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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities    
Net income / (loss) $ 2,004 $ (876)
Adjustments to reconcile net income / (loss) to net cash used in operating activities:    
Depreciation and amortization 372 1,074
Stock-based expenses 2,717 4,593
Change in fair value of compensation (1,691) (865)
Unrealized loss, net of income tax (186) 0
Foreign exchange translation adjustment 3 0
Loss on disposal of assets 188 53
Bad debt expense 0 34
Transfer to assets held for sale (198) 0
Changes in operating assets and liabilities:    
Accounts receivable, net 27,876 (47,401)
Inventory (78) (9)
Other current assets (53,473) (1)
Other non-current assets 46,375 0
Accounts payable and accrued expenses (19,166) 39,166
Other current liabilities 46,241 22
Contract liability, non-current (46,048) 0
Operating right to use assets and lease liabilities, net (68) (21)
Deferred revenue 6,175 17
Total adjustments 9,039 (3,338)
Net cash provided by (used in) operating activities 11,043 (4,214)
Cash Flows from Investing Activities    
Deposit on farmland (672) (3,888)
Purchases of property and equipment (31) (247)
Disposal of property and equipment 57 110
Net cash used in investing activities (646) (4,025)
Cash Flows from Financing Activities    
Proceeds from notes payable 3,580 3,500
Repayments of notes payable (5,375) (69)
Net cash (used in) provided by financing activities (1,795) 3,431
Net Increase (Decrease) in Cash 8,602 (4,808)
Cash – beginning of period 1,354 9,898
Cash – end of period 9,956 5,090
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 1,318 20
Transfer to assets held for sale $ 6,335 $ 0