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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 6,476 $ 1,966
Factored accounts receivable, net 16,703 4,917
Accounts receivable, net 3,118 1,836
Royalties receivable 404 547
Inventories, net 23,977 15,353
Prepaid expenses and other current assets 4,249 1,351
Total current assets 54,927 25,970
Property and equipment, net 10,620 13,406
Goodwill 8,271 2,286
Intangible assets, net 91,886 39,823
Other assets 467 1,374
Total assets 166,171 82,859
Current liabilities    
Accounts payable and accrued expenses 18,223 13,084
Cash advances from customers 1,707  
Short term convertible notes 13,137  
Current portion of long term debt 1,250  
Current portion of loan payable   1,167
Total current liabilities 34,317 14,251
Deferred rent 3,636 3,568
Line of credit 12,742 17,013
Convertible notes 12,660  
Long term debt, net of current portion 47,218  
Loan payable, net of current portion   486
Deferred income taxes, net 11,074  
Total liabilities 121,647 35,318
Commitments and contingencies
Equity    
Preferred members, liquidation preference of $0 and $32.7 million at December 31, 2016 and 2015, respectively   24,798
Common members   22,743
Series A convertible preferred stock, $0.10 par value: 50,000 and 0 shares authorized, issued and outstanding at December 31,2016 and 2015, respectively 5  
Common stock, $0.10 par value: 100,000,000 and 0 shares authorized, 13,239,125 and 0 shares issued and outstanding at December 31, 2016 and 2015, respectively 1,324  
Additional paid-in capital 59,154  
Accumulated other comprehensive loss (221)  
Accumulated deficit (15,738)  
Total equity 44,524 47,541
Total liabilities and equity $ 166,171 $ 82,859