![GRAPHIC](https://capedge.com/proxy/8-K/0001558370-23-003877/cdre-20230315xex99d2g018.jpg)
| 18 BALANCE SHEET UNAUDITED (IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) December 31, 2022 December 31, 2021 Assets Current assets Cash and cash equivalents $ 45,286 $ 33,857 Accounts receivable, net 64,557 48,344 Inventories 70,273 63,978 Prepaid expenses 10,091 10,353 Other current assets 6,811 3,171 Assets held for sale — 278 Total current assets 197,018 159,981 Property and equipment, net 45,285 33,053 Operating lease assets 8,489 — Deferred tax assets, net 2,255 7,059 Intangible assets, net 50,695 42,415 Goodwill 81,576 66,262 Other assets 6,634 3,026 Total assets $ 391,952 $ 311,796 Liabilities, Mezzanine Equity and Shareholders' Equity Current liabilities Accounts payable $ 23,406 $ 19,328 Accrued liabilities 38,720 40,736 Income tax payable 4,584 1,255 Liabilities held for sale — 128 Current portion of long-term debt 12,211 13,174 Total current liabilities 78,921 74,621 Long-term debt 137,476 146,516 Long-term operating lease liabilities 4,965 — Deferred tax liabilities 3,508 1,297 Other liabilities 1,192 722 Total liabilities 226,062 223,156 Mezzanine equity Preferred stock ($0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of December 31, 2022 and December 31, 2021) — — Shareholders' equity Common stock ($0.0001 par value, 190,000,000 shares authorized, 37,332,271 and 34,383,350 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively) 4 3 Additional paid-in capital 206,540 127,606 Accumulated other comprehensive income (loss) 2,087 (1,917) Accumulated deficit (42,741) (37,052) Total shareholders’ equity 165,890 88,640 Total liabilities, mezzanine equity and shareholders' equity $ 391,952 $ 311,796 |