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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income (loss) $ (14,516) $ (23,542)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 18,419 17,782
Equity-based compensation 6,297 1,184
Paid-in-kind interest added to debt principal   295
Provision for credit losses 278 1,286
Amortization of deferred financing fees included in interest expense, net 1,560 1,350
Write-off of unamortized deferred financing fees   4,296
Loss on debt extinguishment   1,580
Loss on disposal of property, plant and equipment 1,145 748
Mark-to-market adjustments (1,045) 793
Change in fair value of warrant liabilities (18,833) 5,215
Foreign currency transactions 1,481 355
Deferred income tax (benefit) expense (3,331) (3,511)
Other 1,443  
Change in operating assets and liabilities:    
Accounts receivable 1,993 (13,891)
Inventories (14,153) (61,180)
Derivative assets and liabilities 4,090 (14,661)
Prepaid expense and other assets (8,469) (14,944)
Accounts payable (50,254) 29,834
Accrued liabilities and other (1,236) 7,477
Net cash used in operating activities (75,131) (59,534)
Cash flows from investing activities:    
Additions to property, plant and equipment (121,545) (22,966)
Additions to intangible assets (147) (135)
Acquisition of business, net of cash acquired (2,392)  
Acquisition of equity method investments and non-marketable securities (1,385)  
Proceeds from sale of property, plant and equipment 198 3,300
Net cash used in investing activities (125,271) (19,801)
Cash flows from financing activities:    
Payments on debt (170,522) (407,384)
Proceeds from debt 221,509 319,100
Proceeds from supply chain financing program 69,787  
Payments on supply chain financing program (2,321)  
Proceeds from related party debt   11,700
Debt extinguishment costs   (1,580)
Payment of debt issuance costs (3,023) (6,007)
Proceeds from de-SPAC merger and PIPE financing   255,737
Proceeds from common equity issuance 118,767  
Payment of common equity issuance costs (1,000) (24,220)
Payment of preferred equity issuance costs   (1,250)
Net proceeds from (repayments of) repurchase agreements (8,553) 10,951
Proceeds from exercise of stock options 848  
Proceeds from exercise of Public Warrants 2,632  
Common equivalent preferred dividends   (4,380)
Payment for purchase of non-controlling interest (2,000)  
Payment for taxes for net share settlement of equity awards (2,977) (477)
Net cash provided by financing activities 223,147 152,190
Effect of exchange rate changes on cash (335) (179)
Net increase in cash and cash equivalents and restricted cash 22,410 72,676
Cash and cash equivalents and restricted cash at beginning of period 26,405 22,870
Cash and cash equivalents and restricted cash at end of period 48,815 95,546
Supplemental non-cash investing and financing activities:    
Property, plant and equipment acquired but not yet paid 4,441 596
Issuance of common shares related to Public Warrant exercise 3,144  
Issuance of common shares related to restricted stock units vesting 3,320  
Issuance of common shares related to acquisitions 446  
Issuance of common shares related to conversion of Series A Preferred Shares 882 24,214
Issuance of common shares related to purchase of non-controlling interest 475  
Accretion of convertible preferred shares 249  
Accumulating preferred dividends   13,882
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 $ 882 24,214
Related party debt exchanged for common shares   25,000
Loss on extinguishment of Common Equivalent Preferred Units   $ 2,870