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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Operating activities:      
Net Loss $ (17,390) $ (7,515)  
Adjustments to reconcile net loss to cash used in operating activities:      
Depreciation and amortization expense 80 45  
Stock compensation expense 83 8  
Gain from sale of equity-method investment 0 (863)  
Gain from sale of consolidated entity 0 (387)  
Gain from equity-method investments (4) (22)  
Amortization right-of-use asset 79 68  
Amortization of debt discount 46 48  
Change in fair value forward purchase agreement 227 0 $ 13,400
Changes in assets and liabilities:      
Accounts receivable 544 466  
Prepaid and other current assets 274 909  
Deposits (40) (1,250)  
Account payable and accrued liabilities 2,311 958  
Operating lease liability (78) (68)  
Customer deposits and deferred revenue 6,172 (5)  
Net cash used in operating activities (7,696) (7,608)  
Investing activities:      
Cash payment for property and equipment (56) (270)  
Proceeds from sale of interest in equity-method investment 0 3,840  
Payment for the purchase of equity-method investments 0 (1,950)  
Proceeds from the sale of consolidated entity 0 350  
Net cash provided by (used in) investing activities (56) 1,970  
Financing activities:      
Proceeds from lines of credit 0 1,000  
Proceeds from issuance of convertible notes 0 4,750  
Repayment on loans (684) (282)  
Net cash provided by (used in) financing activities (684) 5,468  
Net decrease in cash (8,436) (170)  
Cash and restricted cash, beginning of year 16,723 7,879 7,879
Cash and restricted cash, end of period 8,287 7,709 $ 16,723
Supplemental disclosure of cash flow information:      
Cash paid for interest 1,119 257  
Non-Cash Investing and Financing Activities:      
Credit facility for the aircraft deposits 6,000 0  
Original debt discount $ (45) $ 0