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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 17,911 $ 30,876
Accounts receivable, net of allowance of $12,742 and $11,997 as of March 31, 2022, and December 31, 2021 49,076 46,918
Inventories 21,319 20,543
Prepaid expenses 2,446 2,737
Advances to suppliers 3,532 2,162
Other current assets 4,139 3,758
Total current assets 98,423 106,994
LONG-TERM ASSETS:    
Long-term trade receivables 27,747 27,710
Deferred tax assets 249 284
Severance pay funds 884 817
Property and equipment, net 2,583 2,669
Intangible assets 14,536 15,393
Total long-term assets 45,999 46,873
TOTAL ASSETS 144,422 153,867
CURRENT LIABILITIES:    
Trade payables 4,788 4,913
Accrued expenses and other current liabilities 18,818 19,512
Income taxes payable 415 294
Unearned interest income 2,727 2,678
Warranty accrual 1,127 1,245
Deferred revenues 1,585 2,030
Current portion of government assistance loans 136 543
Total current liabilities 29,596 31,215
LONG-TERM LIABILITIES:    
Long-term debt 77,404 77,325
Income tax payable 571 563
Accrued severance pay 994 911
Deferred tax liabilities 56 46
Unearned interest income 1,376 1,355
Warranty accrual 432 508
Other long-term liabilities 567 348
Total long-term liabilities 81,400 81,056
TOTAL LIABILITIES 110,996 112,271
Commitments and Contingencies (Note 8)
STOCKHOLDERS’ EQUITY:    
Common Stock, $0.0001 par value: 300,000,000 shares authorized as of March 31, 2022 and December 31, 2021; 63,999,044 and 63,982,580 issued and outstanding as of March 31, 2022 and December 31, 2021 respectively 27 27
Additional paid-in capital 221,787 221,321
Accumulated deficit (189,024) (180,405)
TOTAL STOCKHOLDERS’ EQUITY 32,790 40,943
Non-controlling interests 636 653
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Ending Balance 33,426 41,596
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 144,422 $ 153,867