GrowGeneration (GRWG) 10-Q 9 May 23 2023 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2023	May 01, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Entity File Number	333-207889
Entity Registrant Name	GROWGENERATION CORP.
Entity Incorporation, State or Country Code	CO
Entity Tax Identification Number	46-5008129
Entity Address, Address Line One	5619 DTC Parkway
Entity Address, Address Line Two	Suite 900
Entity Address, City or Town	Greenwood Village
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80111
City Area Code	800
Local Phone Number	935-8420
Title of 12(b) Security	Common Stock, par value $0.001 per share
Trading Symbol	GRWG
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		61,037,958
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Entity Central Index Key	0001604868
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 62,738	$ 40,054
Marketable securities	9,126	31,852
Accounts receivable, net of allowance for credit losses of $0.7 million and $0.7 million at March 31, 2023 and December 31, 2022	7,569	8,336
Notes receivable, current, net of allowance for credit losses of $1.7 million and $1.3 million at March 31, 2023 and December 31, 2022	0	1,214
Inventory	75,581	77,091
Prepaid income taxes	625	5,679
Prepaids and other current assets	8,250	6,455
Total current assets	163,889	170,681
Property and equipment, net	30,274	28,669
Operating leases right-of-use assets	43,581	46,433
Intangible assets, net	28,479	30,878
Goodwill	15,978	15,978
Other assets	442	803
TOTAL ASSETS	282,643	293,442
Current liabilities:
Accounts payable	15,414	15,728
Accrued liabilities	1,985	1,535
Payroll and payroll tax liabilities	2,363	4,671
Customer deposits	3,916	4,338
Sales tax payable	1,467	1,341
Current maturities of lease liability	8,004	8,131
Current portion of long-term debt	34	50
Total current liabilities	33,183	35,794
Commitments and contingencies (Note 12)
Operating lease liability, net of current maturities	38,130	40,659
Other long-term liabilities	627	593
Total liabilities	71,940	77,046
Stockholders’ equity:
Common stock; $0.001 par value; 100,000,000 shares authorized, 61,035,521 and 61,010,155 shares issued and outstanding as of March 31, 2023 and December 31, 2022	61	61
Additional paid-in capital	370,379	369,938
Retained earnings (deficit)	(159,737)	(153,603)
Total stockholders’ equity	210,703	216,396
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 282,643	$ 293,442

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Accounts receivable, allowance for credit loss, current	$ 0.7	$ 0.7
Notes receivable, allowance for credit loss, current	$ 1.7	$ 1.3
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares, issued (in shares)	61,035,521	61,010,155
Common stock, shares, outstanding (in shares)	61,035,521	61,010,155

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Net sales	$ 56,827	$ 81,767
Cost of sales (exclusive of depreciation and amortization shown below)	40,538	59,627
Gross profit	16,289	22,140
Operating expenses:
Store operations and other operational expenses	12,966	14,532
Selling, general, and administrative	6,838	9,609
Bad debt expense	317	714
Depreciation and amortization	3,932	4,506
Total operating expenses	24,053	29,361
Income (Loss) from operations	(7,764)	(7,221)
Other income (expense):
Other income (expense)	1,204	409
Interest income	428	2
Interest expense	(2)	(3)
Total non-operating income (expense), net	1,630	408
Net income (loss) before taxes	(6,134)	(6,813)
Benefit (provision) for income taxes	0	1,636
Net income (loss)	$ (6,134)	$ (5,177)
Net income (loss) per share, basic (in dollars per share)	$ (0.10)	$ (0.09)
Net income (loss) per share, diluted (in dollars per share)	$ (0.10)	$ (0.09)
Weighted average shares outstanding, basic (in shares)	61,028	60,126
Weighted average shares outstanding, diluted (in shares)	61,028	60,126

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Retained Earnings (Deficit)
Beginning balances (in shares) at Dec. 31, 2021		59,929,000
Beginning balances at Dec. 31, 2021	$ 371,291	$ 60	$ 361,087	$ 10,144
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued in connection with business combinations (in shares)		650,000
Common stock issued in connection with business combinations	5,750	$ 1	5,749
Common stock issued for share based compensation (in shares)		149,000
Common stock withheld for employee payroll taxes	(1,355)		(1,355)
Share based compensation	1,583		1,583
Net income (loss)	(5,177)			(5,177)
Ending balances (in shares) at Mar. 31, 2022		60,728,000
Ending balances at Mar. 31, 2022	$ 372,092	$ 61	367,064	4,967
Beginning balances (in shares) at Dec. 31, 2022	61,010,155	61,010,000
Beginning balances at Dec. 31, 2022	$ 216,396	$ 61	369,938	(153,603)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued for share based compensation (in shares)		25,000
Common stock withheld for employee payroll taxes	(70)		(70)
Share based compensation	511		511
Net income (loss)	$ (6,134)			(6,134)
Ending balances (in shares) at Mar. 31, 2023	61,035,521	61,035,000
Ending balances at Mar. 31, 2023	$ 210,703	$ 61	$ 370,379	$ (159,737)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net income (loss)	$ (6,134)	$ (5,177)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	3,932	4,506
Stock-based compensation expense	567	1,583
Bad debt expense, net of recoveries	317	714
Gain (loss) on asset disposition	(19)	20
Deferred taxes	0	(1,636)
Changes in operating assets and liabilities (net of the effect of acquisitions):
Accounts and notes receivable	1,664	(1,886)
Inventory	1,627	3,761
Prepaid expenses and other assets	3,621	9,740
Accounts payable and accrued liabilities	114	(5,082)
Operating leases	372	106
Payroll and payroll tax liabilities	(2,308)	(3,138)
Customer deposits	(422)	(5,738)
Sales tax payable	126	5
Net cash provided by (used in) operating activities	3,457	(2,222)
Cash flows from investing activities:
Acquisitions, net of cash acquired	0	(6,806)
Purchase of marketable securities	(10,726)	0
Maturities from marketable securities	33,452	20,758
Purchase of property and equipment	(3,476)	(4,451)
Disposal of assets	63	0
Net cash provided by (used in) investing activities	19,313	9,501
Cash flows from financing activities:
Principal payments on long term debt	(16)	(23)
Common stock withheld for employee payroll taxes	(70)	(1,355)
Net cash provided by (used in) financing activities	(86)	(1,378)
Net change	22,684	5,901
Cash and cash equivalents at the beginning of period	40,054	41,372
Cash and cash equivalents at the end of period	62,738	47,273
Supplemental disclosures of non-cash activities:
Cash paid for interest	2	3
Common stock issued for business combination	0	5,750
Right of use assets acquired under new operating leases	$ 1,310	$ 2,703

GENERAL

GENERAL	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
GENERAL	GENERAL GrowGeneration Corp. (together with its direct and indirect wholly owned subsidiaries, collectively “GrowGeneration” or the “Company”) is a leading marketer and distributor of nutrients, growing media, lighting, benching and racking, environmental control systems, and other products for both indoor and outdoor hydroponic and organic gardening, including proprietary brands such as Charcoir, Drip Hydro, Power Si, MMI benching and racking, Ion lights, Durabreeze fans, and more. Incorporated in Colorado in 2014, GrowGeneration is the largest chain of specialty retail hydroponic and organic garden centers in the U.S. As of March 31, 2023, GrowGeneration has 59 retail locations across 16 states in the U.S. The Company also operates an online superstore for cultivators at growgeneration.com, as well as a wholesale business for resellers, HRG Distribution, and a benching, racking, and storage solutions business, MMI. GrowGeneration also provides facility design services to commercial growers. Basis of Presentation The accompanying interim unaudited Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. These statements should be read in conjunction with our Annual Report on Form 10-K for the fiscal year ended December 31, 2022 (“2022 Form 10-K”). There were no significant changes to our significant accounting policies as disclosed in our 2022 Form 10-K. The results of operations for our interim periods are not necessarily indicative of results for the full fiscal year. All amounts included in the accompanying footnotes to the consolidated financial statements, except share and per share data, are in thousands (000). Reclassifications Certain amounts in the prior period consolidated financial statements have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported consolidated net income. Use of Estimates Management uses estimates and assumptions in preparing these consolidated financial statements in accordance with generally accepted accounting principles. These estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported revenues and expenses during the reporting period. Actual results could vary from the estimates that were used.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS Fair Value Measurements Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use of unobservable inputs. Financial assets and liabilities carried at fair value are to be classified and disclosed in one of the following three levels of the fair value hierarchy, of which the first two are considered observable and the last is considered unobservable: • Level 1—Quoted prices in active markets for identical assets or liabilities. • Level 2—Observable inputs (other than Level 1 quoted prices), such as quoted prices in active markets for similar assets or liabilities, quoted prices in markets that are not active for identical or similar assets or liabilities, or other inputs that are observable or can be corroborated by observable market data. • Level 3—Unobservable inputs that are supported by little or no market activity and that are significant to determining the fair value of the assets or liabilities, including pricing models, discounted cash flow methodologies and similar techniques. To the extent that the valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgement. Accordingly, the degree of judgement exercised by the Company in determining fair value is greatest for instruments categorized in Level 3. A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. The carrying amounts of cash and cash equivalents, accounts receivable, available for sale securities, accounts payable and all other current liabilities approximate fair values due to their short-term nature. The fair value of notes receivable approximates the outstanding balance and are reviewed for impairment at least annually. The fair value of impaired notes receivable is determined based on estimated future payments discounted back to present value using the notes' effective interest rate. Level March 31, December 31, Cash equivalents 1 $ 36,296 $ 25,087 Marketable securities 2 $ 9,126 $ 31,852

