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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 21,089 $ 8,693
Restricted cash 1,487 1,470
Inventories 55,684 54,384
Prepaid expenses 5,277 6,273
Other current assets 1,359 679
Total current assets 107,327 91,043
Property and equipment, net 5,931 8,328
Intangible assets, net 582,863 639,165
Goodwill 334,620 334,620
Right-of-use asset, net 11,589 16,384
Other non-current assets 380 535
TOTAL ASSETS 1,042,710 1,090,075
CURRENT LIABILITIES:    
Current portion of lease liabilities 2,400 2,041
Current portion of long-term debt 8,529 20,095
Other current liabilities (including related party liability of $5,856 and $9,914 as of December 31, 2023 (Successor Period) and December 31, 2022 (Successor Period), respectively) 23,698 26,123
Total current liabilities 62,714 72,505
Long-term debt, net 151,264 159,229
Derivative warrant liabilities 28,647 18,311
Long-term lease liabilities 15,531 17,882
Deferred income tax liabilities 15,229 22,250
Other non-current liabilities 52 0
TOTAL LIABILITIES 273,437 290,177
COMMITMENTS AND CONTINGENCIES (NOTE 17)
SHAREHOLDERS’ EQUITY:    
Additional paid-in capital 871,527 796,038
Retained earnings (246,761) (156,780)
Accumulated other comprehensive income (loss) (151) (29)
TOTAL CONTROLLING SHAREHOLDERS’ EQUITY 624,626 639,239
Noncontrolling interest 144,647 160,659
TOTAL SHAREHOLDERS' EQUITY 769,273 799,898
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 1,042,710 1,090,075
Nonrelated Party    
CURRENT ASSETS:    
Accounts receivable, net 21,330 19,259
CURRENT LIABILITIES:    
Accounts payable 28,069 23,873
Related Party    
CURRENT ASSETS:    
Accounts receivable, net 1,101 285
CURRENT LIABILITIES:    
Accounts payable 18 373
Other current liabilities (including related party liability of $5,856 and $9,914 as of December 31, 2023 (Successor Period) and December 31, 2022 (Successor Period), respectively) 5,856 9,914
Class A Ordinary Shares    
SHAREHOLDERS’ EQUITY:    
Common shares 9 8
Class B Ordinary Shares    
SHAREHOLDERS’ EQUITY:    
Common shares $ 2 $ 2