Scott's Liquid Gold reports 2021 net loss of $11.1M; impairments and sale of Dryel weigh on results

Horizon Kinetics Holding Corp

2023-Q1 EPS reported -$0.04 revenue$5,790,000

Fiscal 2021 net loss $11.1M vs $1.6M loss in 2020; includes $7.1M impairment and loss on Dryel sale.
Full-year net sales $35.9M, up 19% from $30.2M in 2020, driven by acquisitions and brand growth.
Q4 2021 net sales $8.9M, slightly down from $9.1M; net loss $7.3M on $6.3M goodwill/intangible impairment.
Sold Dryel brand in Q4 2021; proceeds used to reduce net debt. Total debt decreased from $5.5M to $2.9M.
Supply chain disruptions and rising logistics costs persist; company reducing overhead and focusing on e-commerce.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.