Freshpet (FRPT) 10-K28 Feb 232022 FY Annual reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
Document And Entity Information - USD ($)	Dec. 31, 2022	Feb. 23, 2023	Jun. 30, 2022
Document Information [Line Items]
Entity Central Index Key	0001611647
Entity Registrant Name	Freshpet INC
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2022
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Document Transition Report	false
Entity File Number	001-36729
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-1884894
Entity Address, Address Line One	400 Plaza Drive, 1st Floor
Entity Address, City or Town	Secaucus
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07094
City Area Code	201
Local Phone Number	520-4000
Title of 12(b) Security	Common Stock, $0.001 par value per share
Trading Symbol	FRPT
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 2,400,000,000
Entity Common Stock, Shares Outstanding		48,048,343
Auditor Name	KPMG LLP
Auditor Firm ID	185
Auditor Location	Short Hills, NJ

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
CURRENT ASSETS:
Cash and cash equivalents	$ 132,735	$ 72,788
Accounts receivable, net of allowance for doubtful accounts	57,572	34,780
Inventories, net	58,290	35,574
Prepaid expenses	9,778	5,834
Other current assets	3,590	1,349
Total Current Assets	261,965	150,325
Property, plant and equipment, net	800,586	583,922
Deposits on equipment	3,823	4,100
Operating lease right of use assets	5,165	6,537
Equity method investment	25,418	25,856
Other assets	28,426	13,670
Total Assets	1,125,383	784,410
CURRENT LIABILITIES:
Accounts payable	55,088	42,612
Accrued expenses	33,016	14,950
Current operating lease liabilities	1,510	1,384
Total Current Liabilities	89,614	58,946
Long term operating lease liabilities	4,200	5,710
Total Liabilities	93,814	64,656
STOCKHOLDERS' EQUITY:
Common stock — voting, $0.001 par value, 200,000 shares authorized, 48,051 issued and 48,037 outstanding on December 31, 2022, and 43,449 issued and 43,435 outstanding on December 31, 2021	48	43
Additional paid-in capital	1,325,524	955,710
Accumulated deficit	(295,117)	(235,623)
Accumulated other comprehensive income (loss)	1,370	(120)
Treasury stock, at cost — 14 shares on December 31, 2022 and on December 31, 2021	(256)	(256)
Total Stockholders' Equity	1,031,569	719,754
Total Liabilities and Stockholders' Equity	$ 1,125,383	$ 784,410

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares shares in Thousands	Dec. 31, 2022	Dec. 31, 2021
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, authorized (in shares)	200,000	200,000
Common stock, issued (in shares)	48,051	43,449
Common stock, outstanding (in shares)	48,037	43,435
Treasury Stock, Shares (in shares)	14	14

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($) shares in Thousands, $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
NET SALES	[1]	$ 595,344	$ 425,489	$ 318,790
COST OF GOODS SOLD		409,311	263,343	185,880
GROSS PROFIT		186,033	162,146	132,910
SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES		238,016	186,809	134,908
LOSS FROM OPERATIONS		(51,983)	(24,663)	(1,998)
OTHER INCOME/(EXPENSES):
Other Income/(Expenses), net		1,710	13	87
Interest Expense		(5,208)	(2,882)	(1,212)
Nonoperating Income (Expense), Total		(3,498)	(2,869)	(1,125)
LOSS BEFORE INCOME TAXES		(55,481)	(27,532)	(3,123)
INCOME TAX EXPENSE		282	162	65
LOSS ON EQUITY METHOD INVESTMENT		3,731	2,005	0
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS		(59,494)	(29,699)	(3,188)
OTHER COMPREHENSIVE INCOME (LOSS):
Change in foreign currency translation		1,490	(40)	(1)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS)		1,490	(40)	(1)
TOTAL COMPREHENSIVE LOSS		$ (58,004)	$ (29,740)	$ (3,189)
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS
-BASIC (in dollars per share)		$ (1.29)	$ (0.69)	$ (0.08)
-DILUTED (in dollars per share)		$ (1.29)	$ (0.69)	$ (0.08)
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING USED IN COMPUTING NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS
-BASIC (in shares)		46,191	42,931	39,758
-DILUTED (in shares)		46,191	42,931	39,758

[1]Online sales associated with each class of retailer are included within their respective total.

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock [Member]	Total
Balances (in shares) at Dec. 31, 2019	36,162				14
Balances at Dec. 31, 2019	$ 36	$ 334,299	$ (202,735)	$ (79)	$ (256)	$ 131,265
Exercise of options to purchase common stock (in shares)	479
Exercise of options to purchase common stock	$ 0	5,441				5,441
Vesting of restricted stock units (in shares)	91				0
Vesting of restricted stock units	$ 0	(2,568)	0	0	$ 0	(2,568)
Share-based compensation expense		11,157				11,157
Shares issued in primary offering (in shares)	4,000				0
Shares issued in primary offering	$ 4	252,058	0	0	$ 0	252,062
Foreign Currency Translation				(1)		(1)
Net loss			(3,188)			(3,188)
Balances (in shares) at Dec. 31, 2020	40,732				14
Balances at Dec. 31, 2020	$ 40	600,388	(205,924)	(80)	$ (256)	394,169
Exercise of options to purchase common stock (in shares)	224				0
Exercise of options to purchase common stock	$ 0	2,271	0	0	$ 0	2,271
Vesting of restricted stock units (in shares)	78				0
Vesting of restricted stock units	$ 0	(4,187)	0	0	$ 0	(4,187)
Share-based compensation expense	$ 0	25,068	0	0	$ 0	25,068
Shares issued in primary offering (in shares)	2,415				0
Shares issued in primary offering	$ 2	332,170	0	0	$ 0	332,172
Foreign Currency Translation	0	0	0	(40)	0	(40)
Net loss	$ 0	0	(29,699)	0	$ 0	(29,699)
Balances (in shares) at Dec. 31, 2021	43,449				14
Balances at Dec. 31, 2021	$ 43	955,710	(235,623)	(120)	$ (256)	719,754
Exercise of options to purchase common stock (in shares)	45				0
Exercise of options to purchase common stock	$ 0	471	0	0	$ 0	471
Vesting of restricted stock units (in shares)	43				0
Vesting of restricted stock units	$ 1	(1,441)	0	0	$ 0	(1,440)
Share-based compensation expense	$ 0	23,505	0	0	$ 0	23,505
Shares issued in primary offering (in shares)	4,320				0
Shares issued in primary offering	$ 4	337,504	0	0	$ 0	337,508
Foreign Currency Translation	0	0	0	1,490	0	1,490
Net loss	$ 0	0	(59,494)	0	$ 0	(59,494)
Issuance and exercise of partner warrants (in shares)	194				0
Issuance and exercise of partner warrants	$ 0	9,775	0	0	$ 0	9,775
Balances (in shares) at Dec. 31, 2022	48,051				14
Balances at Dec. 31, 2022	$ 48	$ 1,325,524	$ (295,117)	$ 1,370	$ (256)	$ 1,031,569

