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Condensed Consolidated Interim Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Cash flows used in operating activities:        
Net loss $ (36,555) $ (4,517) $ (43,072) $ (11,899)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization     6,332 6,536
Amortization of deferred charges     126 166
Share of loss from joint ventures 2,615 86 2,667 213
Interest expense 665 598 1,348 1,339
Interest income   (46) (110) (49)
Interest paid on long-term debt     (1,855) (1,909)
Unrealized foreign exchange gain/loss     115 161
Impairments 29,799   29,799  
Write-off of joint venture loan 592   592  
Loss on disposal of assets   40   40
Non-cash lease expense     29 (255)
Share-based compensation     2,078 3,885
Deferred income taxes     (16,134) (3,199)
Changes in non-cash working capital items     9,064 (10,239)
Net cash used in operating activities     (9,021) (15,210)
Cash flows used in investing activities:        
Purchases of property, plant and equipment     (10,232) (11,355)
Advances to joint ventures       (12)
Notes receivable     (3,449) (1,001)
Net cash used in investing activities     (13,681) (12,368)
Cash flows provided by financing activities:        
Proceeds from borrowings     4,000 4,227
Repayments on borrowings     (6,490) (6,026)
Proceeds from issuance of common stock and warrants       135,000
Issuance costs       (7,511)
Proceeds from exercise of stock options     192 186
Proceeds from exercise of warrants       18,495
Share re-purchases       (3,980)
Payments on capital lease obligations (311) (155) (612) (310)
Payment of note payable related to acquisition       (15,498)
Net cash (used in) provided by financing activities     (2,910) 124,583
Effect of exchange rate changes on cash and cash equivalents     (56) 502
Net (decrease) increase in cash and cash equivalents     (25,668) 97,507
Cash and cash equivalents, beginning of period     58,667 25,679
Cash and cash equivalents, end of period $ 32,999 $ 123,186 $ 32,999 $ 123,186