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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 85,297 $ 44,521
Restricted cash 193 811
Accounts receivable, net of allowance for doubtful accounts of $2,865 and $2,626 in 2022 and 2021, respectively 102,771 147,394
Inventory 80,619 83,954
Prepaid expenses and other assets 6,331 10,877
Total current assets 275,211 287,557
Property and equipment    
Office furniture and equipment 10,064 11,967
Molds and tooling 113,714 103,102
Leasehold improvements 6,659 6,876
Total 130,437 121,945
Less accumulated depreciation and amortization 115,575 108,796
Property and equipment, net 14,862 13,149
Operating lease right-of-use assets, net 19,913 16,950
Other long-term assets 2,469 2,993
Deferred income tax assets, net 57,804 0
Intangible assets, net 0 1,015
Goodwill 35,083 35,083
Trademarks 0 300
Total assets 405,342 357,047
Current liabilities    
Accounts payable 33,687 50,237
Accounts Payable - Meisheng (related party) 9,820 15,894
Accrued expenses 37,998 47,071
Reserve for sales returns and allowances 51,877 46,285
Income taxes payable 8,165 1,004
Short-term operating lease liabilities 10,746 10,477
Short-term debt, net 25,529 2,104
Total current liabilities 177,822 173,072
Long-term operating lease liabilities 9,863 8,039
Debt, non-current portion, net of issuance costs and debt discounts 41,622 93,415
Preferred stock derivative liability 21,918 21,282
Income taxes payable 2,929 215
Deferred income taxes liabilities, net 0 51
Total liabilities 254,154 296,074
Preferred stock accrued dividends, $0.001 par value; 5,000,000 shares authorized; 200,000 shares issued and outstanding in 2022 and 2021 4,490 3,074
Stockholders' Equity    
Common stock, $0.001 par value; 100,000,000 shares authorized; 9,742,236 and 9,520,817 shares issued and outstanding in 2022 and 2021, respectively 10 10
Additional paid-in capital 275,187 272,941
Accumulated deficit (112,018) (203,431)
Accumulated other comprehensive loss (17,482) (12,952)
Total JAKKS Pacific, Inc. stockholders' equity 145,697 56,568
Non-controlling interests 1,001 1,331
Total stockholders' equity 146,698 57,899
Total liabilities, preferred stock and stockholders' equity $ 405,342 $ 357,047