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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net loss $ (122,981) $ (68,364)
Loss from discontinued operations, net of tax (18,168) (7,970)
Net loss from continuing operations (104,813) (60,394)
Adjustments to reconcile net loss to net cash used in operating activities    
Share-based compensation expense 5,786 5,218
Depreciation and amortization 10,480 2,548
Noncash lease expense 1,542 1,853
Non-cash interest income (15) (1,394)
Allowance for doubtful accounts 0 559
Income tax benefit (3,382) (338)
Issuance of common stock for professional fees 4,356 951
Other (income) expense 150 (99)
Change in fair value of contingent consideration (12,946) (131)
Impairment losses 37,984 402
Foreign currency exchange losses 223 0
Impairment of and equity in losses of equity method investees 0 1,928
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 (1,048) (1,812)
Inventory 4,724 (8,343)
Prepaid expenses and other assets 8,327 (6,517)
Accounts payable 15,814 6,727
Deferred revenue 548 383
Amount due to related parties 404 (6)
Accrued expenses, salary and other current liabilities 607 (7,374)
Net cash used in operating activities from continuing operations (31,259) (76,624)
Net cash used in operating activities from discontinued operations (7,564) (5,745)
Net cash provided by (used in) operating activities (38,823) (82,369)
Cash flows from investing activities:    
Acquisition of property and equipment (136) (3,362)
Acquisition of intangible asset 0 (469)
Disposal of subsidiaries, net of cash disposed 0 (417)
Acquisition of subsidiaries, net of cash acquired 831 (54,889)
Proceeds from selling available for sales securities 0 337
Investment in debt securities (2,900) (12,800)
Investments in long-term investment 0 (127)
Notes receivable from related party 0 (1,000)
Net cash used in investing activities from continuing operations (2,205) (72,727)
Net cash used in investing activities from discontinued operations (55) (3,590)
Net cash used in investing activities (2,260) (76,317)
Cash flows from financing activities    
Proceeds from issuance of shares, stock options and warrants 4,026 0
Proceeds from issuance of convertible notes 5,650 0
Proceeds from issuance of preferred stock 9,850 0
Borrowings from related parties 2,000 0
Borrowings from third parties 8,700 279
Proceeds from revolving line of credit 3,550 0
Repayments to third parties (986) 0
Principal payments on revolving line of credit (3,995) 0
Repayment of convertible notes 0 (24,664)
Proceeds from noncontrolling interest shareholder 0 49
Tax withholding paid for net share settlement of equity awards 0 (84)
Payment of finance lease obligations (106) 0
Repayments to related parties (2,000) 0
Net cash provided by (used in) financing activities from continuing operations 26,689 (24,420)
Net cash provided by financing activities from discontinued operations 4,295 0
Net cash provided by (used in) financing activities 30,984 (24,420)
Effect of exchange rate changes on cash (59) (1,249)
Net (decrease) in cash and cash equivalents (10,158) (184,355)
Cash, beginning of period - continuing operations 3,759 234,181
Cash, beginning of period - discontinued operations 18,170 35,682
Total cash, beginning of period 21,929 269,863
Total cash, end of period 11,771 85,508
Cash, end of period - continuing operations 2,895 68,833
Cash, end of period - discontinued operations 8,876 16,675
Supplemental disclosure of cash flow information:    
Cash paid for income tax 41 159
Cash paid for interest 348 1,188
Issuance of shares for acquisition 26,308 0
Issuance of shares for repayment of convertible note and accrued interest 16,054 0
Purchases of property and equipment with unpaid costs accrued in accounts payable 867 0
Purchases of intangibles with unpaid costs accrued in accounts payable 49 0
Issuance of shares for preferred stock conversion 12,390 0
Right-of-use assets obtained in exchange for new operating lease liabilities $ 644 $ 0