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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating activities    
Income from continuing and discontinued operations $ 4,231 $ 9,726
less: Income (loss) from discontinued operations, net of tax (4,516) (10,819)
Income (loss) from continuing operations, net of tax (285) (1,093)
Adjustments to reconcile net income (loss) to net cash generated from operating activities:    
Depreciation and amortization 22,593 23,601
Impairment of goodwill 8,052 0
Profit on sale of property, plant and equipment 59 (106)
Provision/(reversal) for doubtful accounts (49) 24
Amortization of debt issuance costs (including loss on extinguishment of debt) 1,825 11,607
Amortization of call option premium 1,800 1,200
Mark to market loss on derivative instrument 113 0
Warrant contra revenue (0) (87)
Share-based compensation expense 1,551 1,418
Impairment of right-of-use assets 1,110 4,514
Deferred income taxes (3,207) 138
Share of income of equity accounted investee (includes gain on disposal of $8,499 in Q4 2022) (13,995) (6,681)
Changes in operating assets and liabilities:    
Trade accounts receivables (4,418) (9,347)
Prepaid expenses and other assets (1,380) 1,261
Trade accounts payable (2,356) (5,231)
Income taxes, net 1,501 2,528
Accrued expenses and other liabilities (4,702) (5,595)
Net cash generated from by operating activities from continuing operations 8,212 18,151
Net cash generated from/used in operating activities from discontinued operations 16,642 10,033
Net cash generated from operating activities 24,854 28,184
Investing activities    
Purchase of property, plant and equipment and intangible assets, net (12,028) (9,927)
Investment in equity-accounted investees 0 (25,000)
Payments for call option premium 0 (3,000)
Proceeds from redemption of equity-accounted investees 45,683 104
Net cash generated from/used in investing activities from continuing operations 33,655 (37,823)
Net cash generated from/used in investing activities from discontinued operations (173) (6,699)
Net cash generated from/used in investing activities 33,482 (44,522)
Financing activities    
Proceeds from the issuance of common stock 386 1,510
Proceeds from long term debt (net of debt issuance cost paid to lenders) 0 156,525
Payments of long term debt (4,124) (117,600)
Payments for loan fees related to long term debt 0 (2,794)
Proceeds from a line of credit, net 10,943 0
Payments of other borrowings, net (2,466) (13,726)
Common stock repurchases (1,837) (1,912)
Net cash generated from/used in financing activities from continuing operations 2,902 22,003
Net cash generated from/used in financing activities from discontinued operations 303 70
Net cash generated from/used in financing activities 3,205 22,073
Net increase in cash and cash equivalents 61,541 5,735
Effect of exchange rate changes on cash and cash equivalents and restricted cash (1,791) (898)
Cash and cash equivalents and restricted cash at beginning of year 55,396 50,559
Cash and cash equivalents and restricted cash at end of year 115,146 55,396
Less: Cash and cash equivalents from discontinued operations (42,743) (21,313)
Cash and cash equivalents and restricted cash of continuing operations at end of year 72,403 34,083
Components of cash and cash equivalents and restricted cash    
Balances with banks 22,457 32,068
Restricted cash 49,946 2,015
Total cash and cash equivalents and restricted cash 72,403 34,083
Supplemental disclosure of cash flow information    
Cash paid for interest and other finance cost 11,109 21,077
Cash paid for income taxes 4,832 3,954
Supplemental disclosure of non-cash activities    
Non-cash warrant contra revenue 0 (87)
Non-cash share-based compensation expenses $ 1,551 $ 1,418