XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash $ 17,189 $ 30,353
Accounts receivable—net 8,646 1,059
Inventory 27,346 36,212
Prepaid and other current assets 6,671 5,395
Total current assets 59,852 73,019
PROPERTY AND EQUIPMENT—net 141 175
GOODWILL AND OTHER INTANGIBLES—net 1,024 1,055
OTHER NON-CURRENT ASSETS 175 175
TOTAL ASSETS 61,192 74,424
CURRENT LIABILITIES:    
Credit facility 18,168 21,657
Accounts payable 15,045 21,064
Term loan 6,000 3,000
Accrued and other current liabilities 9,035 7,505
Total current liabilities 48,248 53,226
OTHER LIABILITIES   4
TERM LOANS 7,722 10,467
Total liabilities 55,970 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 17,763,164 shares outstanding at June 30, 2020 2 2
Additional paid-in capital 152,948 140,477
Accumulated deficit (147,776) (129,809)
Accumulated other comprehensive income 48 57
Total stockholders’ equity 5,222 10,727
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 61,192 $ 74,424