| Unaudited Interim Condensed Consolidated Statements of Cash Flows Supplemental Information |
Note 13 – Unaudited Interim Condensed Consolidated Statements of Cash Flows Supplemental Information
(a) Cash payments made on account of:
|
|
|
|
|
|
|
Three Months Ended March 31, |
|
2025 |
|
2024 |
Income taxes (including interest and penalties) |
$ |
2,958 |
|
$ |
958 |
Interest |
|
489 |
|
|
47 |
(b) Changes in operating assets and liabilities are comprised of the following:
|
|
|
|
|
|
|
Three Months Ended March 31, |
|
2025 |
|
2024 |
Decrease (increase) in: |
|
|
|
Accounts receivables, net |
$ |
698 |
|
$ |
(2,157) |
Prepaid expenses |
|
(1,308) |
|
|
(503) |
Inventories, net |
|
(1,558) |
|
|
642 |
Other current assets |
|
(166) |
|
|
21 |
Other long-term assets |
|
(233) |
|
|
(22) |
Operating leases |
|
(401) |
|
|
(370) |
(Decrease) increase in: |
|
|
|
|
|
Accounts payable |
|
(1,237) |
|
|
(154) |
Accrued and other current liabilities |
|
796 |
|
|
258 |
Uncertain tax position liabilities |
|
3,072 |
|
|
5,220 |
|
$ |
(337) |
|
$ |
2,935 |
(c) Depreciation and amortization are comprised of the following:
|
|
|
|
|
|
|
Three Months Ended March 31, |
|
2025 |
|
2024 |
Property, plant and equipment |
$ |
1,823 |
|
$ |
2,397 |
Operating lease ROU assets |
|
490 |
|
|
487 |
Intangible assets |
|
2,396 |
|
|
3,487 |
|
$ |
4,709 |
|
$ |
6,371 |
(d) (Recoveries) write-downs and other charges, net are comprised of the following:
|
|
|
|
|
|
|
Three Months Ended March 31, |
|
2025 |
|
2024 |
|
|
|
|
|
(Adjusted) |
Account receivable |
$ |
(149) |
|
$ |
213 |
Share issuance |
|
— |
|
|
320 |
Operating lease ROU assets |
|
— |
|
|
(136) |
|
$ |
(149) |
|
$ |
397 |
(e) Significant non-cash investing and financing activities are as follows:
|
|
|
|
|
|
|
Three Months Ended March 31, |
|
2025 |
|
2024 |
Supplemental Cash Flow Information: |
|
|
|
|
Non-cash consideration for paid-in-kind interest |
$ |
3,545 |
|
$ |
3,546 |
Non-cash issuance of shares for the Cheetah Acquisition |
|
250 |
|
|
— |
Non-cash issuance of shares from Senior Secured Bridge Notes Amendment |
|
— |
|
|
1,581 |
Non-cash issuance of shares for legal settlements |
|
— |
|
|
320 |
Non-cash issuance of Senior Secured Bridge Notes |
|
— |
|
|
14,346 |
Assets classified as held for sale |
|
— |
|
|
1,292 |
Non-cash extinguishment of Senior Secured Bridge Notes |
|
— |
|
|
(15,813) |
Cash and Restricted Cash
For purposes of the unaudited interim condensed consolidated balance sheets and the statements of cash flows, cash and restricted cash are held primarily in U.S. dollars.
Restricted cash balances are those which meet the definition of cash and cash equivalents but are not available for use by the Company. As of March 31, 2025, the Company held $0.8 million as restricted cash (December 31, 2024— $0.6 million).
The following table provides a reconciliation of cash and restricted cash reported on the unaudited interim condensed consolidated balance sheets to such amounts presented in the statements of cash flows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31, 2025 |
|
December 31, 2024 |
Cash |
|
$ |
24,240 |
|
$ |
18,543 |
Restricted cash |
|
|
823 |
|
|
556 |
Total cash and restricted cash presented in the statements of cash flows |
|
$ |
25,063 |
|
$ |
19,099 |
|