XML 17 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 2,060 $ 1,814
Accounts receivable, net 10,323 5,923
Inventories, net 386 226
Prepaid expenses and other current assets 2,764 2,808
Due from related parties 0 42
Total current assets 15,533 10,813
Property, plant and equipment:    
Cost 101,827 90,422
Less accumulated depreciation (47,140) (38,384)
Property, plant and equipment, net 54,687 52,038
Goodwill 4,453 4,453
Investments in foreign joint ventures 12,325 11,897
Right-of-use assets and other noncurrent assets 338 1,112
Total assets 87,336 80,313
Current liabilities:    
Current portion of long-term notes payable 963 1,112
Current portion of long-term notes payable - related parties 1,168 3,351
Current portion of finance lease obligation 17 0
Current portion of finance lease obligation - related parties 0 648
Current portion of operating lease obligations 310 362
Accounts payable 5,556 4,395
Accrued liabilities 7,613 4,361
Total current liabilities 15,627 14,229
Long-term notes payable, net of current portion 7,753 682
Long-term notes payable, net of current portion - related parties 2,435 2,726
Long-term portion of finance lease obligations 64 0
Long-term portion of operating lease obligations 329 490
Other noncurrent liabilities 69 156
Total liabilities 26,277 18,283
Commitments and contingencies (Note 13)
Stockholders’ Equity:    
Preferred stock; $0.001 par value, 1,000,000 shares authorized, no shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively 0 0
Common stock; $0.001 par value, 37,500,000 shares authorized, 17,691,268 and 16,896,626 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively 18 17
Additional paid-in capital 97,875 91,278
Accumulated other comprehensive income 351 122
Accumulated deficit (37,185) (29,387)
Total stockholders' equity 61,059 62,030
Total liabilities and stockholders' equity $ 87,336 $ 80,313