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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net loss $ (24,084) $ (19,474)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 5,762 8,228
Asset impairment 1,822 0
Change in fair value of financial instruments 3,900 (9,082)
Allowance for credit losses (89) 590
Inventory provision 1,857 178
Share-based compensation 2,686 4,128
(Gain)/Loss on disposal of assets (97) 267
Cultivation settlement reduction (582) 0
Changes in right-of-use assets 1,877 0
Changes in operating assets and liabilities:    
Accounts receivable, net 2,928 (226)
Inventories, net 112 (876)
Prepaid expenses and other current assets 3,086 112
Operating lease obligations (1,665) (81)
Accounts payable, accrued and other liabilities (4,238) (439)
Income taxes receivable 10,764 523
Cultivation liabilities (2,471) (7,166)
Other operating assets and liabilities, net (4,167) (6)
Net cash used in operating activities (2,599) (23,324)
Cash flows from investing activities:    
Purchases of property and equipment and intangible assets (411) (4,088)
Proceeds from sale of assets 354 9
Issuance of notes receivable, net of collections 0 468
Investment in Stanley Brothers USA Holdings purchase option 0 (8,000)
Other investing activities 0 521
Net cash used in investing activities (57) (11,090)
Cash flows from financing activities:    
Proceeds from sale of public offering, net of issuance costs (61) 2,896
Proceeds from stock option exercises 0 30
Other financing activities (264) (246)
Net cash (used) provided in financing activities (325) 2,680
Net decrease in cash and cash equivalents (2,981) (31,734)
Cash and cash equivalents —beginning of period 19,494 52,803
Cash and cash equivalents —end of period 16,513 21,069
Non-cash activities:    
Non-cash purchases of property and equipment $ 0 $ (2,490)