XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 85,883 $ 38,468
Trade receivables 37,262 37,687
Inventories, net 69,174 60,948
Income taxes receivable 596 615
Other current assets 4,167 4,658
Total current assets 197,082 142,376
Property and equipment, net 66,810 61,938
Intangible assets, net 22,137 22,387
Goodwill 25,465 25,465
Deferred income taxes 354 148
Other assets 1,697 1,795
Total assets 313,545 254,109
Current liabilities:    
Accounts payable 20,538 14,939
Accrued expenses 25,446 26,807
Accrued legal settlement 13,000 22,000
Other current liabilities 3,772 3,844
Current maturities of long-term debt 690 728
Income taxes payable 208 184
Total current liabilities 63,654 68,502
Long-term liabilities:    
Long-term debt net, less current maturities 42,204 42,182
Other long-term liabilities 1,523 1,628
Deferred income taxes 377 342
Income taxes payable 635 527
Total liabilities 108,393 113,181
Commitments and contingencies (Note 12)
Stockholders' equity:    
Common stock, $0.01 par value, 300,000,000 shares authorized; 83,220,392 and 78,684,107 shares issued, and 82,306,873 and 77,770,588 shares outstanding as of March 31, 2023 and December 31, 2022,respectively 821 776
Additional paid in capital 287,286 213,956
Accumulated deficit (76,841) (67,789)
Accumulated other comprehensive loss (132) (33)
Treasury stock, at cost; 913,519 shares as of March 31, 2023 and December 31, 2022 (5,982) (5,982)
Total stockholders' equity 205,152 140,928
Total liabilities & stockholders' equity $ 313,545 $ 254,109