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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net loss $ (187,573) $ (107,217)
Net loss from discontinued operations (24,206) (20,237)
Net loss from continuing operations (163,367) (86,980)
Adjustments to reconcile net loss to net cash used in operating activities    
Share-based compensation expense 6,505 7,453
Depreciation and amortization 16,160 4,011
Obsolescence of inventory 0 49
Noncash lease expense 1,627 1,412
Non-cash interest expense (income) 1,458 (2,265)
Allowance for doubtful accounts (76) 559
Income tax benefit (4,258) (742)
Issuance of common stock for professional fees 4,416 1,766
Other (income) expense 150 (453)
Change in fair value of contingent consideration (74,416) (131)
Impairment losses 153,084 700
Foreign currency exchange losses 52 2,096
Impairment of and equity in losses of equity method investees 0 2,357
Loss (gain) on disposal of subsidiary (2,869) 180
Gain on remeasurement of investment 0 (10,965)
Change in assets and liabilities (net of amounts acquired):    
Accounts receivable 1,002 (1,996)
Inventory 6,461 (10,602)
Prepaid expenses and other assets 2,506 (4,335)
Accounts payable 17,100 11,962
Deferred revenue 692 (653)
Amount due to related parties 14 (130)
Accrued expenses, salary and other current liabilities (353) (7,074)
Net cash used in operating activities from continuing operations (34,112) (93,781)
Net cash used in operating activities from discontinued operations (10,652) (15,506)
Net cash used in operating activities (44,764) (109,287)
Cash flows from investing activities:    
Acquisition of property and equipment 0 (6,995)
Acquisition of intangible asset 0 (563)
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 2,078 4,032
Investment in debt securities (2,900) (27,646)
Investments in long-term investment 0 (274)
Proceed from selling long-term investment 0 659
Notes receivable from related party 0 (1,000)
Investment in available for sales securities 0 (165)
Net cash provided by (used in) investing activities from continuing operations 9 (87,258)
Net cash used in investing activities from discontinued operations (2,856) (3,590)
Net cash used in investing activities (2,847) (90,848)
Cash flows from financing activities    
Proceeds from issuance of shares, stock options and warrants 4,026 (11)
Proceeds from issuance of convertible notes 7,650 0
Proceeds from issuance of preferred stock 9,850 0
Borrowings from related parties 2,070 0
Borrowings from third parties 8,700 297
Proceeds from revolving line of credit 5,973 0
Repayments to third parties (1,439) (2,019)
Principal payments on revolving line of credit (7,031) 0
Repayment of convertible notes 0 (40,833)
Proceeds from noncontrolling interest shareholder 0 49
Tax withholding paid for net share settlement of equity awards 0 (84)
Payment of finance lease obligations (27) (160)
Repayments to related parties (2,070) 0
Net cash provided by (used in) financing activities from continuing operations 27,702 (42,761)
Net cash provided by financing activities from discontinued operations 4,217 (27)
Net cash provided by (used in) financing activities 31,919 (42,788)
Effect of exchange rate changes on cash (42) (1,755)
Net decrease in cash and cash equivalents (15,734) (244,678)
Cash, beginning of period - continuing operations 3,245 233,184
Cash, beginning of period - discontinued operations 18,684 36,679
Total cash, beginning of period 21,929 269,863
Cash, end of period - continuing operations 1,884 5,062
Cash, end of period - discontinued operations 4,311 20,123
Total cash, end of period 6,195 25,185
Supplemental disclosure of cash flow information:    
Cash paid for income tax 0 0
Cash paid for interest 485 1,383
Issuance of shares for acquisition 26,308 0
Issuance of shares for repayment of convertible note and accrued interest 16,054 7,523
Purchases of property and equipment with unpaid costs accrued in accounts payable 868 0
Purchases of intangibles with unpaid costs accrued in accounts payable 40 0
Issuance of shares for preferred stock conversion 15,837 0
Right-of-use assets obtained in exchange for new operating lease liabilities $ 693 $ 0