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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 76,418 $ 44,521
Restricted cash 178 811
Accounts receivable, net of allowance for doubtful accounts of $2,922 and $2,626 at September 30, 2022 and December 31, 2021, respectively 204,856 147,394
Inventory 109,171 83,954
Prepaid expenses and other assets 11,124 10,877
Total current assets 401,747 287,557
Property and equipment    
Office furniture and equipment 11,980 11,967
Molds and tooling 113,145 103,102
Leasehold improvements 6,793 6,876
Total 131,918 121,945
Less accumulated depreciation and amortization 116,558 108,796
Property and equipment, net 15,360 13,149
Operating lease right-of-use assets, net 22,154 16,950
Other long-term assets 2,516 2,993
Intangible assets, net 254 1,015
Goodwill 35,083 35,083
Trademarks 0 300
Total assets 477,114 357,047
Current liabilities    
Accounts payable 77,126 50,237
Accounts payable – Meisheng (related party) 28,301 15,894
Accrued expenses 73,723 47,071
Reserve for sales returns and allowances 59,216 46,285
Income taxes payable 14,084 1,004
Short-term operating lease liabilities 10,515 10,477
Short-term debt, net 2,475 2,104
Total current liabilities 265,440 173,072
Long-term operating lease liabilities 12,555 8,039
Debt, non-current portion, net of issuance costs and debt discounts 65,195 93,415
Preferred stock derivative liability 23,347 21,282
Income taxes payable 66 215
Deferred income taxes, net 53 51
Total liabilities 366,656 296,074
Preferred stock accrued dividends, $0.001 par value; 5,000,000 shares authorized; 200,000 shares issued and outstanding at September 30, 2022 and December 31, 2021 4,128 3,074
Stockholders' Equity    
Common stock, $0.001 par value; 100,000,000 shares authorized; 9,723,534 and 9,520,817 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 10 10
Additional paid-in capital 274,040 272,941
Accumulated deficit (149,987) (203,431)
Accumulated other comprehensive loss (18,594) (12,952)
Total JAKKS Pacific, Inc. stockholders' equity 105,469 56,568
Non-controlling interests 861 1,331
Total stockholders' equity 106,330 57,899
Total liabilities, preferred stock and stockholders' equity $ 477,114 $ 357,047