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	3 Months Ended
	Mar. 31, 2023
Accounting Standards Update and Change in Accounting Principle [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS New Accounting Pronouncements From time to time, the Financial Accounting Standards Board (“FASB”) or other standard setting bodies issue new accounting pronouncements. Updates to the FASB Accounting Standards Codification (“ASC”) are communicated through issuance of an Accounting Standards Update (“ASU”). We have implemented all new accounting pronouncements that are in effect and that may impact our financial statements. We have evaluated recently issued accounting pronouncements and determined that there is no material impact on our financial position or results of operations. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments — Credit Losses (Topic 326),” changing the impairment model for most financial instruments by requiring companies to recognize an allowance for expected losses, rather than incurred losses as required currently by the other-than-temporary impairment model. The ASU will apply to most financial assets measured at amortized cost and certain other instruments, including trade and other receivables, loans, available-for-sale and held-to-maturity debt securities, net investments in leases, and off-balance sheet credit exposures. ASU No. 2016-13 was effective January 1, 2020. The Company has adopted this standard effective January 1, 2023. The adoption of this standard primarily applied to the valuation of the Company’s accounts receivable. Based on the composition of the Company’s accounts receivable, investment portfolio, and other financial assets, including current market conditions and historical credit loss activity, the adoption of this standard did not have a material impact on the Company’s consolidated financial statements or disclosures. Specifically, the Company’s estimate of expected credit losses as of March 31, 2023, using its expected credit loss evaluation process described above, resulted in no adjustments to the provision for credit losses and no cumulative-effect adjustment to accumulated deficit on the adoption date of the standard.

REVENUE RECOGNITION

REVENUE RECOGNITION	3 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
REVENUE RECOGNITION	REVENUE RECOGNITION Disaggregation of Revenues Sales are disaggregated by our segments, which represent our principal lines of business, as well as by our private label products versus distributed brands, or by commercial fixture revenue. See Note 13, Segments , for disaggregated revenue by segment. The opening and closing balances of the Company’s customer trade receivables and customer deposit liability are as follows: Receivables Customer Deposit Liability Opening balance, January 1, 2023 $ 8,336 $ 4,338 Closing balance, March 31, 2023 7,569 3,916 Increase (decrease) $ (767) $ (422) Opening balance, January 1, 2022 $ 5,741 $ 11,686 Closing balance, March 31, 2022 7,386 7,190 Increase (decrease) $ 1,645 $ (4,496) Of the total amount of customer deposit liability as of January 1, 2023, $2.3 million was reported as revenue during the three months ended March 31, 2023. Of the total amount of customer deposit liability as of January 1, 2022, $7.6 million was reported as revenue during the three months ended March 31, 2022.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	3 Months Ended
	Mar. 31, 2023
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT March 31, December 31, Vehicles $ 2,482 $ 2,176 Building 2,121 2,121 Leasehold improvements 12,695 12,562 Furniture, fixtures and equipment 13,578 13,195 Capitalized software 2,761 2,644 Construction-in-progress 11,878 9,569 Total property and equipment, gross 45,515 42,267 Accumulated depreciation (15,241) (13,598) Property and equipment, net $ 30,274 $ 28,669 Depreciation expense for the three months ended March 31, 2023 was $1.7 million. Depreciation expense for the three months ended March 31, 2022 was $1.8 million.

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	3 Months Ended
	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	GOODWILL AND INTANGIBLE ASSETS The Company performs its goodwill impairment testing annually during the fourth quarter, or more frequently if events or if circumstances were to occur that would more likely than not reduce the fair value of our reporting unit below its carrying amount. The Company would recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value, not to exceed the total amount of goodwill. The adjusted carrying amount of goodwill shall be its new accounting basis. During the second quarter of 2022, the Company’s market capitalization fell below total net assets. In addition, financial performance continued to weaken during the quarter, which is contrary to prior experience. Management reassessed business performance expectations, following persistent adverse developments in equity markets, deterioration in the environment in which we operate, inflation, lower than expected sales, and an increase in operating expenses. These indicators, in the aggregate, required impairment testing for finite-lived intangible assets at the asset group level and goodwill at the reporting unit level. Under ASC 360, we performed a cash recoverability test on the following intangible assets: customer relationships, trade name, and non-compete. The carrying amounts of any assets that are not within the scope of ASC 360-10, other than goodwill, were adjusted for impairment, as necessary, prior to testing long-lived assets and goodwill. The Company recognized impairment losses as disclosed in the table below. For goodwill impairment testing purposes, the Company determined four reporting units, three of which were subject to a quantitative assessment. We determined fair value using the income approach, where estimated future returns are discounted to present value at an appropriate rate of return. The Company completed its interim goodwill impairment test as of June 30, 2022 and recognized impairment losses as disclosed in the table below. The changes in goodwill are as follows: March 31, 2023 December 31, Balance, beginning of period $ 15,978 $ 125,401 Goodwill additions and measurement period adjustments — 7,234 Impairment — (116,657) Balance, end of period $ 15,978 $ 15,978 The goodwill balance and impairment by segment are as follows: Retail E-commerce Distribution Total Gross carrying value at December 31, 2021 $ 101,811 $ 11,659 $ 11,931 $ 125,401 Acquisitions & measurement period adjustments 1,418 (341) 6,157 7,234 Gross carrying value at December 31, 2022 103,229 11,318 18,088 132,635 Acquisitions & measurement period adjustments — — — — Gross carrying value, at March 31, 2023 $ 103,229 $ 11,318 $ 18,088 $ 132,635 Accumulated impairment losses at December 31, 2021 $ — $ — $ — $ — Impairment (103,094) (9,848) (3,715) (116,657) Accumulated impairment losses at December 31, 2022 (103,094) (9,848) (3,715) (116,657) Impairment — — — — Accumulated impairment losses at March 31, 2023 $ (103,094) $ (9,848) $ (3,715) $ (116,657) Net carrying value at December 31, 2022 $ 135 $ 1,470 $ 14,373 $ 15,978 Net carrying value at March 31, 2023 $ 135 $ 1,470 $ 14,373 $ 15,978 A summary of intangible assets is as follows: Weighted-Average Amortization Period of Intangible Assets as of March 31, 2023 (in years) Trade names 2.99 Patents 2.84 Customer relationships 4.26 Non-competes 1.65 Intellectual property 2.92 Total 3.13 Intangible assets consist of the following: March 31, 2023 Gross Accumulated Net Trade names $ 29,063 $ (12,160) $ 16,903 Patents 100 (60) 40 Customer relationships 17,102 (7,093) 10,009 Non-competes 932 (610) 322 Intellectual property 2,065 (860) 1,205 Total $ 49,262 $ (20,783) $ 28,479 December 31, 2022 Gross Accumulated Net Trade names $ 28,774 $ (10,693) $ 18,081 Patents 389 (56) 333 Customer relationships 17,102 (6,501) 10,601 Non-competes 932 (551) 381 Intellectual property 2,065 (758) 1,307 Total $ 49,262 $ (18,559) $ 30,703 Intangibles and impairment by segment are as follows: Retail E-commerce Distribution Total Gross carrying value at December 31, 2021 $ 37,825 $ 2,501 $ 16,698 $ 57,024 Acquisitions & measurement period adjustments 230 — 3,182 3,412 Gross carrying value at December 31, 2022 38,055 2,501 19,880 60,436 Acquisitions & measurement period adjustments — — — — Gross carrying value at March 31, 2023 $ 38,055 $ 2,501 $ 19,880 $ 60,436 Accumulated amortization at December 31, 2021 $ (6,285) $ (354) $ (1,983) $ (8,622) Amortization (5,897) (460) (3,580) (9,937) Accumulated amortization at December 31, 2022 (12,182) (814) (5,563) (18,559) Amortization (1,205) (112) (907) (2,224) Accumulated amortization at March 31, 2023 $ (13,387) $ (926) $ (6,470) $ (20,783) Accumulated impairment losses at December 31, 2021 $ — $ — $ — $ — Impairments (11,079) (95) — (11,174) Accumulated impairment losses at December 31, 2022 (11,079) (95) — (11,174) Impairments — — — — Accumulated impairment losses at March 31, 2023 $ (11,079) $ (95) $ — $ (11,174) Net carrying value at December 31, 2022 $ 14,794 $ 1,592 $ 14,317 $ 30,703 Net carrying value at March 31, 2023 $ 13,589 $ 1,480 $ 13,410 $ 28,479 Amortization expense for the three months ended March 31, 2023 was $2.2 million. Amortization expense for the three months ended March 31, 2022 was $2.7 million. Future amortization expense is as follows: 2023, remainder $ 6,632 2024 8,726 2025 8,353 2026 3,589 2027 1,144 Thereafter 35 Total $ 28,479

