| 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:
|
|
|
|
|
|
|
Nine Months Ended September 30, |
|
2025 |
|
2024 |
Income taxes (including interest and penalties) |
$ |
6,105 |
|
$ |
2,671 |
Interest |
|
1,210 |
|
|
1,027 |
(b) Changes in operating assets and liabilities are comprised of the following:
|
|
|
|
|
|
|
Nine Months Ended September 30, |
|
2025 |
|
2024 |
Decrease (increase) in: |
|
|
|
Accounts receivables, net |
$ |
4,897 |
|
$ |
(1,525) |
Prepaid expenses |
|
(1,831) |
|
|
(900) |
Inventories, net |
|
(3,417) |
|
|
575 |
Other current assets |
|
(1,779) |
|
|
587 |
Other long-term assets |
|
1,769 |
|
|
(534) |
Operating leases |
|
(1,326) |
|
|
(1,324) |
(Decrease) increase in: |
|
|
|
|
|
Accounts payable |
|
(2,176) |
|
|
23 |
Accrued and other current liabilities |
|
(3,322) |
|
|
(41,372) |
Other non-current liabilities |
|
3,253 |
|
|
(5,025) |
Uncertain tax position liabilities |
|
9,250 |
|
|
61,950 |
|
$ |
5,318 |
|
$ |
12,455 |
(c) Depreciation and amortization are comprised of the following:
|
|
|
|
|
|
|
Nine Months Ended September 30, |
|
2025 |
|
2024 |
Property, plant and equipment |
$ |
5,206 |
|
$ |
6,737 |
Operating lease ROU assets |
|
1,536 |
|
|
1,487 |
Intangible assets |
|
7,204 |
|
|
10,467 |
|
$ |
13,946 |
|
$ |
18,691 |
(d) Write-downs, (recoveries), and other charges, net are comprised of the following:
|
|
|
|
|
|
|
Nine Months Ended September 30, |
|
2025 |
|
2024 |
|
|
|
|
|
|
Account receivable |
$ |
268 |
|
$ |
806 |
Notes receivable |
|
1,807 |
|
|
— |
Share issuance |
|
— |
|
|
320 |
Operating lease ROU assets |
|
— |
|
|
(136) |
Intangible assets |
|
85 |
|
|
— |
Property, plant and equipment |
|
7 |
|
|
(2,212) |
|
$ |
2,167 |
|
$ |
(1,222) |
(e) Significant non-cash investing and financing activities are as follows:
|
|
|
|
|
|
|
Nine Months Ended September 30, |
|
2025 |
|
2024 |
Supplemental Cash Flow Information: |
|
|
|
|
Non-cash consideration for paid-in-kind interest |
$ |
10,972 |
|
$ |
10,401 |
Non-cash issuance of shares for the Cheetah Acquisition |
|
667 |
|
|
— |
Non-cash issuance of shares from Senior Secured Bridge Notes Amendment |
|
— |
|
|
1,581 |
Non-cash issuance of shares from Hi-Med settlement agreement |
|
— |
|
|
320 |
Non-cash issuance of Senior Secured Bridge Notes |
|
— |
|
|
14,345 |
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 September 30, 2025, the Company held $0.7 million as restricted cash (December 31, 2024—less than $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:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
September 30, 2025 |
|
December 31, 2024 |
Cash |
|
$ |
17,209 |
|
$ |
18,543 |
Restricted cash |
|
|
725 |
|
|
556 |
Total cash and restricted cash presented in the statements of cash flows |
|
$ |
17,934 |
|
$ |
19,099 |
|