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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net loss $ (27,218) $ (23,673)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 11,755 7,548
Equity-based compensation 3,331 2,455
Provision for credit losses (166) 441
Amortization of deferred financing fees included in interest expense 893 1,050
Write-off of unamortized deferred financing fees 137  
(Gain) loss on disposal of property, plant and equipment 7 2
Mark-to-market adjustments (2,073) (1,640)
Change in fair value of warrant liabilities 0 (41)
Foreign currency transactions (141) 245
Deferred income tax expense (benefit) 1,828 5,815
Other 449 343
Change in operating assets and liabilities:    
Accounts receivable 14,553 8,397
Inventories (27,329) 8,907
Derivative assets and liabilities (3,589) 1,302
Prepaid expense and other assets 1,567 494
Accounts payable 899 (18,038)
Accrued liabilities and other 2,976 14,372
Net cash (used in) provided by operating activities (22,121) 7,979
Cash flows from investing activities:    
Additions to property, plant and equipment (41,291) (68,914)
Additions to intangible assets (20) (43)
Proceeds from sale of equity method investments and non-marketable securities 500  
Proceeds from sale of property, plant and equipment 26 21
Net cash used in investing activities (40,785) (68,936)
Cash flows from financing activities:    
Payments on debt (34,064) (100,462)
Proceeds from debt 80,073 73,813
Payments on supply chain financing program (32,844) (38,980)
Proceeds from supply chain financing program 49,369 39,610
Proceeds from convertible notes payable   22,000
Proceeds from related party debt   50,000
Payment of debt issuance costs (2,176) (2,934)
Net proceeds from (repayments of) repurchase agreements 13,473 (4,933)
Payment for taxes for net share settlement of equity awards (1,549) (1,141)
Net cash provided by financing activities 72,282 36,973
Effect of exchange rate changes on cash (52) (80)
Net increase (decrease) in cash and cash equivalents and restricted cash 9,324 (24,064)
Cash and cash equivalents and restricted cash at beginning of period 35,564 37,840
Cash and cash equivalents and restricted cash at end of period 44,888 13,776
Supplemental non-cash investing and financing activities:    
Property, plant and equipment acquired but not yet paid $ 13,036 $ 17,508