v3.26.1
Unaudited Interim Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating activities    
Net loss from continuing operations $ (6,829) $ (7,665)
Adjustments to reconcile net loss to net cash provided by operating activities    
Accretion and accrued interest 5,151 1,870
Depreciation of property and equipment and amortization of intangible assets 4,140 3,946
Amortization of operating right-of-use assets 378 408
Share-based compensation 885 1,514
Deferred income tax expense 299 456
Gain on fair value of derivative liabilities (1,403) (97)
Unrealized and realized loss on investments   742
Loss from revaluation of contingent consideration (0) 381
Provision for expected credit loss 239 480
Unrealized and realized foreign exchange loss 178 42
Impairment and other 36 (5)
Changes in operating assets and liabilities    
Receivables 1,103 2,050
Inventory (2,181) 1,629
Accounts payable and accrued liabilities (918) (1,911)
Income taxes paid and tax related liabilities 8,455 6,848
Prepaid expense and other current assets (896) 699
Other assets and liabilities 15 (209)
Net cash provided by operating activities - continuing operations 8,652 11,178
Net cash used in operating activities - discontinued operations (165) (3,174)
Net cash provided by operating activities 8,487 8,004
Investing activities    
Investment in property and equipment (865) (2,358)
Investment in note receivable, net of interest received 40 61
Investment in intangible assets (44) (659)
Cash portion of consideration paid in acquisition, net of cash received (3,722)  
Refund of deposits for business acquisition 3,400  
Net cash used in investing activities - continuing operations (1,191) (2,956)
Net cash provided by (used in) investing activities - discontinued operations 1,195 (328)
Net cash provided by (used in) investing activities 4 (3,284)
Financing activities    
Loan principal paid, including exit fees (5,667) (980)
Capital distributions paid to non-controlling interests (1,188) (738)
Payment for contingent consideration   (386)
Repurchases of common shares (77) (231)
Net cash used in financing activities - continuing operations (6,932) (2,335)
Net cash used in financing activities- discontinued operations (200)  
Net cash used in financing activities (7,132) (2,335)
Net increase in cash and cash equivalents and restricted cash during the period 1,359 2,385
Net effects of foreign exchange 231 (14)
Cash and cash equivalents and restricted cash, beginning of the period 37,524 26,987
Cash and cash equivalents and restricted cash, end of the period 39,114 29,358
Supplemental disclosure with respect to cash flows    
Cash paid for income tax, net 1,521 3,189
Interest paid 7,139 6,420
Non-cash transactions    
Change in accrued capital expenditures 2,263 171
Federal income tax    
Supplemental disclosure with respect to cash flows    
Cash paid for income tax, net 0 2,566
State income tax | NEW JERSEY    
Supplemental disclosure with respect to cash flows    
Cash paid for income tax, net 1,520 600
State income tax | MARYLAND    
Supplemental disclosure with respect to cash flows    
Cash paid for income tax, net   13
State income tax | Other    
Supplemental disclosure with respect to cash flows    
Cash paid for income tax, net $ 1 $ 10

Source

10-Q PDF
XBRL