Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 36,350 $ 33,857
Accounts receivable, net of allowance for doubtful accounts of $774 and $645, respectively 55,759 48,344
Inventories 79,246 63,978
Prepaid expenses 8,740 10,353
Other current assets 7,493 3,171
Assets held for sale 225 278
Total current assets 187,813 159,981
Property and equipment, net of accumulated depreciation and amortization of $41,478 and $37,171, respectively 45,671 33,053
Deferred tax assets, net 5,350 7,059
Intangible assets, net 51,518 42,415
Goodwill 77,196 66,262
Other assets 7,631 3,026
Total assets 375,179 311,796
Current liabilities    
Accounts payable 24,523 19,328
Accrued liabilities 35,515 40,736
Income tax payable 957 1,255
Liabilities held for sale 91 128
Current portion of long-term debt 13,285 13,174
Total current liabilities 74,371 74,621
Long-term debt 139,818 146,516
Deferred tax liabilities 3,526 1,297
Other liabilities 904 722
Total liabilities 218,619 223,156
Commitments and contingencies (Note 7)
Mezzanine equity    
Preferred stock ($0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of September 30, 2022 and December 31, 2021)
Shareholders' equity    
Common stock ($0.0001 par value, 190,000,000 shares authorized, 37,332,271 and 34,383,350 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively) 4 3
Additional paid-in capital 203,754 127,606
Accumulated other comprehensive loss (846) (1,917)
Accumulated deficit (46,352) (37,052)
Total shareholders' equity 156,560 88,640
Total liabilities, mezzanine equity and shareholders' equity $ 375,179 $ 311,796