2024 Q1 Form 10-K Financial Statement

#000104013024000046 Filed on June 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2024 2023 Q1
Revenue $66.50M $281.1M $62.41M
YoY Change 6.56% 9.42% -5.45%
Cost Of Revenue $48.33M $202.4M $45.03M
YoY Change 7.33% 8.92% -3.39%
Gross Profit $18.18M $78.65M $17.38M
YoY Change 4.57% 10.75% -10.39%
Gross Profit Margin 27.33% 27.98% 27.85%
Selling, General & Admin $20.12M $79.75M $23.50M
YoY Change -14.4% 15.76% 101.66%
% of Gross Profit 110.67% 101.41% 135.2%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.895M $7.056M $994.0K
YoY Change 90.64% 98.98% 44.69%
% of Gross Profit 10.43% 8.97% 5.72%
Operating Expenses $22.01M $86.81M $24.49M
YoY Change -10.13% 19.83% 98.49%
Operating Profit -$3.835M -$8.162M -$7.112M
YoY Change -46.08% 470.77% -200.78%
Interest Expense $30.00K $511.0K $857.0K
YoY Change -96.5% -75.31% 831.52%
% of Operating Profit
Other Income/Expense, Net $325.0K $1.889M $226.0K
YoY Change 43.81% -37.33% -20.7%
Pretax Income -$3.480M -$6.273M -$6.029M
YoY Change -42.28% -496.02% -181.1%
Income Tax $1.536M $1.191M -$927.0K
% Of Pretax Income
Net Earnings -$5.016M -$7.464M -$5.102M
YoY Change -1.69% -3303.43% -184.11%
Net Earnings / Revenue -7.54% -2.66% -8.18%
Basic Earnings Per Share -$0.37
Diluted Earnings Per Share -$0.25 -$0.37 -$0.25
COMMON SHARES
Basic Shares Outstanding 20.40M shares 21.08M shares
Diluted Shares Outstanding 20.40M shares

Balance Sheet

Concept 2024 Q1 2024 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $55.30M $55.30M $104.1M
YoY Change -46.87% -46.87% -6.3%
Cash & Equivalents $55.30M $55.30M $104.1M
Short-Term Investments
Other Short-Term Assets $6.513M $6.513M $6.602M
YoY Change -1.35% -1.35% 19.02%
Inventory $28.56M $28.56M $19.02M
Prepaid Expenses
Receivables $3.283M $3.283M $1.740M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $93.65M $93.65M $131.5M
YoY Change -28.76% -28.76% -12.94%
LONG-TERM ASSETS
Property, Plant & Equipment $26.66M $28.09M $26.18M
YoY Change 1.83% 7.3% 7.01%
Goodwill $26.66M $0.00
YoY Change
Intangibles $11.20M $5.860M
YoY Change 91.18% 581.4%
Long-Term Investments $5.300M $5.000M
YoY Change 6.0%
Other Assets $4.986M $4.986M $628.0K
YoY Change 693.95% 693.95%
Total Long-Term Assets $76.24M $76.24M $32.67M
YoY Change 133.38% 133.38% 28.99%
TOTAL ASSETS
Total Short-Term Assets $93.65M $93.65M $131.5M
Total Long-Term Assets $76.24M $76.24M $32.67M
Total Assets $169.9M $169.9M $164.1M
YoY Change 3.51% 3.51% -6.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $37.02M $37.02M $25.21M
YoY Change 46.87% 46.87% -8.33%
Accrued Expenses $32.53M $32.53M $11.29M
YoY Change 188.17% 224.43% 98.16%
Deferred Revenue $2.600M $0.00
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $72.16M $72.16M $36.50M
YoY Change 97.71% 97.71% 9.94%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $995.0K $995.0K $3.825M
YoY Change -73.99% -73.99%
Total Long-Term Liabilities $995.0K $995.0K $3.825M
YoY Change -73.99% -73.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $72.16M $72.16M $36.50M
Total Long-Term Liabilities $995.0K $995.0K $3.825M
Total Liabilities $73.15M $73.15M $40.32M
YoY Change 81.42% 81.42% 18.13%
SHAREHOLDERS EQUITY
Retained Earnings $71.56M $105.5M
YoY Change -32.17% -19.16%
Common Stock $21.00K $21.00K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $96.73M $96.73M $123.8M
YoY Change
Total Liabilities & Shareholders Equity $169.9M $169.9M $164.1M
YoY Change 3.51% 3.51% -6.92%

