Summary of Balance Sheet Components |
Details of certain balance sheet items are presented below (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
September 30, 2022 |
|
December 31, 2021 |
Inventory: |
|
|
|
Raw materials and manufacturing supplies |
$ |
52,013 |
|
|
$ |
34,008 |
|
Work in process |
204 |
|
|
213 |
|
Finished goods |
68,250 |
|
|
75,866 |
|
Total inventory |
$ |
120,467 |
|
|
$ |
110,087 |
|
|
|
|
|
Prepaid Expenses and Other Current Assets: |
|
|
|
Advance to vendors |
$ |
22 |
|
|
$ |
2,984 |
|
Prepaid insurance |
1,099 |
|
|
8,441 |
|
Prepaid value-added taxes |
2,518 |
|
|
1,202 |
|
Other |
1,237 |
|
|
1,534 |
|
Total prepaid expenses and other current assets |
$ |
4,876 |
|
|
$ |
14,161 |
|
|
|
|
|
Property, Plant and Equipment: |
|
|
|
Buildings |
$ |
3,836 |
|
|
$ |
4,021 |
|
Leasehold improvements |
2,041 |
|
|
2,301 |
|
Furniture and fixtures |
336 |
|
|
558 |
|
Machinery and equipment |
51,680 |
|
|
50,177 |
|
Vehicles |
4,097 |
|
|
4,579 |
|
Construction in progress |
4,493 |
|
|
1,983 |
|
Total property, plant and equipment, gross |
66,483 |
|
|
63,619 |
|
Less: Accumulated depreciation |
(9,296) |
|
|
(1,372) |
|
Total property, plant and equipment, net |
$ |
57,187 |
|
|
$ |
62,247 |
|
|
|
|
|
Accrued Expenses and Other Current Liabilities: |
|
|
|
Accrued bonus |
$ |
3,161 |
|
|
$ |
7,728 |
|
Accrued salaries |
2,274 |
|
|
900 |
|
Accrued employee benefits |
917 |
|
|
591 |
|
Accrued interest |
16,019 |
|
|
5,341 |
|
Accrued purchases |
6,870 |
|
|
1,930 |
|
Accrued taxes |
91,783 |
|
|
355 |
|
|
|
|
|
Other |
3,405 |
|
|
2,180 |
|
Total accrued expenses and other current liabilities |
$ |
124,429 |
|
|
$ |
19,025 |
|
|
|
|
|
Other Non-Current Liabilities: |
|
|
|
LaderaTech contingent earn-out |
$ |
6,937 |
|
|
$ |
19,979 |
|
Other |
2,014 |
|
|
2,216 |
|
Total other non-current liabilities |
$ |
8,951 |
|
|
$ |
22,195 |
|
|