XML 9 R2.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 11,756 $ 13,671
Short-term investments 53,014 51,788
Accounts receivable 45 40
Inventory 11,071 9,518
Prepaid expenses and other current assets 846 939
Total current assets 76,732 75,956
Property and equipment, net 409 522
Deferred tax assets 3,881 3,620
Right-of-use assets 925 1,045
Intangible assets, net 1,008 1,036
Goodwill 891 891
Long-term investments 0 500
Other assets 199 237
Total assets 84,045 83,807
Current liabilities:    
Accounts payable 1,454 1,707
Accrued liabilities 3,351 2,322
Customer deposits 846 1,448
Lease liabilities 453 497
Dividend payable   4,599
Total current liabilities 6,104 10,573
Other liabilities 850 939
Total liabilities 6,954 11,512
Commitments and contingencies (Note 5)
Stockholders’ equity    
Preferred stock, par value $0.0001 per share - 5,000,000 shares authorized as of March 31, 2024 and December 31, 2023; nil shares issued and outstanding as of March 31, 2024 and December 31, 2023
Common stock, par value $0.0001 per share - 75,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 18,432,450 and 18,395,682 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 2 2
Additional paid-in capital 27,894 27,477
Accumulated other comprehensive loss 22 18
Retained earnings 49,173 44,798
Total stockholders’ equity 77,091 72,295
Total liabilities and stockholders’ equity $ 84,045 $ 83,807