ARHS — what changed in the latest 10-Q

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

• For the six months ended June 30, 2026, we generated $699.2 million of net revenue, $286.5 million of gross margin and $41.9 million of net and comprehensive income. For the three months ended June 30, 2026, we generated $384.9 million of net revenue, $172.1 million of gross margin, and $39.6 millio…

• In addition to U.S. GAAP results, this Form 10-Q contains references to the non-GAAP financial measures below. We use these non-GAAP measures to help assess the performance of our business, identify trends affecting our business, formulate

• business plans and make strategic decisions. In addition to our results determined in accordance with U.S. GAAP, we believe that providing these non-GAAP financial measures is useful to our investors as they present an informative supplemental view of our results from period-to-period by removing th…

• includes all logistics costs associated with shipping product to our clients, partially offset by delivery fees collected from clients (recorded in net revenue on the condensed consolidated statements of comprehensive income).

• In February 2026, the U.S. Supreme Court issued a ruling invalidating certain tariffs previously imposed under the IEEPA. Subsequently, the U.S. Court of International Trade ruled that tariffs paid under the IEEPA must be refunded in accordance with the law. As a result, the U.S. Customs and Border …

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

• For the three months ended March 31, 2026, we generated $314.3 million of net revenue, $114.4 million of gross margin and $2.2 million of net and comprehensive income.

• In addition to U.S. GAAP results, this Form 10-Q contains references to the non-GAAP financial measures below. We use these non-GAAP measures to help assess the performance of our business, identify trends affecting our business, formulate business plans and make strategic decisions. In addition to …

• Selling, General and Administrative Expenses. Selling, general and administrative (“SG&A”) expenses include all operating costs not included in cost of goods sold. These expenses include payroll and payroll related expenses, Showroom

• New Showrooms contribute incremental expense, new Showroom opening expense and net revenue to the Company. Our recent Showroom growth from January 1, 2025 to March 31, 2026 is summarized in the following table:

• Net and comprehensive income as a % of net revenue0.7 %1.6 %

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

• ability to successfully recover any impact of inflation through price increases in the future. We currently do not use derivative instruments to manage this risk.

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

• monitored and data backups are authorized and monitored; and (iv) testing and approval controls for program development to ensure that new software development is aligned with business and IT requirements.

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

• statement of cash flows to help ensure that the classification of operating and investing activities is appropriately presented in the statement of cash flows.