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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 11,705 $ 12,995
Accounts receivable, net 36,429 93,118
Inventories 76,806 71,251
Prepaid expenses and other current assets 13,092 11,007
Total Current Assets 138,032 188,371
Property and equipment, net 4,781 5,844
Goodwill 50,428 52,942
Intangible assets, net 38,367 42,398
Other assets 8,573 9,306
Total Assets 240,181 298,861
Current Liabilities:    
Revolving credit facility 19,939 49,412
Accounts payable 34,481 34,839
Other current liabilities 20,835 39,421
Total Current Liabilities 75,255 123,672
Debt, non-current 40,051 45,620
Income tax payable 1,372 1,362
Other liabilities 6,668 7,603
Total Liabilities 123,346 178,257
Commitments and Contingencies
Stockholders’ Equity    
Common stock, $0.001 par value - 25,000,000 shares authorized; 19,823,915 and 19,961,696 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 20 20
Additional paid-in capital 236,255 239,983
Accumulated deficit (121,689) (118,094)
Accumulated other comprehensive income (loss) 2,249 (1,305)
Total Stockholders’ Equity 116,835 120,604
Total Liabilities and Stockholders’ Equity $ 240,181 $ 298,861