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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities    
Net income $ 864 $ 22,298
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 187 207
Depreciation and amortization 3,584 4,368
Write-off and amortization of debt discount 714 188
Write-off and amortization of debt issuance costs 488 245
Share-based compensation expense 3,945 2,025
(Gain) loss on disposal of property and equipment 4 (48)
Loss on debt extinguishment 1,023 0
Intangibles impairment 0 300
Change in fair value of preferred stock derivative liability 5,875 (5,384)
Changes in operating assets and liabilities:    
Accounts receivable (29,895) (16,833)
Inventory 15,560 (39,712)
Prepaid expenses and other assets (4,916) (3,538)
Accounts payable 23,586 34,764
Accounts payable - Meisheng (related party) 8,176 26,387
Accrued expenses 8,450 11,118
Reserve for sales returns and allowances (14,026) (660)
Income taxes payable (2,315) 1,329
Other liabilities (499) (505)
Total adjustments 19,941 14,251
Net cash provided by operating activities 20,805 36,549
Cash flows from investing activities    
Purchases of property and equipment (4,918) (5,276)
Proceeds from sale of property and equipment 25 2
Net cash used in investing activities (4,893) (5,274)
Cash flows from financing activities    
Repurchase of common stock for employee tax withholding (1,214) (644)
Repayment of credit facility borrowings (10,000) (13,000)
Proceeds from credit facility borrowings 10,000 13,000
Repayment of 2021 BSP Term Loan (69,218) (10,867)
Net cash used in financing activities (70,432) (11,511)
Net increase (decrease) in cash, cash equivalents and restricted cash (54,520) 19,764
Effect of foreign currency translation 1,461 (2,813)
Cash, cash equivalents and restricted cash, beginning of period 85,490 45,332
Cash, cash equivalents and restricted cash, end of period 32,431 62,283
Supplemental disclosures of cash flow information:    
Cash paid for income taxes, net 2,444 228
Cash paid for interest $ 2,854 $ 4,099