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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Cash and cash equivalents $ 8,096,000 $ 7,881,000
Accounts receivable, net 13,093,000 8,929,000
Inventory, net 70,890,000 77,314,000
Other current assets 10,777,000 9,743,000
Total current assets 102,856,000 103,867,000
Property, plant and equipment, net 16,706,000 17,133,000
Operating lease right-of-use assets 4,617,000 3,309,000
Other assets 4,866,000 5,033,000
Total assets 129,045,000 129,342,000
Accounts payable 26,530,000 26,737,000
Accrued liabilities 56,314,000 56,232,000
Operating lease liabilities, current portion 1,122,000 1,068,000
Finance lease obligations, current portion 1,404,000 1,327,000
Equipment financing obligations, current portion 591,000 618,000
Working capital line of credit 500,000 500,000
Note payable – related party, current portion 2,000,000 0
Total current liabilities 88,461,000 86,482,000
Operating lease liabilities, net of current portion 3,868,000 2,642,000
Finance lease obligations, net of current portion 1,647,000 1,852,000
Equipment financing obligations, net of current portion 1,197,000 1,333,000
Note payable – related party, net of current portion 6,980,000 6,484,000
Other liabilities 6,043,000 8,082,000
Total liabilities 108,196,000 106,875,000
Preferred stock 0 0
Additional paid-in capital 156,439,000 156,242,000
Accumulated deficit (119,153,000) (116,932,000)
Accumulated other comprehensive loss (16,662,000) (17,067,000)
Treasury stock, 19 shares in 2023 and 2022 0 0
Total stockholders’ equity 20,849,000 22,467,000
Total liabilities and stockholders’ equity 129,045,000 129,342,000
Series A Preferred Stock [Member]    
Preferred stock 0 0
Nonvoting Common Stock [Member]    
Common stock 0 0
Common Stock [Member]    
Common stock $ 225,000 $ 224,000