v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 47,273 $ 41,372
Marketable securities 19,035 39,793
Accounts receivable, net of allowance for doubtful accounts of $0.6 million and $0.6 million at March 31, 2022 and December 31, 2021 7,386 5,741
Notes receivable, current, net of allowance for doubtful accounts of $0.9 million and $0.5 million at March 31, 2022 and December 31, 2021 1,967 2,440
Inventory 105,941 105,571
Prepaid income taxes 5,856 5,856
Prepaids and other current assets 7,035 16,116
Total current assets 194,493 216,889
Property and equipment, net 26,928 24,116
Operating leases right-of-use assets 45,839 43,730
Intangible assets, net 48,786 48,402
Goodwill 132,500 125,401
Other assets 807 800
TOTAL ASSETS 449,353 459,338
Current liabilities:    
Accounts payable 14,221 17,033
Accrued liabilities 1,143 2,044
Payroll and payroll tax liabilities 4,302 7,440
Customer deposits 7,190 11,686
Sales tax payable 1,928 1,923
Current maturities of lease liability 7,740 6,858
Current portion of long-term debt 94 92
Total current liabilities 36,618 47,076
Commitments and ontingencies (Note 15)
Deferred tax liability 723 2,359
Operating lease liability, net of current maturities 39,879 38,546
Long-term debt, net of current portion 41 66
Total liabilities 77,261 88,047
Stockholders’ equity:    
Common stock; $0.001 par value; 100,000,000 shares authorized, 60,727,888 and 59,928,564 shares issued and outstanding as of March 31, 2022 and December 31, 2021 61 60
Additional paid-in capital 367,064 361,087
Retained earnings 4,967 10,144
Total stockholders’ equity 372,092 371,291
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 449,353 $ 459,338

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