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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities      
Net income (loss) $ (122,657) $ (23,841) $ (33,242)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 22,219 12,561 4,101
Amortization of operating lease assets 1,359 872 194
Non-cash interest expense 42,691 5,319 1,522
Equity-based compensation expense 23,093 680 311
Equity issued in litigation settlement 27,431 0 0
Deferred income taxes (3,636) (1,286) (1,109)
Loss on sale of assets 605 286 0
Changes in operating assets and liabilities, net of effects of acquisitions      
Accounts receivable (1,345) (6,007) (220)
Inventory (36,500) (11,744) (15,789)
Other current assets (14,390) (2,784) (3,664)
Other noncurrent assets (6,831) (5,078) (1,739)
Accounts payable and accrued liabilities 6,729 1,937 5,863
Other current liabilities 771 3,719 609
Lease liabilities 814 2,862 459
Income taxes payable 17,909 16,500 1,775
Net cash used in operating activities (41,738) (6,004) (40,929)
Cash flows from investing activities      
Additions to capital assets (88,428) (26,419) (41,670)
Investments in notes receivable (2,976) (5,559) (9,200)
Collection of notes receivable 327 527 0
Proceeds from sale of assets 930 26,750 13,750
Acquisition of businesses, net of cash acquired (23,086) (26,044) (8,731)
Purchases of intangible assets 0 (127) (19,700)
Net cash used in investing activities (113,233) (30,872) (65,551)
Cash flows from financing activities      
Proceeds from issuance of common stock in public offerings, net of underwriting discounts and commissions and offering expenses 86,065 0 0
Proceeds from issuance of debt 259,500 101,886 64,742
Repayments of debt (79,267) (19,591) (6,018)
Repurchase of warrants (4,156) 0 0
Proceeds from private placement 0 0 38,481
Proceeds from finance leases 0 3,750 14,000
Repayments under finance leases 0 (478) (143)
Debt issuance costs (8,775) (3,399) 0
Taxes withheld under equity-based compensation plans, net (1,012) 0 0
Net cash provided by financing activities 252,355 82,168 111,062
Net increase in cash, cash equivalents, and restricted cash 97,384 45,292 4,582
Cash, cash equivalents, and restricted cash at beginning of period 58,097 12,805 8,223
Cash, cash equivalents, and restricted cash at end of period 155,481 58,097 12,805
Supplemental Cash Flow Information      
Interest paid 20,538 6,204 3,229
Income taxes paid 28,055 2,417 0
Non-cash investing and financing activities      
Capital expenditures incurred but not yet paid 15,682 11,572 3,435
Conversion of preferred units into Class A common stock upon initial public offering 70,660 0 0
Beneficial conversion feature associated with conversion of preferred units upon initial public offering 27,361 0 0
Issuance of shares in business acquisitions 3,652 2,319 0
Issuance of shares for intangible assets 0 481 263
Issuance of shares in purchase of non-controlling interests 0 1,018 0
Warrants issued with notes payable 0 280 0
Issuance of non-controlling interests in acquisition 0 0 2,393
Conversion of convertible notes and accrued interest upon initial public offering      
Non-cash investing and financing activities      
Debt instrument covered to share amount 137,755 0 0
Shares issued for share-settled debt      
Non-cash investing and financing activities      
Debt instrument covered to share amount $ 3,750 $ 0 $ 0