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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 23,577 $ 13,671
Short-term investments 43,928 51,788
Accounts receivable 178 40
Inventory 12,259 9,518
Prepaid expenses and other current assets 1,077 939
Total current assets 81,019 75,956
Property and equipment, net 404 522
Deferred tax assets 4,142 3,620
Right-of-use assets 739 1,045
Goodwill 891 891
Intangible assets, net 981 1,036
Long-term investments   500
Other assets 157 237
Total assets 88,333 83,807
Current liabilities:    
Accounts payable 1,517 1,707
Accrued liabilities 3,316 2,322
Customer deposits 771 1,448
Lease liabilities 433 497
Dividend payable 4,626 4,599
Total current liabilities 10,663 10,573
Other liabilities 474 939
Total liabilities 11,137 11,512
Commitments and contingencies (Note 5)
Stockholders’ equity    
Preferred stock, par value $0.0001 per share - 5,000,000 shares authorized as of June 30, 2024 and December 31, 2023; nil shares issued and outstanding as of June 30, 2024 and December 31, 2023
Common stock, par value $0.0001 per share - 75,000,000 shares authorized as of June 30, 2024 and December 31, 2023; 18,507,490 and 18,395,682 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 2 2
Additional paid-in capital 28,272 27,477
Accumulated other comprehensive loss 39 18
Retained earnings 48,883 44,798
Total stockholders’ equity 77,196 72,295
Total liabilities and stockholders’ equity $ 88,333 $ 83,807