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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 21,578 $ 24,685
Restricted cash 7,034 10,902
Accounts receivable - trade, net of allowance of $9 and $28, respectively 42,598 61,175
Notes receivable 782 339
Inventories 66,321 79,679
Prepaid income tax 2 0
Prepaid expenses and other current assets 6,231 6,384
Total current assets 144,546 183,164
Property, plant and equipment, net 197,879 210,184
Land use rights, net 4,990 5,238
Operating right of use asset 5,296 5,566
Financing right of use asset 10 26
Intangible assets, net 3,625 3,699
Other assets, net 531 386
TOTAL ASSETS 356,877 408,263
Current liabilities    
Accounts payable 35,111 47,845
Bank acceptance payable 8,637 12,337
Accrued liabilities 14,702 17,222
Unearned revenue 10,720 3,000
Current lease liability - operating 1,055 1,041
Current lease liability - financing 53 63
Current portion of notes payable and long-term debt 37,276 57,074
Current portion of Convertible senior notes 79,916 0
Total current liabilities 187,470 138,582
Unearned revenue, Net of Current portion 1,000 0
Non-current lease liability - operating 5,148 5,505
Convertible senior notes 0 79,506
TOTAL LIABILITIES 193,618 223,593
Stockholders' equity:    
Common Stock; 45,000 shares authorized at $0.001 par value; 31,785 and 28,622 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 32 29
Additional paid-in capital 407,003 391,526
Accumulated other comprehensive income (1,470) 2,183
Accumulated deficit (242,306) (209,068)
TOTAL STOCKHOLDERS' EQUITY 163,259 184,670
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 356,877 $ 408,263