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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 21,940 $ 24,685
Restricted cash 9,301 10,902
Accounts receivable - trade, net of allowance of $1 and $28, respectively 60,751 61,175
Notes receivable 0 339
Inventories 67,533 79,679
Prepaid income tax 2 0
Prepaid expenses and other current assets 4,871 6,384
Total current assets 164,398 183,164
Property, plant and equipment, net 193,828 210,184
Land use rights, net 4,992 5,238
Operating right of use asset 4,992 5,566
Financing right of use asset 3 26
Intangible assets, net 3,626 3,699
Other assets, net 1,953 386
TOTAL ASSETS 373,792 408,263
Current liabilities    
Accounts payable 34,854 47,845
Bank acceptance payable 14,383 12,337
Accrued liabilities 16,383 17,222
Unearned revenue 10,073 3,000
Current lease liability - operating 1,059 1,041
Current lease liability - financing 49 63
Current portion of notes payable and long-term debt 31,323 57,074
Current portion of Convertible senior notes 80,124 0
Total current liabilities 188,248 138,582
Unearned revenue, Net of Current portion 2,424 0
Non-current lease liability - operating 4,767 5,505
Convertible senior notes 0 79,506
TOTAL LIABILITIES 195,439 223,593
Stockholders' equity:    
Common Stock; 80,000 shares authorized at $0.001 par value; 34,266 and 28,622 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 34 29
Additional paid-in capital 431,766 391,526
Accumulated other comprehensive income (2,188) 2,183
Accumulated deficit (251,259) (209,068)
TOTAL STOCKHOLDERS' EQUITY 178,353 184,670
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 373,792 $ 408,263