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (59,494)	$ (29,699)	$ (3,188)
Adjustments to reconcile net loss to net cash flows (used in) provided by operating activities:
Provision for (gains) loss on accounts receivable	(20)	29	(23)
Loss on disposal of equipment	396	538	1,805
Share-based compensation	26,092	24,998	10,925
Inventory obsolescence	3,455	349	232
Depreciation and amortization	34,555	30,468	21,125
Amortization of deferred financing costs and loan discount	795	1,212	834
Change in operating lease right of use asset	1,372	1,329	1,289
Loss on equity method investment	3,731	2,005	0
Changes in operating assets and liabilities:
Accounts receivable	(32,993)	(16,371)	166
Inventories	(26,171)	(16,804)	(6,808)
Prepaid expenses and other current assets	(435)	(2,891)	9,437
Other assets	(3,141)	(7,899)	(719)
Accounts payable	(3,063)	14,958	(5,922)
Accrued expenses	13,078	(273)	(6,762)
Other lease liabilities	(1,384)	(1,302)	(1,198)
Net cash flows (used in) provided by operating activities	(43,227)	647	21,193
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of short-term investments	(19,840)	0	(20,000)
Proceeds from maturities of short-term investments	19,840	0	20,000
Investments in equity method investment	(3,293)	0	(27,894)
Acquisitions of property, plant and equipment, software and deposits on equipment	(230,071)	(322,099)	(134,568)
Net cash flows used in investing activities	(233,364)	(322,099)	(162,462)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from common shares issued in primary offering, net of issuance cost	337,508	332,172	252,062
Proceeds from exercise of options to purchase common stock	471	2,271	5,441
Tax withholdings related to net shares settlements of restricted stock units	(1,441)	(4,187)	(2,568)
Proceeds from borrowings under Credit Facility	78,000	0	20,933
Repayment of borrowings under Credit Facility	(78,000)	0	(76,000)
Fees paid in connection with financing agreements	0	(3,263)	(824)
Net cash flows provided by financing activities	336,538	326,993	199,044
NET CHANGE IN CASH AND CASH EQUIVALENTS	59,947	5,541	57,775
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	72,788	67,247	9,472
CASH AND CASH EQUIVALENTS, END OF PERIOD	132,735	72,788	67,247
SUPPLEMENTAL CASH FLOW INFORMATION:
Taxes paid	297	182	88
Interest paid	3,152	1,730	1,061
NON-CASH FINANCING AND INVESTING ACTIVITIES:
Property, plant and equipment purchases in accounts payable and accrued expenses	44,258	22,482	11,281
Issuance of partner warrants	$ 9,775	$ 0	$ 0

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	12 Months Ended
Note 1 - Summary of Significant Accounting Policies	Dec. 31, 2022
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	1 Nature of the Business Basis of Presentation may not may not Principles of Consolidation Segments Equity method investment not 20% may one In applying the equity method, the Company records the investment at cost and subsequently increases or decreases the carrying amount of the investment by our proportionate share of the net income or loss. On March 10, 2022, not not 20%. not Variable interest entities Estimates and Uncertainties Inventories first first Property, Plant and Equipment not two Long-Lived Assets may not not Income Taxes A valuation allowance is appropriate when management believes it is more likely than not, not December 31, 2022 2021 Share-based Compensation Cash Equivalents three Trade Account Receivable may Implementation Costs of Cloud Computing Arrangement December 31, 2022 2021, first 2022. Fair Value of Financial Instruments 1 3 The three ● Level 1 1 ● Level 2 1 not 2 ● Level 3 3 one The carrying amounts reported in the balance sheets for cash and cash equivalents, other receivables, accounts payable and accrued expenses approximate their fair value based on the short-term maturity of these instruments. Certain assets, including the equity method investment, right-of-use assets and property and equipment are also subject to measurement at fair value on a non-recurring basis if they are deemed to be impaired as a result of an impairment review. As of December 31, 2022 1 Debt Issuance Cost first 2021, February 19, 2021 ( The Company amortizes debt issuance costs categorized as assets on a straight-line basis over the term of the loan and amortizes the debt issuance costs that are categorized net of debt using the effective interest method, over the term of the loan. Revenue Recognition and Incentives not Revenue from product sales is recognized when obligations under the terms of the contract with the customer are satisfied, which occurs once control is transferred upon delivery to the customer. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods. The amount of consideration the Company receives and revenue the Company recognizes varies with changes in trade incentives the Company offers to its customers and their consumers. Trade incentives consists primarily of customer pricing allowances and merchandising funds, and consumer coupons are offered through various programs to customers and consumers. Estimates of trade promotion expense and coupon redemption costs are based upon programs offered, timing of those offers, estimated redemption/usage rates from historical performance, management’s experience and current economic trends. Sales taxes and other similar taxes are excluded from revenue. There were no contract assets as of December 31, 2022 2021 Net Sales Twelve Months Ended December 31, 2022 2021 2020 Grocery (including Online), Mass and Club $ 524,971 $ 356,965 $ 272,008 Pet Specialty and Natural 70,373 68,524 46,782 Net Sales (a) $ 595,344 $ 425,489 $ 318,790 (a) Online sales associated with each class of retailer are included within their respective total. Advertising first 2022 2021 2020 December 31, 2022, 2021 2020 Shipping and Handling Costs/Freight Out third 2022, 2021 2020, Recently Adopted Standards The Company did not 2022. We consider the applicability and impact of all Accounting Standards Updates (ASUs) issued by the Financial Accounting Standards Board (FASB).

Note 2 - Inventories

Note 2 - Inventories	12 Months Ended
Note 2 - Inventories	Dec. 31, 2022
Notes to Financial Statements
Inventory Disclosure [Text Block]	Note 2 Inventories are summarized as follows: December 31, December 31, 2022 2021 Raw Materials and Work in Process $ 20,608 $ 13,339 Packaging Components Material 6,186 2,823 Finished Goods 31,639 19,704 58,433 35,866 Reserve for Obsolete Inventory (143 ) (292 ) Inventories, net $ 58,290 $ 35,574

Note 3 - Property, Plant and Eq

Note 3 - Property, Plant and Equipment	12 Months Ended
Note 3 - Property, Plant and Equipment	Dec. 31, 2022
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	Note 3 Property, plant and equipment are summarized as follows: December 31, December 31, 2022 2021 Refrigeration Equipment $ 137,875 $ 122,063 Machinery and Equipment 199,504 140,471 Building, Land, and Improvements 458,800 150,927 Furniture and Office Equipment 14,040 8,844 Leasehold Improvements 1,319 1,319 Construction in Progress 134,338 273,880 945,877 697,504 Less: Accumulated Depreciation (145,291 ) (113,582 ) Property, Plant and Equipment, net $ 800,586 $ 583,922 Depreciation expense related to property, plant and equipment totaled $34,332, $29,467, and $20,805 in 2022, 2021 2020, 2022 2021 2020

Note 4 - Income Taxes

Note 4 - Income Taxes	12 Months Ended
Note 4 - Income Taxes	Dec. 31, 2022
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 4 A summary of income taxes as follows: Year Ended December 31, 2022 2021 2020 Federal $ — $ — $ — State 282 162 65 International — — — $ 282 $ 162 $ 65 The provisions for income taxes do not The reconciliation of the statutory federal income tax rate to the Company’s effective tax is presented below: Year Ended December 31, 2022 2021 2020 Tax at federal statutory rate 21.0 % 21.0 % 21.0 % State taxes, net of federal 3.6 % 7.4 % 39.2 % Permanent items 3.7 % 30.6 % 284.4 % Other (0.7 %) (0.2 %) 5.6 % State rate change 0.5 % (0.5 %) 0.2 % Valuation allowance (28.6 %) (58.8 %) (352.5 %) Effective tax rate (0.5 %) (0.5 %) (2.1 %) In assessing the realizability of the net deferred tax assets, the Company considers all relevant positive and negative evidence to determine whether it is more likely than not not not not December 31, 2022, 2021 2020. The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities are as follows: Year Ended December 31, 2022 2021 2020 Net operating loss $ 85,214 $ 73,436 $ 60,268 Stock option expense 18,709 12,169 6,454 Property and equipment (20,753 ) (14,957 ) (11,941 ) Other 5,920 2,845 1,194 Less: Valuation allowance (89,090 ) (73,493 ) (55,975 ) Net deferred income tax assets $ - $ - $ - At December 31, 2022 2017 2025 2037. 2018 2022 80% may 382 382 December 31, 2022 2023 2041, not Entities are also required to evaluate, measure, recognize and disclose any uncertain income tax provisions taken on their income tax returns. The Company has analyzed its tax positions and has concluded that as of December 31, 2021, no 2005 not not 2022 2021 2020. The Company considered the impact of the disallowance of certain incentive based compensation tax deductibility under Internal Revenue Code Section 162

