Natural Health Trends Corp. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Note 11 - Segment Information (Tables)

Note 11 - Segment Information (Tables)

9 Months Ended

Sep. 30, 2025

Notes Tables

Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]

		Three Months Ended September 30, 2025																Three Months Ended September 30, 2024
		Primary Reporting Unit				China				Russia and Kazakhstan				Total				Primary Reporting Unit				China				Russia and Kazakhstan				Total

Net sales		$	9,135			$	237			$	105			$	9,477			$	9,951			$	601			$	139			$	10,691
Cost of sales			2,396				47				47				2,490				2,599				103				63				2,765
Gross profit			6,739				190				58				6,987				7,352				498				76				7,926
Less:
Commissions expense¹			3,832				—				44				3,876				4,256				—				77				4,333
Employee-related costs			859				224				14				1,097				954				220				13				1,187
Facility costs			311				36				3				350				301				37				3				341
Other segment items²			253				59				12				324				331				80				14				425
Segment income (loss) from operations		$	1,484			$	(129	)		$	(15	)			1,340			$	1,510			$	161			$	(31	)			1,640
Reconciliation of income (loss) before income taxes:
Unallocated corporate expenses															(1,835	)															(1,915	)
Other income, net															206																441
Income (loss) before income taxes														$	(289	)														$	166

		Nine Months Ended September 30, 2025																Nine Months Ended September 30, 2024
		Primary Reporting Unit				China				Russia and Kazakhstan				Total				Primary Reporting Unit				China				Russia and Kazakhstan				Total

Net sales		$	29,034			$	690			$	303			$	30,027			$	30,440			$	1,321			$	356			$	32,117
Cost of sales			7,573				146				161				7,880				7,963				241				172				8,376
Gross profit			21,461				544				142				22,147				22,477				1,080				184				23,741
Less:
Commissions expense¹			12,240				—				136				12,376				12,841				—				181				13,022
Employee-related costs			2,597				677				40				3,314				2,780				694				38				3,512
Facility costs			890				107				9				1,006				890				119				11				1,020
Other segment items²			1,017				204				36				1,257				1,120				276				42				1,438
Segment income (loss) from operations		$	4,717			$	(444	)		$	(79	)			4,194			$	4,846			$	(9	)		$	(88	)			4,749
Reconciliation of income (loss) before income taxes:
Unallocated corporate expenses															(5,367	)															(5,627	)
Other income, net															1,019																1,523
Income (loss) before income taxes														$	(154	)														$	645

Reconciliation of Assets from Segment to Consolidated [Table Text Block]

		September 30, 2025																December 31, 2024
		Primary Reporting Unit				China				Russia and Kazakhstan				Total				Primary Reporting Unit				China				Russia and Kazakhstan				Total

Inventories		$	1,475			$	143			$	45			$	1,663			$	2,422			$	159			$	36			$	2,617
Other inventories and inventory-related deposits¹															634																971
Other assets²															39,954																51,771
Total assets														$	42,251															$	55,359

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]

		Three Months Ended September 30,								Nine Months Ended September 30,
		2025				2024				2025				2024
Net sales from external customers:
United States		$	302			$	274			$	887			$	799
Canada			128				134				359				387
Peru and Colombia			301				340				870				844
Hong Kong¹			7,715				8,356				24,842				25,998
China			237				601				690				1,321
Taiwan			331				454				1,049				1,277
Japan			111				81				257				202
Malaysia and Singapore			67				58				199				177
Russia and Kazakhstan			105				139				303				356
Europe			130				164				400				473
Other foreign countries			50				90				171				283
Total net sales		$	9,477			$	10,691			$	30,027			$	32,117