INCOME TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES For the three months ended March 31, 2023, the effective tax rate is 0.00% which decreased from 24.02% for the three months ended March 31, 2022. The decrease in the effective tax rate is primarily due to the Company recording a valuation allowance against deferred tax assets. The effective tax rate for the three months ended March 31, 2023 is lower than the U.S. federal statutory rate of 21.0%, which is also primarily due to the Company recording a valuation allowance against deferred tax assets. The Company has evaluated positive and negative evidence and has concluded that its deferred tax assets are not expected to be realizable and has recorded a valuation allowance in the current period.

LEASES

LEASES	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
LEASES	LEASES We determine if a contract contains a lease at inception. Our material operating leases consist of retail and warehouse locations as well as office space. Our leases generally have remaining terms of 1 to 10 years, most of which include options to extend the leases for additional 3 to 5-year periods. Generally, the lease term is the minimum of the non-cancellable period of the lease or the lease term inclusive of reasonably certain renewal periods. Operating lease assets and liabilities are recognized at the lease commencement date. Operating lease liabilities represent the present value of remaining lease payments over the lease term. Operating lease assets represent our right to use an underlying asset and are based upon the operating lease liabilities adjusted for prepayments or accrued lease payments, initial direct costs, lease incentives, and impairment of operating lease assets. To determine the present value of lease payments not yet paid, we estimate incremental secured borrowing rates corresponding to the maturities of the leases. Our leases typically contain rent escalations over the lease term. We recognize expense for these leases on a straight-line basis over the lease term. We have elected the practical expedient to account for lease and non-lease components as a single component for our entire population of leases. Short-term disclosures include only those leases with a term greater than one month and 12 months or less, and expense is recognized on a straight-line basis over the lease term. Leases with an initial term of 12 months or less that do not include an option to purchase the underlying asset that we are reasonably certain to exercise are not recorded on the balance sheet. Lease expense is recorded within our consolidated statements of operations based upon the nature of the assets. Where assets are used to directly serve our customers, such as facilities dedicated to customer contracts, lease costs are recorded in “store operating costs.” Facilities and assets which serve management and support functions are expensed through general and administrative expenses. March 31, December 31, Right of use assets, operating lease assets $ 43,581 $ 46,433 Current lease liability $ 8,004 $ 8,131 Non-current lease liability 38,130 40,659 Total lease liability $ 46,134 $ 48,790 March 31, March 31, Weighted average remaining lease term 6.46 years 6.85 years Weighted average discount rate 5.8 % 5.5 % Three Months Ended 2023 2022 Operating lease costs $ 2,893 $ 2,662 Variable lease costs 599 863 Short-term lease costs 167 126 Total operating lease costs $ 3,659 $ 3,651 The following table presents the maturity of the Company’s operating lease liabilities as of March 31, 2023 : 2023 (remainder of the year) $ 7,887 2024 9,600 2025 8,731 2026 7,307 2027 5,414 Thereafter 16,671 Total lease payments 55,610 Less: Imputed interest (9,476) Lease Liability at March 31, 2023 $ 46,134

SHARE BASED PAYMENTS

SHARE BASED PAYMENTS	3 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
SHARE BASED PAYMENTS	SHARE BASED PAYMENTS The Company maintains long-term incentive plans for employees, non-employee members of our Board of Directors and consultants. The plans allow us to grant equity-based compensation awards, including stock options, stock appreciation rights, performance share units, restricted stock units, restricted stock awards, or a combination of awards (collectively, share-based awards). The Company accounts for share-based payments through the measurement and recognition of compensation expense for share-based payment awards made to employees and directors of the Company, including stock options and restricted shares. The Company also issues share-based payments in the form of common stock warrants to non-employees. The following table presents share-based payment expense for the three months ended March 31, 2023 and 2022: Three months ended March 31, 2023 2022 Restricted stock $ 567 $ 1,201 Stock options — 43 Warrants — 339 Total $ 567 $ 1,583 As of March 31, 2023, the Company had approximately $7.8 million of unamortized share-based compensation for option awards and restricted stock awards, which is expected to be recognized over a weighted average period of approximately 2.7 years. Restricted Stock The Company issues shares of restricted stock to eligible employees, which are subject to forfeiture until the end of an applicable vesting period. The awards generally vest on the first, second, third, or fourth anniversary of the date of grant, subject to the employee’s continuing employment as of that date. Restricted stock is valued using market value on the grant date. Restricted stock activity for the three months ended March 31, 2023 is presented in the following table: Shares Weighted Average Grant Date Fair Value Nonvested, December 31, 2022 614,875 $ 9.41 Granted 263,000 $ 5.35 Vested (39,416) $ 10.27 Forfeited (164,500) $ 2.36 Nonvested, March 31, 2023 673,959 $ 7.97 The table below summarizes all option activity under all plans during the three months ended March 31, 2023: Options Shares Weighted - Weighted - Weighted - Outstanding at December 31, 2022 604,498 $ 3.97 1.87 $ 2.24 Granted — — — — Exercised — — — — Forfeited or expired — — — — Outstanding at March 31, 2023 604,498 $ 3.97 1.63 $ 2.24 Vested at March 31, 2023 604,498 $ 3.97 1.63 $ 2.24 A summary of the status of the Company’s outstanding stock purchase warrants for the three months ended March 31, 2023 is as follows: Warrants Weighted Average Outstanding at December 31, 2022 32,500 $ 15.82 Issued — — Exercised — — Forfeited — — Outstanding at March 31, 2023 32,500 $ 15.82 Liability Awards In August 2022, the Company issued certain stock awards classified as liabilities based on the guidance set forth at ASC 480-10-25 and ASC 718-10-25. These awards entitle the employees to receive an equity award with a specified dollar value of common stock on future dates ranging from June 15, 2023, through June 15, 2025. The awards generally vest over three years subject to the employee’s continued employment. The aggregate face value of these awards as of March 31, 2023 amounted to $3.7 million. The Company recognizes compensation expense for these awards over the requisite service period. The expense related to the liability awards for the period ended March 31, 2023 was $0.2 million; the corresponding liability is included in accrued liabilities and other long-term liabilities on the Company’s balance sheet as of March 31, 2023.

