Note 21 - Revision of Previously Issued Unaudited Quarterly Information

12 Months Ended

Sep. 30, 2024

Notes to Financial Statements

Error Correction [Text Block]

21.    Revision of Previously Issued Unaudited Quarterly Information

The Condensed Consolidated Statements of Cash Flows for the interim periods ended  March 31, 2023,  June 30, 2023, December 31, 2023, March 31, 2024, and June 30, 2024 have been revised to correct for prior period errors as discussed in Note 2, Summary of Significant Accounting Policies. The effect on the Condensed Consolidated Statement of Cash Flows for each affected period is as follows (in thousands):

	Nine months ended June 30, 2023
(unaudited)	As Reported			Adjustments			As Revised
Cash flows from operating activities
Accrued compensation and tax withholdings	$	(15,830	)	$	(1,852	)	$	(17,682	)
Other current assets and liabilities		(36,578	)		2,634			(33,944	)
Net cash used in operating activities	$	(22,422	)	$	782		$	(21,640	)
Cash flows from financing activities
Proceeds from issuance of common stock	$	-		$	1,852		$	1,852
Net cash used in financing activities	$	(677,221	)	$	1,852		$	(675,369	)
Effects of exchange rate changes on cash and cash equivalents	$	65,610		$	(2,634	)	$	62,976
Supplemental disclosures:
Purchases of property, plant and equipment included in accounts payable and accrued expenses	$	-		$	2,898		$	2,898

	Six months ended March 31, 2023
(unaudited)	As Reported			Adjustments			As Revised
Cash flows from operating activities
Accrued compensation and tax withholdings	$	(21,797	)	$	(1,852	)	$	(23,649	)
Net cash used in operating activities	$	(39,170	)	$	(1,852	)	$	(41,022	)
Cash flows from financing activities
Proceeds from issuance of common stock	$	-		$	1,852		$	1,852
Net cash used in financing activities	$	(505,136	)	$	1,852		$	(503,284	)
Supplemental disclosures:
Purchases of property, plant and equipment included in accounts payable and accrued expenses	$	-		$	3,040		$	3,040

	Nine months ended June 30, 2024
(unaudited)	As Reported			Adjustments			As Revised
Cash flows from operating activities
Inventories	$	11,433		$	2,674		$	14,107
Other assets and liabilities		7,484			(7,101	)		383
Net cash provided by operating activities	$	36,578		$	(4,427	)	$	32,151
Cash flows from investing activities
Purchase of property, plant and equipment	$	(25,339	)	$	(2,674	)	$	(28,013	)
Net cash provided by investing activities	$	29,406		$	(2,674	)	$	26,732
Effects of exchange rate changes on cash and cash equivalents	$	8,495		$	7,101		$	15,596
Supplemental disclosures:
Purchases of property, plant and equipment included in accounts payable and accrued expenses	$	2,203		$	372		$	2,575

	Six months ended March 31, 2024
(unaudited)	As Reported			Adjustments			As Revised
Cash flows from operating activities
Non-cash write-offs of assets	$	6,966		$	533		$	7,499
Inventories		7,975			263			8,238
Accrued compensation and tax withholdings		(6,153	)		(1,678	)		(7,831	)
Other assets and liabilities		12,913			(11,534	)		1,379
Net cash provided by operating activities	$	34,787		$	(12,416	)	$	22,371
Cash flows from investing activities
Purchase of property, plant and equipment	$	(18,746	)	$	(796	)	$	(19,542	)
Net cash used in investing activities	$	(172,213	)	$	(796	)	$	(173,009	)
Cash flows from financing activities
Proceeds from issuance of common stock	$	-		$	1,678		$	1,678
Net cash used in financing activities	$	(187,220	)	$	1,678		$	(185,542	)
Effects of exchange rate changes on cash and cash equivalents	$	4,721		$	11,534		$	16,255
Supplemental disclosures:
Purchases of property, plant and equipment included in accounts payable and accrued expenses	$	-		$	2,270		$	2,270

	Three months ended December 31, 2023
(unaudited)	As Reported			Adjustments			As Revised
Cash flows from operating activities
Inventories	$	4,542		$	387		$	4,929
Accounts payable		3,457			(1,015	)		2,442
Other assets and liabilities		15,957			(12,047	)		3,910
Net cash provided by operating activities	$	26,431		$	(12,675	)	$	13,756
Cash flows from investing activities
Purchase of property, plant and equipment	$	(11,919	)	$	628		$	(11,291	)
Net cash provided by investing activities	$	98,397		$	628		$	99,025
Effects of exchange rate changes on cash and cash equivalents	$	12,501		$	12,047		$	24,548
Supplemental disclosures:
Purchases of property, plant and equipment included in accounts payable and accrued expenses	$	-		$	2,164		$	2,164