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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash, cash equivalents and restricted cash equivalents $ 27,799 $ 37,912
Accounts receivable, net of allowance for doubtful accounts of $146 and $126 respectively 8,667 9,571
VAT receivable 1,653 4,682
Inventories, net 80,861 64,317
Assets held for sale 3,675 3,675
Related party asset 1,815 3,261
Prepaid expenses 7,178 5,470
Total current assets 131,648 128,888
Property, plant and equipment, net 24,783 23,248
Railcars available for lease, net 11,216 11,324
Right of use asset operating lease 1,331 1,596
Right of use asset finance lease 32,626 33,093
Other long-term assets 1,065 1,589
Total assets 202,669 199,738
Current liabilities    
Accounts and contractual payables 55,766 48,449
Related party accounts payable 1,430 3,393
Accrued payroll and other employee costs 3,281 4,081
Reserve for workers’ compensation 840 841
Accrued warranty 1,933 1,940
Current portion of long-term debt 40,548 40,742
Other current liabilities 8,281 6,539
Total current liabilities 112,079 105,985
Long-term debt, net of current portion 53,773 51,494
Warrant liability 30,415 31,028
Accrued pension costs 1,112 1,040
Lease liability operating lease, long-term 1,737 1,780
Lease liability finance lease, long-term 33,080 33,245
Other long-term liabilities 2,987 3,750
Total liabilities 235,183 228,322
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 March 31, 2023 and December 31, 2022) 0 0
Common stock, $0.01 par value, 50,000,000 shares authorized, 17,702,459 and 17,223,306 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 208 203
Additional paid in capital 90,165 89,104
Accumulated other comprehensive loss 1,063 1,022
Accumulated deficit (123,950) (118,913)
Total stockholders' deficit (32,514) (28,584)
Total liabilities and stockholders deficit $ 202,669 $ 199,738