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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 23,532 $ 42,612
Accounts receivable, net 28,350 28,632
Inventory, net 14,366 10,756
Prepaid expenses and other 1,134 689
Total current assets 67,382 82,689
Property and equipment, net 2,199 2,186
Operating lease asset 13,783 16,338
Finance lease asset 300 389
Deposits 591 585
Intangible assets, net of accumulated amortization 9,296 9,975
Goodwill 20,401 20,401
Deferred income taxes 1,483 711
Total assets 115,435 133,274
Current liabilities:    
Accounts payable and accrued expenses 5,139 4,739
Cash dividends payable 16 3,629
Operating lease liability 2,943 2,859
Finance lease liability 126 118
Income taxes payable 916 2,296
Current portion of debt 5,333 5,333
Accrued payroll and related taxes 5,297 3,897
Total current liabilities 19,770 22,871
Long-term liabilities:    
Long-term portion of debt, less issuance costs 6,621 10,605
Contingent consideration 9,700 9,700
Operating lease liability 13,936 15,856
Finance lease liability 221 317
Total liabilities 50,248 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 September 30, 2022 and December 31, 2021 0 0
Common stock, $0.001 par value; 100,000,000 shares authorized; 41,625,663 issued and 37,467,494 outstanding as of September 30, 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) 39 41
Additional paid-in capital 81,873 80,397
Treasury stock of 3,738,224 and 1,246,399 shares at September 30, 2022 and December 31, 2021, respectively, at cost (26,321) (6,513)
Retained earnings 9,596 0
Total stockholders' equity 65,187 73,925
Total liabilities and stockholders' equity $ 115,435 $ 133,274