Note 5 - Accrued Expenses

Note 5 - Accrued Expenses	12 Months Ended
Note 5 - Accrued Expenses	Dec. 31, 2022
Notes to Financial Statements
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]	Note 5 Accrued expenses are summarized as follows: 2022 2021 Accrued Compensation and Employee Related Costs $ 8,559 $ 6,934 Accrued Construction Costs 4,235 — Accrued Chiller Cost 4,106 2,050 Accrued Customer Consideration 656 828 Accrued Freight 2,705 1,547 Accrued Production Expenses 3,755 1,862 Accrued Corporate and Marketing Expenses 3,794 1,081 Accrued Interest 922 — Other Accrued Expenses 4,284 648 Accrued Expenses $ 33,016 $ 14,950

Note 6 - Debt

Note 6 - Debt	12 Months Ended
Note 6 - Debt	Dec. 31, 2022
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 6 On February 19, 2021, April 17, 2020. The Credit Facility matures on February 19, 2026 one August 19, 2023, August 19, 2022, 1/28th August 19, 2023, 1/28th February 19, 2026. Borrowings under the Credit Facility are secured by substantially all of the Company's and certain of its subsidiaries' assets. The Sixth Amendment requires compliance with various covenants customary for agreements of this type, including financial covenants and negative covenants that limit, among other things, the Company's ability to incur additional debt, create or incur liens, engage in mergers or consolidations, sell, transfer or otherwise dispose of assets, make voluntary prepayments to subordinated debt, permit a change of control, pay dividends or distributions, make investments, and enter into certain transaction with affiliates. The Sixth Amendment also includes events of default customary for agreements of this type. During 2022, may not September 30, 2022, not not September 30, 2022. December 31, 2022, not As of December 31, 2022, In connection with entering into the Sixth Amendment, the Company incurred $3,166 of debt issuance cost, which are capitalized on the balance sheet and amortized over the life of the facility, and wrote off $485 of fees incurred from the prior credit facilities. As of December 31, 2022 2021, 835 30 2015 03. December 31, 2022 2021 On April 29, 2022, Interest expense and fees totaled $5,208, $2,882 and $1,212 in 2022, 2021 2020, December 31, 2022 December 31, 2021, December 31, 2020.

Note 7 - Commitments and Contin

Note 7 - Commitments and Contingencies	12 Months Ended
Note 7 - Commitments and Contingencies	Dec. 31, 2022
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 7 Commitments April 1, 2027. Leases: We have various noncancellable lease agreements for office and warehouse space, as well as office equipment, with original remaining lease terms of two five five not not not Weighted-average remaining lease term (in years) and discount rate related to operating leases were as follows: As of December 31, 2022 2021 Weighted-average remaining lease term 3.61 4.51 Weighted-average discount rate 6.2 % 6.2 % not Costs related to lease obligations for 2022 2021 For the Twelve Months Ended December 31, 2022 2021 Operating lease cost $ 1,752 $ 1,779 Supplemental cash flow information and non-cash activity relating to operating leases are as follows: For the Twelve Months Ended December 31, 2022 2021 Cash paid for amounts included in the measurement of lease liabilities $ 1,764 $ 1,753 As of December 31, 2022 five Operating Lease Obligations As of December 31, 2022 2023 $ 1,802 2024 1,511 2025 1,210 2026 1,239 2027 and beyond 337 Total lease payments $ 6,099 Less: Imputed interest (389 ) Present value of lease liabilities $ 5,710 As of December 31, 2022 five Manufacturing and Servicing Obligations December 31, 2022 2023 $ 3,288 2024 4,783 2025 and beyond 712 Total Manufacturing and Servicing Obligations $ 8,783 Certain of the Company’s executives are covered by employment contracts requiring the Company to pay severance in the event of certain terminations. Legal Obligations: We are currently involved in various claims and legal actions that arise in the ordinary course of our business, including claims resulting from employment related matters. None On April 8, 2022, 2018 On July 5, 2022, On November 14, 2022, March 31, 2023. As of December 31, 2022, Based on information currently available and advice of counsel, we do not may

Note 8 - Warrants

Note 8 - Warrants	12 Months Ended
Note 8 - Warrants	Dec. 31, 2022
Notes to Financial Statements
Warrant Disclosure [Text Block]	Note 8 In connection with an agreement to operators of Freshpet Kitchens South during the third 2022 718 December 31, 2022 During 2022, 2022 Warrants Assumptions Fair value of the warrants at September 30, 2022 3 no The Company used the following assumptions for its warrants: Expected Volatility Exercise Price of Warrants Granted Risk-Free Interest Rate Expected Dividend Yield not zero A summary of warrants assumptions as of December 31, 2022 As of September 30, 2022 Exercise price of warrants granted $ 0.01 Expected volatility 52.5 % Expected terms in years 0.0 Risk-free interest rate 3.9 % Expected dividend yield 0.0 % Total amortization associated with partner warrants during 2022

Note 9 - Equity Incentive Plans

Note 9 - Equity Incentive Plans and Equity	12 Months Ended
Note 9 - Equity Incentive Plans and Equity	Dec. 31, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	Note 9 Total compensation cost for share-based payments recognized in 2022, 2021 2020 2022, 2021 2020 2022, 2021 2020 2022 2021 2020, The Company maintains the approved 2010 "2010 four The options granted have maximum contractual terms of 10 2010 no may 2010 The Company maintains the approved 2014 may 2014 may December 31, 2022 three three one NASDAQ Marketplace Rules Inducement Award 2016, During 2020, September 2022. During 2022, Under the terms of the applicable agreement, each grant is governed as if issued under the 2014 four three Service Period Stock Options — December 31, 2022 Options Shares Weighted Average Exercise Price Average Remaining Contractual Term Aggregate Intrinsic Value Outstanding at December 31, 2021 1,287 $ 50.37 Granted 40 67.02 Exercised (9 ) 76.07 Forfeited (27 ) 62.08 Outstanding at December 31, 2022 1,291 $ 51.63 5.41 $ 33,958 Exercisable at December 31, 2022 1,040 $ 32.61 4.69 $ 33,958 As of December 31, 2022 2023, 2024 2025. Performance Based Options — 2022 Options Shares Weighted Average Exercise Price Average Remaining Contractual Term Aggregate Intrinsic Value Outstanding at December 31, 2021 2,067 $ 74.71 Granted - - Exercised (35 ) 84.45 Forfeited (107 ) 73.80 Outstanding at December 31, 2022 1,925 $ 75.50 6.00 $ 36,989 Exercisable at December 31, 2022 1,107 $ 19.53 4.69 $ 36,989 As of December 31, 2022 2023 2024. As of December 31, 2022, not Service Period Restricted Stock Units — 2022. Shares Weighted-Average Grant-Date Fair Value Per Unit Outstanding at December 31, 2021 103 $ 96.18 Granted 230 67.99 Exercised/Vested (47 ) 112.57 Forfeited (8 ) 105.62 Outstanding at December 31, 2022 278 $ 74.52 As of December 31, 2022 2023, 2024, 2025, 2026. Performance Based Restricted Stock Units — 2022. Shares Weighted-Average Grant-Date Fair Value Per Unit Outstanding at December 31, 2021 22 $ 111.65 Granted 158 57.52 Forfeited (4 ) 113.33 Outstanding at December 31, 2022 176 $ 63.01 As of December 31, 2022, 2023, 2024 2025. Grant Date Fair Value of Options 2022, 2021 2020 Expected Volatility— Weighted Average Expected Term 718, Stock Compensation Risk-Free Interest Rate Expected Dividend Yield not no Year Ended December 31, 2022 2021 2020 Weighted average exercise price of options granted $ 67.02 $ 155.00 $ 135.55 Expected volatility 52.5% 50.4% 46.9% 51.5% Average expected terms in years 6.5 6.1 5.8 7 Risk-free interest rate 3.8% 1.1% 0.3% 1.69% Expected dividend yield 0.0% 0.0% 0.0%

