Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.24.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOW FROM OPERATING ACTIVITIES    
Net Income (Loss) $ (76,621) $ (449,391)
Adjustments to reconcile net loss to net cash (used in) provided by operations:    
Interest income (4) (86)
Interest Expense 15,745 18,658
Accretion expense 3,950 3,590
Provision for debt obligation fee 0 804
Impairment loss 0 30,551
Depreciation and amortization 27,170 31,390
Write-downs (recoveries) and other charges, net 410 (846)
Inventory reserve 814 0
Share-based compensation 4,535 30,431
Losses from changes in fair value of financial instruments 74 422
Cancellation of shares to be issued 0 (31)
Gain from nonmonetary consideration from acquisition (Refer to Note 4) 0 (10,460)
Loss on debt extinguishment (Refer to Note 9) 1,288 316,577
Loss on equity method investments 183 0
Deferred income taxes (3,431) (7,782)
Change in operating assets and liabilities (Refer to Note 17) 28,904 16,677
NET CASH FLOW (USED IN) PROVIDED BY OPERATING ACTIVITIES 3,017 (19,496)
CASH FLOW FROM INVESTING ACTIVITIES    
Purchase of property, plant and equipment (3,572) (6,939)
Acquisition of other intangible assets (2,504) (113)
Proceeds from sale of property, plant and equipment 2,514 2,399
Issuance of related party promissory note 0 (91)
Cash impact of deconsolidation of subsidiaries 68 0
Purchase of subsidiaries, net of cash acquired 0 4
NET CASH USED IN INVESTING ACTIVITIES (3,630) (4,740)
CASH FLOW FROM FINANCING ACTIVITIES    
Repayment of debt (49) (362)
Proceeds from issuance of debt 0 24,250
Taxes paid related to net share settlement of restricted stock units (569) (1,824)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (618) 22,064
CASH AND RESTRICTED CASH:    
NET DECREASE IN CASH AND RESTRICTED CASH DURING THE YEAR (1,231) (2,172)
CASH AND RESTRICTED CASH, BEGINNING OF YEAR (Refer to Note 2(f)) 14,406 16,578
CASH AND RESTRICTED CASH, END OF YEAR (Refer to Note 2(f)) $ 13,175 $ 14,406