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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash, cash equivalents and restricted cash equivalents $ 26,240 $ 54,047
Restricted certificates of deposit 182
Accounts receivable, net of allowance for doubtful accounts of $323 and $1,235 respectively 9,571 9,421
VAT receivable 31,136 4,462
Inventories, net 56,012 38,831
Assets held for sale 10,383
Related party asset 8,680
Prepaid expenses 5,087 3,652
Total current assets 136,726 120,978
Property, plant and equipment, net 18,236 19,642
Railcars available for lease, net 20,160 20,933
Right of use asset 16,669 18,152
Other long-term assets 8,873 3,037
Total assets 200,664 182,742
Current liabilities    
Accounts and contractual payables 41,185 17,840
Related party accounts payable 8,870 814
Accrued payroll and other employee costs 2,912 2,505
Reserve for workers’ compensation 1,563 2,645
Accrued warranty 2,533 5,216
Customer deposits 3,300 4,351
Deferred income state and local incentives, current 1,291 2,219
Lease liability, current 1,955 11,635
Current portion of long-term debt 17,605
Other current liabilities 5,711 6,319
Total current liabilities 69,320 71,149
Long-term debt, net of current portion 79,484 37,668
Warrant liability 32,514 12,730
Accrued pension costs 35 7,046
Deferred income state and local incentives, long-term 1,216 2,503
Lease liability, long-term 16,617 18,549
Other long-term liabilities 3,134 2,600
Total liabilities 202,320 152,245
Stockholders' (deficit) equity    
Preferred stock, $0.01 par value, 2,500,000 shares authorized (100,000 shares each designated as Series A voting and Series B non-voting, 0 shares issued and outstanding at December 31, 2021 and December 31, 2020)
Common stock, $0.01 par value, 50,000,000 shares authorized, 15,947,228 and 15,861,406 shares issued at December 31, 2021 and December 31, 2020, respectively 190 159
Additional paid in capital 83,742 82,064
Treasury stock, at cost, 0 and 327,577 shares at December 31, 2021 and December 31, 2020, respectively (1,344)
Accumulated other comprehensive loss (5,522) (11,763)
Accumulated deficit (80,066) (38,619)
Total stockholders' (deficit) equity (1,656) 30,497
Total liabilities and stockholders' (deficit) equity $ 200,664 $ 182,742