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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net loss $ (2,048) $ (3,666)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,192 2,118
Amortization of marketable securities premium   7
Stock-based compensation 809 915
(Gain) Loss on disposal of equipment   5
Equity in income of unconsolidated joint ventures (890) (1,034)
Deferred tax assets 40 (10)
Changes in operating assets and liabilities:    
Accounts receivable (6,076) 7,982
Inventories (720) (1,466)
Prepaid expenses and other current assets (375) 1,965
Other assets 65 (1,055)
Accounts payable 815 (3,351)
Accrued liabilities (558) (1,568)
Other long-term liabilities (2,060) (2,376)
Net cash used in operating activities (8,806) (1,534)
Cash flows from investing activities:    
Purchases of property, plant and equipment (4,392) (3,616)
Proceeds from sales and maturities of available-for-sale debt securities 480 2,903
Net cash used in investing activities (3,912) (713)
Cash flows from financing activities:    
Proceeds from common stock options exercised 20 8
Proceeds from short-term bank loans 12,858 18,372
Payments on short-term bank loans (16,541) (12,810)
Proceeds from capital increase in subsidiary shares from noncontrolling interests   203
Proceeds from long-term loan 5,831  
Payments on long-term loan (168)  
Net cash provided by financing activities 2,000 5,773
Effect of exchange rate changes on cash and restricted cash 204 19
Net increase (decrease) in cash and restricted cash (10,514) 3,545
Cash and restricted cash at the beginning of the year 50,114 41,348
Cash and restricted cash at the end of the period 39,600 44,893
Supplemental disclosure of non-cash flow information:    
Notes receivables paid to purchase fixed assets 1,377  
Investment in subsidiary shares from noncontrolling interest   $ 72
Consideration payable in connection with construction in progress, included in accrued liabilities $ 21