XML 13 R6.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating activities    
Net loss $ (16,879) $ (4,508)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 6,454 6,610
Paid in kind interest 6,184 5,156
Stock-based compensation 747 833
Provision for losses on accounts receivable 1,110 797
Deferred income taxes 279 118
Change in fair value of Private Warrants 32 (191)
Changes in operating assets and liabilities:    
Accounts receivable (6,326) (7,186)
Prepaid expenses and other assets (2,179) (7,018)
Accounts payable and accrued expenses 2,743 3,318
Deferred revenue (66) (975)
Net cash used in operating activities (7,901) (3,046)
Investing activities    
Purchases of property and equipment (3,011) (2,072)
Net cash used in investing activities (3,011) (2,072)
Financing activities    
Revolving credit facility draws 15,000  
Payments for capital lease obligations   (533)
Payments on long-term debt (750) (750)
Net cash provided by (used in) financing activities 14,250 (1,283)
Effect of foreign exchange rates (328) 117
Net increase (decrease) in cash 3,010 (6,284)
Cash at beginning of period 15,351 32,629
Cash at end of period 18,361 26,345
Supplemental disclosure:    
Cash paid for interest 11,352 10,842
Net income taxes paid 690 263
Significant noncash investing and financing activities    
Purchases of property and equipment in accounts payable and accrued expenses on the condensed consolidated balance sheets $ 276 $ 751