2024 Q1 Form 10-K Financial Statement

#000156215124000011 Filed on March 19, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $15.93M $21.43M $72.40M
YoY Change 4.66% 2.78% -2.48%
Cost Of Revenue $8.234M $11.71M $38.72M
YoY Change -0.64% 5.83% -6.6%
Gross Profit $7.696M $9.726M $33.68M
YoY Change 10.99% -0.66% 2.72%
Gross Profit Margin 48.31% 45.38% 46.52%
Selling, General & Admin $8.591M $7.354M $31.67M
YoY Change 10.45% -1.05% 3.78%
% of Gross Profit 111.63% 75.61% 94.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.731M $1.911M $6.155M
YoY Change 14.86% 7.0% -14.82%
% of Gross Profit 22.49% 19.65% 18.27%
Operating Expenses $8.591M $7.785M $31.67M
YoY Change 10.45% -0.29% 3.78%
Operating Profit -$1.106M $1.941M $1.975M
YoY Change 23.85% -2.12% 0.3%
Interest Expense $240.0K -$254.0K $826.0K
YoY Change -7.34% -5.93% -10.8%
% of Operating Profit -13.09% 41.82%
Other Income/Expense, Net $230.0K $354.0K $2.297M
YoY Change 460.98% 33.58% -549.51%
Pretax Income -$876.0K $2.040M $4.272M
YoY Change 2.82% 11.6% 193.0%
Income Tax -$243.0K $562.0K $1.149M
% Of Pretax Income 27.55% 26.9%
Net Earnings -$633.0K $1.478M $3.123M
YoY Change 3.43% 10.22% 189.97%
Net Earnings / Revenue -3.97% 6.9% 4.31%
Basic Earnings Per Share -$0.03 $0.15
Diluted Earnings Per Share -$0.03 $0.07 $0.15
COMMON SHARES
Basic Shares Outstanding 20.87M shares 21.11M shares 21.31M shares
Diluted Shares Outstanding 20.94M shares 21.31M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.37M $30.78M $30.78M
YoY Change -24.12% -17.65% -17.65%
Cash & Equivalents $22.62M $22.78M $22.78M
Short-Term Investments $2.750M $8.002M $8.002M
Other Short-Term Assets $2.149M $2.059M $2.059M
YoY Change -0.28% 24.56% 25.78%
Inventory $58.15M $58.09M $58.09M
Prepaid Expenses
Receivables $6.954M $7.685M $7.685M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $92.62M $98.62M $98.62M
YoY Change -1.14% 1.05% 1.05%
LONG-TERM ASSETS
Property, Plant & Equipment $115.1M $116.5M $116.5M
YoY Change 1.95% 2.68% 2.68%
Goodwill $1.262M $1.262M
YoY Change 0.0% 0.0%
Intangibles $5.421M $5.750M
YoY Change -11.81% -11.28%
Long-Term Investments
YoY Change
Other Assets $154.0K $161.0K $450.0K
YoY Change 258.14% 187.5% 3361.54%
Total Long-Term Assets $121.8M $123.5M $123.5M
YoY Change 1.23% 1.9% 1.9%
TOTAL ASSETS
Total Short-Term Assets $92.62M $98.62M $98.62M
Total Long-Term Assets $121.8M $123.5M $123.5M
Total Assets $214.4M $222.1M $222.1M
YoY Change 0.19% 1.52% 1.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.449M $7.524M $7.524M
YoY Change -2.12% 46.95% 46.95%
Accrued Expenses $4.480M $5.319M $5.319M
YoY Change -5.27% -16.1% -16.1%
Deferred Revenue $1.000M $700.0K
YoY Change 11.11% 75.0%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.129M $1.129M $1.129M
YoY Change 0.09% 0.09% 0.09%
Total Short-Term Liabilities $9.016M $14.64M $14.64M
YoY Change -2.13% 12.77% 12.77%
LONG-TERM LIABILITIES
Long-Term Debt $16.26M $16.54M $16.54M
YoY Change -6.5% -6.39% -6.39%
Other Long-Term Liabilities $9.000K $9.000K $9.000K
YoY Change 0.0% 0.0% 0.0%
Total Long-Term Liabilities $18.77M $19.29M $16.55M
YoY Change 2.77% 2.73% -6.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.016M $14.64M $14.64M
Total Long-Term Liabilities $18.77M $19.29M $16.55M
Total Liabilities $27.78M $33.93M $33.93M
YoY Change 1.12% 6.84% 6.84%
SHAREHOLDERS EQUITY
Retained Earnings -$92.39M -$90.72M
YoY Change 0.58% -0.58%
Common Stock $209.0K $210.0K
YoY Change -2.34% -1.87%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $186.6M $188.2M $188.2M
YoY Change
Total Liabilities & Shareholders Equity $214.4M $222.1M $222.1M
YoY Change 0.19% 1.52% 1.52%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$633.0K $1.478M $3.123M
YoY Change 3.43% 10.22% 189.97%
Depreciation, Depletion And Amortization $1.731M $1.911M $6.155M
YoY Change 14.86% 7.0% -14.82%
Cash From Operating Activities -$3.657M $3.273M $5.953M
YoY Change 13.93% -318.78% -20.55%
INVESTING ACTIVITIES
Capital Expenditures $467.0K $1.588M $9.048M
YoY Change -1.27% -60.38% 19.48%
Acquisitions
YoY Change
Other Investing Activities $5.288M $3.006M $3.906M
YoY Change -143.59% 194.71% 229.34%
Cash From Investing Activities $4.821M $1.418M -$5.142M
YoY Change -138.25% -147.46% -19.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.599M
YoY Change -62.87%
Debt Paid & Issued, Net $285.0K $1.140M
YoY Change 0.0% 0.0%
Cash From Financing Activities -$1.326M -1.219M -$3.739M
YoY Change 360.42% -78.27% -54.03%
NET CHANGE
Cash From Operating Activities -$3.657M 3.273M $5.953M
Cash From Investing Activities $4.821M 1.418M -$5.142M
Cash From Financing Activities -$1.326M -1.219M -$3.739M
Net Change In Cash -$162.0K 3.472M -$2.928M
YoY Change -98.99% -134.4% -58.33%
FREE CASH FLOW
Cash From Operating Activities -$3.657M $3.273M $5.953M
Capital Expenditures $467.0K $1.588M $9.048M
Free Cash Flow -$4.124M $1.685M -$3.095M
YoY Change 11.97% -130.61% 3768.75%

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12500000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9048000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7573000 usd
CY2023 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
16000 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
27000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
54000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5142000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6387000 usd
CY2023 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1140000 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1140000 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2599000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6993000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3739000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-8133000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2928000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7027000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25705000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32732000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22777000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25705000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
1006000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
1118000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
12000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
10000 usd
CY2023 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
137000 usd
CY2022 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-51000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
210000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
709000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
3123000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
137000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
497000 usd
CY2023 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2599000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
188158000 usd
CY2023 us-gaap Nature Of Operations
NatureOfOperations
