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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net loss $ (4,326) $ (4,705)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 5,874 6,014
Equity-based compensation 1,548 171
Paid-in-kind interest added to debt principal   147
Provision for credit losses 497 897
Amortization of deferred financing fees included in interest expense 453 523
Loss on disposal of property, plant and equipment 896 105
Mark-to-market adjustments (1,236) (1,145)
Change in fair value of warrant liabilities (5,529)  
Foreign currency transactions 307 137
Deferred income tax (benefit) expense (4,359) (1,584)
Other 259  
Change in operating assets and liabilities:    
Accounts receivable (14,048) (9,468)
Inventories 6,626 (34,242)
Derivative assets and liabilities (76) (5,460)
Prepaid expense and other assets (9,510) (14,216)
Accounts payable (10,756) 17,895
Accrued liabilities and other 8,249 6,531
Net cash used in operating activities (25,131) (38,400)
Cash flows from investing activities:    
Additions to property, plant and equipment (19,625) (8,697)
Additions to intangible assets (41)  
Acquisition of business, net of cash acquired (2,392)  
Proceeds from sale of property, plant and equipment 30 861
Net cash used in investing activities (22,028) (7,836)
Cash flows from financing activities:    
Payments on debt (56,358) (13,982)
Proceeds from debt 106,706 56,118
Payment of debt issuance costs (405)  
Net payments from repurchase agreements (4,418)  
Proceeds from exercise of stock options 63  
Proceeds from exercise of Public Warrants 2,632  
Payment for taxes for net share settlement of equity awards (1,841) (477)
Net cash provided by financing activities 46,379 41,659
Effect of exchange rate changes on cash (55) (106)
Net increase (decrease) in cash and cash equivalents and restricted cash (835) (4,683)
Cash and cash equivalents and restricted cash at beginning of period 26,405 22,870
Cash and cash equivalents and restricted cash at end of period 25,570 18,187
Supplemental non-cash investing and financing activities:    
Property, plant and equipment acquired but not yet paid 4,168  
Issuance of common shares related to Public Warrant exercise 3,144  
Issuance of common share related to acquisitions 446  
Issuance of common shares related to conversion of Series A Preferred Shares 254  
Accretion of convertible preferred shares $ 429  
Accumulating preferred dividends   $ 6,737