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Consolidated Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 6,223 $ 13,460
Accounts receivable – trade, net of allowances 47,913 20,869
Inventories, net of reserves 30,896 20,913
Prepaid expenses and other current assets 14,399 6,161
Total current assets 99,431 61,403
Property and equipment, net of accumulated depreciation 627 562
Intangible assets, net of accumulated amortization 50,261 55,156
Goodwill 23,076 22,742
Other assets 245 90
Total assets 173,640 139,953
Current liabilities:    
Accounts payable and accrued expenses 32,946 14,246
Accounts payable and accrued expenses – related parties 1,967
Short-term debt 23,932 16,817
Earn-out payable – related party 119
Deferred revenues – short-term 6,566 5,671
Derivative liabilities 356 363
Other short-term liabilities 3,605 1,209
Total current liabilities 67,405 40,392
Deferred revenues – long-term 13,405 10,482
Long-term debt 7,831
Deferred tax liability 9,044 7,902
Other long-term liabilities 350 2
Total liabilities 90,204 66,609
Commitments and contingencies (Note 13)
Mezzanine equity:    
Total mezzanine equity 28,509 28,876
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 50,000,000 shares authorized; 167,972 and 167,972 shares issued and outstanding, respectively
Common stock, $0.0001 par value, 200,000,000 shares authorized; 61,310,899 and 53,343,518 Class A shares issued and outstanding, respectively 6 6
Additional paid-in capital 105,625 86,768
Accumulated deficit (54,157) (47,498)
Accumulated other comprehensive loss 3,453 5,192
Total stockholders’ equity 54,927 44,468
Total liabilities and stockholders’ equity 173,640 139,953
Series B Preferred Stock [Member]    
Mezzanine equity:    
Total mezzanine equity 16,146 16,513
Series C Preferred Stock [Member]    
Mezzanine equity:    
Total mezzanine equity $ 12,363 $ 12,363