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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 44,521 $ 87,953
Restricted cash 811 4,740
Accounts receivable, net of allowance for doubtful accounts of $2,626 and $4,566 in 2021 and 2020, respectively 147,394 102,254
Inventory 83,954 38,642
Prepaid expenses and other assets 10,877 17,239
Total current assets 287,557 250,828
Property and equipment    
Office furniture and equipment 11,967 11,795
Molds and tooling 103,102 95,367
Leasehold improvements 6,876 6,883
Total 121,945 114,045
Less accumulated depreciation and amortization 108,796 100,534
Property and equipment, net 13,149 13,511
Operating lease right-of-use assets, net 16,950 24,393
Other long term assets 2,993 3,223
Intangible assets, net 1,015 2,031
Goodwill 35,083 35,083
Trademarks 300 300
Total assets 357,047 329,369
Current liabilities    
Accounts payable 50,237 30,348
Payable to Meisheng 15,894 10,147
Accrued expenses 47,071 39,304
Reserve for sales returns and allowances 46,285 42,108
Income taxes payable 1,004 484
Short term operating lease liabilities 10,477 9,925
Short term debt, net 2,104 5,950
Total current liabilities 173,072 138,266
Long term operating lease liabilities 8,039 16,883
Debt, non-current portion, net of issuance costs and debt discounts 93,415 150,410
Preferred stock derivative liability 21,282 8,062
Income taxes payable 215 947
Deferred income taxes, net 51 123
Total liabilities 296,074 314,691
Preferred stock accrued dividends, $0.001 par value; 5,000,000 shares authorized; 200,000 shares issued and outstanding in 2021 and 2020 3,074 1,740
Stockholders' Equity*    
Common stock, $0.001 par value; 100,000,000 shares authorized; 9,520,817 and 5,694,772 shares issued and outstanding in 2021 and 2020, respectively* [1] 10 6
Additional paid-in capital * [1] 272,941 221,590
Accumulated deficit (203,431) (197,423)
Accumulated other comprehensive loss (12,952) (12,446)
Total JAKKS Pacific, Inc. stockholders' equity* [1],[2] 56,568 11,727
Non-controlling interests 1,331 1,211
Total stockholders' equity* [1] 57,899 12,938
Total liabilities, preferred stock and stockholders' equity $ 357,047 $ 329,369
[1] After giving effect to a 1 for 10 reverse stock split effective July 9, 2020.
[2] After giving effect to a 1 for 10 reverse stock split effective July 9, 2020.