EARNINGS (LOSS) PER SHARE

EARNINGS (LOSS) PER SHARE	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
EARNINGS (LOSS) PER SHARE	EARNINGS (LOSS) PER SHARE The following table sets forth the composition of the weighted average shares (denominator) used in the basic and dilutive earnings per share computation for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, March 31, Net income (loss) $ (6,134) $ (5,177) Weighted average shares outstanding, basic 61,028 60,126 Effect of dilution — — Adjusted weighted average shares outstanding, dilutive 61,028 60,126 Basic earnings (loss) per share $ (0.10) $ (0.09) Dilutive earnings (loss) per share $ (0.10) $ (0.09) The following potentially outstanding restricted stock and stock options were excluded from the computation of diluted earnings per share because the effect would have been antidilutive: Three Months Ended March 31, March 31, Restricted stock 2,069 1,336 Stock options 43 393 Warrants — 819 Total 2,112 2,548

ACQUISITIONS

ACQUISITIONS	3 Months Ended
	Mar. 31, 2023
Business Combination and Asset Acquisition [Abstract]
ACQUISITIONS	ACQUISITIONS Our acquisition strategy is primarily to acquire (i) well-established, profitable hydroponic garden centers in markets where the Company does not have a market presence or in markets where it is increasing its market presence; and (ii) proprietary brands and private label brands. The Company accounts for acquisitions in accordance with ASC 805 “Business Combinations.” Assets acquired and liabilities assumed are recorded in the accompanying Condensed Consolidated Balance Sheets at their estimated fair values, as of the acquisition date. For all acquisitions, the preliminary allocation of purchase price was based upon the preliminary valuation, and the Company's estimates and assumptions are subject to change within the measurement period as valuations are finalized, not to exceed one year from the acquisition date. The Company has made adjustments to the preliminary valuations of the acquisitions based on valuation analyses prepared by independent third-party valuation consultants. There have been no measurement periods during the current year. During the three months ended March 31, 2022, our measurement period adjustments included increasing goodwill by $1.3 million offset with intangible assets. As a result of these measurement period adjustments, we made an insignificant reduction in amortization expense. All acquisition costs are expensed as incurred and recorded in general and administrative expenses in the Condensed Consolidated Statements of Operations. Acquisition during the three months ended March 31, 2023 The Company had no material acquisitions during the three months ended March 31, 2023. Acquisitions during 2022 On February 1, 2022, the Company purchased all of the assets of Horticultural Rep Group, Inc. ("HRG"), a specialty marketing and sales organization of horticultural products based in Ogden, Utah. The total consideration for the purchase of the assets of HRG was approximately $13.4 million, including $6.8 million in cash and common stock valued at $5.7 million. The Asset Purchase Agreement also provides for an indemnity holdback to be settled in common stock of the Company valued at $0.9 million. Acquired goodwill represents the value expected to rise from organic growth and an opportunity to expand into a well-established market for the Company. HRG is included in our Distribution and other segment. The table below represents the allocation of the purchase price to the acquired net assets during the three months ended March 31, 2022. HRG Inventory $ 4,170 Prepaids and other current assets 76 Furniture and equipment 148 Operating lease right of use asset 666 Operating lease liability (666) Customer relationships 2,430 Trademark 496 Non-compete 255 Goodwill 5,816 Total $ 13,391 The table below represents the consideration paid for the net assets acquired in business combinations during the three months ended March 31, 2022. HRG Cash $ 6,806 Indemnity stock holdback 875 Common stock 5,710 Total $ 13,391 The following table discloses the date of the acquisition noted above and the revenue and earnings included in the Condensed Consolidated Statement of Operations for the three months ended March 31, 2022. Revenue and earnings amounts include other proprietary brands now being included under HRG for operations. HRG Acquisition date February 1, 2022 Revenue $ 3,436 Net Income (loss) $ — The following represents the pro forma Condensed Consolidated Statement of Operations as if the acquisition had been included in the consolidated results of the Company for the entire period for the three months ended March 31, 2022. Three Months Ended March 31, 2022 Revenue $ 83,603 Net income (loss) $ (5,176)

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Legal Matters We are involved in lawsuits and claims which arise in the normal course of our business, including the initiation and defense of proceedings related to contract and employment disputes. In our opinion, these claims individually and in the aggregate are not expected to have a material adverse effect on our financial condition, results of operations or cash flows. In December 2021, the Company was sued in the U.S. District Court for the Southern District of Texas related to a Promissory Note & Asset Acquisition Rights Option (“Note & Option”) with TGC Systems, LLC (“Total Grow”). The case has been dismissed and the parties are currently engaged in arbitration pursuant to the arbitration clause of the Note & Option. Among other claims, Total Grow alleges that the Company is liable to Total Grow based on promissory estoppel and breach of contract for failing to consummate the acquisition of Total Grow by the Company. The Company believes that the claims against it are without merit and is vigorously defending against them. The Company is also counterclaiming for repayment of $1.5 million principal plus interest loaned by the Company to Total Grow pursuant to the Note & Option. The Company has accrued a reserve of $1.5 million against the Note & Option. There can be no assurance that future developments related to pending claims or claims filed in the future, whether as a result of adverse outcomes or as a result of significant defense costs, will not have a material effect on the Company’s financial condition, results of operations or cash flows. We believe that our assessment of contingencies is reasonable and that the related accruals, in the aggregate, are adequate; however, there can be no assurance that the final resolution of these matters will not have a material effect on our financial condition, results of operations or cash flows. Indemnifications In the ordinary course of its business, the Company makes certain indemnities under which it may be required to make payments in relation to certain transactions. As of March 31, 2023, the Company did not have any liabilities associated with indemnities. In addition, the Company, as permitted under Colorado law and in accordance with its amended and restated certificate of incorporation and amended and restated bylaws, in each case, as amended to date, indemnifies its officers and directors for certain events or occurrences, subject to certain limits, while the officer or director is or was serving at the Company’s request in such capacity. The duration of these indemnifications varies. The Company has a director and officer insurance policy that may enable it to recover a portion of any future amounts paid. The Company accrues for losses for any known contingent liability, including those that may arise from indemnification provisions, when future payment is probable. No such losses have been recorded to date.

SEGMENTS

SEGMENTS	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
SEGMENTS	SEGMENTS The Company has segmented its operations to reflect the manner in which management reviews and evaluates the results of its operations. The structure reflects the manner in which the chief operating decision maker regularly assesses information for decision-making purposes, including the allocation of resources. Shared services and other corporate costs are allocated to individual segments based on that segments profitability. Retail – The core of our business strategy is to operate the largest chain of retail garden centers in the U.S. The hydroponic retail landscape is fragmented, which allows us to acquire “best of breed” hydroponic retail operations and leverage efficiencies of a centralized organization. Some of our garden centers have multi-functions, with added capabilities that include warehousing, distribution and fulfillment for our online platforms and direct fulfillment to our commercial customers. Our retail segment also includes our commercial sales organization, which is focused on selling products and services, including end-to-end solutions, for large commercial cultivators outside of the physical retail network. When a commercial customers gain new cultivation licenses, they need lighting, benching, environmental control systems, irrigation, fertigation and other products to outfit their facilities. Existing facilities also need consumable products for operations, as well as equipment updates from time to time. Commercial customers typically purchase large dollar amounts and sizes of products. We offer commercial customers volume pricing, terms and financing. E-commerce – Our digital strategy is primarily focused on capturing the home, craft and commercial grower online. GrowGeneration.com offers thousands of hydroponic products, all curated by our product team. GrowGeneration.com offers customers the option to have their orders shipped directly to their locations, anywhere in North America. GrowGeneration also sells its products through its distribution website, HRGdist.com, and online marketplaces such as Amazon and Walmart. Distribution and other – In December 2020, GrowGeneration purchased the business of Canopy Crop Management Corp., the developer of the popular PowerSi line of monosilicic acid products, a widely used nutrient additive for plants. In March 2021, the Company purchased Charcoir, a line of premium coco pots, cubes and medium. In December 2021, the Company purchased the assets of Mobile Media, Inc. ("MMI"), a mobile shelving and storage solutions developer and manufacturer. In February 2022, the Company purchased the assets of Horticultural Rep Group, Inc. ("HRG"), a specialty marketing and sales organization of horticultural products. The Company is in the process of combining the operations and management of these non-retail enterprises. The products these companies provide are integrated into our retail, e-commerce, and direct sales activities and we receive incremental revenue from the sale of these products. Disaggregated revenue by segment is presented in the following table: Three Months Ended March 31, 2023 2022 Sales, net Retail Private label sales 6,601 7,096 Non-private label sales 32,800 57,200 Total retail 39,401 64,296 E-Commerce Private label sales 261 400 Non-private label sales 3,000 4,868 Total e-commerce 3,261 5,268 Distribution and other Private label sales 2,165 2,800 Non-private label sales 4,300 4,203 Commercial fixture sales 7,700 5,200 Total distribution and other 14,165 12,203 Total 56,827 81,767 Selected information by segment is presented in the following tables: Three Months Ended March 31, 2023 2022 Net sales Retail $ 39,401 $ 64,296 E-Commerce 3,261 5,268 Distribution and other 14,165 12,203 Total $ 56,827 $ 81,767 Three Months Ended March 31, 2023 2022 Gross profit Retail $ 10,737 $ 15,493 E-Commerce 862 1,745 Distribution and other 4,690 4,902 Total $ 16,289 $ 22,140 Three Months Ended March 31, 2023 2022 Income (Loss) from operations Retail $ (7,075) $ (7,183) E-Commerce (484) (432) Distribution and other (205) 394 Total $ (7,764) $ (7,221)

GENERAL (Policies)