Cashflow Statement

Concept 2024 Q1 2024 2023 Q1
OPERATING ACTIVITIES
Net Income -$5.016M -$7.464M -$5.102M
YoY Change -1.69% -3303.43% -184.11%
Depreciation, Depletion And Amortization $1.895M $7.056M $994.0K
YoY Change 90.64% 98.98% 44.69%
Cash From Operating Activities $7.125M $4.317M $9.724M
YoY Change -26.73% -84.47% 11.55%
INVESTING ACTIVITIES
Capital Expenditures $1.251M $4.511M $1.931M
YoY Change -35.21% -14.24% -497.33%
Acquisitions $35.86M
YoY Change
Other Investing Activities $0.00 -$36.16M $0.00
YoY Change 623.18%
Cash From Investing Activities -$1.251M -$40.67M -$1.931M
YoY Change -35.21% 296.39% 297.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -18.00K -$12.44M -6.135M
YoY Change -99.71% -49.31% 1.2%
NET CHANGE
Cash From Operating Activities 7.125M $4.317M 9.724M
Cash From Investing Activities -1.251M -$40.67M -1.931M
Cash From Financing Activities -18.00K -$12.44M -6.135M
Net Change In Cash 5.856M -$48.79M 1.658M
YoY Change 253.2% 597.6% -23.56%
FREE CASH FLOW
Cash From Operating Activities $7.125M $4.317M $9.724M
Capital Expenditures $1.251M $4.511M $1.931M
Free Cash Flow $5.874M -$194.0K $7.793M
YoY Change -24.62% -100.86% -15.32%

