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| 16 BALANCE SHEET UNAUDITED (IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) June 30, 2024 December 31, 2023 Assets Current assets Cash and cash equivalents $ 105,903 $ 87,691 Accounts receivable, net of allowance for doubtful accounts of $1,349 and $635, respectively 72,685 58,360 Inventories 95,637 80,976 Prepaid expenses 9,751 11,930 Other current assets 11,014 6,886 Total current assets 294,990 245,843 Property and equipment, net of accumulated depreciation and amortization of $51,186 and $50,968, respectively 46,718 44,647 Operating lease assets 9,624 6,554 Deferred tax assets, net 3,835 4,004 Intangible assets, net 112,229 43,472 Goodwill 148,141 81,667 Other assets 5,095 4,992 Total assets $ 620,632 $ 431,179 Liabilities, Mezzanine Equity and Shareholders' Equity Current liabilities Accounts payable $ 31,489 $ 28,418 Accrued liabilities 46,645 44,524 Income tax payable 1,788 9,944 Current portion of long-term debt 13,128 12,320 Total current liabilities 93,050 95,206 Long-term debt 198,233 127,812 Long-term operating lease liabilities 6,062 3,186 Deferred tax liabilities 18,852 4,843 Other liabilities 5,055 2,970 Total liabilities 321,252 234,017 Mezzanine equity Preferred stock ($0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of June 30, 2024 and December 31, 2023) — — Shareholders' equity Common stock ($0.0001 par value, 190,000,000 shares authorized, 40,607,988 and 37,587,436 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively) 4 4 Additional paid-in capital 302,603 212,630 Accumulated other comprehensive income 226 634 Accumulated deficit (3,453) (16,106) Total shareholders’ equity 299,380 197,162 Total liabilities, mezzanine equity and shareholders' equity $ 620,632 $ 431,179 |