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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 17,861 $ 46,666
Restricted cash 2,942 6,808
Accounts receivable - trade, net of allowance for credit losses of $16,091 as of September 30, 2022 and $17,735 as of December 31, 2021 108,946 86,114
Other receivables 19,441 10,621
Inventories 97,447 56,893
Contract assets 573 2,184
Prepaid expenses and other current assets 7,617 5,690
Total current assets 254,827 214,976
Property, plant and equipment, net 9,246 9,842
Right-of-use assets from operating leases 12,208 12,640
Goodwill 19,420 6,145
Intangible assets, net 25,365 5,115
Other assets 12,402 8,950
Total assets 333,468 257,668
Current liabilities:    
Accounts payable - trade 116,317 64,258
Revolving credit facility 7,000  
Current portion of long-term debt 1,250  
Contract liabilities 18,983 6,091
Operating lease liabilities 4,187 4,097
Accrued and other liabilities 23,601 16,032
Total current liabilities 171,338 90,478
Long-term debt 23,118  
Contract liabilities - non-current 7,765 3,044
Operating lease liabilities - non-current 11,777 12,103
Pension liabilities 14,034 16,527
Other long-term liabilities 2,858 3,609
Total liabilities 230,890 125,761
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, 36,000 shares authorized, 27,925 and 27,505 shares issued and outstanding as of September 30, 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 September 30, 2022 and December 31, 2021, respectively
Additional paid-in capital 234,383 223,336
Accumulated other comprehensive loss (13,328) (4,457)
Accumulated deficit (118,504) (86,999)
Total stockholders’ equity 102,578 131,907
Total liabilities and stockholders’ equity $ 333,468 $ 257,668