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CY2022 us-gaap Increase Decrease In Accounts Receivable
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CY2024 us-gaap Increase Decrease In Finished Goods And Work In Process Inventories
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6417000 usd
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IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories
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CY2024 us-gaap Increase Decrease In Prepaid Taxes
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182000 usd
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CY2024 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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363000 usd
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CY2023 pets Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
0 usd
CY2022 pets Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
0 usd
CY2024 us-gaap Increase Decrease In Accounts Payable
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6102000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
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-2292000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
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CY2024 us-gaap Increase Decrease In Property And Other Taxes Payable
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1956000 usd
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2928000 usd
CY2024 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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276000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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896000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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CY2024 us-gaap Increase Decrease In Operating Lease Liability
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CY2023 us-gaap Increase Decrease In Operating Lease Liability
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0 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
0 usd
CY2024 us-gaap Increase Decrease In Contract With Customer Liability
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CY2023 us-gaap Increase Decrease In Contract With Customer Liability
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0 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
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CY2024 us-gaap Net Cash Provided By Used In Operating Activities
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4317000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
27803000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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18498000 usd
CY2024 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
300000 usd
CY2023 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
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5000000 usd
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CY2024 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2024 us-gaap Payments To Acquire Property Plant And Equipment
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4511000 usd
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5260000 usd
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1752000 usd
CY2024 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
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12437000 usd
CY2023 us-gaap Payments Of Dividends Common Stock
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24537000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
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24384000 usd
CY2024 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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104086000 usd
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111080000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
118718000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
55296000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
104086000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
111080000 usd
CY2024 us-gaap Income Taxes Paid Net
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130000 usd
CY2023 us-gaap Income Taxes Paid Net
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4312000 usd
CY2022 us-gaap Income Taxes Paid Net
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6085000 usd
CY2024 us-gaap Liabilities Assumed1
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1466000 usd
CY2023 us-gaap Liabilities Assumed1
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1262000 usd
CY2022 us-gaap Liabilities Assumed1
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558000 usd
CY2022 pets Revenue From Contract With Customer Percentage
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1.000
CY2024 us-gaap Use Of Estimates
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<div style="margin-top:12pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:12pt;padding-left:36pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of Consolidated Financial Statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2024Q1 us-gaap Inventory Valuation Reserves
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72000 usd
CY2023Q1 us-gaap Inventory Valuation Reserves
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48000 usd
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-15703000 usd
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35000 usd
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860000 usd
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1957000 usd
CY2024Q1 pets Intangible And Other Assets
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16503000 usd
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860000 usd
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0 usd
CY2024Q1 us-gaap Unrecognized Tax Benefits
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0 usd
CY2024 us-gaap Concentration Risk Credit Risk
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<div style="margin-top:12pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Business Concentrations</span></div>The Company purchases its products from a variety of sources, including certain manufacturers, domestic distributors, and wholesalers. We have multiple suppliers for each of our product lines to obtain the lowest cost.
CY2024Q1 pets Revenue From Contract With Customer Number Of Performance Obligations
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1 performanceobligation
CY2024Q1 pets Revenue From Contract With Customer Number Of Membership Models
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2 model
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CY2024Q1 us-gaap Contract With Customer Liability Current
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2600000 usd
CY2024Q1 pets Revenue From Contract With Customer Number Of Sales Categories
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281064000 usd
CY2024 pets Revenue From Contract With Customer Percentage
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1.000
CY2023 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
256579000 usd
CY2023 pets Revenue From Contract With Customer Percentage
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1.000
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RevenueFromContractWithCustomerVariance
24485000 usd
CY2024 pets Revenue From Contract With Customer Variance Percentage
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0.095
CY2023 us-gaap Revenue From Contract With Customer Including Assessed Tax
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256579000 usd
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1.000
CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
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272282000 usd
CY2024Q1 us-gaap Property Plant And Equipment Gross
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46785000 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
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41409000 usd
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20128000 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
15231000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
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26657000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
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26178000 usd
CY2024 us-gaap Depreciation
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CY2023 us-gaap Depreciation
Depreciation
3500000 usd
CY2022 us-gaap Depreciation
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13160000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1957000 usd
CY2024Q1 us-gaap Intangible Assets Net Excluding Goodwill
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CY2024Q1 us-gaap Investments
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5300000 usd
CY2024Q1 us-gaap Equity Method Investments
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5300000 usd
CY2024Q1 pets Intangible And Other Assets Gross
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18460000 usd
CY2023Q1 us-gaap Investments
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CY2023Q1 pets Intangible And Other Assets Gross
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5860000 usd
CY2023Q1 pets Intangibles And Other Assets Accumulated Amortization
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0 usd
CY2023Q1 pets Intangible And Other Assets
IntangibleAndOtherAssets
5860000 usd
CY2024 us-gaap Amortization Of Intangible Assets
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CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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1957000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1957000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
957000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
957000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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957000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
957000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
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7743000 usd
CY2022Q2 pets Term Of Agreement
TermOfAgreement
P3Y
CY2022Q2 us-gaap Payments To Acquire Equity Method Investments
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5000000 usd
CY2023Q4 us-gaap Payments To Acquire Equity Method Investments
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300000 usd
CY2024Q1 us-gaap Equity Method Investments
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5300000 usd
CY2024 us-gaap Related Party Transaction Amounts Of Transaction
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153000 usd
CY2023 us-gaap Related Party Transaction Amounts Of Transaction
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CY2024Q1 pets Accrued Credit Card Fees Current
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397000 usd
CY2023Q1 pets Accrued Credit Card Fees Current
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401000 usd
CY2024Q1 us-gaap Accrued Employee Benefits Current
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1530000 usd
CY2023Q1 us-gaap Accrued Employee Benefits Current
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1564000 usd
CY2024Q1 pets Accrued Merchandise Credits And Rewards Current
AccruedMerchandiseCreditsAndRewardsCurrent
1849000 usd
CY2023Q1 pets Accrued Merchandise Credits And Rewards Current
AccruedMerchandiseCreditsAndRewardsCurrent
