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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows From Operating Activities    
Net income (loss) $ (2,301,000) $ 67,793,000
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Stock based compensation 2,067,000 2,083,000
Bad debt expense 9,000 76,000
Depreciation of property and equipment 7,992,000 6,893,000
Amortization of intangible assets 5,501,000 5,445,000
Amortization of debt discount 327,000 248,000
Non-cash lease expense 201,000 131,000
Loss (gain) on sale of property and equipment 21,000 0
Loss (gain) on sale of property and equipment   (18,000)
Deferred income taxes (116,000) 0
Change in fair value of warrant liabilities (856,000) (10,671,000)
Impairment charges 629,000 0
Changes in operating assets and liabilities (net of acquisitions):    
Receivables 3,221,000 5,884,000
Inventories 18,427,000 (68,046,000)
Prepaid expenses and other (1,196,000) (1,027,000)
Income tax receivable/payable (621,000) (4,584,000)
Other assets (169,000) (591,000)
Accounts payable 5,511,000 (5,590,000)
Accrued expenses and other current liabilities 1,787,000 (5,534,000)
Total Adjustments 42,735,000 (75,301,000)
Net Cash Provided By (Used In) Operating Activities 40,434,000 (7,508,000)
Cash Flows From Investing Activities    
Cash paid for acquisitions (72,064,000) (14,694,000)
Proceeds from sales of property and equipment 0 19,000
Purchases of property and equipment (74,432,000) (23,508,000)
Net Cash Used In Investing Activities (146,496,000) (38,183,000)
Cash Flows From Financing Activities    
Net (repayments) borrowings under M&T bank floor plan (13,967,000) 89,835,000
Borrowings under revolving line of credit 45,000,000 0
Principal payments on long-term debt and finance liabilities (14,662,000) (3,608,000)
Proceeds from issuance of long-term debt and finance liabilities 33,085,000 6,745,000
Payment of dividends on Series A preferred stock (3,590,000) (3,604,000)
Repurchase of Treasury Stock (109,000) (43,219,000)
Proceeds from shares issued pursuant to the Employee Stock Purchase Plan 425,000 602,000
Proceeds from exercise of warrants 30,543,000 513,000
Proceeds from exercise of stock options 1,019,000 1,819,000
Disgorgement of short-swing profits 622,000 0
Tax benefit related to stock-based awards 0 67,000
Repayments of acquisition notes payable 0 (805,000)
Loan issuance costs (1,069,000) 0
Net Cash Provided By Financing Activities 77,297,000 48,345,000
Net (Decrease) Increase In Cash (28,765,000) 2,654,000
Cash - Beginning 61,687,000 98,120,000
Cash - Ending 32,922,000 100,774,000
Supplemental Disclosures of Cash Flow Information:    
Cash paid during the period for interest 7,402,000 10,481,000
Cash paid during the period for income taxes net of refunds received $ 221,000 $ 23,920,000