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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash $ 25,997 $ 30,317
Accounts receivable—net 4,933 10,478
Inventory 60,457 63,045
Prepaid and other current assets 10,459 21,034
Total current assets 101,846 124,874
PROPERTY AND EQUIPMENT—net 856 1,254
GOODWILL—net   119,941
OTHER INTANGIBLES—net 56,265 64,955
OTHER NON-CURRENT ASSETS 2,564 2,546
TOTAL ASSETS 161,531 313,570
CURRENT LIABILITIES:    
Credit facility 23,919 32,845
Accounts payable 13,491 21,716
Seller notes 2,326 7,577
Contingent earn-out liability   3,983
Warrant liability 6,308  
Accrued and other current liabilities 14,533 17,621
Total current liabilities 60,577 83,742
OTHER LIABILITIES 1,673 360
CONTINGENT EARN-OUT LIABILITY   5,240
Total liabilities 62,250 89,342
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS’ EQUITY:    
Common stock, par value $0.0001 per share-500,000,000 shares authorized and 55,090,237 shares outstanding at December 31, 2021; 500,000,000 shares authorized and 69,540,749 shares outstanding at September 30, 2022 7 5
Additional paid-in capital 705,775 653,650
Accumulated deficit (604,946) (428,959)
Accumulated other comprehensive loss (1,555) (468)
Total stockholders’ equity 99,281 224,228
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 161,531 $ 313,570