v3.25.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 25,372 $ 25,880
Accounts receivable—trade, net 34,216 31,513
Inventories, net 43,510 40,971
Prepaid expenses and other current assets 2,707 2,063
Other current receivables 5,165 5,143
Total current assets 110,970 105,570
Noncurrent assets    
Property and equipment, net 20,470 21,283
Goodwill 15,222 15,222
Identifiable intangibles, net 3,356 3,690
Operating lease assets 5,468 5,911
Deposits and other assets 622 712
Deferred income taxes, net 1,869 424
Total noncurrent assets 47,007 47,242
Total assets 157,977 152,812
Current liabilities    
Accounts payable—trade 9,997 8,970
Accrued expenses 6,803 8,351
Income taxes payable 790 683
Operating lease liabilities 1,685 1,602
Current maturities of long-term debt 2,200 2,141
Other current liabilities 2,331 3,672
Total current liabilities 23,806 25,419
Noncurrent liabilities    
Long-term debt, less current maturities 5,462 6,001
Operating lease liabilities, long-term 4,338 4,891
Other long-term liabilities 206 206
Deferred income taxes, net 186 186
Total noncurrent liabilities 10,192 11,284
Total liabilities 33,998 36,703
Commitments and contingencies (Note 10)
Stockholders’ equity    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued and outstanding at June 30, 2025 and December 31, 2024 0 0
Common stock, $0.01 par value, 11,250,000 shares authorized, 2,607,362 shares issued and 2,540,849 shares outstanding at June 30, 2025 and 2,563,979 shares issued and 2,507,430 shares outstanding at December 31, 2024 26 26
Additional paid-in capital 448,582 447,384
Accumulated other comprehensive loss (85,916) (87,604)
Retained deficit (254,044) (259,024)
Treasury stock, at cost, 66,513 shares at June 30, 2025 and 56,549 shares at December 31, 2024 (2,211) (1,943)
Total stockholders' equity 106,437 98,839
Non-controlling interest 17,542 17,270
Total equity 123,979 116,109
Total liabilities and stockholders' equity $ 157,977 $ 152,812