Note 10 - Earnings Per Share At

Note 10 - Earnings Per Share Attributable to Common Stockholders	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 10 Basic net earnings (loss) per share of common stock is calculated by dividing net income (loss) attributable to common stockholders by the weighted-average number of shares of common stock outstanding for the period. Diluted net earnings (loss) per share of common stock is computed by giving effect to all potentially dilutive securities. Diluted net loss per common share is the same as basic net loss per common share, due to the fact that potentially dilutive securities would have an antidilutive effect as the Company incurred a net loss in 2022, 2021 2020. In 2022, 2021 2020, The potentially dilutive securities excluded from the determination of diluted loss per share, as their effect is antidilutive, are as follows: Twelve Months Ended December 31, 2022 2021 2020 Service Period Stock Options 1,291 1,291 1,356 Restricted Stock Units 275 173 190 Performance Stock Options 1,107 972 1,009 Total 2,673 2,437 2,555

Note 11 - Retirement Plan

Note 11 - Retirement Plan	12 Months Ended
Note 11 - Retirement Plan	Dec. 31, 2022
Notes to Financial Statements
Compensation and Employee Benefit Plans, Other than Share-Based Compensation [Text Block]	Note 11 The Company sponsors a safe harbor 401 may 2022 2021 2020

Note 12 - Concentrations

Note 12 - Concentrations	12 Months Ended
Note 12 - Concentrations	Dec. 31, 2022
Notes to Financial Statements
Concentration Risk Disclosure [Text Block]	Note 12 Concentration of Credit Risk may Major Customers 2022 2021 2020 2022, 2021 2020, 10% December 31, 2022 December 31, 2021 Major Suppliers one 2022 2021 2020 The Company purchased approximately 91% of its packaging material from five vendors during 2022 2021 2020

Note 13 - Subsequent Events

Note 13 - Subsequent Events	12 Months Ended
Note 13 - Subsequent Events	Dec. 31, 2022
Notes to Financial Statements
Subsequent Events [Text Block]	Note 13 The Company evaluates events that have occurred after the balance sheet date but before the financial statements are issued for recognition or disclosures. The Company did not

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
Significant Accounting Policies (Policies)	Dec. 31, 2022
Accounting Policies [Abstract]
Nature of the Business [Policy Text Block]	Nature of the Business
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation may not may not
Consolidation, Policy [Policy Text Block]	Principles of Consolidation
Segment Reporting, Policy [Policy Text Block]	Segments
Equity Method Investments [Policy Text Block]	Equity method investment not 20% may one In applying the equity method, the Company records the investment at cost and subsequently increases or decreases the carrying amount of the investment by our proportionate share of the net income or loss. On March 10, 2022, not not 20%. not
Consolidation, Variable Interest Entity, Policy [Policy Text Block]	Variable interest entities
Use of Estimates, Policy [Policy Text Block]	Estimates and Uncertainties
Inventory, Policy [Policy Text Block]	Inventories first first
Property, Plant and Equipment, Policy [Policy Text Block]	Property, Plant and Equipment not two
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Long-Lived Assets may not not
Income Tax, Policy [Policy Text Block]	Income Taxes A valuation allowance is appropriate when management believes it is more likely than not, not December 31, 2022 2021
Share-Based Payment Arrangement [Policy Text Block]	Share-based Compensation
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash Equivalents three
Receivable [Policy Text Block]	Trade Account Receivable may
Implementation Costs of Cloud Computing Arrangement Policy [Policy Text Block]	Implementation Costs of Cloud Computing Arrangement December 31, 2022 2021, first 2022.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments 1 3 The three ● Level 1 1 ● Level 2 1 not 2 ● Level 3 3 one The carrying amounts reported in the balance sheets for cash and cash equivalents, other receivables, accounts payable and accrued expenses approximate their fair value based on the short-term maturity of these instruments. Certain assets, including the equity method investment, right-of-use assets and property and equipment are also subject to measurement at fair value on a non-recurring basis if they are deemed to be impaired as a result of an impairment review. As of December 31, 2022 1
Debt Issuance Cost [Policy Text Block]	Debt Issuance Cost first 2021, February 19, 2021 ( The Company amortizes debt issuance costs categorized as assets on a straight-line basis over the term of the loan and amortizes the debt issuance costs that are categorized net of debt using the effective interest method, over the term of the loan.
Revenue from Contract with Customer [Policy Text Block]	Revenue Recognition and Incentives not Revenue from product sales is recognized when obligations under the terms of the contract with the customer are satisfied, which occurs once control is transferred upon delivery to the customer. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods. The amount of consideration the Company receives and revenue the Company recognizes varies with changes in trade incentives the Company offers to its customers and their consumers. Trade incentives consists primarily of customer pricing allowances and merchandising funds, and consumer coupons are offered through various programs to customers and consumers. Estimates of trade promotion expense and coupon redemption costs are based upon programs offered, timing of those offers, estimated redemption/usage rates from historical performance, management’s experience and current economic trends. Sales taxes and other similar taxes are excluded from revenue. There were no contract assets as of December 31, 2022 2021 Net Sales Twelve Months Ended December 31, 2022 2021 2020 Grocery (including Online), Mass and Club $ 524,971 $ 356,965 $ 272,008 Pet Specialty and Natural 70,373 68,524 46,782 Net Sales (a) $ 595,344 $ 425,489 $ 318,790 (a) Online sales associated with each class of retailer are included within their respective total.
Advertising Cost [Policy Text Block]	Advertising first 2022 2021 2020 December 31, 2022, 2021 2020
Shipping and Handling Costs Freight Out [Policy Text Block]	Shipping and Handling Costs/Freight Out third 2022, 2021 2020,
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Adopted Standards The Company did not 2022. We consider the applicability and impact of all Accounting Standards Updates (ASUs) issued by the Financial Accounting Standards Board (FASB).

