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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 34,580 $ 75,639
Trade receivables, net of allowances and estimated credit losses of $712 and $1,339, respectively 39,016 37,323
Inventories, net 90,031 90,046
Income taxes receivable 1,215 794
Other current assets 4,005 3,997
Total current assets 168,847 207,799
Property and equipment, net 71,379 74,122
Intangible assets, net 20,359 21,674
Goodwill 25,465 25,465
Deferred income taxes 697 705
Other assets 3,970 2,918
Total assets 290,717 332,683
Current liabilities:    
Accounts payable 15,976 21,696
Accrued expenses 29,915 27,781
Other current liabilities 1,430 883
Current maturities of long-term debt 640 640
Income taxes payable 173 243
Total current liabilities 48,134 51,243
Long-term liabilities:    
Long-term debt net, less current maturities 110,046 109,799
Other long-term liabilities 1,295 1,048
Deferred income taxes 18 233
Income taxes payable 638 635
Total liabilities 160,131 162,958
Commitments and contingencies (Note 14)
Stockholders' equity:    
Common stock, $0.01 par value, 300,000,000 shares authorized; 84,770,249 and 83,738,974 shares issued, and 83,856,730 and 82,825,455 shares outstanding as of December 31, 2024 and December 31, 2023, respectively 837 827
Additional paid in capital 314,823 298,394
Accumulated deficit (178,285) (123,646)
Accumulated other comprehensive (expense) income (807) 132
Treasury stock, at cost; 913,519 shares as of December 31, 2024 and December 31, 2023 (5,982) (5,982)
Total stockholders' equity 130,586 169,725
Total liabilities & stockholders' equity $ 290,717 $ 332,683