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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash Flows From Operating Activities:    
Net loss $ (4,292) $ (37,613)
Adjustments to reconcile net loss to net cash used in operating activities:    
Income from discontinued operations, net of tax (747)
Depreciation 73 632
Amortization 64 371
Impairment 896 15,775
Non-cash rent expense 900 241
Bad debt expense 51
(Gain) loss on sales (ID, DWXC, SKS) [1] (454) 2,604
Loss on lease abandonment 11,329
Gain on the sale of assets (8,441)
Share-based compensation 184 945
Amortization of debt discounts 7 1,289
Default interest charge 376
Loss on extinguishment of debt 618
Loss on inducement of debt conversions 1,946
Changes in operating assets and liabilities:    
Accounts receivable, net 793 (702)
Inventory, net 159 3,056
Prepaid expenses 126 (378)
Other assets 156 316
Note receivable (2,000)
Accounts payable 324 94
Accrued interest 836 173
Accrued liabilities 382 382
Contract liabilities (1,861) 1,281
Operating lease liabilities (903) (1,386)
Related party notes (206)
Other current liabilities 589 856
Total Adjustments 4,217 26,529
Net Cash Used In Operating Activities (75) (11,084)
Cash Flows From Investing Activities:    
Proceeds from sale of SKS [1] 436
Proceeds from building sale, net of transaction costs 15,102
Purchases of property and equipment (167)
Net Cash Provided By Investing Activities 436 14,935
Cash Flows From Financing Activities:    
Proceeds from issuance of related party note 100
Proceeds from issuance of debt 170 500
Preferred stock dividend (246)
Debt issuance costs 31
Repayment of debt (7,580)
Net Cash Provided By (Used In) Financing Activities 170 (7,195)
Cash Flows Provided by Discontinued Operations 1,632
Net Increase (Decrease) In Cash 531 (1,712)
Cash - Beginning of Period 1,868 1,873
Cash - End of Period 2,399 161
Cash paid during the period for:    
Interest 76 107
Non-cash investing and financing activities:    
Issuance of common stock for debt placement agent 28 81
Accrual of preferred dividends not paid yet 370 62
Reclassification of assets and liabilities held for sale 543
Conversion of interest and penalty fees into debt 100
Issuance of common stock for conversions of debt and interest 3,547 3,306
Recognition of operating lease right-of-use asset and liability 25 10,052
Prepaid deposits transferred to inventory $ 2,445
[1] Innovation Digital (“ID”) and DragonWave-X Canada (“DWXC”) were sold in 2022. Sky Sapience (“SKS”) was sold in 2023 and the proceeds shown are net of cash sold of $35,000.