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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:        
Net loss $ (11,280) $ (14,256) $ (42,984) $ (41,606)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization 600 900 1,933 2,700
Amortization of right-of-use assets under operating leases 400 500 1,351 2,254
Amortization of intangible assets 1,352 1,281 3,912 3,849
PIK accrual     4,777 0
Share-based compensation expense     3,918 3,899
Bad debt expense (203) (22) 319 578
Amortization of debt discount     2,846 495
Amortization of debt issuance costs     1,846 712
Deferred income taxes     (224) (329)
Loss on disposal of fixed assets     121 1
Change in fair value of warrant liability (2,225) 0 (1,145) 0
Changes in operating assets and liabilities:        
Accounts receivable     (311) 3,095
Prepaid expenses and other current assets     12,350 160
Other assets     (1,891) 363
Accounts payable and accrued expenses     (2,475) (5,014)
Current and non-current operating lease liabilities     (1,351) (2,444)
Other current and non-current liabilities     (587) (1,006)
Net cash used in operating activities     (17,595) (32,293)
Cash flows from investing activities:        
Additions to premises and equipment     0 (863)
Proceeds from the sale of business     0 346
Net cash used in investing activities     0 (517)
Cash flows from financing activities:        
Proceeds from issuance of common stock, net of issuance costs     20,461 0
Proceeds from sale of treasury stock, net of transaction costs     18,374 0
Debt issuance and amendment costs     (4,886) 0
Repayments of long-term debt     (30,000) 0
Distributions to non-controlling interests     (269) (892)
Payments of tax withholding on issuance of restricted share units and restricted shares     (511) (1,051)
Net cash provided by (used in) financing activities     3,169 (1,943)
Net decrease in cash, cash equivalents and restricted cash     (14,426) (34,753)
Cash, cash equivalents and restricted cash at the beginning of the period     54,273 102,149
Cash, cash equivalents and restricted cash at the end of the period 39,847 67,396 39,847 67,396
Supplemental cash flow information:        
Interest paid     16,989 10,167
Income taxes (refunded) paid, net     (4,034) 2,556
Acquisition of right-of-use assets with operating lease liabilities     329 797
Reduction of right-of-use assets from operating lease modifications or reassessments     (671) (172)
Non-cash investing and financing activities:        
Net decrease in payables for purchases of premises and equipment     0 (65)
Warrants issued in connection with Amended Credit Agreement     8,096 0
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents [Abstract]        
Cash and cash equivalents 36,640 63,812 36,640 63,812
Restricted cash 3,207 3,584 3,207 3,584
Total cash, cash equivalents and restricted cash reported in the statements of cash flows $ 39,847 $ 67,396 $ 39,847 $ 67,396