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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities      
Net loss $ (5,888) $ (14,144) $ (55,379)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Provision for (recovery of) doubtful accounts (1,397) 1,619 864
Depreciation and amortization 10,251 10,936 17,634
Write-off and amortization of debt issuance costs 1,304 1,404 1,454
Share-based compensation expense 2,093 2,303 2,868
Payment-in-kind interest 1,519 4,366 1,725
Amortization of debt discount 1,419 2,800 1,077
(Gain) loss on disposal of property and equipment (67) 71 (65)
Tools and molds disposal 0 149 972
Intangibles impairment 0 0 9,379
Gain on loan forgiveness (6,206) 0 0
Loss on debt extinguishment 7,351 0 13,205
Deferred income taxes (72) (103) (1,205)
Change in fair value of convertible senior notes 16,419 2,265 5,112
Change in fair value of preferred stock derivative liability 13,220 2,815 353
Changes in operating assets and liabilities:      
Accounts receivable (43,743) 14,069 3,472
Inventory (45,312) 15,617 (379)
Prepaid expenses and other assets 7,330 20,004 (6,190)
Accounts payable and payable to Meisheng 25,017 (20,761) 4,873
Accrued expenses 7,767 (211) 9,601
Reserve for sales returns and allowances 4,177 3,743 8,962
Income taxes payable (212) (2,626) 2,599
Other liabilities (849) (749) 894
Total adjustments 9 57,711 77,205
Net cash provided by (used in) operating activities (5,879) 43,567 21,826
Cash flows from investing activities      
Purchases of property and equipment (8,221) (8,268) (9,415)
Proceeds from sale of property and equipment 32 78 12
Net cash used in investing activities (8,189) (8,190) (9,403)
Cash flows from financing activities      
Repurchase of common stock for employee tax withholding (164) (174) (273)
Proceeds from loan under the Paycheck Protection Program 0 6,206 0
Proceeds from credit facility borrowings 16,000 0 5,000
Retirement of convertible senior notes 0 (1,905) 0
Repayment of credit facility borrowings (16,000) 0 (12,500)
Deferred issuance costs (2,629) 0 (4,957)
Repayment of 2019 Recap Term Loan (125,805) (15,073) (20,000)
Repayment of 2021 BSP Term Loan (495) 0 0
Term loan prepayment penalty 0 0 (393)
Net proceeds from issuance of long term debt 96,306 0 27,356
Net cash used in financing activities (32,787) (10,946) (5,767)
Net increase (decrease) in cash, cash equivalents and restricted cash (46,855) 24,431 6,656
Effect of foreign currency translation (506) 1,976 1,425
Cash, cash equivalents and restricted cash, beginning of year 92,693 66,286 58,205
Cash, cash equivalents and restricted cash, end of year 45,332 92,693 66,286
Supplemental disclosures of non-cash financing activities:      
Forgiveness of Paycheck Protection Program Loan 6,206 0 0
Supplemental disclosures of cash flow information:      
Cash paid for interest 13,355 13,216 6,434
Cash paid for income taxes, net $ 1,615 $ 3,849 $ 29