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Nature of Operations</span><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Crimson is in the business of producing and selling luxury wines (i.e., wines that retail for over $16 per 750ml bottle). Crimson is headquartered in Napa, California and through its wholly-owned subsidiaries owns seven primary wine estates and brands: Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon, Seven Hills Winery, and Malene Wines. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pine Ridge Vineyards was acquired in 1991 and has been conducting operations since 1978. Pine Ridge Vineyards owns 154 acres of estate vineyards in five Napa Valley, California appellations – Stags Leap District, Rutherford, Oakville, Carneros and Howell Mountain. Approximately 141 acres are currently planted. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Archery Summit was created by Crimson in 1993. Archery Summit owns 92 acres of estate vineyards in the Willamette Valley, Oregon. Approximately 71 acres are currently planted. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Double Canyon produced the first wines bottled under the Double Canyon brand name starting with the 2010 vintage. In September 2017, Double Canyon completed construction of a 47,000 square-foot wine production facility in West Richland, Washington.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Chamisal Vineyards was acquired in 2008 and has been conducting operations since 1973. Chamisal Vineyards owns 92 acres of vineyards in the Edna Valley, California, of which 52 acres are currently planted.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Seghesio Family Vineyards was acquired in 2011 and has been conducting operations since 1895. Seghesio Family Vineyards owns 308 acres of vineyards in two Sonoma County, California appellations, the Alexander Valley and Russian River Valley, of which approximately 287 acres are currently planted.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Seven Hills Winery, which has been conducting operations since 1988, was acquired in January 2016 and is located in Walla Walla, Washington. Seven Hills Winery owns 74 acres of estate vineyards in the Walla Walla Valley, Washington. Approximately 53 acres are currently planted.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Malene Wines was created by Crimson in 2016. Malene wines has certain estate acres within the Chamisal Vineyards property and its wines are produced at the Chamisal winemaking facility. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Crimson’s revenue model is a combination of direct to consumer and wholesale distributor sales. The Company’s wines are available through many principal retail channels for premium table wines, including fine wine restaurants, hotels, specialty shops, supermarkets and club stores, in all states domestically and in over 30 countries throughout the world. In addition, Crimson’s wines are available, where legal, via Ecommerce sites and social media platforms from the wine estates and third party websites and social media platforms.</span></div>
CY2023 cwgl Price Per Bottle Low Range
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16 usd
CY2023 cwgl Number Of Wineries Owned
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7 winery
CY2023 cwgl Number Of Countries Where Wine Is Available
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30 country
CY2023 us-gaap Debt Securities Gain Loss
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0 usd
CY2022 us-gaap Debt Securities Gain Loss
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CY2023 us-gaap Inventory Write Down
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CY2022 us-gaap Inventory Write Down
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1400000 usd
CY2023Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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CY2022 us-gaap Asset Impairment Charges
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CY2023 us-gaap Asset Impairment Charges
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CY2023Q4 us-gaap Short Term Investments
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CY2022Q4 us-gaap Short Term Investments
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CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
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200000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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200000 usd
CY2023Q4 us-gaap Accumulated Capitalized Interest Costs
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100000 usd
CY2022Q4 us-gaap Accumulated Capitalized Interest Costs
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100000 usd
CY2023 us-gaap Excise And Sales Taxes
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700000 usd
CY2022 us-gaap Excise And Sales Taxes
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800000 usd
CY2023 us-gaap Advertising Expense
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700000 usd
CY2022 us-gaap Advertising Expense
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700000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
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CY2023Q4 us-gaap Contract With Customer Liability Current
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700000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
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400000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
300000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
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300000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
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200000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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200000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
187000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
187000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
14000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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0 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
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173000 usd
CY2023Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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CY2023Q4 us-gaap Inventory Net
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58094000 usd
CY2023 us-gaap Inventory Write Down
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900000 usd
CY2022 us-gaap Inventory Write Down
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CY2023Q4 us-gaap Property Plant And Equipment Gross
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CY2022Q4 us-gaap Property Plant And Equipment Gross
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187998000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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80173000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
