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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (1,878) $ (3,956)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 3,259 3,261
Fair value step-up adjustment to acquired inventory   2,085
Amortization of intangible assets 6,051 4,843
Amortization of debt financing costs 776 625
Loss on extinguishment of debt 1,923  
Stock-based compensation 4,306 3,447
Deferred income taxes 165 (6,739)
Change in sales returns reserve 1,777 1,369
Provision for obsolete inventory 2,162 4,690
Loss on impairment of assets   753
Other (54)  
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 34,586 4,344
Inventories (25,875) (43,597)
Prepaid expenses and other assets (1,495) 127
Accounts payable 12,045 30,050
Income taxes payable (3,471) 485
Other liabilities (12,156) (10,340)
Net cash provided by (used for) operating activities 22,121 (8,553)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (1,169) (3,392)
Acquisition of a business, net of cash acquired 2,515 (77,294)
Net cash provided by (used for) investing activities 1,346 (80,686)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings on revolving credit facilities 186,249 242,609
Repayment of revolving credit facilities (202,175) (183,983)
Proceeds from term loan 60,000 50,000
Repayment of term loan (51,101) (729)
Proceeds from exercise of stock options 1,900 3,004
Repurchase of common stock (17,015) (25,339)
Debt financing costs (2,334) (2,897)
Net cash (used for) provided by financing activities (24,476) 82,665
Effect of exchange rate changes on cash and cash equivalents 271 1,651
Net decrease in cash and cash equivalents (738) (4,923)
Cash and cash equivalents at the beginning of period 12,995 18,726
Cash and cash equivalents at the end of period 12,257 13,803
SUPPLEMENTAL DISCLOSURE OF INFORMATION    
Property and equipment purchases included in accounts payable and accrued liabilities 154 $ 356
Unpaid debt financing costs $ 513