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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 39,225 $ 44,521
Restricted cash 0 811
Accounts receivable, net of allowance for doubtful accounts of $2,576 and $2,626 at March 31, 2022 and December 31, 2021, respectively 103,730 147,394
Inventory 85,306 83,954
Prepaid expenses and other assets 17,412 10,877
Total current assets 245,673 287,557
Property and equipment    
Office furniture and equipment 11,994 11,967
Molds and tooling 105,429 103,102
Leasehold improvements 6,866 6,876
Total 124,289 121,945
Less accumulated depreciation and amortization 110,345 108,796
Property and equipment, net 13,944 13,149
Operating lease right-of-use assets, net 17,089 16,950
Other long term assets 2,919 2,993
Intangible assets, net 761 1,015
Goodwill 35,083 35,083
Trademarks 300 300
Total assets 315,769 357,047
Current liabilities    
Accounts payable 36,439 50,237
Payable to Meisheng (related party) 15,511 15,894
Accrued expenses 30,596 47,071
Reserve for sales returns and allowances 39,375 46,285
Income taxes payable 1,205 1,004
Short term operating lease liabilities 11,014 10,477
Short term debt, net 2,475 2,104
Total current liabilities 136,615 173,072
Long term operating lease liabilities 7,399 8,039
Debt, non-current portion, net of issuance costs and debt discounts 92,934 93,415
Preferred stock derivative liability 21,927 21,282
Income taxes payable 215 215
Deferred income taxes, net 51 51
Total liabilities 259,141 296,074
Preferred stock, $0.001 par value; 5,000,000 shares authorized; 200,000 shares issued and outstanding at March 31, 2022 and December 31, 2021 3,420 3,074
Stockholders' Equity    
Common stock, $0.001 par value; 100,000,000 shares authorized; 9,587,806 and 9,520,817 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 10 10
Additional paid-in capital 272,821 272,941
Accumulated deficit (207,240) (203,431)
Accumulated other comprehensive loss (13,614) (12,952)
Total JAKKS Pacific, Inc. stockholders' equity 51,977 56,568
Non-controlling interests 1,231 1,331
Total stockholders' equity 53,208 57,899
Total liabilities, preferred stock and stockholders' equity $ 315,769 $ 357,047