XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash $ 34,949 $ 38,468
Trade receivables 33,615 37,687
Inventories, net 94,380 60,948
Income taxes receivable 1,022 615
Other current assets 4,826 4,658
Total current assets 168,792 142,376
Property and equipment, net 73,530 61,938
Intangible assets, net 21,802 22,387
Goodwill 25,465 25,465
Deferred income taxes 132 148
Other assets 3,634 1,795
Total assets 293,355 254,109
Current liabilities:    
Accounts payable 27,395 14,939
Accrued expenses 24,966 26,807
Accrued legal settlement   22,000
Other current liabilities 1,893 3,844
Current maturities of long-term debt 640 728
Income taxes payable   184
Total current liabilities 54,894 68,502
Long-term liabilities:    
Long-term debt net, less current maturities 42,288 42,182
Other long-term liabilities 1,467 1,628
Deferred income taxes 327 342
Income taxes payable 635 527
Total liabilities 99,611 113,181
Commitments and contingencies (Note 11)
Stockholders' equity:    
Common stock, $0.01 par value, 300,000,000 shares authorized; 83,469,426 and 78,684,107 shares issued, and 82,555,907 and 77,770,588 shares outstanding as of September 30, 2023 and December 31, 2022, respectively 824 776
Additional paid in capital 296,018 213,956
Accumulated deficit (96,071) (67,789)
Accumulated other comprehensive loss (1,045) (33)
Treasury stock, at cost; 913,519 shares as of September 30, 2023 and December 31, 2022 (5,982) (5,982)
Total stockholders' equity 193,744 140,928
Total liabilities & stockholders' equity $ 293,355 $ 254,109