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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash $ 19,727 $ 24,702
Receivables, net of allowance for doubtful accounts of $566 and $763 26,363 22,318
Inventories, net 182,607 211,946
Income tax receivable 1,695 6,116
Prepaid expenses and other 6,066 1,823
Current assets held for sale 16,049 86,869
Total current assets 252,507 353,774
Property and equipment, net 171,033 174,324
Operating lease right-of-use assets 12,875 13,812
Intangible assets, net 50,806 54,957
Other assets 3,724 3,216
Long-term assets held for sale 18,563 75,747
Total assets 509,508 675,830
Current liabilities:    
Accounts payable 23,452 22,426
Accrued expenses and other current liabilities 31,780 31,211
Floor plan notes payable, net of debt discount 210,920 306,036
Current portion of financing liability 2,880 2,792
Current portion of revolving credit facility 10,000 10,000
Current portion of long-term debt 346 1,168
Current portion of operating lease liability 3,366 3,711
Current liabilities related to assets held for sale 220 1,530
Total current liabilities 282,964 378,874
Long-term liabilities:    
Financing liability, net of debt discount 75,226 76,007
Revolving credit facility 17,844 20,344
Operating lease liability 9,886 10,592
Deferred income tax liability 1,820 1,348
Warrant liabilities 1,427 5,709
Other long-term liabilities 6,721 6,721
Long-term liabilities related to assets held for sale 13,729 23,001
Total liabilities 429,144 586,230
Commitments and contingencies - see Note 10
Stockholders’ Equity    
Common stock, $0.0001 par value; 500,000,000 shares authorized; 113,537,980 and 113,227,173 shares issued; and 110,125,758 and 109,814,951 shares outstanding 10 10
Additional paid-in capital 261,762 261,465
Treasury stock, at cost, 3,412,222 and 3,412,222 shares (57,128) (57,128)
Retained deficit (124,280) (114,747)
Total stockholders’ equity 80,364 89,600
Total liabilities and stockholders’ equity 509,508 675,830
Nonrelated Party    
Long-term liabilities:    
Long-term debt, net of debt discount 12,338 27,417
Related Party    
Long-term liabilities:    
Long-term debt, net of debt discount $ 7,189 $ 36,217