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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash $ 14,050 $ 30,353
Accounts receivable—net 4,164 1,059
Inventory 44,256 36,212
Prepaid and other current assets 4,857 5,395
Total current assets 67,327 73,019
PROPERTY AND EQUIPMENT—net 162 175
GOODWILL AND OTHER INTANGIBLES—net 1,040 1,055
OTHER NON-CURRENT ASSETS 175 175
TOTAL ASSETS 68,704 74,424
CURRENT LIABILITIES:    
Credit facility 23,855 21,657
Accounts payable 21,690 21,064
Term loan 4,500 3,000
Accrued and other current liabilities 6,570 7,505
Total current liabilities 56,615 53,226
OTHER LIABILITIES   4
TERM LOANS 9,094 10,467
Total liabilities 65,709 63,697
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS’ EQUITY:    
Common stock, par value $0.0001 per share—500,000,000 shares authorized and 17,736,649 shares outstanding at December 31, 2019; 500,000,000 shares authorized and 17,763,994 shares outstanding at March 31, 2020 2 2
Additional paid-in capital 147,777 140,477
Accumulated deficit (144,839) (129,809)
Accumulated other comprehensive income 55 57
Total stockholders’ equity 2,995 10,727
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 68,704 $ 74,424