Quarterly report [Sections 13 or 15(d)]

Unaudited Interim Condensed Consolidated Statements of Cash Flows Supplemental Information

v3.26.3
Unaudited Interim Condensed Consolidated Statements of Cash Flows Supplemental Information
 9 Months Ended
Sep. 30, 2026
Supplemental Cash Flow Elements [Abstract]  
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,

 

2026

 

2025

Income taxes (including interest and penalties)

$

2,877

 

$

6,105

Interest

 

746

 

 

1,210

(b) Changes in operating assets and liabilities are comprised of the following:

 

 

Nine Months Ended September 30,

 

2026

 

2025

Decrease (increase) in:

 

 

 

Accounts receivable, net

$

(323)

 

$

4,897

Prepaid expenses

 

(1,325)

 

 

(1,831)

Inventories, net

 

(6,577)

 

 

(3,417)

Other current assets

 

249

 

 

(1,779)

Other long-term assets

 

244

 

 

1,769

Operating leases

 

(1,419)

 

 

(1,326)

(Decrease) increase in:

 

 

 

 

 

Accounts payable

 

(4,447)

 

 

(2,176)

Accrued and other current liabilities

 

5,032

 

 

(3,322)

Other non-current liabilities

 

1,160

 

 

3,253

Uncertain tax position liabilities

 

18,200

 

 

9,250

$

10,794

 

$

5,318

(c) Depreciation and amortization are comprised of the following:

 

 

Nine Months Ended September 30,

 

2026

 

2025

Property, plant and equipment

$

6,376

 

$

5,206

Operating lease ROU assets

 

1,631

 

 

1,536

Intangible assets

 

6,901

 

 

7,204

$

14,908

 

$

13,946

(d) Write-downs, and other charges, net are comprised of the following:

 

 

Nine Months Ended September 30,

 

2026

 

2025

 

 

 

 

 

 

Accounts receivable

$

176

 

$

268

Notes receivable

 

500

 

 

1,807

Operating lease ROU assets

 

(50)

 

 

—

Intangible assets

 

—

 

 

85

Property, plant and equipment

 

—

 

 

7

$

626

 

$

2,167

 

(e) Significant non-cash investing and financing activities are as follows:

 

 

Nine Months Ended September 30,

 

2026

 

2025

Supplemental Cash Flow Information:

 

 

 

 

Non-cash consideration for paid-in-kind interest

$

11,889

 

$

10,972

Non-cash issuance of shares for the Cheetah Acquisition

 

—

 

 

667

 

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, 2026, the Company held $0.2 million as restricted cash (December 31, 2025— $0.2 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:

 

 

 

 

 

 

 

 

 

 

September 30, 2026

 

December 31, 2025

Cash

 

$

6,629

 

$

11,650

Restricted cash

 

 

172

 

 

220

Total cash and restricted cash presented in the statements of cash flows

 

$

6,801

 

$

11,870