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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Cash flows from operating activities:      
Net loss $ (85,892) $ (29,092)  
Adjustments to reconcile net loss to net cash used in operating activities      
Share-based compensation expense 2,470 2,355  
Depreciation and amortization 4,831 1,285  
Noncash lease expense 1,325 878  
Non-cash interest income (226) (718)  
Allowance for doubtful accounts 712 0  
Income tax benefit (2,985) (378)  
Issuance of common stock for professional fees 3,073 749  
Other expense 151 43  
Change in fair value of contingent consideration (12,946) (131)  
Impairment losses 44,113 81  
Foreign currency exchange losses 176 0  
Impairment of and equity in losses of equity method investees 2,784 1,338  
Loss on disposal of subsidiary 0 180  
Gain on remeasurement of investment 0 (10,965)  
Change in assets and liabilities (net of amounts acquired):      
Accounts receivable (1,968) 1,183  
Inventory 942 (6,428)  
Prepaid expenses and other assets 6,388 (3,967)  
Accounts payable 14,235 6,624  
Deferred revenue (354) 1,933  
Amount due to related parties 426 101  
Accrued expenses, salary and other current liabilities 1,494 (6,991)  
Net cash used in operating activities (21,251) (41,920)  
Cash flows from investing activities:      
Acquisition of property and equipment (132) (1,132)  
Acquisition of intangible asset 0 (85)  
Disposal of subsidiaries, net of cash disposed 0 (417)  
Acquisition of subsidiaries, net of cash acquired 831 (54,889)  
Investment in debt securities (2,900) (514)  
Investments in long-term investment 0 (120)  
Net cash used in investing activities (2,201) (57,157)  
Cash flows from financing activities      
Proceeds from issuance of shares, stock options and warrants 3,129 0  
Proceeds from issuance of convertible notes 1,400 0  
Proceeds from issuance of preferred stock 9,850 0  
Borrowings from related parties 2,000 0  
Borrowings from third parties 7,500 0  
Proceeds from revolving line of credit 1,725 0  
Repayments to third parties (633) (147)  
Principal payments on revolving line of credit (2,656) 0  
Tax withholding paid for net share settlement of equity awards 0 (83)  
Payment of finance lease obligations (53) 0  
Repayments to related parties (2,000) 0  
Net cash provided by (used in) financing activities 20,262 (230)  
Effect of exchange rate changes on cash 141 201  
Net (decrease) in cash and cash equivalents (3,049) (99,106)  
Cash and cash equivalents at the beginning of the period 21,929 269,863 $ 269,863
Cash and cash equivalents at the end of the period 18,880 170,757 $ 21,929
Supplemental disclosure of cash flow information:      
Cash paid for income tax 6 0  
Cash paid for interest 116 0  
Issuance of shares for acquisition 26,308 0  
Issuance of shares for repayment of convertible note and accrued interest 15,157 0  
Purchases of property and equipment with unpaid costs accrued in accounts payable 685 0  
Purchases of intangibles with unpaid costs accrued in accounts payable 40 0  
Issuance of shares for preferred stock conversion 8,850 0  
Right-of-use assets obtained in exchange for new operating lease liabilities $ 320 $ 6,746