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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 27,454 $ 5,946
Restricted cash 206 206
Accounts receivable, net of allowance for doubtful accounts of $2,749 and $2,399, as of March 31, 2021 and December 31, 2020, respectively 9,891 11,257
Inventories 20,936 23,396
Prepaid expenses and other receivables 2,678 3,486
Total current assets 61,165 44,291
Property, plant and equipment, net 15,949 16,131
Intangible assets, net 19,473 22,964
Goodwill 508 501
Other assets 3,683 3,901
Total assets 100,778 87,788
Current liabilities:    
Accounts payable 4,734 7,972
Accrued expenses 8,763 14,713
Capital lease obligation, current 435 436
Total current liabilities 13,932 23,121
Revolver, net of debt issuance costs (face of $25,000 and $25,000 as of March 31, 2021 and December 31, 2020, respectively) 25,000 25,000
2023 Term Loans, net of debt issuance costs (face of $83,515 and $102,905 as of March 31, 2021 and December 31, 2020, respectively ) 88,870 99,490
Derivative liabilities 0 7,507
Deferred tax liability 192 190
Other long term liabilities 4,807 4,914
Total liabilities 133,098 197,940
Commitments and Contingencies
Mezzanine equity:    
Redeemable, convertible preferred stock, Series D preferred stock, $0.01 par value, 1,000,000 shares authorized; 85.412 shares issued and outstanding as of March 31, 2021 15,374 0
Stockholders’ deficit:    
Common stock, $0.01 par value, 100,000,000 shares authorized; 89,428,513 and 21,754,223 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively 1,198 220
Additional paid-in capital 195,297 135,218
Accumulated deficit (241,343) (243,496)
Accumulated other comprehensive loss (2,846) (2,094)
Total stockholders’ deficit (47,694) (110,152)
Total liabilities, mezzanine equity and stockholders' deficit 100,778 87,788
2023 Series D Convertible Notes    
Current liabilities:    
Senior Convertible Notes 0 31,922
2023 Series D Convertible Notes    
Current liabilities:    
Senior Convertible Notes $ 297 $ 5,796