
Less: tenant improvement allowance(1,956)(50)
Present value of lease liabilities135,536 20,749 
Less: current lease liabilities(9,793)(2,480)
Present value of long-term lease liabilities$125,743 $18,269 
Schedule of Lessee, Finance Lease, Liability, to be Paid, Maturity
As of December 31, 2025, maturities of lease liabilities were as follows:

($ in thousands)Operating LeasesFinance
Leases
2026$28,688 $5,147 
202728,866 5,241 
202828,981 5,125 
202929,293 4,970 
203028,262 3,390 
Thereafter111,643 9,995 
Total lease payments$255,733 $33,868 
Less: imputed interest(118,241)(13,069)
Less: tenant improvement allowance(1,956)(50)
Present value of lease liabilities135,536 20,749 
Less: current lease liabilities(9,793)(2,480)
Present value of long-term lease liabilities$125,743 $18,269 
Schedule of Maturities of Long-Term Debt
As of December 31, 2025, maturities of long-term financing liabilities were as follows:

($ in thousands)Long-term financing liabilities
2026$14,223 
202714,580 
202814,946 
202915,321 
203015,421 
Thereafter66,176 
Total financing payments$140,667 
Less: interest(49,645)
Less: tenant improvement allowance(58)
Present value of financing liabilities$90,964 
Less: short-term financing liabilities(3,300)
Present value of long-term financing liabilities$87,664