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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities    
Net loss $ (49,204) $ (49,598)
Adjustments to reconcile net loss to net cash from operating activities:    
Depreciation, depletion and amortization 23,325 24,165
Provision for inventory obsolescence 1,013 1,132
Restructuring expenses 516 8,443
Stock-based compensation expense 2,293 4,021
Non-cash operating lease expense 6,311 7,718
Non-cash loss from asset disposition 11,103 0
Other 827 1,089
Changes in assets and liabilities:    
Accounts receivable 819 183
Inventories 8,854 22,566
Prepaid expenses and other current assets 790 1,174
Other assets (113) (164)
Accounts payable (2,258) (542)
Accrued expenses and other current liabilities 147 (4,419)
Deferred revenue (411) (87)
Lease liabilities (7,081) (6,972)
Other long-term liabilities 89 (80)
Net cash (used in) from operating activities (2,980) 8,629
Investing activities    
Capital expenditures of property, plant and equipment (2,622) (4,056)
Cash proceeds from Asset Sale for property, plant and equipment 3,700 0
Other 383 (2)
Net cash from (used in) investing activities 1,461 (4,058)
Financing activities    
Proceeds from Sale-Leaseback Transaction 0 8,598
Borrowings under foreign revolving credit facilities 334 753
Repayments of foreign revolving credit facilities (345) (778)
Repayments of Term Loan (2,890) (938)
Payment of withholding tax related to stock awards (127) (234)
Finance lease principal payments (1,259) (757)
Net cash (used in) from financing activities (4,287) 6,644
Effect of exchange rate changes on cash and cash equivalents (102) (49)
Net (decrease) increase in cash and cash equivalents (5,908) 11,166
Cash and cash equivalents at beginning of period 30,312 21,291
Cash and cash equivalents at end of period 24,404 32,457
Non-cash investing and financing activities    
Right-of-use assets relinquished under operating lease obligations, net (1,924) (768)
Assets acquired under finance lease obligations 0 185
Capital expenditures included in accounts payable and accrued liabilities 55 31
Supplemental information    
Cash paid for interest 12,038 10,519
Cash paid (refunded) for income taxes $ 130 $ (1,039)