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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash $ 26,718 $ 30,353
Accounts receivable—net 5,747 1,059
Inventory 31,582 36,212
Prepaid and other current assets 11,111 5,395
Total current assets 75,158 73,019
PROPERTY AND EQUIPMENT—net 169 175
GOODWILL AND OTHER INTANGIBLES—net 78,778 1,055
OTHER NON-CURRENT ASSETS 3,349 175
TOTAL ASSETS 157,454 74,424
CURRENT LIABILITIES:    
Credit facility 12,190 21,657
Accounts payable 14,856 21,064
Term loan 21,600 3,000
Seller notes 16,231  
Contingent earn-out liability 1,515  
Accrued and other current liabilities 8,340 7,505
Total current liabilities 74,732 53,226
OTHER LIABILITIES 1,841 4
CONTINGENT EARN-OUT LIABILITY 21,016  
TERM LOANS 36,483 10,467
Total liabilities 134,072 63,697
COMMITMENTS AND CONTINGENCIES (Note 12)
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 27,074,791 shares outstanding at December 31, 2020 3 2
Additional paid-in capital 216,305 140,477
Accumulated deficit (192,935) (129,809)
Accumulated other comprehensive income 9 57
Total stockholders’ equity 23,382 10,727
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 157,454 $ 74,424