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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net loss $ (55,461) $ (21,308) $ (128,865)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 24,210 25,501 23,838
Impairment charges     82,083
Equity-based compensation 2,631 1,223 1,553
Paid-in-kind interest added to debt principal 295 1,777 790
Provision for credit losses 1,790 439 4,452
Amortization of deferred financing fees included in interest expense 1,726 1,840 1,266
Inventory write-offs     5,432
Write-off of unamortized deferred financing fees 4,296    
Loss on debt extinguishment 1,580    
Loss on disposal of property, plant and equipment 935 243 7,750
Mark-to-market adjustments 3,502 (3,585) (217)
Change in fair value of warrant liabilities 29,675    
Foreign currency transactions 667 492 498
Deferred income tax (benefit) expense (2,037) (3,448) (18,256)
Other 1,204    
Change in operating assets and liabilities:      
Accounts receivable (16,789) (20,102) 965
Inventories (46,770) (16,543) 16,869
Derivative assets and liabilities (22,937) 14,860 1,463
Prepaid expense and other assets (15,476) (401) (351)
Accounts payable 27,646 18,724 (32,146)
Accrued liabilities and other 2,685 3,165 19,426
Net cash provided by (used in) operating activities (56,628) 2,877 (13,450)
Cash flows from investing activities:      
Additions to property, plant and equipment (63,261) (25,115) (19,472)
Additions to intangible assets (167) (321)  
Acquisition of business, net of cash acquired (14,885)   (393,337)
Proceeds from sale of property, plant and equipment 4,144 2,789 987
Net cash used in investing activities (74,169) (22,647) (411,822)
Cash flows from financing activities:      
Payments on debt (438,571) (111,313) (122,018)
Proceeds from debt 328,539 119,740 352,968
Proceeds from related party debt 11,700    
Debt extinguishment costs (1,580)    
Payment of debt issuance costs (6,007) (1,426) (8,229)
Proceeds from de-SPAC merger and PIPE financing 255,737    
Payment of common equity issuance costs (23,998)    
Payment of preferred equity issuance costs (1,250)    
Principal payments on capital leases     (2,292)
Net proceeds from repurchase agreements 14,588    
Common equivalent preferred dividends (4,380)    
Payment of taxes for net share settlement of equity awards (477) (162)  
Proceeds from exercise of stock options 375    
Proceeds from the issuance of common equivalent preferred units   17,000 222,150
Net cash provided by financing activities 134,676 23,839 442,579
Effect of exchange rate changes on cash (344) 149 (38)
Net increase (decrease) in cash and cash equivalents and restricted cash 3,535 4,218 17,269
Cash and cash equivalents and restricted cash at beginning of period 22,870 18,652 1,383
Cash and cash equivalents and restricted cash at end of period 26,405 22,870 18,652
Supplemental non-cash investing and financing activities:      
Property, plant and equipment acquired but not yet paid 8,811 184 2,020
Accumulating preferred dividends 13,882 24,208 18,513
Exchange of Redeemable Common Equivalent Preferred Units for Series A Convertible Preferred Shares 271,539    
Exchange of Redeemable Common Equivalent Preferred Units for common shares 24,214    
Related party debt exchanged for common shares 25,000    
Acquisition of Kohana through issuance of common stock 23,435    
Loss on extinguishment of Common Equivalent Preferred Units 2,870    
Supplemental cash flow information:      
Cash paid for interest 30,448 28,496 20,789
Cash paid for income taxes, net $ 814 $ 1,409 $ 98