XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 10,877 $ 37,720
Accounts receivable, net 8,551 35,953
Inventories 120,694 101,933
Prepaid expenses and other current assets 13,606 17,506
Total Current Assets 153,728 193,112
Property and equipment, net 6,144 6,955
Deferred income taxes 13,009 5,899
Goodwill 10,686 10,686
Intangible assets, net 5,126 5,788
Other assets 8,261 8,065
Total Assets 196,954 230,505
Current Liabilities:    
Revolving credit facility 15,707  
Accounts payable 31,030 40,475
Other current liabilities 19,456 37,693
Total Current Liabilities 66,193 78,168
Income tax payable 3,774 3,774
Other liabilities 7,334 7,194
Total Liabilities 77,301 89,136
Commitments and Contingencies
Stockholders’ Equity    
Common stock, $0.001 par value - 25,000,000 shares authorized; 16,526,393 and 16,168,147 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 17 16
Additional paid-in capital 202,382 198,278
Accumulated deficit (81,354) (57,052)
Accumulated other comprehensive income (loss) (1,392) 127
Total Stockholders’ Equity 119,653 141,369
Total Liabilities and Stockholders’ Equity $ 196,954 $ 230,505