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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash $ 62,050 $ 31,458
Receivables, net of allowance for doubtful accounts of $535 and $382 at June 30,2020 and December 31, 2019, respectively 30,815 16,025
Inventories 100,280 160,864
Income tax receivable 326
Prepaid expenses and other 3,169 2,999
Total current assets 196,314 211,672
Property and equipment, net 90,809 86,876
Operating lease assets 17,110
Goodwill 40,616 38,979
Intangible assets, net 69,520 68,854
Other assets 353 255
Total assets 414,722 406,636
Current liabilities    
Accounts payable, accrued expenses and other current liabilities 31,553 23,855
Income taxes payable 3,444
Floor plan notes payable, net of debt discount 92,256 143,949
Financing liability, current portion 1,462 936
Long-term debt, current portion 17,332 5,993
Operating lease liability, current portion 3,164
Total current liabilities 149,211 174,733
Long term liabilities    
Financing liability, non-current portion, net of debt discount 71,403 63,557
Long term debt, non-current portion, net of debt discount 15,679 15,573
Operating lease liability, non-current portion 13,616
Deferred tax liability 16,450 16,450
Total liabilities 266,359 270,313
Commitments and Contingencies
Series A Convertible Preferred Stock; 600,000 shares, designated, issued, and outstanding as of June 30, 2020 and December 31, 2019; liquidation preference of $69,237 and $65,910 as of June 30, 2020 and December 31, 2019, respectively 64,221 60,893
Stockholders' Equity    
Preferred Stock, $0.0001 par value; 5,000,000 shares authorized;
Common stock, $0.0001 par value; 100,000,000 shares authorized; 8,548,524 and 8,506,666 shares issued and 8,407,225 and 8,428,666 outstanding at June 30, 2020 and December 31, 2019, respectively
Additional paid-in capital 78,712 79,186
Treasury Stock, at cost, 141,299 and 78,000 shares at June 30, 2020 and December 31, 2019, respectively (499) (314)
Retained earnings (accumulated deficit) 5,929 (3,442)
Total stockholders' equity 84,142 75,430
Total liabilities and stockholders' equity $ 414,722 $ 406,636