v3.24.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 27,436 $ 29,757
Marketable securities 27,787 35,212
Accounts receivable, net of allowance for credit losses of $1,800 and $1,363 at September 30, 2024 and December 31, 2023, respectively 10,324 8,895
Notes receivable, current, net of allowance for credit losses of $— and $1,732 at September 30, 2024 and December 31, 2023, respectively 1,106 193
Inventory 48,025 64,905
Prepaid income taxes 201 516
Prepaid and other current assets 7,688 7,973
Total current assets 122,567 147,451
Property and equipment, net 21,119 27,052
Operating leases right-of-use assets, net 36,453 39,933
Notes receivable, long-term 0 106
Intangible assets, net 11,152 16,180
Goodwill 7,525 7,525
Other assets 823 843
TOTAL ASSETS 199,639 239,090
Current liabilities:    
Accounts payable 8,183 11,666
Accrued liabilities 2,536 2,530
Payroll and payroll tax liabilities 2,354 2,169
Customer deposits 2,631 5,359
Sales tax payable 1,310 1,185
Current maturities of operating lease liabilities 7,523 8,021
Total current liabilities 24,537 30,930
Operating lease liabilities, net of current maturities 31,620 34,448
Other long-term liabilities 317 317
Total liabilities 56,474 65,695
Commitments and contingencies (Note 13)
Stockholders' equity:    
Common stock; $0.001 par value; 100,000,000 shares authorized, 59,242,200 and 61,483,762 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 59 61
Additional paid-in capital 375,407 373,433
Accumulated deficit (232,301) (200,099)
Total stockholders' equity 143,165 173,395
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 199,639 $ 239,090

Source

HTML PDF
ZIP