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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:    
Net loss $ (140,775) $ (59,801)
Adjustments to reconcile net loss to cash used in operating activities:    
Impairment of long-lived assets 3,297 1,488
Amortization and depreciation 3,951 2,858
Amortization of right-of-use asset 908 733
Amortization of inventory step-up   978
Unrealized loss on investment   5
GVB fire write-offs   4,549
Other non-cash (gains) and losses (15) 563
Provision for credit losses 1,024 770
(Gain) loss on the sale of machinery and equipment 73 (368)
Realized loss (gain) on Panacea investment   2,789
Inventory write-off   237
Debt related charges included in interest expense 8,006  
Equity-based employee compensation expense 2,679 5,489
Gain on change of contingent consideration (1,138)  
Change in fair value of warrant liabilities (364)  
Change in fair value of derivative liability 557  
Loss on disposal of discontinued operations 58,521  
Loss on transfer of promissory note 895  
Deferred income taxes 434 (434)
Increase in inventory reserves 8,695  
Changes in operating assets and liabilities, net of acquisition:    
Accounts receivable (18) (2,881)
Inventory (5,925) (8,789)
Prepaid expenses and other assets 451 (920)
Accounts payable 4,752 416
Accrued expenses 681 (582)
Accrued payroll (2,153) 748
Accrued excise taxes and fees 811 153
Other liabilities (334) 285
Net cash used in operating activities (54,987) (51,714)
Cash flows from investing activities:    
Acquisition of patents, trademarks, and licenses (961) (772)
Acquisition of property, plant and equipment (4,656) (3,657)
Proceeds from the sale of property, plant and equipment 283 409
Acquisition, net of cash acquired (254) (1,297)
Proceeds from sale of discontinued operations 665  
Investment in Change Agronomy Ltd.   (682)
Property, plant and equipment insurance proceeds 3,500  
Sales and maturities of short-term investment securities 21,714 101,990
Purchase of short-term investment securities (3,475) (73,413)
Net cash provided by investing activities 16,816 22,578
Cash flows from financing activities:    
Payments on notes payable (5,581) (3,822)
Proceeds from issuance of notes payable 2,360 2,162
Other financing activities   (29)
Payments of long-term debt (9,700)  
Proceeds from issuance of long-term debt 16,849  
Payment of debt issuance costs (801)  
Proceeds from issuance of detachable warrants 6,016  
Net proceeds from option exercise   174
Net proceeds from warrant exercise 3,044  
Taxes paid related to net share settlement of RSUs (420) (149)
Net cash provided by financing activities 37,209 30,820
Net (decrease) increase in cash and cash equivalents (962) 1,684
Cash and cash equivalents - beginning of period 3,020 1,336
Cash and cash equivalents - end of period 2,058 3,020
Net cash paid for:    
Cash paid during the period for interest 1,313 34
Cash paid during the period for income taxes 40 14
Non-cash transactions:    
Capital expenditures incurred but not yet paid 118 $ 94
Right-of-use assets and corresponding operating lease obligations 5,166  
Non-cash assignment of PLSH Promissory Note 2,600  
Insurance/litigation gross up 3,768  
Non-cash proceeds from sale of discontinued operations 2,000  
Deemed dividends 9,801  
Stock issued in connection with acquisition   51,653
Non-cash consideration RXP acquisition 1,641  
Non-cash licensing arrangement 3,500  
ATM    
Cash flows from financing activities:    
Proceeds from issuance of common stock 2,741  
Payment of common stock issuance costs (178)  
Registered Direct Offering    
Cash flows from financing activities:    
Proceeds from issuance of common stock 25,158 $ 35,000
Payment of common stock issuance costs $ (2,279) $ (2,516)