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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities:    
Consolidated net (loss) income $ (337,262) $ 10,895
Adjustments to reconcile net income (loss) to net cash provided by operating activities, net of acquisitions:    
Depreciation and amortization 49,324 6,268
Employee stock compensation expense 24,202 1,786
Gain on tax benefit due to acquisitions 0 (4,985)
Changes in deferred taxes (17,835) 0
Provision for doubtful accounts 1,306 208
Amortization of debt issuance costs and original issue discount 2,257 0
Noncash interest and accretion expense 5,316 0
Loss (Gain) on fair value remeasurement of embedded derivative 56,714 (8,362)
Other non-cash operating activities 781 14
Goodwill impairment loss 236,005 0
Loss on debt extinguishment 877 0
Non-cash amortization of inventory fair value step-up 10,246 0
Non-cash restructuring costs 3,129 0
Financing lease interest expense 0 184
Gain on extinguishment of PPP loan 0 (4,851)
Changes in operating assets and liabilities:    
Trade receivables and contract assets (23,838) (11,951)
Inventories (35,198) 98
Prepaid expenses and other current assets (20,054) (780)
Operating lease right-of-use assets and liabilities, net 824 (54)
Accounts payable (8,042) 2,619
Accrued expenses and other liabilities 14,662 5,103
Fees invoiced in advance 25,962 14,554
Other asset and liabilities, net 5,407 0
Net cash (used in) provided by operating activities (5,217) 10,746
Investing activities:    
Capital expenditures (36,300) (12,472)
Proceeds from sale of equipment 290 2
Cash paid in acquisitions (297,712) (41,590)
Net cash used in investing activities (333,722) (54,060)
Financing activities:    
Payments on finance lease liability 0 (286)
Payments of long-term debt (36,777) (4,153)
Payments of debt issuance costs (10,067) (6,223)
Payments on promissory notes (2,166) 0
Payments on revolving credit facility (19,000) 0
Payments on senior term notes and delayed draw term loans (1,800) 0
Borrowings on long-term loan 0 18,305
Borrowings on convertible senior notes 0 122,036
Borrowings on convertible senior notes, restricted cash 0 18,000
Borrowings on revolving credit facility 34,000 0
Borrowings on senior term notes and delayed draw term loans 240,000 0
Proceeds from exercise of stock options 118 246
Proceeds from issuance of common stock, net 0 48,971
Repayment of PPP loan (200)
Borrowings on capex lines of credit 0 2,136
Other, net (1,157) 0
Net cash provided by financing activities 203,151 198,832
Effect of exchange rate changes on cash and cash equivalents (2,156) 0
Net (decrease) increase in cash and cash equivalents (137,944) 155,518
Cash, cash equivalents, and restricted cash at beginning of period 156,924 1,406
Cash, cash equivalents, and restricted cash at end of period 18,980 156,924
Noncash financing activity:    
Seller financed acquisition 6,888 1,500
Supplemental disclosure of cash flow information:    
Cash paid for interest 17,063 1,267
Income taxes paid, net $ 479 $ 8