Horizon Kinetics Holding Corp

The specialty retailer channel includes primarily beauty supply stores, such as Ulta Beauty, Inc. (“Ulta”), our second largest customer, apparel retailers, and department stores.

The specialty retailer channel includes primarily beauty supply stores, such as Ulta Beauty, Inc. (“Ulta”), our second largest customer, apparel retailers, and department stores.

The specialty retailer channel includes primarily beauty supply stores, such as Ulta Beauty, Inc. (“Ulta”), our second largest customer, apparel retailers, and department stores.

The specialty retailer channel includes primarily beauty supply stores, such as Ulta Salon, Cosmetics & Fragrance, Inc. (“Ulta”), our second largest customer, apparel retailers, and department stores.

The specialty retailer channel includes primarily beauty supply stores, such as Ulta Salon, Cosmetics & Fragrance, Inc. (“Ulta”), our largest customer, apparel retailers, and department stores.

The specialty retailer channel includes primarily beauty supply stores, such as Ulta Salon, Cosmetics & Fragrance, Inc. (“Ulta”), our largest customer, apparel retailers, department stores, hair salons and distributors to hair salons.

The specialty retailer channel includes primarily beauty supply stores, such as Ulta Salon, Cosmetics & Fragrance, Inc. (“Ulta”), our largest customer, apparel retailers, department stores, hair salons and distributors to hair salons.

We evaluate segment performance based on segment income or loss before income taxes.37 The following provides information on our segments as of and for the years ended December 31: 2022 Household Products Health and Beauty Care Products Corporate Total Net sales $ 11,763 $ 4,807 $ - $ 16,570 Loss from operations (6,574 ) (1,742 ) - (8,316 ) Identifiable assets 5,968 3,730 1,033 10,731 Capital and intangible asset expenditures - - 142 142 Depreciation and amortization 487 135 - 622 2021 Household Products Health and Beauty Care Products Corporate Total Net sales $ 14,152 $ 15,590 $ - $ 29,742 Loss from operations (3,963 ) (2,562 ) - (6,525 ) Identifiable assets 13,207 6,398 1,264 20,869 Capital and intangible asset expenditures - - 469 469 Depreciation and amortization 1,202 618 - 1,820 Corporate assets noted above are comprised of our income tax receivable and internal-use software.CustomersNet sales to significant customers were the following for the years ended December 31, 2022 and 2021, respectively: 2022 2021 Walmart $ 7,111 $ 11,102 Ulta $ 146 $ 6,764 Outstanding accounts receivable from significant customers represented the following percentages of our total accounts receivable as of December 31, 2022 and 2021, respectively: 2022 2021 Walmart 32.7 % 51.7 % Ulta 0.0 % 2.9 % A loss of any of our significant customers could have a material adverse effect on us because it is uncertain whether our consumer base served by these customers would purchase our products at other retail outlets.

Walmart 51.7 % 39.7 %

Walmart 39.7 % 45.0 %

Walmart 45.0 % 45.7 %

Walmart 45.7 % 53.8 %

The outstanding accounts receivable from Wal-Mart accounted for 53.8% and 48.9% of our total accounts receivable at December 31, 2017 and 2016, respectively.

The outstanding accounts receivable from Wal-Mart accounted for 48.9% and 9.8% of our total accounts receivable at December 31, 2016 and 2015, respectively.

The outstanding trade receivables from Wal-Mart accounted for 9.8% and 14.0% of our total trade receivables at December 31, 2015 and 2014, respectively.

The outstanding trade receivables from Wal-Mart accounted for 14.0% and 13.7% of our total trade receivables at December 31, 2014 and 2013, respectively.