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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 43,534 $ 43,425
Restricted cash 5,363 6,689
Accounts receivable - trade, net of allowance of $62 and $62, respectively 43,942 43,042
Notes receivable 8,505 401
Inventories 94,507 110,397
Prepaid income tax 2 2
Prepaid expenses and other current assets 4,717 5,213
Total current assets 200,570 209,169
Property, plant and equipment, net 242,452 252,984
Land use rights, net 5,790 5,854
Operating right of use asset 7,277 7,729
Financing right of use asset 65 88
Intangible assets, net 3,877 3,999
Other assets, net 2,493 982
TOTAL ASSETS 462,524 480,805
Current liabilities    
Current portion of notes payable and long-term debt 41,254 38,265
Accounts payable 28,333 29,482
Bank acceptance payable 6,481 15,860
Current lease liability - operating 1,045 1,012
Current lease liability - financing 18 18
Accrued liabilities 16,204 18,511
Total current liabilities 93,335 103,148
Notes payable and long-term debt, less current portion 19,271 13,904
Convertible senior notes 78,472 77,854
Non-current lease liability - operating 7,410 7,926
Non-current lease liability - financing 68 82
TOTAL LIABILITIES 198,556 202,914
Stockholders' equity:    
Preferred Stock; 5,000 shares authorized at $0.001 par value; no shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively 0 0
Common Stock; 45,000 shares authorized at $0.001 par value; 27,175 and 25,110 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively 27 25
Additional paid-in capital 378,207 354,685
Accumulated other comprehensive income 13,865 11,690
Accumulated deficit (128,131) (88,509)
TOTAL STOCKHOLDERS' EQUITY 263,968 277,891
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 462,524 $ 480,805