1660000 usd
CY2024Q1 us-gaap Accrued Professional Fees Current
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222000 usd
CY2023Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
559000 usd
CY2024Q1 pets Accrued Sales Returns And Allowances Current
AccruedSalesReturnsAndAllowancesCurrent
318000 usd
CY2023Q1 pets Accrued Sales Returns And Allowances Current
AccruedSalesReturnsAndAllowancesCurrent
221000 usd
CY2024Q1 us-gaap Dividends Payable Current
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1466000 usd
CY2023Q1 us-gaap Dividends Payable Current
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1262000 usd
CY2024Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
142000 usd
CY2023Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
118000 usd
CY2024Q1 us-gaap Other Accrued Liabilities Current
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1136000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
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406000 usd
CY2024Q1 pets Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
7060000 usd
CY2023Q1 pets Accrued Expenses And Other Current Liabilities
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6191000 usd
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P3Y
CY2024Q1 us-gaap Lessee Operating Lease Discount Rate
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0.036
CY2024 us-gaap Operating Lease Cost
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853000 usd
CY2024 us-gaap Variable Lease Cost
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65000 usd
CY2024 us-gaap Lease Cost
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918000 usd
CY2024 us-gaap Operating Lease Payments
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832000 usd
CY2024 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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2220000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
501000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
488000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
502000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
42000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1533000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
79000 usd
CY2024Q1 us-gaap Operating Lease Liability
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1454000 usd
CY2024Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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5126000 usd
CY2023Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
5910000 usd
CY2024Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
225000 usd
CY2023Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Other
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0 usd
CY2024Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
680000 usd
CY2023Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
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1605000 usd
CY2024Q1 us-gaap Deferred Tax Assets Deferred Income
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31000 usd
CY2023Q1 us-gaap Deferred Tax Assets Deferred Income
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0 usd
CY2024Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
440000 usd
CY2023Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
21000 usd
CY2024Q1 pets Deferred Tax Assets Deferred Expense Capitalized Research And Development Costs
DeferredTaxAssetsDeferredExpenseCapitalizedResearchAndDevelopmentCosts
317000 usd
CY2023Q1 pets Deferred Tax Assets Deferred Expense Capitalized Research And Development Costs
DeferredTaxAssetsDeferredExpenseCapitalizedResearchAndDevelopmentCosts
0 usd
CY2024Q1 pets Deferred Tax Assets Lease Liabilities
DeferredTaxAssetsLeaseLiabilities
376000 usd
CY2023Q1 pets Deferred Tax Assets Lease Liabilities
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0 usd
CY2024Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
3001000 usd
CY2023Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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0 usd
CY2024Q1 us-gaap Deferred Tax Assets Gross
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10195000 usd
CY2023Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
7536000 usd
CY2024Q1 pets Deferred Tax Liabilities Change In Accounting Method
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541000 usd
CY2023Q1 pets Deferred Tax Liabilities Change In Accounting Method
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0 usd
CY2024Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
2627000 usd
CY2023Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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0 usd
CY2024Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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1041000 usd
CY2023Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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2527000 usd
CY2024Q1 us-gaap Deferred Tax Liabilities Leasing Arrangements
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376000 usd
CY2023Q1 us-gaap Deferred Tax Liabilities Leasing Arrangements
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0 usd
CY2024Q1 us-gaap Deferred Income Tax Liabilities Net
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4585000 usd
CY2023Q1 us-gaap Deferred Income Tax Liabilities Net
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2527000 usd
CY2024Q1 us-gaap Deferred Tax Assets Valuation Allowance
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624000 usd
CY2023Q1 us-gaap Deferred Tax Assets Valuation Allowance
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0 usd
CY2024Q1 us-gaap Deferred Tax Assets Liabilities Net
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CY2024 us-gaap Income Tax Reconciliation Prior Year Income Taxes
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CY2023 us-gaap Income Tax Reconciliation Prior Year Income Taxes
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CY2022 us-gaap Income Tax Reconciliation Prior Year Income Taxes
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IncomeTaxReconciliationOtherReconcilingItems
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CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0
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EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0
CY2024 pets Effective Income Tax Rate Reconciliation Permanent Differences Percent
EffectiveIncomeTaxRateReconciliationPermanentDifferencesPercent
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CY2023 pets Effective Income Tax Rate Reconciliation Permanent Differences Percent
EffectiveIncomeTaxRateReconciliationPermanentDifferencesPercent
0.046
CY2022 pets Effective Income Tax Rate Reconciliation Permanent Differences Percent
EffectiveIncomeTaxRateReconciliationPermanentDifferencesPercent
0.005
CY2024 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.045
CY2023 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.023
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.001
CY2024 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0
CY2022 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
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CY2024 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2024 us-gaap Effective Income Tax Rate Continuing Operations
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CY2023 us-gaap Effective Income Tax Rate Continuing Operations
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CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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CY1998Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
250000 shares
CY1998Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY1998Q2 us-gaap Shares Issued Price Per Share
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4.00
CY1998Q2 us-gaap Payments Of Stock Issuance Costs
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112000 usd
CY1998Q2 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
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4.05 shares
CY1998Q2 us-gaap Preferred Stock Liquidation Preference
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4.00
CY2023Q2 us-gaap Dividends Payable Amount Per Share
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0.30
CY2023Q2 us-gaap Dividends Payable Current And Noncurrent
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6352000 usd
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CY2024 us-gaap Share Based Compensation
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CY2023 us-gaap Share Based Compensation
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CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2024 us-gaap Net Income Loss
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CY2023 us-gaap Net Income Loss
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5140000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
18716000 usd
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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20175930 shares
CY2024 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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0 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2024 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
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10125 shares
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10125 shares
CY2024 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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20339002 shares
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CY2024 us-gaap Earnings Per Share Basic
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CY2024 us-gaap Earnings Per Share Diluted
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CY2022 us-gaap Earnings Per Share Diluted
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CY2024 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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745854 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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220727 shares
CY2024 us-gaap Deferred Compensation Arrangement With Individual Requisite Service Period1
DeferredCompensationArrangementWithIndividualRequisiteServicePeriod1
P90D
CY2024 pets Defined Contribution Plan With Individual Age
DefinedContributionPlanWithIndividualAge
P21Y
CY2024 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
1
CY2024 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
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CY2024 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Amount
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289000 usd
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CY2024Q1 ecd Rule10b51 Arr Adopted Flag
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CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
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CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
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false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
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false
CY2024 ecd Insider Trd Policies Proc Adopted Flag
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true

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Financial_Report.xlsx Edgar Link pending
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pets-20240331_def.xml Edgar Link unprocessable
pets-20240331_lab.xml Edgar Link unprocessable
pets-20240331_pre.xml Edgar Link unprocessable