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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating activities    
Net loss $ (11,609) $ (25,314)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Stock-based compensation 3,039 4,877
Depreciation 3,306 3,473
Amortization of intangible assets 9,354 9,348
Deferred income taxes 177 631
Amortization of debt issuance costs and original issue discount 1,179 1,082
Change in fair value of warrant liabilities (3) (62)
Changes in current assets and liabilities:    
Accounts receivable (743) (3,351)
Inventories 6,762 1,584
Prepaid expenses and other current assets (1,314) (567)
Accounts payable, accrued liabilities and income taxes (18,468) 12,427
Other, net 472 812
Net cash (used in) provided by operating activities (7,848) 4,940
Investing activities    
Capital expenditures (2,286) (2,728)
Proceeds from Sale of Equity Method Investments 200 0
Net cash used in investing activities (2,086) (2,728)
Financing activities    
Proceeds from revolving credit facility 19,000 0
Repayments of revolving credit facility (12,000) (4,000)
Repayments of long-term borrowings (1,875) (1,875)
Debt issuance costs 0 (440)
Tax withholdings related to net share settlements of stock awards (1,243) (754)
Net cash provided by (used in) financing activities 3,882 (7,069)
Effect of exchange rate changes on cash and cash equivalents 327 295
Net change in cash and cash equivalents (5,725) (4,562)
Cash and cash equivalents, beginning of period 30,513 28,676
Cash and cash equivalents, end of period 24,788 24,114
Supplemental disclosure of cash flow information    
Interest paid 20,865 20,851
Taxes paid, net of refunds $ 5,010 $ 2,383