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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 5,379 $ 5,715
Restricted cash 99 208
Trade accounts receivable, net of allowance for credit losses and doubtful accounts of $1,012 and $920, respectively 21,187 20,731
Inventories 40,507 36,885
Prepaid and other current assets 1,800 1,330
Total current assets 68,972 64,869
Property and equipment, net 8,837 8,692
Right-of-use asset 1,117 1,523
Goodwill 7,302 7,302
Intangible assets, net 9,220 10,085
Other assets 130 141
Total Assets 95,578 92,612
Current Liabilities:    
Accounts payable 6,875 7,054
Accrued liabilities 8,676 10,419
Current portion of lease liability 794 830
Current portion of finance lease obligations 67 65
Line of credit 11,899 4,622
Total current liabilities 28,311 22,990
Long-term Liabilities:    
Lease liability, less current portion 376 759
Finance lease obligation, less current portion 82 116
Long-term debt, plus premium and less issuance costs 21,770 17,167
Other liabilities 34 231
Total Liabilities 50,573 41,263
Commitments and Contingencies (note 14)
Stockholders’ Equity:    
Preferred stock, $0.000001 par value; 10,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.000001 par value; 300,000,000 shares authorized; 130,314,372 shares issued and outstanding as of June 30, 2024 and 130,180,031 shares issued and outstanding as of December 31, 2023
Additional paid-in capital 296,451 294,330
Accumulated other comprehensive (loss) income (175) 29
Accumulated deficit (251,271) (243,010)
Total Stockholders’ Equity 45,005 51,349
Total Liabilities & Stockholders’ Equity $ 95,578 $ 92,612