XML 27 R17.htm IDEA: XBRL DOCUMENT v3.23.2
Cash, Cash Equivalents and Restricted Cash
6 Months Ended
Jun. 30, 2023
Cash and Cash Equivalents [Abstract]  
Cash, Cash Equivalents and Restricted Cash

10. Cash, Cash Equivalents and Restricted Cash

(in thousands):

 

 

June 30, 2023

 

December 31, 2022

 

Cash and cash equivalents

 

$

3,401

 

$

6,100

 

Restricted Cash - current

 

 

-

 

 

750

 

Restricted Cash - non-current

 

 

750

 

 

750

 

Total cash, cash equivalents and restricted cash

 

$

4,151

 

$

7,600

 

 

Restricted cash, which is reported within other long term assets in the condensed consolidated balance sheets consists of the contingent payment held in escrow related to the acquisition of Safety Made. During the three months ended June 30, 2023, the Company paid $750,000 related to the contingent liability associated with Safety Made acquisition.