NATURES SUNSHINE PRODUCTS INC
For the period ended Dec 31, 2024. Filed Mar 11, 2025.
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FY2024 · Filed Mar 11, 2025
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Signatures
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Nature’s Sunshine Products, Inc.
| Date: | March 11, 2025 | By: | /s/ Terrence O. Moorehead |
|---|---|---|---|
| Terrence O. Moorehead, | |||
| Chief Executive Officer (Principal Executive Officer) | |||
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Terrence O. Moorehead and L. Shane Jones, jointly and severally, his attorney-in-fact, each with the full power of substitution, for such person, in any and all capacities, to sign any and all amendments to this Annual Report on Form 10-K, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he might do or could do in person hereby ratifying and confirming all that each of said attorneys-in-fact and agents, or his substitute, may do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| Signature | Title | Date |
|---|---|---|
| /s/ Terrence O. Moorehead | Chief Executive Officer and Director | March 11, 2025 |
| Terrence O. Moorehead | (Principal Executive Officer) | |
| /s/ Richard D. Moss | Chairman of the Board and Director | March 11, 2025 |
| Richard D. Moss | ||
| /s/ L. Shane Jones | Executive Vice President, Chief Financial Officer and Treasurer | March 11, 2025 |
| L. Shane Jones | (Principal Financial Officer) | |
| /s/ Jonathan D. Lanoy | Senior Vice President, Chief Accounting Officer | March 11, 2025 |
| Jonathan D. Lanoy | (Principal Accounting Officer) | |
| /s/ Steven J. Fasching | Director | March 11, 2025 |
| Steven J. Fasching | ||
| /s/ Curtis Kopf | Director | March 11, 2025 |
| Curtis Kopf | ||
| /s/ Katie A. May | Director | March 11, 2025 |
| Katie A. May | ||
| /s/ Tess Roering | Director | March 11, 2025 |
| Tess Roering | ||
| /s/ Robert D. Straus | Director | March 11, 2025 |
| Robert D. Straus | ||
| /s/ J. Christopher Teets | Director | March 11, 2025 |
| J. Christopher Teets | ||
| /s/ Heidi Wissmiller | Director | March 11, 2025 |
| Heidi Wissmiller | ||
| /s/ Rong Yang | Director | March 11, 2025 |
| Rong Yang | ||
SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS
FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023
| Description | Balance atBeginningof Year | Provisions | AmountsWritten Off | AmountsRecovered | Effect ofCurrencyTranslation | Balance atEnd of Year |
|---|---|---|---|---|---|---|
| Allowance for doubtful accounts receivable | $143 | $9 | $(54) | $— | $(1) | $97 |
| Allowance for sales returns | 278 | 2,137 | (2,049) | — | (6) | 360 |
| Tax valuation allowance | 18,534 | 6,160 | (5,500) | — | (330) | 18,864 |
| Allowance for doubtful accounts receivable | $120 | $50 | $(28) | $— | $1 | $143 |
| Allowance for sales returns | 543 | 1,859 | (2,112) | — | (12) | 278 |
| Tax valuation allowance | 18,049 | 331 | — | — | 154 | 18,534 |
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