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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 34,160 $ 46,666
Restricted cash 6,343 6,808
Accounts receivable - trade, net of allowance for credit losses of $17,058 as of March 31, 2022 and $17,735 as of December 31, 2021 78,950 86,114
Other receivables 9,898 10,621
Inventories 70,085 56,893
Contract assets 902 2,184
Prepaid expenses and other current assets 10,019 5,690
Total current assets 210,357 214,976
Property, plant and equipment, net 10,277 9,842
Right-of-use assets from operating leases 11,751 12,640
Goodwill 6,145 6,145
Intangible assets, net 4,820 5,115
Other assets 9,904 8,950
Total assets 253,254 257,668
Current liabilities:    
Accounts payable - trade 63,774 64,258
Contract liabilities 8,506 6,091
Operating lease liabilities 3,927 4,097
Accrued and other liabilities 16,916 16,032
Total current liabilities 93,123 90,478
Contract liabilities - non-current 2,881 3,044
Operating lease liabilities - non-current 11,029 12,103
Pension liabilities 16,106 16,527
Other long-term liabilities 3,704 3,609
Total liabilities 126,843 125,761
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, 36,000 shares authorized, 27,603 and 27,505 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively, at $0.001 par value 27 27
Preferred stock, $0.001 par value, 25,000 shares authorized and no shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively
Additional paid-in capital 226,163 223,336
Accumulated other comprehensive loss (4,793) (4,457)
Accumulated deficit (94,986) (86,999)
Total stockholders’ equity 126,411 131,907
Total liabilities and stockholders’ equity $ 253,254 $ 257,668