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Disaggregation of Revenue [Table Text Block]	Twelve Months Ended December 31, 2022 2021 2020 Grocery (including Online), Mass and Club $ 524,971 $ 356,965 $ 272,008 Pet Specialty and Natural 70,373 68,524 46,782 Net Sales (a) $ 595,344 $ 425,489 $ 318,790

Note 2 - Inventories (Tables)

Note 2 - Inventories (Tables)	12 Months Ended
Note 2 - Inventories (Tables)	Dec. 31, 2022
Notes Tables
Schedule of Inventory, Current [Table Text Block]	December 31, December 31, 2022 2021 Raw Materials and Work in Process $ 20,608 $ 13,339 Packaging Components Material 6,186 2,823 Finished Goods 31,639 19,704 58,433 35,866 Reserve for Obsolete Inventory (143 ) (292 ) Inventories, net $ 58,290 $ 35,574

Note 3 - Property, Plant and _2

Note 3 - Property, Plant and Equipment (Tables)	12 Months Ended
Note 3 - Property, Plant and Equipment (Tables)	Dec. 31, 2022
Notes Tables
Property, Plant and Equipment [Table Text Block]	December 31, December 31, 2022 2021 Refrigeration Equipment $ 137,875 $ 122,063 Machinery and Equipment 199,504 140,471 Building, Land, and Improvements 458,800 150,927 Furniture and Office Equipment 14,040 8,844 Leasehold Improvements 1,319 1,319 Construction in Progress 134,338 273,880 945,877 697,504 Less: Accumulated Depreciation (145,291 ) (113,582 ) Property, Plant and Equipment, net $ 800,586 $ 583,922

Note 4 - Income Taxes (Tables)

Note 4 - Income Taxes (Tables)	12 Months Ended
Note 4 - Income Taxes (Tables)	Dec. 31, 2022
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Year Ended December 31, 2022 2021 2020 Federal $ — $ — $ — State 282 162 65 International — — — $ 282 $ 162 $ 65
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Year Ended December 31, 2022 2021 2020 Tax at federal statutory rate 21.0 % 21.0 % 21.0 % State taxes, net of federal 3.6 % 7.4 % 39.2 % Permanent items 3.7 % 30.6 % 284.4 % Other (0.7 %) (0.2 %) 5.6 % State rate change 0.5 % (0.5 %) 0.2 % Valuation allowance (28.6 %) (58.8 %) (352.5 %) Effective tax rate (0.5 %) (0.5 %) (2.1 %)
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Year Ended December 31, 2022 2021 2020 Net operating loss $ 85,214 $ 73,436 $ 60,268 Stock option expense 18,709 12,169 6,454 Property and equipment (20,753 ) (14,957 ) (11,941 ) Other 5,920 2,845 1,194 Less: Valuation allowance (89,090 ) (73,493 ) (55,975 ) Net deferred income tax assets $ - $ - $ -

Note 5 - Accrued Expenses (Tabl

Note 5 - Accrued Expenses (Tables)	12 Months Ended
Note 5 - Accrued Expenses (Tables)	Dec. 31, 2022
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	2022 2021 Accrued Compensation and Employee Related Costs $ 8,559 $ 6,934 Accrued Construction Costs 4,235 — Accrued Chiller Cost 4,106 2,050 Accrued Customer Consideration 656 828 Accrued Freight 2,705 1,547 Accrued Production Expenses 3,755 1,862 Accrued Corporate and Marketing Expenses 3,794 1,081 Accrued Interest 922 — Other Accrued Expenses 4,284 648 Accrued Expenses $ 33,016 $ 14,950

Note 7 - Commitments and Cont_2

Note 7 - Commitments and Contingencies (Tables)	12 Months Ended
Note 7 - Commitments and Contingencies (Tables)	Dec. 31, 2022
Notes Tables
Lease, Cost [Table Text Block]	As of December 31, 2022 2021 Weighted-average remaining lease term 3.61 4.51 Weighted-average discount rate 6.2 % 6.2 % For the Twelve Months Ended December 31, 2022 2021 Operating lease cost $ 1,752 $ 1,779 For the Twelve Months Ended December 31, 2022 2021 Cash paid for amounts included in the measurement of lease liabilities $ 1,764 $ 1,753
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Operating Lease Obligations As of December 31, 2022 2023 $ 1,802 2024 1,511 2025 1,210 2026 1,239 2027 and beyond 337 Total lease payments $ 6,099 Less: Imputed interest (389 ) Present value of lease liabilities $ 5,710
Contractual Obligation, Fiscal Year Maturity [Table Text Block]	Manufacturing and Servicing Obligations December 31, 2022 2023 $ 3,288 2024 4,783 2025 and beyond 712 Total Manufacturing and Servicing Obligations $ 8,783

Note 8 - Warrants (Tables)

Note 8 - Warrants (Tables)	12 Months Ended
Note 8 - Warrants (Tables)	Dec. 31, 2022
Notes Tables
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	As of September 30, 2022 Exercise price of warrants granted $ 0.01 Expected volatility 52.5 % Expected terms in years 0.0 Risk-free interest rate 3.9 % Expected dividend yield 0.0 %

Note 9 - Equity Incentive Pla_2

Note 9 - Equity Incentive Plans and Equity (Tables)	12 Months Ended
Note 9 - Equity Incentive Plans and Equity (Tables)	Dec. 31, 2022
Notes Tables
Share-Based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]	Shares Weighted-Average Grant-Date Fair Value Per Unit Outstanding at December 31, 2021 103 $ 96.18 Granted 230 67.99 Exercised/Vested (47 ) 112.57 Forfeited (8 ) 105.62 Outstanding at December 31, 2022 278 $ 74.52 Shares Weighted-Average Grant-Date Fair Value Per Unit Outstanding at December 31, 2021 22 $ 111.65 Granted 158 57.52 Forfeited (4 ) 113.33 Outstanding at December 31, 2022 176 $ 63.01
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Year Ended December 31, 2022 2021 2020 Weighted average exercise price of options granted $ 67.02 $ 155.00 $ 135.55 Expected volatility 52.5% 50.4% 46.9% 51.5% Average expected terms in years 6.5 6.1 5.8 7 Risk-free interest rate 3.8% 1.1% 0.3% 1.69% Expected dividend yield 0.0% 0.0% 0.0%
Performance Stock Options [Member]
Notes Tables
Share-Based Payment Arrangement, Performance Shares, Outstanding Activity [Table Text Block]	Options Shares Weighted Average Exercise Price Average Remaining Contractual Term Aggregate Intrinsic Value Outstanding at December 31, 2021 2,067 $ 74.71 Granted - - Exercised (35 ) 84.45 Forfeited (107 ) 73.80 Outstanding at December 31, 2022 1,925 $ 75.50 6.00 $ 36,989 Exercisable at December 31, 2022 1,107 $ 19.53 4.69 $ 36,989
Service Period Stock Options [Member]
Notes Tables
Share-Based Payment Arrangement, Option, Activity [Table Text Block]	Options Shares Weighted Average Exercise Price Average Remaining Contractual Term Aggregate Intrinsic Value Outstanding at December 31, 2021 1,287 $ 50.37 Granted 40 67.02 Exercised (9 ) 76.07 Forfeited (27 ) 62.08 Outstanding at December 31, 2022 1,291 $ 51.63 5.41 $ 33,958 Exercisable at December 31, 2022 1,040 $ 32.61 4.69 $ 33,958

Note 10 - Earnings Per Share _2

Note 10 - Earnings Per Share Attributable to Common Stockholders (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Twelve Months Ended December 31, 2022 2021 2020 Service Period Stock Options 1,291 1,291 1,356 Restricted Stock Units 275 173 190 Performance Stock Options 1,107 972 1,009 Total 2,673 2,437 2,555

