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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash $ 39,527 $ 20,029
Accounts receivable—net 4,355 1,403
Inventory 31,369 30,552
Prepaid and other current assets 5,751 5,418
Total current assets 81,002 57,402
PROPERTY AND EQUIPMENT—net 159 268
OTHER NON-CURRENT ASSETS 135 337
TOTAL ASSETS 81,296 58,007
CURRENT LIABILITIES:    
Credit facility 18,707 14,451
Accounts payable 13,754 15,404
Accrued and other current liabilities 12,497 9,708
Total current liabilities 44,958 39,563
OTHER LIABILITIES 12 26
TERM LOANS 13,211 13,049
Total liabilities 58,181 52,638
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS’ EQUITY:    
Common stock, par value $0.0001 per share—500,000,000 shares authorized and 11,534,190 shares outstanding at December 31, 2018; 500,000,000 shares authorized and 17,625,241 shares outstanding at June 30, 2019 2 1
Additional paid-in capital 119,348 76,348
Accumulated deficit (96,288) (71,020)
Accumulated other comprehensive income 53 40
Total stockholders’ equity 23,115 5,369
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 81,296 $ 58,007