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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (16,496) $ (18,697)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 3,940 5,466
Change in fair value of financial instruments (100) (613)
Allowance for credit losses (2) 515
Inventory provision 1,857 178
Share-based compensation 2,022 2,549
Loss on disposal of assets 150 93
Cultivation settlement reduction (582) 0
Changes in right-of-use assets 1,236 1,309
Changes in operating assets and liabilities:    
Accounts receivable, net 2,430 601
Inventories, net (2,411) (315)
Prepaid expenses and other current assets 3,706 589
Operating lease obligations (896) (1,288)
Accounts payable, accrued and other liabilities (2,194) (1,825)
Income taxes receivable 3,185 540
Cultivation liabilities (323) (5,243)
Other operating assets and liabilities, net 194 (26)
Net cash used in operating activities (4,284) (16,167)
Cash flows from investing activities:    
Purchases of property and equipment and intangible assets (333) (3,268)
Proceeds from sale of assets 0 9
Issuance of notes receivable, net of collections 0 363
Investment in Stanley Brothers USA Holdings purchase option 0 (8,000)
Other investing activities 0 507
Net cash used in investing activities (333) (10,389)
Cash flows from financing activities:    
Proceeds from sale of public offering, net of issuance costs 0 978
Proceeds from stock option exercises 0 30
Other financing activities (60) (159)
Net cash (used) provided in financing activities (60) 849
Net decrease in cash and cash equivalents (4,677) (25,707)
Cash and cash equivalents —beginning of period 19,494 52,803
Cash and cash equivalents —end of period 14,817 27,096
Non-cash activities:    
Non-cash purchases of property and equipment $ 0 $ (2,364)