74577000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
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116460000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
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113421000 usd
CY2023 cwgl Depreciation Capitalized Into Inventory
DepreciationCapitalizedIntoInventory
4564000 usd
CY2022 cwgl Depreciation Capitalized Into Inventory
DepreciationCapitalizedIntoInventory
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CY2023 cwgl Depreciation Charged To Income Statement
DepreciationChargedToIncomeStatement
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CY2022 cwgl Depreciation Charged To Income Statement
DepreciationChargedToIncomeStatement
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CY2023 us-gaap Depreciation And Amortization
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CY2022 us-gaap Depreciation And Amortization
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5940000 usd
CY2023 cwgl Investment Maturity Period
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P1Y
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17800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
21150000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
16011000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5139000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
21150000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14725000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6425000 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
450000 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 usd
CY2023Q4 us-gaap Other Assets Noncurrent
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161000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
56000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5750000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
6481000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1286000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1286000 usd
CY2023Q4 us-gaap Long Term Debt
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17671000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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1286000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1168000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1073000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1073000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
469000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
70000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5139000 usd
CY2023Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
7524000 usd
CY2022Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
5120000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
2965000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
3287000 usd
CY2023Q4 us-gaap Accrued Marketing Costs Current
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575000 usd
CY2022Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
227000 usd
CY2023Q4 cwgl Accrued Acquisition Costs Of Property And Equipment
AccruedAcquisitionCostsOfPropertyAndEquipment
210000 usd
CY2022Q4 cwgl Accrued Acquisition Costs Of Property And Equipment
AccruedAcquisitionCostsOfPropertyAndEquipment
709000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
235000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
250000 usd
CY2023Q4 cwgl Depletion Allowance
DepletionAllowance
675000 usd
CY2022Q4 cwgl Depletion Allowance
DepletionAllowance
1176000 usd
CY2023Q4 cwgl Production And Farming
ProductionAndFarming
318000 usd
CY2022Q4 cwgl Production And Farming
ProductionAndFarming
202000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
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341000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
489000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
12843000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
11460000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
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84000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
96000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
18799000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1129000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1128000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
16542000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
17671000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1140000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1140000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1140000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1140000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1140000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
12055000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
17755000 usd
CY2022 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1075973 shares
CY2022 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
6.48
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7000000 usd
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
15000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
822000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.82
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
500000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
5.95
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
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0 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
164000 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
6.83
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1158000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.16
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1158000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
7.16
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175700 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
7.97
CY2023 us-gaap Share Based Compensation
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497000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
364000 usd
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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134000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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95000 usd
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
204000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
172000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 usd
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 usd
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P4Y1M13D
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P3Y9M25D
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y6M10D
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
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CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
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0.05

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