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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 39,247 $ 42,612
Accounts receivable, net 27,845 28,632
Inventory, net 13,484 10,756
Prepaid expenses and other 1,600 689
Total current assets 82,176 82,689
Property and equipment, net 2,191 2,186
Operating lease asset 15,647 16,338
Finance lease asset 359 389
Deposits 585 585
Intangible assets, net of accumulated amortization 9,751 9,975
Goodwill 20,401 20,401
Deferred income taxes 931 711
Total assets 132,041 133,274
Current liabilities:    
Accounts payable and accrued expenses 6,541 4,739
Cash dividends payable 16 3,629
Operating lease liability 3,329 2,859
Finance lease liability 121 118
Income taxes payable 3,116 2,296
Current portion of debt 5,333 5,333
Accrued payroll and related taxes 3,912 3,897
Total current liabilities 22,368 22,871
Long-term liabilities:    
Long-term portion of debt, less issuance costs 9,277 10,605
Contingent consideration 9,500 9,700
Operating lease liability 14,792 15,856
Finance lease liability 286 317
Total liabilities 56,223 59,349
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of March 31, 2022 and December 31, 2021 0 0
Common stock, $0.001 par value; 100,000,000 shares authorized; 41,476,068 issued and 39,776,816 outstanding as of March 31, 2022 41,400,834 issued and 39,737,890 outstanding as of December 31, 2021 (including 3,606,970 shares declared as a stock dividend on November 9, 2021 and issued on January 21, 2022) 41 41
Additional paid-in capital 80,913 80,397
Treasury stock of 1,246,399 and 1,071,220 shares, at December 31, 2021 and 2020, respectively, at cost (6,513) (6,513)
Retained earnings 1,377 0
Total stockholders' equity 75,818 73,925
Total liabilities and stockholders' equity $ 132,041 $ 133,274