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Condensed Consolidated Interim Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Cash flows (used in) provided by operating activities:          
Net (loss) income $ (4,517) $ (119) $ (11,899) $ 4,071  
Adjustments to reconcile net (loss) income to net cash used in operating activities:          
Depreciation and amortization     6,536 3,021  
Amortization of deferred charges     166 38  
Share of loss (income) from joint ventures     213 (3,579)  
Interest expense 598 437 1,339 974  
Interest income (46) (93) (49) (476)  
Interest paid on long-term debt     (1,909) (1,018)  
Unrealized foreign exchange gain/loss     161    
Gain on settlement agreement       (4,681)  
Loss on disposal of assets 40   40 6  
Non-cash lease expense     (254) (627)  
Interest paid on finance lease (1) (1) (1) (2)  
Share-based compensation     3,885 857  
Deferred income taxes     (3,199) (400)  
Changes in non-cash working capital items     (10,239) 3,961  
Net cash (used in) provided by operating activities     (15,210) 2,145  
Cash flows used in investing activities:          
Purchases of property, plant and equipment     (11,355) (452)  
Advances to joint ventures     (12) (125)  
Investment in joint ventures       (11,713)  
Investment in minority interests     (1,001)    
Net cash used in investing activities     (12,368) (12,290)  
Cash flows provided by financing activities:          
Proceeds from borrowings     4,227 3,000  
Repayments on borrowings     (6,026) (2,652)  
Proceeds from issuance of common stock and warrants     135,000 7,957  
Issuance costs     (7,511) (663)  
Proceeds from exercise of stock options     186 122  
Proceeds from exercise of warrants     18,495    
Share re-purchases     (3,980)    
Payments on capital lease obligations     (310) (39)  
Payment of note payable related to acquisition     (15,498)    
Net cash provided by financing activities     124,583 7,725  
Effect of exchange rate changes on cash and cash equivalents     502 (1)  
Net increase in cash and cash equivalents     97,507 (2,421)  
Cash and cash equivalents, beginning of period     25,679 11,989 $ 11,989
Cash and cash equivalents, end of period $ 123,186 $ 9,568 $ 123,186 $ 9,568 $ 25,679