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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 10,540 $ 30,876
Accounts receivable, net of allowance of $14,100 and $11,997 as of June 30, 2022, and December 31, 2021 46,754 46,918
Inventories 22,363 20,543
Prepaid expenses 2,169 2,737
Advances to suppliers 2,869 2,162
Other current assets 3,873 3,758
Total current assets 88,568 106,994
LONG-TERM ASSETS:    
Long-term trade receivables 26,724 27,710
Deferred tax assets 579 284
Severance pay funds 815 817
Property and equipment, net 2,395 2,669
Intangible assets 13,670 15,393
Total long-term assets 44,183 46,873
TOTAL ASSETS 132,751 153,867
CURRENT LIABILITIES:    
Trade payables 4,184 4,913
Accrued expenses and other current liabilities 17,449 19,512
Income taxes payable 690 294
Unearned interest income 2,884 2,678
Warranty accrual 1,173 1,245
Deferred revenues 1,800 2,030
Current portion of government assistance loans 0 543
Total current liabilities 28,180 31,215
LONG-TERM LIABILITIES:    
Long-term debt 77,507 77,325
Income tax payable 582 563
Accrued severance pay 931 911
Deferred tax liabilities 58 46
Unearned interest income 1,433 1,355
Warranty accrual 437 508
Other long-term liabilities 227 348
Total long-term liabilities 81,175 81,056
TOTAL LIABILITIES 109,355 112,271
Commitments and Contingencies (Note 8)
STOCKHOLDERS’ EQUITY:    
Common Stock, $0.0001 par value: 300,000,000 shares authorized as of June 30, 2022 and December 31, 2021; 64,399,044 and 63,982,580 issued and outstanding as of June 30, 2022, and December 31, 2021, respectively 27 27
Additional paid-in capital 222,393 221,321
Accumulated deficit (199,583) (180,405)
TOTAL STOCKHOLDERS’ EQUITY 22,837 40,943
Non-controlling interests 559 653
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Ending Balance 23,396 41,596
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 132,751 $ 153,867