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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 17,700 $ 72,350
Restricted cash 202 204
Accounts receivable, net of allowance for credit losses of $5,236 and $3,743 at June 30, 2024 and December 31, 2023, respectively 140,006 123,797
Inventory 51,327 52,647
Prepaid expenses and other assets 26,457 6,374
Total current assets 235,692 255,372
Property and equipment    
Office furniture and equipment 9,512 8,852
Molds and tooling 125,030 120,396
Leasehold improvements 6,784 6,708
Total 141,326 135,956
Less accumulated depreciation and amortization 124,580 121,357
Property and equipment, net 16,746 14,599
Operating lease right-of-use assets, net 20,667 23,592
Other long-term assets 1,976 2,162
Deferred income tax assets, net 68,141 68,143
Goodwill 35,029 35,083
Total assets 378,251 398,951
Current liabilities    
Accounts payable 55,368 42,177
Accounts payable - Meisheng (related party) 19,130 12,259
Accrued expenses 45,026 45,102
Reserve for sales returns and allowances 29,456 38,531
Income taxes payable 0 3,785
Short-term operating lease liabilities 7,777 7,380
Short-term debt, net 5,000 0
Total current liabilities 161,757 149,234
Long-term operating lease liabilities 14,859 16,666
Accrued expenses – long-term 2,299 3,746
Preferred stock derivative liability 0 29,947
Income taxes payable 3,441 3,245
Total liabilities 182,356 202,838
Preferred stock accrued dividends, $0.001 par value; 5,000,000 shares authorized; nil and 200,000 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 0 5,992
Stockholders' Equity    
Common stock, $0.001 par value; 100,000,000 shares authorized; 10,800,892 and 10,096,197 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 11 10
Additional paid-in capital 294,543 278,642
Accumulated deficit (82,851) (73,612)
Accumulated other comprehensive loss (16,308) (15,627)
Total JAKKS Pacific, Inc. stockholders' equity 195,395 189,413
Non-controlling interests 500 708
Total stockholders' equity 195,895 190,121
Total liabilities, preferred stock and stockholders' equity $ 378,251 $ 398,951