Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 17,349 $ 32,003
Accounts receivable, net of reserves 27,616 28,208
Inventory 13,278 14,159
Prepaid expenses and other current assets 2,477 3,309
Total current assets 60,720 77,679
Intangible assets, net 26,128 27,197
Operating lease right-of-use asset, net 167 189
Restricted cash 8,750  
Other assets 88 95
Total assets 95,853 105,160
Current liabilities    
Accounts payable 43,658 36,570
Due to related party 370 413
Accrued expenses 17,375 19,388
Accrued interest 165 160
Income taxes payable 35 35
Line of credit 3,000 2,948
Term loan, short-term (net of discount of $86) 9,914  
Deferred cash payment (net of discount of $9)   4,991
Installment payments - licenses, short-term 2,288 2,244
Operating lease liability, short-term 93 83
Total current liabilities 76,898 66,832
Term loan, long-term (net of debt discount of $71 and $174) 9,929 19,826
Installment payments - licenses, long-term 1,450 1,412
Operating lease liability, long-term 84 108
Total liabilities 88,361 88,178
Commitments and contingencies
Stockholders' equity    
Additional paid-in capital 86,128 85,482
Accumulated deficit (78,638) (68,502)
Total stockholders' equity 7,492 16,982
Total liabilities and stockholders' equity 95,853 105,160
Common stock    
Stockholders' equity    
Common stock 1 1
Common Stock Class A    
Stockholders' equity    
Common stock $ 1 $ 1