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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 32,228 $ 85,297
Restricted cash 203 193
Accounts receivable, net of allowances for credit losses of $3,022 and $2,865 at June 30, 2023 and December 31, 2022, respectively 132,479 102,771
Inventory 65,059 80,619
Prepaid expenses and other assets 11,227 6,331
Total current assets 241,196 275,211
Property and equipment    
Office furniture and equipment 10,115 10,064
Molds and tooling 117,472 113,714
Leasehold improvements 6,504 6,659
Total 134,091 130,437
Less accumulated depreciation and amortization 116,813 115,575
Property and equipment, net 17,278 14,862
Operating lease right-of-use assets, net 15,249 19,913
Other long-term assets 2,331 2,469
Deferred income tax assets, net 57,804 57,804
Goodwill 35,083 35,083
Total assets 368,941 405,342
Current liabilities    
Accounts payable 57,768 33,687
Accounts payable – Meisheng (related party) 18,612 9,820
Accrued expenses 46,448 37,998
Reserve for sales returns and allowances 37,851 51,877
Income taxes payable 5,808 8,165
Short term operating lease liabilities 9,226 10,746
Short term debt, net 0 25,529
Total current liabilities 175,713 177,822
Long term operating lease liabilities 6,220 9,863
Debt, non-current portion, net of issuance costs and debt discounts   41,622
Preferred stock derivative liability 27,793 21,918
Income taxes payable 2,971 2,929
Total liabilities 212,697 254,154
Preferred stock accrued dividends, $0.001 par value; 5,000,000 shares authorized; 200,000 shares issued and outstanding at June 30, 2023 and December 31, 2022 5,230 4,490
Stockholders' Equity    
Common stock, $0.001 par value; 100,000,000 shares authorized; 9,870,927 and 9,742,236 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 10 10
Additional paid-in capital 277,178 275,187
Accumulated deficit (110,876) (112,018)
Accumulated other comprehensive loss (16,021) (17,482)
Total JAKKS Pacific, Inc. stockholders' equity 150,291 145,697
Non-controlling interests 723 1,001
Total stockholders' equity 151,014 146,698
Total liabilities, preferred stock and stockholders' equity $ 368,941 $ 405,342