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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash $ 61,934 $ 26,718
Accounts receivable—net 16,263 5,747
Inventory 75,514 31,582
Prepaid and other current assets 12,716 11,111
Total current assets 166,427 75,158
PROPERTY AND EQUIPMENT—net 1,350 169
GOODWILL—net 118,619 47,318
OTHER INTANGIBLES—net 69,115 31,460
OTHER NON-CURRENT ASSETS 3,552 3,349
TOTAL ASSETS 359,063 157,454
CURRENT LIABILITIES:    
Credit facility   12,190
Accounts payable 39,455 14,856
Term loan 72,791 21,600
Seller notes 9,955 16,231
Contingent earn-out liability 14,812 1,515
Accrued and other current liabilities 24,673 8,340
Total current liabilities 161,686 74,732
OTHER LIABILITIES 614 1,841
CONTINGENT EARN-OUT LIABILITY 20,986 21,016
TERM LOANS   36,483
Total liabilities 183,286 134,072
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS’ EQUITY:    
Common stock, par value $0.0001 per share—500,000,000 shares authorized and 27,074,791 shares outstanding at December 31, 2020; 500,000,000 shares authorized and 35,734,767 shares outstanding at June 30, 2021 3 3
Additional paid-in capital 487,605 216,305
Accumulated deficit (311,794) (192,935)
Accumulated other comprehensive income (37) 9
Total stockholders’ equity 175,777 23,382
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 359,063 $ 157,454