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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 56,818 $ 45,219
Restricted cash 6,848 9,200
Accounts receivable - trade, net of allowance for doubtful accounts of $17.9 million as of March 31, 2021 and $4.0 million as of December 31, 2020 82,028 97,253
Other receivables 10,159 9,165
Inventories 41,116 39,572
Contract assets 6,233 6,182
Prepaid expenses and other current assets 7,603 5,332
Total current assets 210,805 211,923
Property, plant and equipment, net 7,880 7,146
Right-of-use assets from operating leases 14,535 18,483
Goodwill 5,675 3,977
Intangible assets, net 6,759 3,377
Deferred tax assets 1,633 1,405
Other assets 5,589 5,919
Total assets 252,876 252,230
Current liabilities:    
Accounts payable - trade 50,955 49,250
Short-term debt - bank, trade facilities and secured borrowings 1,764 13,787
Contract liabilities 3,997 4,400
Operating lease liabilities 4,435 4,494
Accrued and other liabilities 18,941 16,707
Total current liabilities 80,092 88,638
Long-term debt, related parties   29,754
Contract liabilities 2,495 2,471
Operating lease liabilities - non-current 16,154 15,959
Pension liabilities 18,936 20,052
Other long-term liabilities 3,697 1,777
Total liabilities 121,374 158,651
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Common stock, authorized 36,000 shares, 26,883 and 21,958 shares outstanding as of March 31, 2021 and December 31, 2020, respectively, at $0.001 par value 27 22
Additional paid-in capital 211,438 147,997
Accumulated other comprehensive loss (4,422) (2,124)
Accumulated deficit (75,541) (52,316)
Total stockholders’ equity 131,502 93,579
Total liabilities and stockholders’ equity $ 252,876 $ 252,230