Quarterly report pursuant to Section 13 or 15(d)

Unaudited Interim Condensed Consolidated Statements of Cash Flows Supplemental Information (Tables)

v3.23.3
Unaudited Interim Condensed Consolidated Statements of Cash Flows Supplemental Information (Tables)
9 Months Ended
Sep. 30, 2023
Supplemental Cash Flow Elements [Abstract]  
Summary of Cash Payments

(a) Cash payments made on account of:

 

 

For the Nine Months Ended September 30,

 

2023

 

2022

Income taxes (including interest and penalties)

$

3,148

 

$

2,408

Interest

 

86

 

 

71

Summary of Changes in Other Non-cash Operating Assets and Liabilities

(b) Changes in operating assets and liabilities are comprised of the following:

 

 

For the Nine Months Ended September 30,

 

2023

 

2022

Decrease (increase) in:

 

 

 

Accounts receivables, net

$

(770)

 

$

154

Prepaid expenses

 

(302)

 

 

(312)

Inventories, net

 

(3,490)

 

 

(672)

Other current assets

 

173

 

 

586

Other long-term assets

 

(59)

 

 

(10)

Operating leases

 

(1,098)

 

 

(969)

(Decrease) increase in:

 

 

 

 

 

Accounts payable

 

5,236

 

 

(2,325)

Accrued and other current liabilities

 

18,275

 

 

18,794

 

$

17,965

 

$

15,246

Summary of Depreciation and Amortization of Assets

(c) Depreciation and amortization are comprised of the following:

 

 

For the Nine Months Ended September 30,

 

2023

 

2022

Property, plant and equipment

$

8,408

 

$

10,800

Operating lease ROU assets

 

1,514

 

 

1,748

Intangible assets

 

10,475

 

 

12,240

 

$

20,397

 

$

24,788

 

Summary of Asset Write downs and Other Charges

(d) (Recoveries), write-downs and other charges, net are comprised of the following:

 

 

For the Nine Months Ended September 30,

 

2023

 

2022

 

 

 

 

Account receivable recoveries

$

4

 

$

(16)

Operating lease liabilities

 

 

 

(354)

Operating lease ROU assets

 

1

 

 

(29)

Property, plant and equipment

 

462

 

 

(529)

 

$

467

 

$

(928)

Summary of significant non-cash investing and financing activities

(e) Significant non-cash investing and financing activities are as follows:

 

 

For the Nine Months Ended September 30,

 

2023

 

2022

Supplemental Cash Flow Information:

 

 

 

 

Non-cash consideration for paid-in-kind interest

$

10,576

 

$

4,949

Non-cash consideration for asset acquisition

 

 

 

19,193

Shares issued to settle MPX purchase options assumed from the MPX Acquisition

 

 

 

 

1,500

Non-cash issuance of shares from consummation of the Recapitalization Transaction

 

 

 

455,443

Non-cash debt extinguishment from the consummation of the Recapitalization Transaction

 

 

 

(238,269)

Non-cash issuance of June Secured Debentures and June Unsecured Debentures from the consummation of the Recapitalization Transaction

 

 

 

99,402

 

 

 

 

 

 

Summary of reconciliation of cash and restricted cash

The following table provides a reconciliation of cash and restricted cash reported on the unaudited interim condensed consolidated balance sheets to such amounts presented in the statements of cash flows:

 

 

 

September 30,

 

 

December 31,

 

 

2023

 

2022

Cash

 

$

15,104

 

$

14,336

Restricted cash

 

 

70

 

 

70

Total cash and restricted cash presented in the statements of cash flows

 

$

15,174

 

$

14,406