Note 1 - Summary of Significa_3

Note 1 - Summary of Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands		12 Months Ended
	Mar. 10, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Sep. 02, 2020
Payments to Acquire Equity Method Investments		$ 3,293	$ 0	$ 27,894
Equity Method Investments		25,418	25,856
Implementation Costs		9,444	7,380
Debt Issuance Costs, Net, Total		3,263
Contract with Customer, Asset, after Allowance for Credit Loss, Total		0	0
Advertising Expense		71,720	53,687	38,483
Prepaid Advertising		553	1,173	128
Cost of Goods and Services Sold, Total		409,311	263,343	185,880
Shipping and Handling [Member]
Cost of Goods and Services Sold, Total		63,891	$ 47,713	$ 27,167
Draw Term Loan [Member]
Amortization of Debt Issuance Costs		485
Draw Term Loan [Member] \| Credit Facility [Member]
Debt Issuance Costs, Net, Total		$ 2,797
Furniture and Fixtures [Member]
Property, Plant and Equipment, Useful Life (Year)		7 years
Transportation Equipment [Member]
Property, Plant and Equipment, Useful Life (Year)		5 years
Refrigeration Equipment [Member]
Property, Plant and Equipment, Useful Life (Year)		9 years
Machinery and Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)		5 years
Machinery and Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)		10 years
Plated and Dies [Member]
Property, Plant and Equipment, Useful Life (Year)		2 years
Building and Building Improvements [Member] \| Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)		15 years
Building and Building Improvements [Member] \| Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)		39 years
Privately Held Company, Not Primary Beneficiary [Member]
Payments to Acquire Equity Method Investments	$ 3,300,000
Equity Method Investment, Ownership Percentage					19%
Equity Method Investments	$ 31,200,000

Note 1 - Nature of the Business

Note 1 - Nature of the Business and Summary of Significant Accounting Policies - Net Sales by Class of Retailer (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Net Sales	[1]	$ 595,344	$ 425,489	$ 318,790
Grocery (including Online), Mass and Club [Member]
Net Sales		524,971	356,965	272,008
Pet Specialty and Natural [Member]
Net Sales		$ 70,373	$ 68,524	$ 46,782

[1]Online sales associated with each class of retailer are included within their respective total.

Note 2 - Inventories - Summary

Note 2 - Inventories - Summary of Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Raw Materials and Work in Process	$ 20,608	$ 13,339
Packaging Components Material	6,186	2,823
Finished Goods	31,639	19,704
Inventory, Gross, Total	58,433	35,866
Reserve for Obsolete Inventory	(143)	(292)
Inventories, net	$ 58,290	$ 35,574

Note 3 - Property, Plant and _3

Note 3 - Property, Plant and Equipment (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Depreciation, Depletion and Amortization, Total	$ 34,332	$ 29,467	$ 20,805
Cost of Sales [Member]
Depreciation, Depletion and Amortization, Total	$ 20,774	$ 16,545	$ 9,576

Note 3 - Property, Plant and _4

Note 3 - Property, Plant and Equipment - Summary of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Property, plant and equipment, gross	$ 945,877	$ 697,504
Less: Accumulated Depreciation	(145,291)	(113,582)
Property, Plant and Equipment, net	800,586	583,922
Refrigeration Equipment [Member]
Property, plant and equipment, gross	137,875	122,063
Machinery and Equipment [Member]
Property, plant and equipment, gross	199,504	140,471
Land, Buildings and Improvements [Member]
Property, plant and equipment, gross	458,800	150,927
Furniture and Office Equipment [Member]
Property, plant and equipment, gross	14,040	8,844
Leasehold Improvements [Member]
Property, plant and equipment, gross	1,319	1,319
Construction in Progress [Member]
Property, plant and equipment, gross	$ 134,338	$ 273,880

Note 4 - Income Taxes (Details

Note 4 - Income Taxes (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Unrecognized Tax Benefits, Ending Balance	$ 0	$ 0	$ 0
Income Tax Examination, Penalties and Interest Expense, Total	0	$ 0	$ 0
Domestic Tax Authority [Member]
Operating Loss Carryforwards	340,300
Operating Loss Carryforwards, Subject to Expiration	175,400
Operating Loss Carryforwards, Not Subject to Expiration	164,900
State and Local Jurisdiction [Member]
Operating Loss Carryforwards, Subject to Expiration	259,400
Operating Loss Carryforwards, Not Subject to Expiration	$ 14,300

Note 4 - Income Taxes - Compone

Note 4 - Income Taxes - Components of Income Tax Expense Benefit (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Federal	$ 0	$ 0	$ 0
State	282	162	65
International	0	0	0
Current Income Tax Expense (Benefit), Total	$ 282	$ 162	$ 65

Note 4 - Income Taxes - Effecti

Note 4 - Income Taxes - Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Tax at federal statutory rate	21%	21%	21%
State taxes, net of federal	3.60%	7.40%	39.20%
Permanent items	3.70%	30.60%	284.40%
Other	(0.70%)	(0.20%)	5.60%
State rate change	0.50%	(0.50%)	0.20%
Valuation allowance	(28.60%)	(58.80%)	(352.50%)
Effective tax rate	(0.50%)	(0.50%)	(2.10%)

Note 4 - Income Taxes - Deferre

Note 4 - Income Taxes - Deferred Tax Assets And Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Net operating loss	$ 85,214	$ 73,436	$ 60,268
Stock option expense	18,709	12,169	6,454
Property and equipment	(20,753)	(14,957)	(11,941)
Other	5,920	2,845	1,194
Less: Valuation allowance	(89,090)	(73,493)	(55,975)
Net deferred income tax assets	$ 0	$ 0	$ 0

Note 5 - Accrued Expenses - Sum

Note 5 - Accrued Expenses - Summary of Accrued Expenses (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Accrued Compensation and Employee Related Costs	$ 8,559	$ 6,934
Accrued Construction Costs	4,235	0
Accrued Chiller Cost	4,106	2,050
Accrued Customer Consideration	656	828
Accrued Freight	2,705	1,547
Accrued Production Expenses	3,755	1,862
Accrued Corporate and Marketing Expenses	3,794	1,081
Accrued Interest	922	0
Other Accrued Expenses	4,284	648
Accrued Expenses	$ 33,016	$ 14,950

Note 6 - Debt (Details Textual)

Note 6 - Debt (Details Textual) - USD ($) $ in Thousands		1 Months Ended	12 Months Ended
Note 6 - Debt (Details Textual) - USD ($) $ in Thousands	Apr. 17, 2020	Nov. 04, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Feb. 19, 2021
Debt Issuance Costs, Net, Total			$ 3,263
Interest Expense, Debt, Total			5,208	$ 2,882	$ 1,212
Interest Payable, Current			922	0
Credit Facility [Member]
Debt Agreement, Maximum Borrowing Capacity						$ 350,000
Long-Term Debt, Total			0
Repayments of Debt		$ 75,214	78,000
Debt Issuance Costs, Net, Total			3,166
Unamortized Debt Issuance Expense			2,478	3,272
Interest Payable, Current			904	0	$ 135
Credit Facility [Member] \| Other Assets [Member]
Debt Issuance Costs, Net, Total			1,685	2,478
Credit Facility [Member] \| Other Current Assets [Member]
Debt Issuance Costs, Net, Total			$ 793	$ 793
Credit Facility [Member] \| Minimum [Member]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage			0.30%
Credit Facility [Member] \| Maximum [Member]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage			0.50%
Credit Facility [Member] \| Base Rate [Member] \| Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	0.75%
Credit Facility [Member] \| Base Rate [Member] \| Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	2.25%
Credit Facility [Member] \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] \| Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	1.75%
Credit Facility [Member] \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] \| Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	3.25%
Credit Facility [Member] \| Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 35,000					50,000
Credit Facility [Member] \| Draw Term Loan [Member]
Long-Term Debt, Total	$ 130,000					$ 300,000
Draw Term Loan [Member]
Amortization of Debt Issuance Costs			$ 485

