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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net (loss) income $ (28,059) $ 13,901
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Depreciation 4,739 4,760
Amortization of deferred financing costs 44 51
Provision for deferred income taxes 28 626
Change in fair value of derivative instruments (281) 1,696
Stock based compensation 462 22
Gain on disposal of property and equipment (34) 0
Noncash interest expense 18 18
Changes in operating assets and liabilities:    
Accounts receivable 10,950 (4,980)
Accounts receivable – related parties 0 (7)
Inventory 11,023 3,802
Income tax receivable 3 (20)
Prepaid expenses 1,882 2,156
Prepaid expenses – related parties (12) 0
Other assets (2,941) 215
Accounts payable (2,367) (11,649)
Accounts payable - related parties (96) 0
Accrued expenses and other current liabilities 3,786 6,710
Deferred revenue (96) (1,713)
Other noncurrent liabilities 768 0
Net cash (used in) provided by operating activities (183) 15,588
Cash flows from investing activities    
Collateralization of derivative instruments 859 (42)
Proceeds from the sale of property and equipment 34 0
Capital expenditures (9,478) (5,270)
Net cash used in investing activities (8,585) (5,312)
Cash flows from financing activities    
Payment of dividends (5,256) (114,660)
Deferred financing costs (365) 0
Net cash used in financing activities (5,621) (114,660)
Net change in cash and cash equivalents (14,389) (104,384)
Cash and cash equivalents at beginning of period 109,541 219,444
Cash and cash equivalents at end of period 95,152 115,060
Cash paid for income taxes 10 0
Noncash investing and financing activities:    
Noncash capital expenditures $ 1,333 $ 1,182