GENERAL (Policies)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying interim unaudited Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. These statements should be read in conjunction with our Annual Report on Form 10-K for the fiscal year ended December 31, 2022 (“2022 Form 10-K”). There were no significant changes to our significant accounting policies as disclosed in our 2022 Form 10-K. The results of operations for our interim periods are not necessarily indicative of results for the full fiscal year. All amounts included in the accompanying footnotes to the consolidated financial statements, except share and per share data, are in thousands (000).
Reclassifications	Reclassifications Certain amounts in the prior period consolidated financial statements have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported consolidated net income.
Use of Estimates	Use of Estimates Management uses estimates and assumptions in preparing these consolidated financial statements in accordance with generally accepted accounting principles. These estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported revenues and expenses during the reporting period. Actual results could vary from the estimates that were used.
New Accounting Pronouncements	New Accounting Pronouncements From time to time, the Financial Accounting Standards Board (“FASB”) or other standard setting bodies issue new accounting pronouncements. Updates to the FASB Accounting Standards Codification (“ASC”) are communicated through issuance of an Accounting Standards Update (“ASU”). We have implemented all new accounting pronouncements that are in effect and that may impact our financial statements. We have evaluated recently issued accounting pronouncements and determined that there is no material impact on our financial position or results of operations. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments — Credit Losses (Topic 326),” changing the impairment model for most financial instruments by requiring companies to recognize an allowance for expected losses, rather than incurred losses as required currently by the other-than-temporary impairment model. The ASU will apply to most financial assets measured at amortized cost and certain other instruments, including trade and other receivables, loans, available-for-sale and held-to-maturity debt securities, net investments in leases, and off-balance sheet credit exposures. ASU No. 2016-13 was effective January 1, 2020. The Company has adopted this standard effective January 1, 2023. The adoption of this standard primarily applied to the valuation of the Company’s accounts receivable. Based on the composition of the Company’s accounts receivable, investment portfolio, and other financial assets, including current market conditions and historical credit loss activity, the adoption of this standard did not have a material impact on the Company’s consolidated financial statements or disclosures. Specifically, the Company’s estimate of expected credit losses as of March 31, 2023, using its expected credit loss evaluation process described above, resulted in no adjustments to the provision for credit losses and no cumulative-effect adjustment to accumulated deficit on the adoption date of the standard.

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of fair value of impaired notes receivable	Level March 31, December 31, Cash equivalents 1 $ 36,296 $ 25,087 Marketable securities 2 $ 9,126 $ 31,852

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	3 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Schedule of customer trade receivables and customer deposit liability	The opening and closing balances of the Company’s customer trade receivables and customer deposit liability are as follows: Receivables Customer Deposit Liability Opening balance, January 1, 2023 $ 8,336 $ 4,338 Closing balance, March 31, 2023 7,569 3,916 Increase (decrease) $ (767) $ (422) Opening balance, January 1, 2022 $ 5,741 $ 11,686 Closing balance, March 31, 2022 7,386 7,190 Increase (decrease) $ 1,645 $ (4,496)

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	3 Months Ended
	Mar. 31, 2023
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	March 31, December 31, Vehicles $ 2,482 $ 2,176 Building 2,121 2,121 Leasehold improvements 12,695 12,562 Furniture, fixtures and equipment 13,578 13,195 Capitalized software 2,761 2,644 Construction-in-progress 11,878 9,569 Total property and equipment, gross 45,515 42,267 Accumulated depreciation (15,241) (13,598) Property and equipment, net $ 30,274 $ 28,669

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	3 Months Ended
	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of goodwill	The changes in goodwill are as follows: March 31, 2023 December 31, Balance, beginning of period $ 15,978 $ 125,401 Goodwill additions and measurement period adjustments — 7,234 Impairment — (116,657) Balance, end of period $ 15,978 $ 15,978 The goodwill balance and impairment by segment are as follows: Retail E-commerce Distribution Total Gross carrying value at December 31, 2021 $ 101,811 $ 11,659 $ 11,931 $ 125,401 Acquisitions & measurement period adjustments 1,418 (341) 6,157 7,234 Gross carrying value at December 31, 2022 103,229 11,318 18,088 132,635 Acquisitions & measurement period adjustments — — — — Gross carrying value, at March 31, 2023 $ 103,229 $ 11,318 $ 18,088 $ 132,635 Accumulated impairment losses at December 31, 2021 $ — $ — $ — $ — Impairment (103,094) (9,848) (3,715) (116,657) Accumulated impairment losses at December 31, 2022 (103,094) (9,848) (3,715) (116,657) Impairment — — — — Accumulated impairment losses at March 31, 2023 $ (103,094) $ (9,848) $ (3,715) $ (116,657) Net carrying value at December 31, 2022 $ 135 $ 1,470 $ 14,373 $ 15,978 Net carrying value at March 31, 2023 $ 135 $ 1,470 $ 14,373 $ 15,978
Schedule of intangible assets	A summary of intangible assets is as follows: Weighted-Average Amortization Period of Intangible Assets as of March 31, 2023 (in years) Trade names 2.99 Patents 2.84 Customer relationships 4.26 Non-competes 1.65 Intellectual property 2.92 Total 3.13 Intangible assets consist of the following: March 31, 2023 Gross Accumulated Net Trade names $ 29,063 $ (12,160) $ 16,903 Patents 100 (60) 40 Customer relationships 17,102 (7,093) 10,009 Non-competes 932 (610) 322 Intellectual property 2,065 (860) 1,205 Total $ 49,262 $ (20,783) $ 28,479 December 31, 2022 Gross Accumulated Net Trade names $ 28,774 $ (10,693) $ 18,081 Patents 389 (56) 333 Customer relationships 17,102 (6,501) 10,601 Non-competes 932 (551) 381 Intellectual property 2,065 (758) 1,307 Total $ 49,262 $ (18,559) $ 30,703 Intangibles and impairment by segment are as follows: Retail E-commerce Distribution Total Gross carrying value at December 31, 2021 $ 37,825 $ 2,501 $ 16,698 $ 57,024 Acquisitions & measurement period adjustments 230 — 3,182 3,412 Gross carrying value at December 31, 2022 38,055 2,501 19,880 60,436 Acquisitions & measurement period adjustments — — — — Gross carrying value at March 31, 2023 $ 38,055 $ 2,501 $ 19,880 $ 60,436 Accumulated amortization at December 31, 2021 $ (6,285) $ (354) $ (1,983) $ (8,622) Amortization (5,897) (460) (3,580) (9,937) Accumulated amortization at December 31, 2022 (12,182) (814) (5,563) (18,559) Amortization (1,205) (112) (907) (2,224) Accumulated amortization at March 31, 2023 $ (13,387) $ (926) $ (6,470) $ (20,783) Accumulated impairment losses at December 31, 2021 $ — $ — $ — $ — Impairments (11,079) (95) — (11,174) Accumulated impairment losses at December 31, 2022 (11,079) (95) — (11,174) Impairments — — — — Accumulated impairment losses at March 31, 2023 $ (11,079) $ (95) $ — $ (11,174) Net carrying value at December 31, 2022 $ 14,794 $ 1,592 $ 14,317 $ 30,703 Net carrying value at March 31, 2023 $ 13,589 $ 1,480 $ 13,410 $ 28,479
Schedule of future amortization expense	2023, remainder $ 6,632 2024 8,726 2025 8,353 2026 3,589 2027 1,144 Thereafter 35 Total $ 28,479

LEASES (Tables)

LEASES (Tables)	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Schedule of lease balances within our condensed consolidated balance sheet	March 31, December 31, Right of use assets, operating lease assets $ 43,581 $ 46,433 Current lease liability $ 8,004 $ 8,131 Non-current lease liability 38,130 40,659 Total lease liability $ 46,134 $ 48,790
Schedule of other information related to leases	March 31, March 31, Weighted average remaining lease term 6.46 years 6.85 years Weighted average discount rate 5.8 % 5.5 %
Schedule of operating lease assets	Three Months Ended 2023 2022 Operating lease costs $ 2,893 $ 2,662 Variable lease costs 599 863 Short-term lease costs 167 126 Total operating lease costs $ 3,659 $ 3,651
Schedule of Operating Lease Liabilities Maturity	The following table presents the maturity of the Company’s operating lease liabilities as of March 31, 2023 : 2023 (remainder of the year) $ 7,887 2024 9,600 2025 8,731 2026 7,307 2027 5,414 Thereafter 16,671 Total lease payments 55,610 Less: Imputed interest (9,476) Lease Liability at March 31, 2023 $ 46,134

SHARE BASED PAYMENTS (Tables)