Note 7 - Commitments and Cont_3

Note 7 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	Apr. 08, 2022	Dec. 31, 2022	Dec. 31, 2021
Lessee, Operating Lease, Renewal Term (Year)		5 years
Other Assets, Noncurrent		$ 28,426	$ 13,670
Phillips Feed Service, Inc., d/b/a Phillips Feed And Pet Supply Complaint [Member]
Loss Contingency, Damages Sought, Value	$ 8,300
Other Assets, Noncurrent		$ 8,971
Minimum [Member]
Lessee, Operating Lease, Remaining Lease Term (Year)		2 years
Maximum [Member]
Lessee, Operating Lease, Remaining Lease Term (Year)		5 years

Note 7 - Commitments and Cont_4

Note 7 - Commitments and Contingencies - Lease Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Weighted-average remaining lease term (Year)	3 years 7 months 9 days	4 years 6 months 3 days
Weighted-average discount rate	6.20%	6.20%
Operating lease cost	$ 1,752	$ 1,779
Cash paid for amounts included in the measurement of lease liabilities	$ 1,764	$ 1,753

Note 7 - Commitment and Conting

Note 7 - Commitment and Contingencies - Maturities of Lease Liabilities (Details) $ in Thousands	Dec. 31, 2022 USD ($)
2023	$ 1,802
2024	1,511
2025	1,210
2026	1,239
2027 and beyond	337
Total lease payments	6,099
Less: Imputed interest	(389)
Present value of lease liabilities	$ 5,710

Note 7 - Commitments and Cont_5

Note 7 - Commitments and Contingencies - Contractual Obligation Fiscal Year Maturity Schedule (Details) $ in Thousands	Dec. 31, 2022 USD ($)
2023	$ 3,288
2024	4,783
2025 and beyond	712
Total Manufacturing and Servicing Obligations	$ 8,783

Note 8 - Warrants (Details Text

Note 8 - Warrants (Details Textual) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2022 $ / shares shares	Dec. 31, 2022 USD ($) $ / shares shares
Class Of Warrant Or Right, Issued During Period (in shares) \| shares	194	194
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) \| $ / shares	$ 0.01
Class of Warrant or Right, Exercised During Period (in shares) \| shares		194
Class of Warrant or Right, Granted During the Period, Fair Value Per Share (in dollars per share) \| $ / shares		$ 50.32
Amortization of Warrants		$ 2,587
Measurement Input, Exercise Price [Member]
Warrants and Rights Outstanding, Measurement Input		0.01
Measurement Input, Expected Dividend Rate [Member]
Warrants and Rights Outstanding, Measurement Input		0
Current Prepaid Expenses [Member]
Warrants and Rights Outstanding		$ 5,750
Other Assets [Member]
Warrants and Rights Outstanding		$ 1,438

Note 8 - Warrants - Valuation T

Note 8 - Warrants - Valuation Techniques (Details)	Dec. 31, 2022
Measurement Input, Exercise Price [Member]
Warrants and Rights Outstanding, Measurement Input	0.01
Measurement Input, Price Volatility [Member]
Warrants and Rights Outstanding, Measurement Input	52.5
Measurement Input, Expected Term [Member]
Warrants and Rights Outstanding, Measurement Input	0
Measurement Input, Risk Free Interest Rate [Member]
Warrants and Rights Outstanding, Measurement Input	3.9
Measurement Input, Expected Dividend Rate [Member]
Warrants and Rights Outstanding, Measurement Input	0

Note 9 - Equity Incentive Pla_3

Note 9 - Equity Incentive Plans and Equity (Details Textual) - USD ($) $ / shares in Units, Pure in Thousands, $ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	Sep. 30, 2022	Mar. 31, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2016
Share-Based Payment Arrangement, Expense			$ 23,505	$ 24,998	$ 10,925
Share-Based Payment Arrangement, Expensed and Capitalized, Amount, Total			$ 0	$ 71	$ 232
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)			$ 37.39	$ 74.90	$ 68.93
Executive Vice President [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)		3 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)		15,000,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures in Period (in shares)	5,000,000
Service Period Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)			40
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures in Period (in shares)			27
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount			$ 14,411
Service Period Stock Options [Member] \| Share-Based Payment Arrangement, Tranche One [Member]
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount			5,321
Service Period Stock Options [Member] \| Share-Based Payment Arrangement, Tranche Two [Member]
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount			8,470
Service Period Stock Options [Member] \| Share-Based Payment Arrangement, Tranche Three [Member]
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount			$ 620
Service Period Stock Options [Member] \| Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)		4 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)			40,120,000			500,000,000
Share-Based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate			0%	0%	0%
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)			230
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)			278	103
Restricted Stock Units (RSUs) [Member] \| Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)			22,381,000
Performance Stock Options [Member] \| Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)						500,000,000
Performance Stock Options With Probable Vesting Criteria [Member]
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount			$ 19,779
Performance Stock Options With Probable Vesting Criteria [Member] \| Share-Based Payment Arrangement, Tranche One [Member]
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount			9,926
Performance Stock Options With Probable Vesting Criteria [Member] \| Share-Based Payment Arrangement, Tranche Two [Member]
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount			$ 9,853
Performance Stock Options Deemed Not Probable To Vest [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)			311,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value			$ 22,775
Service Period Restricted Stock Units [Member]
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount			13,108
Service Period Restricted Stock Units [Member] \| Share-Based Payment Arrangement, Tranche One [Member]
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount			6,537
Service Period Restricted Stock Units [Member] \| Share-Based Payment Arrangement, Tranche Two [Member]
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount			4,276
Service Period Restricted Stock Units [Member] \| Share-Based Payment Arrangement, Tranche Three [Member]
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount			2,295
Service Period Restricted Stock Units [Member] \| Share-based Payment Arrangement, Tranche Four [Member]
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount			$ 1,328
Performance Based Restricted Stock Units [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)			158
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount			$ 9,459
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)			176	22
Performance Based Restricted Stock Units [Member] \| Share-Based Payment Arrangement, Tranche One [Member]
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount			$ 3,456
Performance Based Restricted Stock Units [Member] \| Share-Based Payment Arrangement, Tranche Two [Member]
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount			3,402
Performance Based Restricted Stock Units [Member] \| Share-Based Payment Arrangement, Tranche Three [Member]
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount			$ 2,600
Stock Plan 2010 [Member] \| Service Period Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)			4 years
The 2010 Stock Plan [Member] \| Share-Based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)			10 years
Omnibus Incentive Plan 2014 [Member] \| Service Period Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)			3 years
Omnibus Incentive Plan 2014 [Member] \| Service Period Stock Options [Member] \| Share-Based Payment Arrangement, Employee [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)			3 years
Omnibus Incentive Plan 2014 [Member] \| Restricted Stock Units (RSUs) [Member] \| Share-Based Payment Arrangement, Employee [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)			1 year
Cost of Sales [Member]
Share-Based Payment Arrangement, Expense			$ 4,706	$ 4,152	$ 2,132
Selling, General and Administrative Expenses [Member]
Share-Based Payment Arrangement, Expense			$ 18,799	$ 20,846	$ 8,793

