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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 23,426 $ 28,229
Accounts receivable 51,814 49,478
Net investment in leases 15,052 12,482
Inventories 23,020 19,217
Prepaid expenses and other current assets 3,484 4,141
Total current assets 116,796 113,547
Non-current assets    
Property and equipment, net 6,677 6,750
Right of use operating lease assets 21,975 23,984
Intangible assets, net 51,308 54,081
Goodwill 31,063 31,063
Accounts receivable, non-current 17,703 12,847
Other non-current assets 3,004 1,998
Total non-current assets 131,730 130,723
Total assets 248,526 244,270
Current liabilities    
Accounts payable 11,171 5,023
Note payable 2,968 2,960
Earn-out, current 10,000 3,250
Accrued payroll and related taxes 13,575 12,139
Accrued expenses 6,953 5,262
Income taxes payable 11 16
Operating lease liabilities 2,486 2,506
Other current liabilities 8,497 3,305
Total current liabilities 55,661 34,461
Non-current liabilities    
Revolving line of credit, non-current 24,904 24,857
Note payable, non-current 21,721 26,933
Earn-out, non-current 7,098 2,950
Accrued warranty reserve, non-current 2,892 3,108
Income taxes payable, non-current 298 348
Operating lease liabilities, non-current 21,506 23,354
Deferred income taxes 49 32
Total non-current liabilities 78,468 81,582
Total liabilities 134,129 116,043
Stockholders' equity:    
Preferred stock, $0.001 par value, 50,000,000 shares authorized; none issued and outstanding as of September 30, 2022 and December 31, 2021
Common stock, $0.001 par value, 300,000,000 shares authorized; 20,155,704 shares issued and outstanding as of September 30, 2022; 19,877,786 shares issued and outstanding as of December 31, 2021 20 20
Additional paid-in capital 128,619 119,962
(Accumulated deficit) retained earnings (14,242) 8,245
Total stockholders' equity 114,397 128,227
Total liabilities and stockholders' equity $ 248,526 $ 244,270