Scott's Liquid Gold Q1 net sales $5.8M; net loss $0.5M vs loss $0.3M last year

Horizon Kinetics Holding Corp

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

Net sales of $5.8M decreased 34% from $8.8M in Q1 2021 due to brand divestiture and supply chain issues.
Net loss of $0.5M ($0.04 per share) compared to $0.3M loss last year, driven by amortization, interest, and inflation.
Sales decline attributed to sale of Dryel brand and end of Batiste distribution ($2.5M impact), plus China lockdowns affecting Alpha Skin Care.
Cash and restricted cash fell to $397k from $1.27M; cash on hand $22k.

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