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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Operating activities    
Net loss $ (33,644) $ (13,281)
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 28,201 29,723
Impairment of goodwill 35,944 7,146
Loss on sale of property, plant and equipment 167 0
Provision for doubtful accounts 2,662 1,640
Amortisation of debt issuance cost 1,454 1,414
Warrant contra revenue 1,622 1,295
Share-based compensation expense 832 1,516
Deferred income taxes (276) (1,101)
Share of loss of equity accounted investees 31 226
Changes in operating assets and liabilities    
Trade accounts receivables, net 19,971 (4,492)
Prepaid and other assets (11,376) 4,199
Trade accounts payables (4,635) (734)
Income taxes, net 2,668 (542)
Accrued expenses and other liabilities 22,432 962
Net cash generated from operating activities 66,053 27,971
Investing activities    
Purchase of property, plant and equipment (17,414) (15,564)
Proceeds from equity accounted investees 395 1,308
Net cash used in investing activities (17,019) (14,256)
Financing activities    
Proceeds from issuance of common stock 9,026 6,710
Payments on long term debt (8,400) (9,800)
Payments on line of credit, net (24,529) (6,623)
(Payments on) / proceeds from other borrowings, net (7,304) 4,351
Net cash used in from financing activities (31,207) (5,362)
Net increase in cash and cash equivalents 17,827 8,353
Effect of exchange rate changes on cash and cash equivalents and restricted cash 106 (296)
Cash and cash equivalents and restricted cash at the beginning of period 32,626 24,569
Cash and cash equivalents and restricted cash at the end of period 50,559 32,626
Components of cash and cash equivalents and restricted cash    
Balances with banks 44,507 20,464
Restricted cash 6,052 12,162
Total cash and cash equivalents and restricted cash 50,559 32,626
Supplemental disclosure of Cash Flow Information    
Cash paid for interest and other finance cost 13,080 15,329
Cash paid for income taxes 4,795 6,379
Government grants/subsidy received 2,689 0
Non cash warrant contra revenue 1,622 1,295
Non cash share-based compensation expenses $ 832 $ 1,516