XML 16 R6.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities    
Net income (loss) $ 4,345 $ (334)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 19,439 19,142
Accretion of contract rights under development agreements and placement fees 1,576 1,545
Amortization of deferred loan costs and discount 597 628
Write-off of deferred loan costs and discount 742 0
Stock-based compensation expense 2,106 2,544
Provision for bad debts 137 10
(Gain) loss on disposition of long-lived assets (44) 83
Impairment of assets 20 121
Benefit (expense) from deferred income tax 270 591
Changes in assets and liabilities related to operations:    
Accounts receivable (2,357) (4,393)
Inventories 1,025 (1,880)
Prepaid expenses (1,230) (2,286)
Deposits and other 592 (467)
Other assets, non-current 784 1,763
Accounts payable and accrued liabilities (1,677) (12,900)
Net cash provided by operating activities 26,325 4,167
Cash flows from investing activities    
Proceeds from payments on customer notes receivable 0 598
Software development and other expenditures (5,852) (4,973)
Proceeds from disposition of assets 12 11
Purchases of property and equipment (9,432) (8,739)
Net cash (used in) investing activities (15,272) (13,103)
Cash flows from financing activities    
Payment of financed placement fee obligations (1,441) (1,356)
Proceeds from stock option exercise 50 0
Payment of deferred loan costs (5) 0
Payment of previous acquisition obligation 0 (55)
Payment on finance leases and other obligations (2,177) (504)
Repurchase of stock (1,655) (27)
Net cash (used in) financing activities (21,666) (3,380)
Effect of exchange rates on cash, cash equivalents and restricted cash 15 (7)
Net decrease in cash, cash equivalents and restricted cash (10,598) (12,323)
Cash, cash equivalents and restricted cash, beginning of period 51,180 37,911
Cash, cash equivalents and restricted cash, end of period 40,582 25,588
Non-cash investing and financing activities:    
Leased assets obtained in exchange for new operating lease liabilities 0 882
Leased assets obtained in exchange for new finance lease liabilities 84 25
Property and equipment obtained in exchange for new other long-term liability 392 0
First Lien Credit Facilities [Member]    
Cash flows from financing activities    
Repayment of long-term debt $ (16,438) $ (1,438)