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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 48,133 $ 61,613
Restricted cash 4,555 4,673
Accounts receivable, net of allowance for doubtful accounts of $3,527 and $3,394 at June 30, 2020 and December 31, 2019, respectively 69,003 117,942
Inventory 57,681 54,259
Prepaid expenses and other assets 28,448 21,898
Total current assets 207,820 260,385
Property and equipment    
Office furniture and equipment 11,820 11,678
Molds and tooling 94,336 103,335
Leasehold improvements 6,821 6,808
Total 112,977 121,821
Less accumulated depreciation and amortization 95,998 106,562
Property and equipment, net 16,979 15,259
Operating lease right-of-use assets, net 27,644 32,081
Other long term assets 10,056 18,926
Intangible assets, net 2,538 3,188
Goodwill 35,083 35,083
Trademarks 300 300
Total assets 300,420 365,222
Current liabilities    
Accounts payable 53,103 61,196
Accrued expenses 25,192 39,515
Reserve for sales returns and allowances 32,312 38,365
Income taxes payable 502 2,492
Short term operating lease liabilities 9,632 9,451
Short term debt, net 1,772 1,905
Total current liabilities 122,513 152,924
Long term operating lease liabilities 20,743 25,632
Debt, non-current portion, net of issuance costs and debt discounts 174,164 174,962
Other liabilities 3,333 5,409
Income taxes payable 1,491 1,565
Deferred income taxes, net 226 226
Total liabilities 322,470 360,718
Preferred stock, $0.001 par value; 5,000,000 shares authorized; 200,000 shares issued and outstanding at June 30, 2020 and December 31, 2019 1,102 483
Stockholders' Equity (Deficit)    
Common stock, $0.001 par value; 100,000,000 shares authorized; 4,239,578 and 3,521,037 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively [1] 5 4
Additional paid-in capital [1] 210,152 200,507
Accumulated deficit (218,463) (183,149)
Accumulated other comprehensive loss (15,975) (14,422)
Total JAKKS Pacific, Inc. stockholders' equity (deficit) [1] (24,281) 2,940
Non-controlling interests 1,129 1,081
Total stockholders' equity (deficit) (23,152) [1] 4,021 [2]
Total liabilities, preferred stock and stockholders' equity (deficit) $ 300,420 $ 365,222
[1] After giving effect to a 1 for 10 reverse stock split effective July 9, 2020.
[2] After giving effect to a 1 for 10 reverse stock split effective July 9, 2020.