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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 22,997 $ 25,880
Accounts receivable—trade, net 38,403 31,513
Inventories, net 40,756 40,971
Prepaid expenses and other current assets 1,852 2,063
Other current receivables 5,033 5,143
Total current assets 109,041 105,570
Noncurrent assets    
Property and equipment, net 20,477 21,283
Goodwill 15,222 15,222
Identifiable intangibles, net 3,523 3,690
Operating lease assets 5,773 5,911
Deposits and other assets 660 712
Deferred income taxes, net 422 424
Total noncurrent assets 46,077 47,242
Total assets 155,118 152,812
Current liabilities    
Accounts payable—trade 11,751 8,970
Accrued expenses 5,348 8,351
Income taxes payable 1,103 683
Operating lease liabilities 1,676 1,602
Current maturities of long-term debt 2,250 2,141
Other current liabilities 1,737 3,672
Total current liabilities 23,865 25,419
Noncurrent liabilities    
Long-term debt, less current maturities 5,370 6,001
Operating lease liabilities, long-term 4,662 4,891
Other long-term liabilities 207 206
Deferred income taxes, net 178 186
Total noncurrent liabilities 10,417 11,284
Total liabilities 34,282 36,703
Commitments and contingencies (Note 10)
Stockholders’ equity    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued and outstanding at March 31, 2025 and December 31, 2024 0 0
Common stock, $0.01 par value, 11,250,000 shares authorized, 2,607,362 shares issued and 2,540,849 shares outstanding at March 31, 2025 and 2,563,979 shares issued and 2,507,430 shares outstanding at December 31, 2024 26 26
Additional paid-in capital 447,936 447,384
Accumulated other comprehensive loss (87,615) (87,604)
Retained deficit (254,968) (259,024)
Treasury stock, at cost, 66,513 shares at March 31, 2025 and 56,549 shares at December 31, 2024 (2,211) (1,943)
Total stockholders' equity 103,168 98,839
Non-controlling interest 17,668 17,270
Total equity 120,836 116,109
Total liabilities and stockholders' equity $ 155,118 $ 152,812