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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net loss $ (13,523) $ (7,458)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 81,180 68,730
Depreciation for early lease purchase options (buyouts) 19,010 14,757
Depreciation for impaired leases 13,932 11,568
Change in fair value of warrants 25 53
Stock-based compensation 1,930 2,943
Loss on extinguishment of debt 1,040 0
Amortization of debt discount 1,873 1,405
Amortization of debt issuance costs, net 361 132
Accrued PIK interest expense 1,172 697
Amortization of right-of-use assets 161 152
Changes in operating assets and liabilities:    
Property held for lease (115,784) (92,078)
Prepaid expenses and other current assets 2,947 1,002
Accounts payable 1,036 552
Accrued liabilities 1,485 (1,533)
Accrued litigation (500) 0
Lease liabilities (159) (114)
Unearned revenues 618 544
Net cash (used in) provided by operating activities (3,196) 1,352
Cash flows from investing activities:    
Purchases of property and equipment (24) (25)
Additions to capitalized software (636) (312)
Net cash used in investing activities (660) (337)
Cash flows from financing activities:    
Proceeds from Existing Revolving Facility 10,013 14,642
Principal repayments on New and Existing Revolving Facilities (12,154) (5,655)
Payments of deferred financing costs (1,204) 0
Repurchases of restricted stock (361) (457)
Proceeds from exercise of stock options 0 18
Net cash (used in) provided by financing activities (3,706) 8,548
Net (decrease) increase in cash, cash equivalents and restricted cash (7,562) 9,563
Cash and cash equivalents and restricted cash at beginning of period 16,552 28,811
Cash and cash equivalents and restricted cash at end of period 8,990 38,374
Supplemental disclosure of cash flow information:    
Cash paid for interest 7,066 6,888
Cash paid for income taxes 48 203
Cash paid for operating leases 112 166
Supplemental disclosure of non-cash investing & financing activities    
Issuance of warrants to purchase common stock in connection with debt refinancing 3,934 0
Issuance of common stock for litigation settlement 752 0
Issuance of New Term Loan derivative liability in connection with debt refinancing 3,558 0
Deferred financing costs accrued but not yet paid 3,103 0
Extinguishment of Existing Term Loan $ 32,654 $ 0