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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net loss $ (142,652) $ (19,466)
Adjustments to reconcile net loss to net cash from operating    
Depreciation of property and equipment 1,418 1,273
Amortization of capitalized software 626 349
Provision for doubtful accounts 646 874
Amortization of intangible assets 5,229 5,616
Amortization of other assets 66 66
Amortization of deferred financing costs 2,806 701
Share-based compensation 3,542 250
Amortization of unfavorable lease terms 0 (36)
Write-off of unfavorable lease 0 (383)
Gain/Loss on sale and disposal of assets 0 25
In-kind interest that compounds into debt 4,130 1,855
Deferred income taxes (3,471) (47)
Change in fair value of earn-out shares liability 36,525 0
Change in fair value of warrant liabilities 72,027 0
Debt prepayment expense 2,014 0
Changes in operating assets and liabilities:    
Accounts receivables (21,089) 9,193
Prepaid expense and other current assets (1,562) 636
Income taxes receivable 333 (3,393)
Inventory (229) (1,821)
Other assets 730 (167)
Accounts payable (2,369) 2,191
Accrued payroll and other expenses 9,047 (6,768)
Other long-term liabilities (87) 382
Income taxes payable 382 (2,963)
Net cash used in operating activities (31,938) (11,633)
Cash flows used in investing activities:    
Cash paid for business acquisition, net of cash acquired (4,920) 0
Repayment of notes receivables from shareholders 781 0
Capital expenditures for intangible assets (273) (105)
Capital expenditures for property and equipment (4,707) (1,320)
Net cash used in investing activities (9,119) (1,425)
Cash flows from financing activities:    
Proceeds from revolving facility 5,000 6,500
Repayment of revolving facility (5,000) (15,000)
Proceeds from term loan 0 30,000
Payment of debt issuance costs 0 (77)
Repayment of term loan (225,487) (886)
Proceeds from Business Combination, net of transaction costs (See Note 3) 358,536 0
Net cash from financing activities 133,049 20,537
Net increase in cash and cash equivalents 91,992 7,479
Effect of foreign currency translation on cash (11) (164)
Cash and cash equivalents, beginning of period 9,486 7,307
Cash and cash equivalents, end of period 101,467 14,622
Supplemental disclosures of cash flow information and non-cash investing and financing activities:    
Cash paid for interest 10,249 7,261
Cash paid for income taxes 96 97
Capital expenditures included in accounts payable 1,440 1,242
Change in deferred tax liability due to reverse recapitalization $ 90 $ 0