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 |
|