SHARE BASED PAYMENTS (Tables)	3 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
Schedule of share-based payment expense	The following table presents share-based payment expense for the three months ended March 31, 2023 and 2022: Three months ended March 31, 2023 2022 Restricted stock $ 567 $ 1,201 Stock options — 43 Warrants — 339 Total $ 567 $ 1,583
Schedule of company’s outstanding stock purchase warrants	Restricted stock activity for the three months ended March 31, 2023 is presented in the following table: Shares Weighted Average Grant Date Fair Value Nonvested, December 31, 2022 614,875 $ 9.41 Granted 263,000 $ 5.35 Vested (39,416) $ 10.27 Forfeited (164,500) $ 2.36 Nonvested, March 31, 2023 673,959 $ 7.97
Schedule of company’s outstanding stock purchase warrants	The table below summarizes all option activity under all plans during the three months ended March 31, 2023: Options Shares Weighted - Weighted - Weighted - Outstanding at December 31, 2022 604,498 $ 3.97 1.87 $ 2.24 Granted — — — — Exercised — — — — Forfeited or expired — — — — Outstanding at March 31, 2023 604,498 $ 3.97 1.63 $ 2.24 Vested at March 31, 2023 604,498 $ 3.97 1.63 $ 2.24
Schedule of company’s outstanding stock purchase warrants	A summary of the status of the Company’s outstanding stock purchase warrants for the three months ended March 31, 2023 is as follows: Warrants Weighted Average Outstanding at December 31, 2022 32,500 $ 15.82 Issued — — Exercised — — Forfeited — — Outstanding at March 31, 2023 32,500 $ 15.82

EARNINGS (LOSS) PER SHARE (Tabl

EARNINGS (LOSS) PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Schedule of weighted average shares (denominator) used in the basic and dilutive earnings per share	The following table sets forth the composition of the weighted average shares (denominator) used in the basic and dilutive earnings per share computation for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, March 31, Net income (loss) $ (6,134) $ (5,177) Weighted average shares outstanding, basic 61,028 60,126 Effect of dilution — — Adjusted weighted average shares outstanding, dilutive 61,028 60,126 Basic earnings (loss) per share $ (0.10) $ (0.09) Dilutive earnings (loss) per share $ (0.10) $ (0.09)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following potentially outstanding restricted stock and stock options were excluded from the computation of diluted earnings per share because the effect would have been antidilutive: Three Months Ended March 31, March 31, Restricted stock 2,069 1,336 Stock options 43 393 Warrants — 819 Total 2,112 2,548

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	3 Months Ended
	Mar. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule of purchase price	The table below represents the allocation of the purchase price to the acquired net assets during the three months ended March 31, 2022. HRG Inventory $ 4,170 Prepaids and other current assets 76 Furniture and equipment 148 Operating lease right of use asset 666 Operating lease liability (666) Customer relationships 2,430 Trademark 496 Non-compete 255 Goodwill 5,816 Total $ 13,391 The table below represents the consideration paid for the net assets acquired in business combinations during the three months ended March 31, 2022. HRG Cash $ 6,806 Indemnity stock holdback 875 Common stock 5,710 Total $ 13,391
Schedule of revenue and earnings included in consolidated income statement	The following table discloses the date of the acquisition noted above and the revenue and earnings included in the Condensed Consolidated Statement of Operations for the three months ended March 31, 2022. Revenue and earnings amounts include other proprietary brands now being included under HRG for operations. HRG Acquisition date February 1, 2022 Revenue $ 3,436 Net Income (loss) $ —
Schedule of proforma consolidated income statement	The following represents the pro forma Condensed Consolidated Statement of Operations as if the acquisition had been included in the consolidated results of the Company for the entire period for the three months ended March 31, 2022. Three Months Ended March 31, 2022 Revenue $ 83,603 Net income (loss) $ (5,176)

SEGMENTS (Tables)

SEGMENTS (Tables)	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Schedule of disaggregation of revenues	Disaggregated revenue by segment is presented in the following table: Three Months Ended March 31, 2023 2022 Sales, net Retail Private label sales 6,601 7,096 Non-private label sales 32,800 57,200 Total retail 39,401 64,296 E-Commerce Private label sales 261 400 Non-private label sales 3,000 4,868 Total e-commerce 3,261 5,268 Distribution and other Private label sales 2,165 2,800 Non-private label sales 4,300 4,203 Commercial fixture sales 7,700 5,200 Total distribution and other 14,165 12,203 Total 56,827 81,767
Schedule of Segment Reporting Information, by Segment	Selected information by segment is presented in the following tables: Three Months Ended March 31, 2023 2022 Net sales Retail $ 39,401 $ 64,296 E-Commerce 3,261 5,268 Distribution and other 14,165 12,203 Total $ 56,827 $ 81,767 Three Months Ended March 31, 2023 2022 Gross profit Retail $ 10,737 $ 15,493 E-Commerce 862 1,745 Distribution and other 4,690 4,902 Total $ 16,289 $ 22,140 Three Months Ended March 31, 2023 2022 Income (Loss) from operations Retail $ (7,075) $ (7,183) E-Commerce (484) (432) Distribution and other (205) 394 Total $ (7,764) $ (7,221)

GENERAL - Narrative (Details)

GENERAL - Narrative (Details)	Mar. 31, 2023 state store
Accounting Policies [Abstract]
Number of stores | store	59
Number of states in which entity operates | state	16

FAIR VALUE MEASUREMENTS - Sched

FAIR VALUE MEASUREMENTS - Schedule of fair value of impaired notes receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Marketable securities	$ 9,126	$ 31,852
Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	36,296	25,087
Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Marketable securities	$ 9,126	$ 31,852

REVENUE RECOGNITION - Schedule

REVENUE RECOGNITION - Schedule of customer trade receivables and customer deposit liability (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Receivables
Revenue Recognition, Customer Deposits [Roll Forward]
Opening balance	$ 8,336	$ 5,741
Closing balance	7,569	7,386
Increase (decrease)	(767)	1,645
Customer Deposit Liability
Revenue Recognition, Customer Deposits [Roll Forward]
Opening balance	4,338	11,686
Closing balance	3,916	7,190
Increase (decrease)	$ (422)	$ (4,496)

REVENUE RECOGNITION - Narrative

REVENUE RECOGNITION - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue recognized from contract with customer liability	$ 2.3	$ 7.6

PROPERTY AND EQUIPMENT - Schedu

PROPERTY AND EQUIPMENT - Schedule of property and equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	$ 45,515	$ 42,267
Accumulated depreciation	(15,241)	(13,598)
Property and equipment, net	30,274	28,669
Vehicles
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	2,482	2,176
Building
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	2,121	2,121
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	12,695	12,562
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	13,578	13,195
Capitalized software
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	2,761	2,644
Construction-in-progress
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	$ 11,878	$ 9,569

PROPERTY AND EQUIPMENT - Narrat

PROPERTY AND EQUIPMENT - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 1.7	$ 1.8

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS (Details) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023 USD ($) reportingUnit	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Number of reporting units	4
Number of reporting units subject to a quantitative assessment	3
Amortization expense | $	$ 2,224	$ 2,700	$ 9,937

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS - Schedule of goodwill (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Goodwill [Roll Forward]
Balance, beginning of period	$ 15,978	$ 125,401
Goodwill additions and measurement period adjustments	0	7,234
Impairment	0	(116,657)
Balance, end of period	$ 15,978	$ 15,978

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS - Schedule of goodwill and impairment (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Roll Forward]
Beginning balance	$ 132,635	$ 125,401
Acquisitions & measurement period adjustments	0	7,234
Ending balance	132,635	132,635
Goodwill, Impairment [Roll Forward]
Beginning balance	(116,657)	0
Impairment	0	(116,657)
Ending balance	(116,657)	(116,657)
Net carrying value	15,978	15,978	$ 125,401
Retail
Goodwill [Roll Forward]
Beginning balance	103,229	101,811
Acquisitions & measurement period adjustments	0	1,418
Ending balance	103,229	103,229
Goodwill, Impairment [Roll Forward]
Beginning balance	(103,094)	0
Impairment	0	(103,094)
Ending balance	(103,094)	(103,094)
Net carrying value	135	135
E-Commerce
Goodwill [Roll Forward]
Beginning balance	11,318	11,659
Acquisitions & measurement period adjustments	0	(341)
Ending balance	11,318	11,318
Goodwill, Impairment [Roll Forward]
Beginning balance	(9,848)	0
Impairment	0	(9,848)
Ending balance	(9,848)	(9,848)
Net carrying value	1,470	1,470
Distribution and other
Goodwill [Roll Forward]
Beginning balance	18,088	11,931
Acquisitions & measurement period adjustments	0	6,157
Ending balance	18,088	18,088
Goodwill, Impairment [Roll Forward]
Beginning balance	(3,715)	0
Impairment	0	(3,715)
Ending balance	(3,715)	(3,715)
Net carrying value	$ 14,373	$ 14,373

