XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Current assets:      
Cash and cash equivalents $ 53,471   $ 104,086
Accounts receivable, less allowance for doubtful accounts of $44 and $35, respectively 2,174   1,740
Inventories - finished goods 18,902   19,023
Prepaid expenses and other current assets 9,656   4,719
Prepaid income taxes 437   863
Total current assets 84,640   130,431
Noncurrent assets:      
Property and equipment, net 26,968   26,178
Intangible and other assets, net 17,181   5,860
Goodwill 26,657   0
Operating lease right-of-use assets, net 1,826   0
Deferred tax assets, net 5,426   5,009
Total noncurrent assets 78,058   37,047
Total assets 162,698   167,478
Current liabilities:      
Accounts payable 25,379   25,208
Sales tax payable 24,835   26,113
Accrued expenses and other current liabilities 6,695   6,191
Current lease liabilities 757   0
Deferred revenue 3,573 $ 3,200 0
Total current liabilities 61,239   57,512
Long-term lease liabilities 1,080   0
Total liabilities 62,319   57,512
Commitments and contingencies (Note 9) 0   0
Shareholders' equity:      
Preferred stock, $.001 par value, 5,000,000 shares authorized; 2,500 convertible shares issued and outstanding with a liquidation preference of $4 per share 9   9
Common stock, $.001 par value, 40,000,000 shares authorized; 21,147,006 and 21,084,302 shares issued and outstanding, respectively 21   21
Additional paid-in capital 21,765   18,277
Retained earnings 78,584   91,659
Total shareholders' equity 100,379   109,966
Total liabilities and shareholders' equity $ 162,698   $ 167,478