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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 12,257 $ 12,995
Accounts receivable, net 56,754 93,118
Inventories 94,964 71,251
Prepaid expenses and other current assets 14,381 11,007
Total Current Assets 178,356 188,371
Property and equipment, net 3,841 5,844
Goodwill 50,428 52,942
Intangible assets, net 36,350 42,398
Other assets 9,232 9,306
Total Assets 278,207 298,861
Current Liabilities:    
Revolving credit facility 33,486 49,412
Accounts payable 46,917 34,839
Term Loan, current 8,571 1,250
Other current liabilities 22,580 38,171
Total Current Liabilities 111,554 123,672
Term Loan, non-current 48,404 45,620
Income tax payable 1,377 1,362
Other liabilities 6,221 7,603
Total Liabilities 167,556 178,257
Commitments and Contingencies
Stockholders’ Equity    
Common stock, $0.001 par value - 25,000,000 shares authorized; 19,307,514 and 19,961,696 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 19 20
Additional paid-in capital 229,174 239,983
Accumulated deficit (119,972) (118,094)
Accumulated other comprehensive income (loss) 1,430 (1,305)
Total Stockholders’ Equity 110,651 120,604
Total Liabilities and Stockholders’ Equity $ 278,207 $ 298,861