GOODWILL AND INTANGIBLE ASSET_5

GOODWILL AND INTANGIBLE ASSETS - Schedule of intangible assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Weighted-average amortization period of intangible assets	3 years 1 month 17 days
Gross Carrying Amount	$ 49,262	$ 49,262
Accumulated Amortization	(20,783)	(18,559)	$ (8,622)
Total	$ 28,479	30,703
Trade names
Finite-Lived Intangible Assets [Line Items]
Weighted-average amortization period of intangible assets	2 years 11 months 26 days
Gross Carrying Amount	$ 29,063	28,774
Accumulated Amortization	(12,160)	(10,693)
Total	$ 16,903	18,081
Patents
Finite-Lived Intangible Assets [Line Items]
Weighted-average amortization period of intangible assets	2 years 10 months 2 days
Gross Carrying Amount	$ 100	389
Accumulated Amortization	(60)	(56)
Total	$ 40	333
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Weighted-average amortization period of intangible assets	4 years 3 months 3 days
Gross Carrying Amount	$ 17,102	17,102
Accumulated Amortization	(7,093)	(6,501)
Total	$ 10,009	10,601
Non-competes
Finite-Lived Intangible Assets [Line Items]
Weighted-average amortization period of intangible assets	1 year 7 months 24 days
Gross Carrying Amount	$ 932	932
Accumulated Amortization	(610)	(551)
Total	$ 322	381
Intellectual property
Finite-Lived Intangible Assets [Line Items]
Weighted-average amortization period of intangible assets	2 years 11 months 1 day
Gross Carrying Amount	$ 2,065	2,065
Accumulated Amortization	(860)	(758)
Total	$ 1,205	$ 1,307

GOODWILL AND INTANGIBLE ASSET_6

GOODWILL AND INTANGIBLE ASSETS - Schedule of intangible assets and impairment (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Finite Lived Intangible Assets Acquired And Purchase Accounting Adjustments [Roll Forward]
Beginning balance	$ 60,436	$ 57,024	$ 57,024
Acquisitions & measurement period adjustments	0		3,412
Ending balance	60,436		60,436
Finite-Lived Intangible Assets, Accumulated Amortization [Roll Forward]
Beginning balance	(18,559)	(8,622)	(8,622)
Amortization	(2,224)	(2,700)	(9,937)
Ending balance	(20,783)		(18,559)
Finite-Lived Intangible Assets, Accumulated Impairment [Roll Forward]
Beginning balance	(11,174)	0	0
Impairments	0		(11,174)
Ending balance	(11,174)		(11,174)
Total	28,479		30,703
Retail
Finite Lived Intangible Assets Acquired And Purchase Accounting Adjustments [Roll Forward]
Beginning balance	38,055	37,825	37,825
Acquisitions & measurement period adjustments	0		230
Ending balance	38,055		38,055
Finite-Lived Intangible Assets, Accumulated Amortization [Roll Forward]
Beginning balance	(12,182)	(6,285)	(6,285)
Amortization	(1,205)		(5,897)
Ending balance	(13,387)		(12,182)
Finite-Lived Intangible Assets, Accumulated Impairment [Roll Forward]
Beginning balance	(11,079)	0	0
Impairments	0		(11,079)
Ending balance	(11,079)		(11,079)
Total	13,589		14,794
E-Commerce
Finite Lived Intangible Assets Acquired And Purchase Accounting Adjustments [Roll Forward]
Beginning balance	2,501	2,501	2,501
Acquisitions & measurement period adjustments	0		0
Ending balance	2,501		2,501
Finite-Lived Intangible Assets, Accumulated Amortization [Roll Forward]
Beginning balance	(814)	(354)	(354)
Amortization	(112)		(460)
Ending balance	(926)		(814)
Finite-Lived Intangible Assets, Accumulated Impairment [Roll Forward]
Beginning balance	(95)	0	0
Impairments	0		(95)
Ending balance	(95)		(95)
Total	1,480		1,592
Distribution and other
Finite Lived Intangible Assets Acquired And Purchase Accounting Adjustments [Roll Forward]
Beginning balance	19,880	16,698	16,698
Acquisitions & measurement period adjustments	0		3,182
Ending balance	19,880		19,880
Finite-Lived Intangible Assets, Accumulated Amortization [Roll Forward]
Beginning balance	(5,563)	(1,983)	(1,983)
Amortization	(907)		(3,580)
Ending balance	(6,470)		(5,563)
Finite-Lived Intangible Assets, Accumulated Impairment [Roll Forward]
Beginning balance	0	$ 0	0
Impairments	0		0
Ending balance	0		0
Total	$ 13,410		$ 14,317

GOODWILL AND INTANGIBLE ASSET_7

GOODWILL AND INTANGIBLE ASSETS - Schedule of future amortization expense (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
2023, remainder	$ 6,632
2024	8,726
2025	8,353
2026	3,589
2027	1,144
Thereafter	35
Total	$ 28,479	$ 30,703

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Effective tax rate	0%	24.02%

LEASES - Narrative (Details)

LEASES - Narrative (Details)	Mar. 31, 2023
Minimum
Leases (Details) [Line Items]
Operating lease remaining lease term	1 year
Operating lease extension term	3 years
Maximum
Leases (Details) [Line Items]
Operating lease remaining lease term	10 years
Operating lease extension term	5 years

LEASES - Schedule of lease bala

LEASES - Schedule of lease balances within our condensed consolidated balance sheet (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Right of use assets, operating lease assets	$ 43,581	$ 46,433
Current lease liability	8,004	8,131
Non-current lease liability	38,130	40,659
Total	$ 46,134	$ 48,790

LEASES - Schedule of other info

LEASES - Schedule of other information related to leases (Details)	Mar. 31, 2023	Mar. 31, 2022
Leases [Abstract]
Weighted average remaining lease term	6 years 5 months 15 days	6 years 10 months 6 days
Weighted average discount rate	5.80%	5.50%

LEASES - Schedule of operating

LEASES - Schedule of operating lease assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Leases [Abstract]
Operating lease costs	$ 2,893	$ 2,662
Variable lease costs	599	863
Short-term lease costs	167	126
Total operating lease costs	$ 3,659	$ 3,651

LEASES - Schedule of future min

LEASES - Schedule of future minimum rental payments (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Leases [Abstract]
2023 (remainder of the year)	$ 7,887
2024	9,600
2025	8,731
2026	7,307
2027	5,414
Thereafter	16,671
Total lease payments	55,610
Less: Imputed interest	(9,476)
Lease Liability at March 31, 2023	$ 46,134	$ 48,790

SHARE BASED PAYMENTS - Schedule

SHARE BASED PAYMENTS - Schedule of share-based payment expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Share Based Payments and Stock Options (Details) - Schedule of share-based payment expense [Line Items]
Total	$ 567	$ 1,583
Warrants
Share Based Payments and Stock Options (Details) - Schedule of share-based payment expense [Line Items]
Total	0	339
Restricted stock
Share Based Payments and Stock Options (Details) - Schedule of share-based payment expense [Line Items]
Total	567	1,201
Stock options
Share Based Payments and Stock Options (Details) - Schedule of share-based payment expense [Line Items]
Total	$ 0	$ 43

SHARE BASED PAYMENTS (Details)

SHARE BASED PAYMENTS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Share Based Payments and Stock Options (Details) [Line Items]
Stock-based compensation expense	$ 567	$ 1,583
Liability Awards
Share Based Payments and Stock Options (Details) [Line Items]
Award vesting period	3 years
Aggregate face value of awards	$ 3,700
Stock-based compensation expense	200
Option
Share Based Payments and Stock Options (Details) [Line Items]
Unamortized share-based compensation	$ 7,800
Weighted average period	2 years 8 months 12 days
Common Stock Warrants
Share Based Payments and Stock Options (Details) [Line Items]
Stock-based compensation expense	$ 0	$ 339

SHARE BASED PAYMENTS - Restrict

SHARE BASED PAYMENTS - Restricted Stock Activity (Details) - Restricted stock	3 Months Ended
	Mar. 31, 2023 $ / shares shares
Shares
Nonvested, beginning balance (in shares) | shares	614,875
Granted (in shares) | shares	263,000
Vested (in shares) | shares	(39,416)
Forfeited (in shares) | shares	(164,500)
Nonvested, ending balance (in shares) | shares	673,959
Weighted Average Grant Date Fair Value
Nonvested, beginning balance (in dollars per share) | $ / shares	$ 9.41
Granted (in dollars per share) | $ / shares	5.35
Vested (in dollars per share) | $ / shares	10.27
Forfeited (in dollars per share) | $ / shares	2.36
Nonvested, ending balance (in dollars per share) | $ / shares	$ 7.97