Note 9 - Equity Incentive Pla_4

Note 9 - Equity Incentive Plans and Equity - Stock Options Activity (Details) - Service Period Stock Options [Member] $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) $ / shares shares
Balance (in shares) \| shares	1,287
Balance, weighted average exercise price (in dollars per share) \| $ / shares	$ 50.37
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares) \| shares	40
Granted, weighted average exercise price (in dollars per share) \| $ / shares	$ 67.02
Exercised (in shares) \| shares	(9)
Exercised, weighted average exercise price (in dollars per share) \| $ / shares	$ 76.07
Forfeited (in shares) \| shares	(27)
Forfeited, weighted average exercise price (in dollars per share) \| $ / shares	$ 62.08
Balance (in shares) \| shares	1,291
Balance, weighted average exercise price (in dollars per share) \| $ / shares	$ 51.63
Balance, average remaining contractual term (Year)	5 years 4 months 28 days
Balance, aggregate intrinsic value \| $	$ 33,958
Exercisable (in shares) \| shares	1,040
Exercisable, weighted average exercise price (in dollars per share) \| $ / shares	$ 32.61
Exercisable, average remaining contractual term (Year)	4 years 8 months 8 days
Exercisable, aggregate intrinsic value \| $	$ 33,958

Note 9 - Equity Incentive Pla_5

Note 9 - Equity Incentive Plans and Equity - Share Based Compensation Performance Shares Award Outstanding (Details) - Performance Shares [Member] $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) $ / shares shares
Balance (in shares) \| shares	2,067
Balance, weighted average exercise price (in dollars per share) \| $ / shares	$ 74.71
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) \| shares	0
Granted, weighted average exercise price (in dollars per share) \| $ / shares	$ 0
Exercised (in shares) \| shares	(35)
Exercised, weighted average exercise price (in dollars per share) \| $ / shares	$ 84.45
Forfeited (in shares) \| shares	(107)
Forfeited, weighted average exercise price (in dollars per share) \| $ / shares	$ 73.80
Balance (in shares) \| shares	1,925
Balance, weighted average exercise price (in dollars per share) \| $ / shares	$ 75.50
Balance, average remaining contractual term (Year)	6 years
Balance, aggregate instrinsic value \| $	$ 36,989
Exercisable (in shares) \| shares	1,107
Exercisable, weighted average exercise price (in dollars per share) \| $ / shares	$ 19.53
Exercisable, average remaining contractual term (Year)	4 years 8 months 8 days
Exercisable, aggregate instrinsic value \| $	$ 36,989

Note 9 - Equity Incentive Pla_6

Note 9 - Equity Incentive Plans and Equity - Restricted Stock Units Award Activity (Details)	12 Months Ended
	Dec. 31, 2022 $ / shares shares
Restricted Stock Units (RSUs) [Member]
Balance (in shares) \| shares	103
Balance, weighted average grant date fair value (in dollars per share) \| $ / shares	$ 96.18
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) \| shares	230
Granted, weighted average grant date fair value (in dollars per share) \| $ / shares	$ 67.99
Exercised/Vested (in shares) \| shares	(47)
Exercised/Vested, weighted average grant date fair value (in dollars per share) \| $ / shares	$ 112.57
Forfeited (in shares) \| shares	(8)
Forfeited, weighted average grant date fair value (in dollars per share) \| $ / shares	$ 105.62
Balance (in shares) \| shares	278
Balance, weighted average grant date fair value (in dollars per share) \| $ / shares	$ 74.52
Performance Based Restricted Stock Units [Member]
Balance (in shares) \| shares	22
Balance, weighted average grant date fair value (in dollars per share) \| $ / shares	$ 111.65
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) \| shares	158
Granted, weighted average grant date fair value (in dollars per share) \| $ / shares	$ 57.52
Forfeited (in shares) \| shares	(4)
Forfeited, weighted average grant date fair value (in dollars per share) \| $ / shares	$ 113.33
Balance (in shares) \| shares	176
Balance, weighted average grant date fair value (in dollars per share) \| $ / shares	$ 63.01

Note 9 - Equity Incentive Pla_7

Note 9 - Equity Incentive Plans and Equity - Schedule Of Share Based Payment Award Stock Options Valuation Assumptions (Details) - Share-Based Payment Arrangement, Option [Member] - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Weighted average exercise price of options granted (in dollars per share)	$ 67.02	$ 155	$ 135.55
Expected volatility	52.50%	50.40%
Expected volatility			46.90%
Expected volatility			51.50%
Average expected terms in years (Year)	6 years 6 months	6 years 1 month 6 days
Risk-free interest rate	3.80%	1.10%
Expected dividend yield	0%	0%	0%
Minimum [Member]
Average expected terms in years (Year)			5 years 9 months 18 days
Risk-free interest rate			0.30%
Maximum [Member]
Average expected terms in years (Year)			7 years

Note 10 - Earnings Per Share _3

Note 10 - Earnings Per Share Attributable to Common Stockholders (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Preferred Stock Dividends and Other Adjustments, Total	$ 0	$ 0	$ 0

Note 10 - Earnings Per Share _4

Note 10 - Earnings Per Share Attributable to Common Stockholders - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Antidilutive Securities (in shares)	2,673	2,437	2,555
Service Period Stock Options [Member]
Antidilutive Securities (in shares)	1,291	1,291	1,356
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities (in shares)	275	173	190
Performance Stock Options [Member]
Antidilutive Securities (in shares)	1,107	972	1,009

Note 11 - Retirement Plan (Deta

Note 11 - Retirement Plan (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 2,297	$ 1,829	$ 1,416
Maximum [Member]
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent	50%

Note 12 - Concentrations (Detai

Note 12 - Concentrations (Details Textual)	12 Months Ended
Note 12 - Concentrations (Details Textual)	Dec. 31, 2022 USD ($)	Dec. 31, 2021	Dec. 31, 2020
Customer Concentration Risk [Member] \| Revenue Benchmark [Member]
Number of Distributors	1	1	1
Number of Major Customers	1	0
Customer Concentration Risk [Member] \| Revenue Benchmark [Member] \| One Distributor [Member]
Concentration Risk, Percentage	8%	16%	18%
Customer Concentration Risk [Member] \| Revenue Benchmark [Member] \| One Customer [Member]
Concentration Risk, Percentage	10%
Customer Concentration Risk [Member] \| Accounts Receivable [Member]
Number of Distributors	2	2
Number of Major Customers	2	2
Customer Concentration Risk [Member] \| Accounts Receivable [Member] \| One Distributor [Member]
Concentration Risk, Percentage	15%	20%
Customer Concentration Risk [Member] \| Accounts Receivable [Member] \| Two Distributor [Member]
Concentration Risk, Percentage	6%	10%
Customer Concentration Risk [Member] \| Accounts Receivable [Member] \| Customer One[Member]
Concentration Risk, Percentage	26%	14%
Customer Concentration Risk [Member] \| Accounts Receivable [Member] \| Customer Two [Member]
Concentration Risk, Percentage	11%	13%
Customer Concentration Risk [Member] \| Cost of Goods and Service, Product and Service Benchmark [Member] \| Raw Materials [Member]
Number of Distributors	1
Concentration Risk, Percentage	33%	21%
Number of Vendors		1
Supplier Concentration Risk [Member] \| Cost of Goods and Service, Product and Service Benchmark [Member] \| Raw Materials [Member]
Concentration Risk, Percentage			23%
Number of Vendors			1
Supplier Concentration Risk [Member] \| Cost of Goods and Service, Product and Service Benchmark [Member] \| Packaging Materials [Member]
Concentration Risk, Percentage	91%	84%	88%
Number of Vendors	5	5	5
Maximum [Member]
Cash, FDIC Insured Amount	$ 250,000