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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash $ 44,281 $ 30,317
Accounts receivable—net 5,870 10,478
Inventory 75,425 63,045
Prepaid and other current assets 13,440 21,034
Total current assets 139,016 124,874
PROPERTY AND EQUIPMENT—net 1,146 1,254
GOODWILL—net 90,921 119,941
OTHER INTANGIBLES—net 63,211 64,955
OTHER NON-CURRENT ASSETS 2,726 2,546
TOTAL ASSETS 297,020 313,570
CURRENT LIABILITIES:    
Credit facility 29,463 32,845
Accounts payable 22,894 21,716
Seller notes 4,081 7,577
Contingent earn-out liability 6,448 3,983
Warrant liability 20,861  
Accrued and other current liabilities 15,412 17,621
Total current liabilities 99,159 83,742
OTHER LIABILITIES 509 360
CONTINGENT EARN-OUT LIABILITY   5,240
Total liabilities 99,668 89,342
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS’ EQUITY:    
Common stock, par value $0.0001 per share—500,000,000 shares authorized and 55,090,237 shares outstanding at December 31, 2021; 500,000,000 shares authorized and 62,348,318 shares outstanding at March 31, 2022 6 5
Additional paid-in capital 669,720 653,650
Accumulated deficit (471,735) (428,959)
Accumulated other comprehensive loss (639) (468)
Total stockholders’ equity 197,352 224,228
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 297,020 $ 313,570