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Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net loss $ (12,117,270) $ (29,838,734)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Stock-based compensation 1,174,338 694,671
Provision for bad debts (1,487,150) 3,432,813
Depreciation and amortization 8,646,174 8,375,227
Impairment losses 0 6,804,412
Non-cash interest expense 0 290,426
Gain on disposition (191,988) 0
Amortization of loan fees 1,171,785 1,441,634
Loss on extinguishment of long-term debt 4,996,731 2,798,789
Deferred income taxes (4,417,660) (8,972,361)
Equity in earnings of unconsolidated affiliates 75,042 90,715
Change in operating assets and liabilities:    
Accounts receivable 1,685,007 12,586,295
Prepaid expenses (6,254,604) (1,978,601)
Other assets (1,656,170) 3,164,693
Accounts payable (5,567,791) 2,900,129
Other liabilities 7,796,383 (1,295,347)
Other operating activities 170,172 305,806
Net cash provided by (used in) operating activities (5,977,001) 800,567
Cash flows from investing activities:    
Capital expenditures (3,704,750) (6,996,619)
Proceeds from dispositions 362,500 0
Proceeds from life insurance 3,000,000 0
Payments for investments 0 (1,000,000)
Net cash used in investing activities (342,250) (7,996,619)
Cash flows from financing activities:    
Issuance of debt 310,000,000 14,000,000
Payments on debt (268,500,000) (4,500,000)
Payment of debt issuance costs (7,604,215) (2,581,163)
Reduction of finance lease liabilities (52,629) (48,615)
Dividends paid 0 (2,795,504)
Purchase of treasury stock (141,579) (34,412)
Net cash provided by financing activities 33,701,577 4,040,306
Net increase (decrease) in cash and cash equivalents 27,382,326 (3,155,746)
Cash and cash equivalents at beginning of period 20,759,432 18,648,171
Cash and cash equivalents at end of period 48,141,758 15,492,425
Cash paid for interest 14,703,825 10,871,306
Cash paid for income taxes 1,526,303 115,400
Supplemental disclosure of non-cash investing and financing activities:    
Acquisition of noncontrolling interest 4,490,130 0
Extinguishment of trade sales payable 934,500 0
Class A common stock returned to treasury stock 670,594 0
Class A common stock issued for debt repayment $ 0 $ 2,250,000