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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 22,626 $ 5,946
Restricted cash 206 206
Accounts receivable, net 9,849 11,257
Inventories 17,059 23,396
Prepaid expenses and other receivables 1,761 3,486
Total current assets 51,501 44,291
Property, plant and equipment, net 15,928 16,131
Intangible assets, net 19,161 22,964
Goodwill 518 501
Other assets 3,311 3,901
Total assets 90,419 87,788
Current liabilities:    
Accounts payable 3,960 7,972
Accrued expenses 7,564 14,713
Customer deposits 568 0
Capital lease obligation, current 476 436
Total current liabilities 12,568 23,121
Revolver, net of debt issuance costs (face of $25,000 and $25,000 as of June 30, 2021 and December 31, 2020, respectively) 25,000 25,000
2023 Term Loans, net of debt issuance costs (face of $86,605 and $102,905 as of June 30, 2021 and December 31, 2020, respectively ) 91,208 99,490
Derivative liabilities 0 7,507
Deferred tax liability 196 190
Other long term liabilities 4,663 4,914
Total liabilities 133,932 197,940
Commitments and Contingencies
Mezzanine equity:    
Series D Preferred Stock, $0.01 par value, 1,000,000 shares authorized; 85.412 shares issued and outstanding as of June 30, 2021 15,374 0
Stockholders’ deficit:    
Common stock, $0.01 par value, 100,000,000 shares authorized; 92,817,674 and 21,754,223 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 1,232 220
Additional paid-in capital 197,372 135,218
Accumulated deficit (254,209) (243,496)
Accumulated other comprehensive loss, net of taxes (3,282) (2,094)
Total stockholders’ deficit (58,887) (110,152)
Total liabilities, mezzanine equity and stockholders' deficit 90,419 87,788
2023 Series D Convertible Notes    
Current liabilities:    
Senior Convertible Notes 0 31,922
2023 Series D Convertible Notes    
Current liabilities:    
Senior Convertible Notes $ 297 $ 5,796