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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities:    
Net loss $ (26,254) $ (30,170)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 5,461 12,725
Amortization of debt issuance costs and discount on convertible debt 5,566 6,969
Stock-based compensation 2,047 2,462
Impairment of property and equipment, goodwill, intangible assets, and other long-lived assets 8,741 5,459
Provision for credit losses 19 (37)
Loss (gain) on fair value of warrant liabilities 8 (190)
Loss (gain) on fair value of derivative liability 3 (6,670)
Deferred income taxes 0 (4,596)
Amortization of operating lease right-of-use assets 1,116 0
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable (432) (6,151)
Inventories 142 (55)
Prepaid expenses and other current assets (1,016) 540
Accounts payable and accrued expenses (5,653) 8,347
Operating lease liabilities (1,170) 0
Deferred revenue (225) 3,838
Other liabilities (406) (312)
Net cash used in operating activities (12,053) (7,841)
Investing activities:    
Purchases of property and equipment (2,918) (3,783)
Proceeds from sale of business, net of expenses 54,861 0
Net cash provided by (used in) investing activities 51,943 (3,783)
Financing activities:    
Proceeds from equity issuance 4,155 0
Repayments of debt (10,273) 0
Payment of debt issuance costs 0 (3,234)
Repayment of forward share purchase 0 (18,521)
Payments of finance and capital lease obligations (1,756) (1,619)
Net tax withholdings from share-based compensation (3) (67)
Payments of amounts due to members (100) 0
Distribution to noncontrolling interest (667) (139)
Net cash used in financing activities (8,644) (23,580)
Effect of exchange rate changes on cash and cash equivalents 0 (460)
Net increase (decrease) in cash and cash equivalents 31,246 (35,664)
Cash and cash equivalents, beginning of period 15,557 76,801
Cash and cash equivalents, end of period 46,803 41,137
Supplemental cash flow information:    
Cash paid for interest 8,496 5,269
Cash paid for income taxes 457 521
Non-cash investing and financing activity:    
Property and equipment reclassified from other assets 0 3,751
Property and equipment acquired through capital lease and vendor financing arrangements 179 1,628
FIN 48 liability reclassified from deferred tax liabilities 0 1,750
Reconciliation of cash and cash equivalents and restricted cash:    
Cash and cash equivalents 46,803 40,629
Restricted cash 0 508
Total cash and cash equivalents and restricted cash $ 46,803 $ 41,137