Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current Assets
Cash and cash equivalents	$ 67,428	$ 45,366
Restricted cash	11,705	9,731
Accounts receivable - trade, net of allowance of $1 and $3, respectively	116,801	48,071
Notes receivable	0	219
Inventories	88,135	63,866
Prepaid income tax	4	3
Prepaid expenses and other current assets	17,195	5,349
Total current assets	301,268	172,605
Property, plant and equipment, net	219,235	200,317
Land use rights, net	4,837	5,030
Operating right of use asset	9,646	5,026
Intangible assets, net	3,680	3,628
Other assets, net	8,366	2,580
TOTAL ASSETS	547,032	389,186
Current liabilities
Accounts payable	104,969	32,892
Bank acceptance payable	19,259	15,482
Accrued liabilities	22,091	18,549
Unearned revenue	0	1,803
Current lease liability - operating	1,380	1,149
Current portion of notes payable and long-term debt	22,370	23,197
Current portion of convertible senior notes	0	286
Total current liabilities	170,069	93,358
Convertible senior notes	134,497	76,233
Non-current lease liability - operating	9,041	4,726
Notes payable and long-term debt, less current portion	4,313	0
TOTAL LIABILITIES	317,920	174,317
Commitments and contingencies ( Note T)
Stockholders' equity:
Preferred Stock; 5,000 shares authorized at $0.001 par value; no shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively	0	0
Common Stock; 80,000 shares authorized at $0.001 par value; 49,393 and 38,148 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively	49	38
Additional paid-in capital	683,462	478,972
Accumulated other comprehensive income (loss)	(2,548)	975
Accumulated deficit	(451,851)	(265,116)
TOTAL STOCKHOLDERS' EQUITY	229,112	214,869
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 547,032	$ 389,186