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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ 3,416 $ (48,654)
Income (loss) from discontinued operations, net of income tax 3,319 6,015
Loss on sale of discontinued operations 2,803 0
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 3,179 3,891
Impairment of long-lived assets 0 499
Bargain purchase gain (41,544) 0
Amortization of deferred financing costs 809 175
Stock-based compensation 4,460 7,770
Provision for inventory write-down, net of recoveries (4,018) 3,262
Provision for credit losses, net of recoveries (333) 530
Provision for sales returns, net of recoveries 5,696 839
Provision for warranty expense, net of recoveries (423) 21
Unrealized loss (gain) on foreign currency transactions 557 189
Loss on disposal of property, plant and equipment 0 54
Changes in operating assets and liabilities, excluding effects of acquisition:    
Accounts receivable 6,788 23,095
Other receivable 293 748
Inventories 3,859 (9,717)
Contract assets 40 (14)
Prepaid expenses and other assets 2,107 (802)
Accounts payable 2,027 (7,434)
Contract liabilities (1,702) (6,980)
Accrued and other liabilities (17,967) (2,930)
Net cash used in operating activities from continuing operations (26,634) (29,443)
Net cash used in operating activities from discontinued operations (9,807) (6,524)
Net cash used in operating activities (36,441) (35,967)
Cash flows from investing activities:    
Proceeds from disposal of property, plant and equipment and other assets 0 1,829
Purchases of property, plant and equipment (245) (798)
Acquisition of business, net of cash acquired (7,326) 0
Net cash used in investing activities from continuing operations (7,571) 1,031
Sale of discontinued operations, net of cash transferred (35) 0
Net cash used in investing activities from discontinued operations (99) (398)
Net cash provided by (used in) investing activities (7,705) 633
Cash flows from financing activities:    
Proceeds from private placement of shares 9,925 0
Proceeds from long-term borrowings 15,000 0
Repayments of long-term borrowings 0 (625)
Proceeds from short-term borrowings and line of credit, net 0 7,000
Payments for debt issue costs (847) (197)
Payments of contingent consideration 0 (347)
Proceeds from exercise of stock awards and employee stock plan purchases 52 654
Net cash provided by financing activities from continuing operations 24,130 6,485
Net cash provided by (used in) financing activities from discontinued operations 7,997 2,198
Net cash provided by financing activities 32,127 8,683
Effect of exchange rate changes on cash, cash equivalents and restricted cash (753) (1,089)
Net change in cash, cash equivalents and restricted cash (12,772) (27,740)
Cash, cash equivalents and restricted cash at beginning of period 20,909 38,464
Cash, cash equivalents and restricted cash at end of period 8,137 10,724
Reconciliation of cash, cash equivalents and restricted cash to statement of financial position    
Cash and cash equivalents 6,869 7,214
Restricted cash 1,268 66
Cash, cash equivalents and restricted cash held for sale 0 3,444
Cash, cash equivalents and restricted cash 8,137 10,724
Cash paid during the period for:    
Interest - bank and trade facilities 828 1,402
Interest - related party 0 0
Income taxes 32 153
Interest - bank and trade facilities 187 0
Interest - related party 0 121
Income taxes $ 32 $ 487