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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating activities    
Net loss $ (36,058) $ (29,714)
Adjustments to reconcile net loss to net cash from operating activities:    
Depreciation, depletion and amortization 15,661 16,257
Provision for inventory obsolescence 786 964
Restructuring expenses 314 744
Stock-based compensation expense 1,625 2,999
Non-cash operating lease expense 4,375 5,407
Non-cash loss from asset disposition 11,103 0
Other 323 753
Changes in assets and liabilities:    
Accounts receivable (1,986) (897)
Inventories 8,608 15,437
Prepaid expenses and other current assets 1,781 (406)
Other assets (234) (188)
Accounts payable 739 (1,209)
Accrued expenses and other current liabilities 263 (3,261)
Deferred revenue (496) (1,323)
Lease liabilities (5,315) (4,548)
Other long-term liabilities (2) (54)
Net cash from operating activities 1,487 961
Investing activities    
Capital expenditures of property, plant and equipment (1,810) (3,306)
Cash proceeds from Asset Sale for property, plant and equipment 3,700 0
Other 390 43
Net cash from (used in) investing activities 2,280 (3,263)
Financing activities    
Proceeds from Sale-Leaseback Transaction 0 8,598
Borrowings under foreign revolving credit facilities 251 483
Repayments of foreign revolving credit facilities (296) (351)
Repayments of Term Loan (2,282) (625)
Payment of withholding tax related to stock awards (98) (148)
Finance lease principal payments (1,151) (510)
Net cash (used in) from financing activities (3,576) 7,447
Effect of exchange rate changes on cash and cash equivalents (189) 246
Net increase in cash and cash equivalents 2 5,391
Cash and cash equivalents at beginning of period 30,312 21,291
Cash and cash equivalents at end of period 30,314 26,682
Non-cash investing and financing activities    
Right-of-use assets relinquished under operating lease obligations, net (1,924) (748)
Assets acquired under finance lease obligations 0 185
Capital expenditures included in accounts payable and accrued liabilities 719 517
Supplemental information    
Cash paid for interest 8,560 6,884
Cash paid for income taxes $ 68 $ 659