v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 23,105 $ 24,192
Accounts receivable, net 24,933 8,107
Inventory 92,455 95,750
Prepaid income taxes 57 0
Prepaid expenses and other current assets 14,625 16,720
Total current assets 155,175 144,769
Property and equipment, net 36,109 31,262
Operating lease right-of-use assets 77,111 65,382
Intangible assets, net 47,938 52,354
Goodwill 92,222 89,254
Deferred tax assets 51 47
Other assets 2,217 2,136
Total assets 410,823 385,204
Current liabilities:    
Accounts payable 43,561 30,299
Accrued liabilities 33,158 31,216
Sales returns reserve 9,759 7,587
Deferred revenue 12,865 12,215
Income taxes payable 0 1,039
Operating lease liabilities, current 10,124 8,382
Current portion of long-term debt 7,700 6,300
Total current liabilities 117,167 97,038
Long-term debt 101,007 105,411
Operating lease liabilities 76,539 63,496
Other long-term liabilities 1,970 1,625
Total liabilities 296,683 267,570
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 50,000,000 shares authorized; zero shares issued or outstanding as of each of June 30, 2025 and December 31, 2024 0 0
Common stock, $0.001 par value; 500,000,000 shares authorized; 10,752,477 and 10,669,649 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 128 128
Additional paid-in capital 475,042 471,758
Accumulated other comprehensive loss (55,652) (60,849)
Accumulated deficit (305,378) (293,403)
Total stockholders’ equity 114,140 117,634
Total liabilities and stockholders’ equity $ 410,823 $ 385,204