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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash $ 7,973 $ 21,359
Cash - restricted 217 222
Trade receivables (net) 43,856 30,515
Other receivables 1,750 2,039
Inventory (net) 69,801 64,965
Prepaid expense and other current assets 3,832 2,436
Assets held for sale 75  
Total current assets 127,504 121,536
Total fixed assets, net of accumulated depreciation of $22,441 and $18,662, at December 31, 2022 and 2021, respectively 51,697 16,460
Operating lease assets 5,667 3,563
Intangible assets (net) 14,367 11,946
Goodwill 36,916 24,949
Other long-term assets   1,143
Deferred tax assets 452 178
Total assets 236,603 179,775
Current liabilities    
Accounts payable 45,682 44,136
Accrued expenses 12,379 10,539
Related party payables (net) 60 203
Notes payable 22,666 18,401
Current portion of finance lease obligations 509 399
Current portion of operating lease obligations 1,758 1,064
Customer deposits 3,407 7,121
Total current liabilities 86,461 81,863
Long-term liabilities    
Revolving term credit facilities (net) 41,479 12,717
Notes payable (net) 22,261 10,089
Finance lease obligations (net of current portion) 3,382 3,822
Non-current operating lease obligations (net of current portion) 3,909 2,499
Deferred gain on sale of property 427 507
Deferred tax liability 5,151 1,074
Other long-term liabilities 5,572 4,389
Total long-term liabilities 82,181 35,097
Total liabilities 168,642 116,960
Commitments and contingencies
Equity    
Preferred Stock--Authorized 150,000 shares, no shares issued or outstanding at December 31, 2022 and 2021
Common Stock--no par value 25,000,000 shares authorized, 20,107,014 and 19,940,487 shares issued and outstanding at December 31, 2022 and 2021, respectively 133,289 132,206
Paid-in capital 4,266 3,264
Retained deficit (73,338) (68,436)
Accumulated other comprehensive loss (5,822) (4,219)
Equity attributable to shareholders of Manitex International, Inc. 58,395 62,815
Equity attributable to noncontrolling interest 9,566  
Total equity 67,961 62,815
Total liabilities and equity $ 236,603 $ 179,775