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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:    
Net loss $ (152,641) $ (194,192)
Adjustments to reconcile net loss to net cash used in operating activities:    
Impairment of goodwill 40,000 0
Impairment of intangible assets 3,092 19,907
Impairment of other investments 4,000  
Depreciation and amortization expense 39,573 74,848
Amortization of content assets 23,755 24,276
Provision for inventory and inventory purchase commitments 10,561 39,757
Realized losses on hedging derivative financial instruments 222 108
Change in fair value of warrant liabilities (2,679) (8,322)
Equity-based compensation 23,891 17,620
Deferred income taxes (191) (2,961)
Amortization of debt issuance costs 1,899 733
Paid-in-kind interest 1,310 598
Loss on partial debt extinguishment 3,168  
Change in lease assets 1,967  
Other non-cash items   1,219
Changes in operating assets and liabilities:    
Inventory 17,508 41,510
Content assets (10,226) (19,787)
Prepaid expenses 2,340 2,806
Other assets (4,438) 4,241
Accounts payable (7,103) (26,705)
Accrued expenses (20,293) (8,673)
Deferred revenue 2,163 (9,563)
Other liabilities (415) (4,593)
Net cash used in operating activities (22,537) (47,173)
Cash flows from investing activities:    
Purchase of property and equipment (6,576) (26,493)
Investment in restricted short-term investments (4,250)  
Net cash used in investing activities (10,826) (26,493)
Cash flows from financing activities:    
Proceeds from exercise of stock options   3,162
Remittance of taxes withheld from employee stock awards   (308)
Debt Borrowings   50,000
Debt repayments (17,000) (625)
Proceeds from issuance of common shares in the Employee Stock Purchase Plan 553  
Tax withholdings payments for vesting of restricted stock (2,178) (183)
Payment of debt issuance costs   (4,485)
Proceeds from issuance of Equity Offering, net of issuance costs 4,908  
Net cash (used in) provided by financing activities (13,717) 47,561
Effect of exchange rates on cash 398 (858)
Net decrease in cash, cash equivalents and restricted cash (46,682) (26,963)
Cash, cash equivalents and restricted cash, beginning of year 80,091 107,054
Cash, cash equivalents and restricted cash, end of year 33,409 80,091
Supplemental disclosure of cash flow information:    
Cash paid during the year for interest 5,389 2,082
Cash paid during the year for income taxes, net 11 389
Supplemental disclosure of noncash investing activities:    
Property and equipment acquired but not yet paid for 817 2,025
Supplemental disclosure of noncash financing activities:    
Warrants issued in relation to Term Loan   $ 5,236
Change in fair value of term loan warrants due to amended exercise price 802  
Paid-in-kind fee recorded as incremental debt issuance cost $ 488