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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 96,252 $ 85,297
Restricted cash 195 193
Accounts receivable, net of allowances for credit losses of $3,712 and $2,865 at September 30, 2023 and December 31, 2022, respectively 206,751 102,771
Inventory 68,832 80,619
Prepaid expenses and other assets 6,721 6,331
Total current assets 378,751 275,211
Property and equipment    
Office furniture and equipment 10,185 10,064
Molds and tooling 119,143 113,714
Leasehold improvements 6,493 6,659
Total 135,821 130,437
Less accumulated depreciation and amortization 121,193 115,575
Property and equipment, net 14,628 14,862
Operating lease right-of-use assets, net 25,743 19,913
Other long-term assets 2,220 2,469
Deferred income tax assets, net 57,856 57,804
Goodwill 35,083 35,083
Total assets 514,281 405,342
Current liabilities    
Accounts payable 94,409 33,687
Accounts payable – Meisheng (related party) 27,977 9,820
Accrued expenses 65,609 37,998
Reserve for sales returns and allowances 43,512 51,877
Income taxes payable 17,422 8,165
Short term operating lease liabilities 6,415 10,746
Short term debt, net 0 25,529
Total current liabilities 255,344 177,822
Long term operating lease liabilities 19,283 9,863
Accrued expenses - long term 3,750 0
Debt, non-current portion, net of issuance costs and debt discounts 0 41,622
Preferred stock derivative liability 28,586 21,918
Income taxes payable 2,994 2,929
Total liabilities 309,957 254,154
Preferred stock accrued dividends, $0.001 par value; 5,000,000 shares authorized; 200,000 shares issued and outstanding at September 30, 2023 and December 31, 2022 5,608 4,490
Stockholders' Equity    
Common stock, $0.001 par value; 100,000,000 shares authorized; 10,073,264 and 9,742,236 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 10 10
Additional paid-in capital 277,546 275,187
Accumulated deficit (62,744) (112,018)
Accumulated other comprehensive loss (16,808) (17,482)
Total JAKKS Pacific, Inc. stockholders' equity 198,004 145,697
Non-controlling interests 712 1,001
Total stockholders' equity 198,716 146,698
Total liabilities, preferred stock and stockholders' equity $ 514,281 $ 405,342