OFRM — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-06

• Uncertainty in the macroeconomic environment resulting from geopolitical and economic instability, including the imposition of tariffs, embargoes, or similar restrictions could cause disruption in our supply chain. For example, in 2025, the U.S. presidential administration announced the imposition o…

• Following the February 2026 ruling, and effective on April 20, 2026, the U.S. Customs and Border Protection launched a platform for importers of record to begin submitting IEEPA tariff refund requests. The imposition of new tariffs (or uncertainty regarding the timing and amount of any tariff refund…

• For the three months ended June 30, 2026, net sales increased $25.4 million, or 42%, compared to the three months ended June 30, 2025, primarily due to an increase in volume growth of more than 40%, driven by both the incremental distribution of existing products and the introduction of new products…

• For the six months ended June 30, 2026, net sales increased $47.5 million, or 43%, compared to the six months ended June 30, 2025, primarily due to an increase in volume growth of more than 31%, driven by both the incremental distribution of existing products and the introduction of new products int…

• For the three months ended June 30, 2026, cost of goods sold increased $19.2 million, or 54%, compared to three months ended June 30, 2025, primarily due to increased sales volume. Cost of goods sold as a percentage of net sales increased by 5% primarily due to increased trade spending for promotion…

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• Uncertainty in the macroeconomic environment resulting from geopolitical and economic instability, including the imposition of tariffs, embargoes, or similar restrictions could cause disruption in our supply chain. For example, in

• 2025, the U.S. presidential administration announced the imposition of tariffs on numerous countries that trade with the United States, and in February 2026 the United States Supreme Court issued a ruling striking down certain tariffs previously imposed under the International Emergency Economic Pow…

• The increase in net sales of $22.1 million, or 44%, was primarily due to an increase in volume growth of more than 21%, driven by both the incremental distribution of existing products and the introduction of new products into our portfolio. The increase in net sales was also driven by a more favora…

• The increase in cost of goods sold of $11.5 million, or 37%, was primarily due to increased sales volume. Cost of goods sold as a percentage of net sales decreased by 3% primarily driven by decreased trade spending as a percentage of net sales, which is recognized as a reduction of net sales, primar…

• The increase in gross profit by $10.6 million, or 55% was driven by higher net sales generated during the three months ended March 31, 2026. The increase in gross margin by 3% for the three months ended March 31, 2026, compared to the three months ended March 31, 2025 was primarily driven by decreas…

Text added vs the prior filing · source: 10-Q · 2026-08-06

• A hypothetical 10% increase or decrease in the weighted-average cost of these commodities and raw materials would have resulted in an increase or decrease to cost of goods sold of approximately $2.0 million and $3.5 million for the

• three and six months ended June 30, 2026. We seek to mitigate the impact of raw materials cost increases by negotiating pricing agreements and by a combination of cost savings initiatives and efficiencies and price increases to our customers.

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• A hypothetical 10% increase or decrease in the weighted-average cost of these commodities and raw materials would have resulted in an increase or decrease to cost of goods sold of approximately $1.6 million for the three months ended March 31, 2026. We seek to mitigate the impact of raw materials co…