XML 18 R7.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating activities:    
Net loss $ (2,994) $ (1,060)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 9,701 0
Amortization of debt issuance costs and discount on convertible debt 5,398 0
Stock-based compensation 410 0
Gain on extinguishment of debt (151) 0
Loss from equity method investment 561 0
Gain on consolidation of equity method investment (640) 0
Gain on fair value of warrant liabilities (1,447) 0
Gain on fair value of convertible derivative (49,885) 0
Loss on disposal of property and equipment 80 0
Deferred income taxes (1,274) 0
Other 350 0
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable (31,428) 0
Inventories (326) 0
Prepaid expenses and other current assets (1,050) 0
Accounts payable and accrued expenses 18,510 1,060
Income taxes payable 886 0
Deferred revenue 4,643 0
Due to related parties 17 0
Other current liabilities 230 0
Net cash used in operating activities (48,409) 0
Investing activities:    
Purchases of property and equipment (1,879) 0
Due to related parties 253 0
Net cash acquired in acquisition of businesses 4,263 0
Net cash acquired in acquisition of businesses 2,637 0
Financing activities:    
Proceeds from merger and recapitalization transaction 83,435 0
Proceeds from convertible debt 164,500 0
Repayments of debt (23,307) 0
Proceeds From Provider Relief Funds 506 0
Payments of debt issuance costs (8,100) 0
Payments of seller notes (99,207)
Payments of capital lease obligations (1,253) 0
Proceeds from stock option exercises 319 0
Distribution to noncontrolling interest (100) 0
Payments of amount due to member (4,271) 0
Net cash provided by financing activities 112,522 0
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (807) 0
Net increase in cash, cash equivalents, and restricted cash 65,943 0
Cash, cash equivalents, and restricted cash, beginning of period 2,369 0
Cash, cash equivalents, and restricted cash, end of period 68,312 0
Supplemental cash flow information:    
Cash paid for interest, net of amounts capitalized 4,640 0
Cash paid for income taxes 0 0
Issuance of common stock for debt conversion 1,879 0
Property and equipment acquired through capital lease and vendor financing arrangements 1,047 0
Reconciliation of cash, cash equivalents, and restricted cash:    
Cash and cash equivalents 67,877 0
Restricted cash 435 0
Total cash, cash equivalents, and restricted cash 68,312 0
TTC    
Issuance of common stock and promissory note to consummate business combination 34,954 0
Glocal    
Issuance of common stock 110,122 0
Innovations Group    
Issuance of common stock and promissory note to consummate business combination 157,878 0
Cloudbreak    
Issuance of common stock and promissory note to consummate business combination $ 106,298 $ 0