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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ (1,873) $ 4,593
Adjustments to reconcile net income (loss) to cash used for operating activities:    
Depreciation and amortization 3,917 2,253
Gain on Paycheck Protection Program loan forgiveness   (3,747)
Changes in allowances for doubtful accounts (16) 128
Changes in inventory reserves (1,308) (1,018)
Deferred income taxes (1,085) (13)
Amortization of deferred debt issuance costs 88 77
Amortization of debt discount 46 76
Gain on forward currency contract (160) (333)
Share-based compensation 960 577
Adjustment to deferred gain on sales and lease back (40) (40)
Gain on disposal of assets (713)  
Changes in operating assets and liabilities:    
Increase in accounts receivable (11,480) (6,368)
(Increase) decrease in other receivables (716) 90
Increase in inventory (11,292) (4,302)
Decrease (increase) in prepaid expenses 17 (986)
Increase in other assets (87) (36)
Increase in accounts payables and related party payables 16,765 11,970
Increase in accrued expenses 2,374 2,140
(Decrease) increase in other current liabilities (2,903) 737
Decrease in other long-term liabilities (330) (592)
Net cash (used in) provided by operating activities (7,836) 5,206
Cash flows from investing activities:    
Payments for acquisition, net of cash acquired (38,366)  
Proceeds from the sale of fixed assets 1,773  
Purchase of property and equipment (9,807) (561)
Investment in intangible assets (64)  
Net cash used in investing activities (46,464) (561)
Cash flows from financing activities:    
Borrowings on revolving term credit facility 46,700  
Payments on revolving term credit facility (12,800)  
Borrowings on term debt 15,000  
Net borrowings on working capital facilities 3,364 (3,664)
New borrowings—other 903 748
Debt issuance costs incurred (125)  
Note payments (785) (662)
Shares repurchased for income tax withholding on share-based compensation (228) (48)
Payments on capital lease obligations (191) (171)
Net cash provided by (used in) financing activities 51,838 (3,797)
Net (decrease) increase in cash and cash equivalents (2,462) 848
Effect of exchange rate changes on cash (2,324) (843)
Cash, cash equivalents and restricted cash at the beginning of the year 21,581 17,401
Cash, cash equivalents and restricted cash at end of period $ 16,795 $ 17,406