SHARE BASED PAYMENTS - Schedu_2

SHARE BASED PAYMENTS - Schedule of stock options (Details) - $ / shares	3 Months Ended	6 Months Ended
	Mar. 31, 2023	Jun. 30, 2022
Shares
Beginning balance, Outstanding (in shares)	604,498
Granted (in shares)	0
Exercised (in shares)	0
Forfeited or expired (in shares)	0
Ending balance, Outstanding (in shares)	604,498
Weighted - Average Exercise Price
Weighted - Average Exercise Price, Outstanding beginning balance (in dollars per share)	$ 3.97
Weighted - Average Exercise Price, Granted (in dollars per share)	0
Weighted - Average Exercise Price, Exercised (in dollars per share)	0
Weighted - Average Exercise Price, Forfeited or expired (in dollars per share)	0
Weighted - Average Exercise Price, Outstanding ending balance (in dollars per share)	$ 3.97
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Weighted - Average Remaining Contractual Term, Outstanding beginning		1 year 10 months 13 days
Weighted - Average Remaining Contractual Term, Outstanding ending	1 year 7 months 17 days
Weighted - Average Grant Date Fair Value, Outstanding beginning balance (in dollars per share)	$ 2.24
Weighted - Average Grant Date Fair Value, Granted (in dollars per share)	0
Weighted - Average Grant Date Fair Value, Exercised (in dollars per share)	0
Weighted - Average Grant Date Fair Value, Forfeited or expired (in dollars per share)	0
Weighted - Average Grant Date Fair Value Outstanding ending balance (in dollars per share)	$ 2.24
Options Vested (in shares)	604,498
Weighted - Average Exercise Price, Vested (in dollars per share)	$ 3.97
Weighted - Average Remaining Contractual Term, Vested	1 year 7 months 17 days
Weighted - Average Grant Date Fair Value, Options Vested (in dollars per share)	$ 2.24

SHARE BASED PAYMENTS - Schedu_3

SHARE BASED PAYMENTS - Schedule of company’s outstanding stock purchase warrants (Details)	3 Months Ended
	Mar. 31, 2023 $ / shares shares
Warrants
Outstanding, beginning balance (in shares) | shares	32,500
Issued (in shares) | shares	0
Exercised (in shares) | shares	0
Forfeited (in shares) | shares	0
Outstanding, ending balance (in shares) | shares	32,500
Weighted Average Exercise Price
Weighted Average Exercise Price Outstanding, beginning (in dollars per share) | $ / shares	$ 15.82
Weighted Average Exercise Price, Issued (in dollars per share) | $ / shares	0
Weighted Average Exercise Price, Exercised (in dollars per share) | $ / shares	0
Weighted Average Exercise Price, Forfeited (in dollars per share) | $ / shares	0
Weighted Average Exercise Price Outstanding, ending (in dollars per share) | $ / shares	$ 15.82

EARNINGS (LOSS) PER SHARE - Sch

EARNINGS (LOSS) PER SHARE - Schedule of weighted average shares (denominator) used in the basic and dilutive earnings per share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Earnings Per Share [Abstract]
Net income (loss)	$ (6,134)	$ (5,177)
Weighted average shares outstanding, basic (in shares)	61,028	60,126
Effect of dilution (in shares)	0	0
Adjusted weighted average shares outstanding, dilutive (in shares)	61,028	60,126
Basic earnings (loss) per share (in dollars per share)	$ (0.10)	$ (0.09)
Dilutive earnings (loss) per share (in dollars per share)	$ (0.10)	$ (0.09)

EARNINGS (LOSS) PER SHARE - S_2

EARNINGS (LOSS) PER SHARE - Schedule of antidilutive securities excluded from the computation of earnings per share (Details) - shares shares in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	2,112	2,548
Restricted stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	2,069	1,336
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	43	393
Warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	0	819

ACQUISITIONS - Narrative (Detai

ACQUISITIONS - Narrative (Details) - USD ($) $ in Thousands		3 Months Ended
	Feb. 01, 2022	Mar. 31, 2022
Acquisitions (Details) - Schedule of revenue and earnings included in consolidated income statement [Line Items]
Goodwill, purchase accounting adjustments		$ 1,300
HRG
Acquisitions (Details) - Schedule of revenue and earnings included in consolidated income statement [Line Items]
Consideration for purchase	$ 13,400
Cash consideration for purchase	6,800
Equity consideration for purchase	5,700
Indemnity stock holdback	$ 900	$ 875

ACQUISITIONS - Schedule of purc

ACQUISITIONS - Schedule of purchase price (Details) - HRG $ in Thousands	Mar. 31, 2022 USD ($)
Business Acquisition, Contingent Consideration [Line Items]
Inventory	$ 4,170
Prepaids and other current assets	76
Furniture and equipment	148
Operating lease right of use asset	666
Operating lease liability	(666)
Customer relationships	2,430
Trademark	496
Non-compete	255
Goodwill	5,816
Total	$ 13,391

ACQUISITIONS - Schedule of cons

ACQUISITIONS - Schedule of consideration paid (Details) - HRG - USD ($) $ in Thousands	Mar. 31, 2022	Feb. 01, 2022
Business Acquisition, Contingent Consideration [Line Items]
Cash	$ 6,806
Indemnity stock holdback	875	$ 900
Common stock	5,710
Total	$ 13,391

ACQUISITIONS - Schedule of reve

ACQUISITIONS - Schedule of revenue and earnings included in consolidated income statement (Details) - HRG $ in Thousands	3 Months Ended
	Mar. 31, 2022 USD ($)
Acquisitions (Details) - Schedule of revenue and earnings included in consolidated income statement [Line Items]
Acquisition date	Feb. 01, 2022
Revenue	$ 3,436
Net Income (loss)	$ 0

ACQUISITIONS - Schedule of pro

ACQUISITIONS - Schedule of pro forma consolidated income statement (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2022 USD ($)
Business Combination and Asset Acquisition [Abstract]
Revenue	$ 83,603
Net income (loss)	$ (5,176)

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Loss Contingencies [Line Items]
Notes receivable	$ 0	$ 1,214
Notes receivable, allowance for credit loss, current	1,700	$ 1,300
GrowGeneration Corp. vs TGC Systems, LLC | Pending Litigation
Loss Contingencies [Line Items]
Notes receivable			$ 1,500
Notes receivable, allowance for credit loss, current	$ 1,500

SEGMENTS - Schedule of Disaggre

SEGMENTS - Schedule of Disaggregation of Revenues (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting Information [Line Items]
Sales, net	$ 56,827	$ 81,767
Retail
Segment Reporting Information [Line Items]
Sales, net	39,401	64,296
Retail | Private label sales
Segment Reporting Information [Line Items]
Sales, net	6,601	7,096
Retail | Non-private label sales
Segment Reporting Information [Line Items]
Sales, net	32,800	57,200
E-Commerce
Segment Reporting Information [Line Items]
Sales, net	3,261	5,268
E-Commerce | Private label sales
Segment Reporting Information [Line Items]
Sales, net	261	400
E-Commerce | Non-private label sales
Segment Reporting Information [Line Items]
Sales, net	3,000	4,868
Distribution and other
Segment Reporting Information [Line Items]
Sales, net	14,165	12,203
Distribution and other | Private label sales
Segment Reporting Information [Line Items]
Sales, net	2,165	2,800
Distribution and other | Non-private label sales
Segment Reporting Information [Line Items]
Sales, net	4,300	4,203
Distribution and other | Commercial fixture sales
Segment Reporting Information [Line Items]
Sales, net	$ 7,700	$ 5,200

SEGMENTS - Schedule of Segment

SEGMENTS - Schedule of Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting Information [Line Items]
Net sales	$ 56,827	$ 81,767
Gross profit	16,289	22,140
Income (Loss) from operations	(7,764)	(7,221)
Retail
Segment Reporting Information [Line Items]
Net sales	39,401	64,296
Gross profit	10,737	15,493
Income (Loss) from operations	(7,075)	(7,183)
E-Commerce
Segment Reporting Information [Line Items]
Net sales	3,261	5,268
Gross profit	862	1,745
Income (Loss) from operations	(484)	(432)
Distribution and other
Segment Reporting Information [Line Items]
Net sales	14,165	12,203
Gross profit	4,690	4,902
Income (Loss) from operations	$ (205)	$ 394