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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 6,414 $ 11,569
Accounts receivable, net of allowance of $14,207 and $13,619 as of March 31, 2023, and December 31, 2022, respectively 39,147 37,262
Inventories 22,673 23,906
Prepaid expenses 1,619 1,688
Advances to suppliers 5,861 5,881
Other current assets 2,029 3,702
Total current assets 77,743 84,008
LONG-TERM ASSETS:    
Long-term trade receivables 15,325 20,044
Deferred tax assets 799 947
Severance pay funds 698 741
Property and equipment, net 1,743 1,857
Operating right-of-use assets, net 5,439 5,862
Intangible assets 11,063 11,919
Total long-term assets 35,067 41,370
TOTAL ASSETS 112,810 125,378
CURRENT LIABILITIES:    
Trade payables 7,511 8,033
Accrued expenses and other current liabilities 14,965 16,667
Current portion of long-term debt 7,735 7,735
Income taxes payable 187 117
Unearned interest income 2,222 2,397
Warranty accrual 945 1,074
Deferred revenues 952 1,765
Operating lease liabilities 1,688 1,807
Total current liabilities 36,205 39,595
LONG-TERM LIABILITIES:    
Long-term debt 70,078 70,003
Income tax payable 379 374
Accrued severance pay 834 867
Unearned interest revenue 772 957
Warranty accrual 391 408
Operating lease liabilities 3,932 4,221
Other long-term liabilities 426 215
Total long-term liabilities 76,812 77,045
TOTAL LIABILITIES 113,017 116,640
Commitments and Contingencies (Note 9)
STOCKHOLDERS’ EQUITY (Note 15):    
Common Stock, $0.0001 par value: 300,000,000 shares authorized as of March 31, 2023 and December 31, 2022; 5,388,074 and 5,141,688 issued and outstanding as of March 31, 2023, and December 31, 2022, respectively 30 29
Additional paid-in capital 233,394 232,169
Accumulated deficit (234,310) (224,105)
TOTAL STOCKHOLDERS’ EQUITY (886) 8,093
Non-controlling interests 679 645
Equity, Including Portion Attributable to Noncontrolling Interest (207) 8,738
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 112,810 $ 125,378