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Consolidated Statement of Cash Flow - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows - operating activities    
Net loss $ (40,057) $ (8,657)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 4,009 560
Non-cash lease expense 3,435 407
Share-based compensation expense 2,565 996
Impairment loss 1,051 0
Deferred income tax benefit (1,331) 0
Equity in net loss of affiliate 74 0
Gain from insurance recovery (650) 0
Gain on forgiveness of debt 0 (328)
Inventory write down 6,475 1,828
Changes in assets and liabilities:    
Inventory (7,551) (1,932)
Prepaid expenses and other current assets (2,056) (250)
Trade receivables 422 (150)
Other non-current assets (205) (2,838)
Account payables and accrued expenses 8,988 734
Net cash used in operating activities (24,830) (9,630)
Cash flows - investing activities    
Insurance proceeds 650 0
Purchases of property, plant, and equipment (82,863) (20,846)
Purchases of licenses and software for developed technology (583) 0
Acquisitions of businesses, net of cash acquired (49,722) 0
Net cash used in investing activities (132,518) (20,846)
Cash flows - financing activities    
Net proceeds from issuance of common stock 61,696 140,619
Proceeds from loan facility 34,000 0
Payment on loan facility (34,000) 0
Proceeds from forgivable loan 0 328
Repayment on operating lease liabilities (457) (507)
Net cash provided by financing activities 61,239 140,440
Net decrease in cash and cash equivalents (96,110) 109,964
Cash and cash equivalents at beginning of period 113,353 3,395
Effect of exchange rate changes on cash and cash equivalents (1,097) (6)
Cash and cash equivalents at end of period 16,146 113,353
Supplemental disclosures of cash flow information:    
Increase in property and equipment resulting from capitalizing asset retirement obligations 889 334
Shares issued in exchange for businesses acquired 99,762 0
Total supplemental disclosures of cash flow information 100,651 606
Supplemental disclosures of non-cash financing activities:    
Conversion of convertible loan to common stock 0 3,297
Supplemental disclosures of cash flow information:    
Cash paid for interest $ 1,800 $ 272