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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 24,827 $ 14,393
Accounts receivable, net of allowance for credit losses of $14,067 and $15,737, respectively 30,858 32,313
Amount due from related parties 2,366 2,493
Other receivables 41,958 18,824
Inventories, net 27,218 37,563
Prepaid expenses and other current assets 16,345 11,962
Total current assets 143,572 117,548
Property, plant, and equipment, net 100,527 109,476
Right-of-use assets 10,430 16,359
Goodwill 45,898 51,571
Intangible assets, net 3,723 3,975
Other assets, noncurrent 3,014 973
Total assets 307,164 299,902
Current liabilities:    
Lines of credit – working capital 46,954 79,504
Lines of credit – wheat inventories 137,457 70,361
Accounts payable 27,295 26,196
Accrued expenses 18,974 13,062
Contract liabilities 540 1,910
Current portion of long-term debt 5,417 10,845
Contingent consideration liability 1,260
Other liabilities, current 284 1,019
Total current liabilities 238,181 202,897
Long-term debt 9,828 14,129
Loan from related party 1,801 1,234
Stockholder loans 15,269
Deferred tax liabilities 12,399 18,721
Total liabilities 262,209 252,250
Commitments and contingencies (Note 20)
Stockholders’ equity:    
Preferred Shares; $0.001 par value; 1,000,000 authorized, — and — issued and outstanding, at December 31, 2022 and December 31, 2021, respectively
Additional paid-in capital 143,658 119,979
Accumulated deficit (102,678) (83,550)
Accumulated other comprehensive (loss) income (2,984) 3,685
Non-controlling interest 6,902 7,517
Total Stockholders’ equity 44,955 47,652
Total liabilities and Stockholders’ equity 307,164 299,902
Common Stock [Member]    
Stockholders’ equity:    
Ordinary shares value 27 21
Class Z Ordinary Shares [Member]    
Stockholders’ equity:    
Ordinary shares value $ 30