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Interim Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:        
Net (loss) income for the period $ (6,602) $ 596 $ (7,263) $ 3,641
Adjustments:        
Depreciation and amortization 1,547 1,521 3,027 3,055
Impairment charge on Rock Hill Facility 0 0 0 530
Stock-based compensation 594 427 1,333 1,102
Foreign exchange loss (gain) 1,809 (493) 2,065 (1,471)
Gain on extinguishment of convertible debt (7) 0 (14) (2,931)
Accretion of convertible debentures 91 205 175 385
Loss on disposal 0 290 115 290
Changes in operating assets and liabilities:        
Trade and accrued receivables (632) (1,955) 2,661 (1,989)
Other receivables (420) (146) (667) (149)
Inventory (727) 634 (76) 1,231
Prepaid and other assets, current and long term (582) (1,111) (565) 326
Accounts payable and accrued liabilities 1,263 1,487 (431) (2,585)
Customer deposits and deferred revenue (286) (168) (657) (2,370)
Current portion of long-term debt and accrued interest 7 59 (3) (93)
Lease liabilities 23 297 62 628
Net cash flows (used in) provided by operating activities (3,922) 1,643 (238) (400)
Cash flows from investing activities:        
Purchase of property, plant and equipment, net of accounts payable changes (503) (319) (801) (663)
Capitalized software development expenditures (451) (482) (930) (924)
Other asset expenditures (85) (53) (91) (132)
Recovery of software development expenditures 60 0 114 121
Proceeds on sale of property, plant, and equipment 0 10 0 10
Proceeds on sale of assets held for sale 0 0 0 1,025
Net cash flows (used in) investing activities (979) (844) (1,708) (563)
Cash flows from financing activities:        
Common share repurchases (488) 0 (3,993) 0
Repayment of long-term debt (94) (19) (190) (5,093)
Net proceeds received from rights offering 0 0 0 21,273
Employee tax payments on vesting of RSUs (60) (131) (60) (207)
Net cash flows (used in) provided by financing activities (642) (150) (4,243) 15,973
Effect of foreign exchange on cash, cash equivalents and restricted cash 200 (109) 1 (339)
Net (decrease) increase in cash, cash equivalents and restricted cash (5,343) 540 (6,188) 14,671
Cash, cash equivalents and restricted cash, beginning of period 28,686 39,230 29,531 25,099
Cash, cash equivalents and restricted cash, end of period 23,343 39,770 23,343 39,770
Supplemental disclosure of cash flow information:        
Interest paid (351) (673) (709) (1,678)
Income taxes paid $ 1 $ (411) $ (4) $ (411)