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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 17,253 $ 14,591
Accounts receivable – trade, net of allowances 29,523 31,009
Inventories, net of reserves 44,131 58,211
Prepaid expenses and other current assets 9,471 7,433
Total current assets 100,378 111,244
Property and equipment, net of accumulated depreciation 2,477 1,733
Operating lease right of use asset 8,846 4,350
Intangible assets, net of accumulated amortization 45,964 52,579
Goodwill 0 25,092
Other assets 906 397
Total assets 158,571 195,395
Current liabilities:    
Accounts payable and accrued expenses 32,899 36,566
Short-term debt 1,037 845
Operating lease liabilities, current 1,827 1,898
Deferred revenues, current 8,698 8,308
Derivative liabilities 205 472
Other short-term liabilities 1,566 386
Total current liabilities 46,232 48,475
Deferred revenues, non-current 16,347 15,603
Long-term debt 39,134 43,778
Deferred tax liabilities, net 4,316 4,680
Operating lease liabilities, non-current 7,282 2,457
Total liabilities 113,311 114,993
Commitments and contingencies (Note 15)
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, 18,750,000 shares authorized; 9,704,496 and 9,339,587 Class A shares issued and outstanding at December 31, 2023 and 2022, respectively 1 1
Additional paid-in capital 119,724 117,849
Accumulated deficit (104,275) (65,043)
Accumulated other comprehensive income (loss) 1,301 (914)
Total stockholders’ equity 16,751 51,893
Total liabilities and stockholders’ equity 158,571 195,395
Preferred Series B    
Mezzanine equity:    
Total mezzanine equity 16,146 16,146
Preferred Series C    
Mezzanine equity:    
Total mezzanine equity $ 12,363 $ 12,363