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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 11,684 $ 12,995
Accounts receivable, net 42,354 93,118
Inventories 73,664 71,251
Prepaid expenses and other current assets 14,533 11,007
Total Current Assets 142,235 188,371
Property and equipment, net 4,884 5,844
Goodwill 50,428 52,942
Intangible assets, net 40,382 42,398
Other assets 9,095 9,306
Total Assets 247,024 298,861
Current Liabilities:    
Revolving credit facility 6,592 49,412
Accounts payable 39,539 34,839
Other current liabilities 26,294 39,421
Total Current Liabilities 72,425 123,672
Debt, non-current 45,544 45,620
Income tax payable 1,367 1,362
Other liabilities 6,814 7,603
Total Liabilities 126,150 178,257
Commitments and Contingencies
Stockholders’ Equity    
Common stock, $0.001 par value - 25,000,000 shares authorized; 19,850,436 and 19,961,696 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 20 20
Additional paid-in capital 240,150 239,983
Accumulated deficit (118,758) (118,094)
Accumulated other comprehensive loss (538) (1,305)
Total Stockholders’ Equity 120,874 120,604
Total Liabilities and Stockholders’ Equity $ 247,024 $ 298,861