Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOW FROM OPERATING ACTIVITIES    
Net loss $ (18,595) $ (10,102)
Adjustments to reconcile net loss to net cash (used in) provided by operations:    
Interest income (4) (60)
Interest expense 3,735 5,894
Accretion expense 978 766
Provision for debt obligation fee 0 414
Depreciation and amortization 6,991 9,029
Write-downs and other charges, net 516 57
Inventory reserve 249 0
Share-based compensation 1,489 1,464
Losses/(gains) from change in fair value of financial instruments 33 102
Gain from nonmonetary consideration from acquisition (Refer to Note 4) 0 (10,460)
Loss on debt extinguishment (Refer to Note 5) 1,288 0
Change in operating assets and liabilities (Refer to Note 13) 2,533 4,647
NET CASH FLOW (USED IN) PROVIDED BY OPERATING ACTIVITIES (787) 1,751
CASH FLOW FROM INVESTING ACTIVITIES    
Purchase of property, plant and equipment (1,002) (1,573)
Acquisition of other intangible assets (5) (61)
Proceeds from sale of property, plant and equipment 0 127
Issuance of related party promissory note 0 (92)
Cash impact of deconsolidation of Vermont business (30) 0
Purchase of subsidiaries, net of cash acquired 0 4
NET CASH USED IN INVESTING ACTIVITIES (1,037) (1,595)
CASH FLOW FROM FINANCING ACTIVITIES    
Repayment of debt (13) (15)
Taxes paid related to net share settlement of restricted stock units (201) 0
NET CASH USED IN FINANCING ACTIVITIES (214) (15)
CASH AND RESTRICTED CASH:    
NET (DECREASE) / INCREASE IN CASH AND RESTRICTED CASH DURING THE PERIOD (2,038) 141
CASH AND RESTRICTED CASH, BEGINNING OF PERIOD (Refer to Note 13) 14,406 16,578
CASH AND RESTRICTED CASH, END OF PERIOD (Refer to Note 13) $ 12,368 $ 16,719