XML 14 R3.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 18,415 $ 14,591
Accounts receivable – trade, net of allowances 40,421 31,009
Inventories, net of reserves 44,142 58,211
Prepaid expenses and other current assets 8,099 7,433
Total current assets 111,077 111,244
Property and equipment, net of accumulated depreciation 1,500 1,733
Operating lease right of use asset 8,428 4,350
Intangible assets, net of accumulated amortization 46,547 52,579
Goodwill 11,969 25,092
Other assets 851 397
Total assets 180,372 195,395
Current liabilities:    
Accounts payable and accrued expenses 35,988 36,566
Short-term debt 1,022 845
Operating lease liabilities, current 1,570 1,898
Deferred revenues, current 8,202 8,308
Derivative liabilities 422 472
Other short-term liabilities 2,441 386
Total current liabilities 49,645 48,475
Deferred revenues, non-current 15,531 15,603
Long-term debt 43,355 43,778
Deferred tax liabilities, net 5,584 4,680
Operating lease liabilities, non-current 7,106 2,457
Total liabilities 121,221 114,993
Commitments and contingencies (Note 14)
Mezzanine equity:    
Total mezzanine equity 28,509 28,509
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 50,000,000 shares authorized; 167,972 and 167,972 shares issued and outstanding, respectively 0 0
Common stock, $0.0001 par value, 68,750,000 shares authorized; 9,605,360 and 9,339,587 Class A shares issued and outstanding, respectively 1 1
Additional paid-in capital 118,733 117,849
Accumulated deficit (86,604) (65,043)
Accumulated other comprehensive loss (1,488) (914)
Total stockholders’ equity 30,642 51,893
Total liabilities and stockholders’ equity 180,372 195,395
Preferred stock Series B    
Mezzanine equity:    
Total mezzanine equity 16,146 16,146
Preferred stock Series C    
Mezzanine equity:    
Total mezzanine equity $ 12,363 $ 12,363