XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 34,656 $ 43,425
Restricted cash 6,480 6,689
Accounts receivable - trade, net of allowance of $30 and $62, respectively 47,944 43,042
Notes receivable 8,148 401
Inventories 92,516 110,397
Prepaid income tax 1 2
Prepaid expenses and other current assets 4,334 5,213
Total current assets 194,079 209,169
Property, plant and equipment, net 243,035 252,984
Land use rights, net 5,856 5,854
Operating right of use asset 7,078 7,729
Financing right of use asset 57 88
Intangible assets, net 3,836 3,999
Other assets, net 518 982
TOTAL ASSETS 454,459 480,805
Current liabilities    
Current portion of notes payable and long-term debt 49,689 38,265
Accounts payable 34,402 29,482
Bank acceptance payable 8,198 15,860
Current lease liability - operating 1,062 1,012
Current lease liability - financing 19 18
Accrued liabilities 15,587 18,511
Total current liabilities 108,957 103,148
Notes payable and long-term debt, less current portion 5,000 13,904
Convertible senior notes 78,680 77,854
Non-current lease liability - operating 7,189 7,926
Non-current lease liability - financing 63 82
TOTAL LIABILITIES 199,889 202,914
Stockholders' equity:    
Preferred Stock; 5,000 shares authorized at $0.001 par value; no shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively 0
Common Stock; 45,000 shares authorized at $0.001 par value; 27,323 and 25,110 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively 27 25
Additional paid-in capital 381,143 354,685
Accumulated other comprehensive income 16,071 11,690
Accumulated deficit (142,671) (88,509)
TOTAL STOCKHOLDERS' EQUITY 254,570 277,891
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 454,459 $ 480,805