XML 18 R7.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows From Operating Activities    
Net loss $ (9,041) $ (16,447)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 804 1,800
Stock-based compensation 687 1,834
Amortization of debt (premium)/discount and issuance costs (2,254) 1,075
Impairments 301 2,417
Amortization of right-of-use assets 1,359 2,529
Capitalized paid-in-kind interest 2,013 1,904
Deferred income taxes 1,506 1,032
Other, net (685) (12)
Changes in operating assets and liabilities:    
Receivables, net 3,371 2,072
Inventories 995 4,099
Accounts payable (884) (4,247)
Other liabilities and accrued expenses 1,467 (3,888)
Deferred revenues (5,496) (1,614)
Operating lease liabilities (1,575) (2,798)
Other, net (188) 493
Net cash used in operating activities (7,620) (9,751)
Cash Flows From Investing Activities    
Purchases of property and equipment (34) (594)
Net cash used in investing activities (34) (594)
Cash Flows From Financing Activities    
Other (40) 0
Repayment of long-term debt 0 (76)
Net cash used in financing activities (40) (76)
Effect of exchange rate changes on cash and cash equivalents 43 (260)
Net decrease in cash and cash equivalents and restricted cash (7,651) (10,681)
Balance, beginning of year 33,322 31,676
Balance, end of period 25,671 20,995
Cash and cash equivalents and restricted cash consist of:    
Cash and cash equivalents 23,719 19,042
Restricted cash 1,952 1,953
Total 25,671 20,995
Supplemental Disclosures    
Cash paid for income taxes 330 80
Cash paid for interest 2,554 3,591
Supplemental Disclosure of Non-Cash Activities    
Issuance of common stock in relation to the conversion of preferred stock 7,000 0
Preferred stock accretion to redemption value 1,513 0
Right-of-use assets in exchange for lease liabilities 0 600
Sale of artwork in exchange for receivables $ 252 $ 1,504