REVISION OF PREVIOUSLY REPORTED CONSOLIDATED FINANCIAL STATEMENTS - Consolidated Statements of Cash Flows (Details) - USD ($)
$ in Thousands |
3 Months Ended |
6 Months Ended |
9 Months Ended |
12 Months Ended |
Sep. 30, 2022 |
Jun. 30, 2022 |
Mar. 31, 2022 |
Sep. 30, 2021 |
Jun. 30, 2021 |
Mar. 31, 2021 |
Jun. 30, 2022 |
Jun. 30, 2021 |
Sep. 30, 2022 |
Sep. 30, 2021 |
Dec. 31, 2022 |
Dec. 31, 2021 |
| Cash flows provided by (used in) operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
$ (14,277)
|
$ (10,790)
|
$ (11,572)
|
$ (4,373)
|
$ (6,202)
|
$ (1,999)
|
$ (22,362)
|
$ (8,201)
|
$ (36,639)
|
$ (12,574)
|
$ (106,200)
|
$ (24,776)
|
| Adjustments to reconcile net loss to net cash provided (used in) by operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and amortization |
|
|
13,175
|
|
|
13,093
|
26,928
|
25,465
|
40,616
|
37,884
|
54,499
|
50,331
|
| Amortization of deferred financing costs |
|
|
587
|
|
|
524
|
1,188
|
1,047
|
1,806
|
1,569
|
2,427
|
2,097
|
| Amortization of discount on Backstop Notes |
|
|
|
|
|
|
|
|
|
|
0
|
424
|
| Deferred income taxes |
|
|
(3,296)
|
|
|
(1,387)
|
(6,421)
|
(3,377)
|
(8,583)
|
(7,441)
|
(16,189)
|
(9,691)
|
| Non-cash foreign currency loss |
|
|
(3)
|
|
|
(70)
|
489
|
77
|
1,566
|
(163)
|
14
|
344
|
| Stock-based compensation |
|
|
2,050
|
|
|
315
|
4,551
|
630
|
7,570
|
4,564
|
10,296
|
4,564
|
| Provision for doubtful accounts |
|
|
55
|
|
|
(18)
|
183
|
11
|
424
|
117
|
415
|
322
|
| Change in fair value of warrant liability |
(120)
|
(106)
|
(27)
|
(2,898)
|
41
|
(2,424)
|
(133)
|
(2,383)
|
(253)
|
(5,281)
|
(254)
|
(5,267)
|
| Change in operating assets and liabilities, net of operating assets and liabilities acquired: |
|
|
|
|
|
|
|
|
|
|
|
|
| Accounts receivable |
|
|
(2,635)
|
|
|
(1,910)
|
2,454
|
(7,158)
|
10,991
|
(12,956)
|
8,962
|
(12,102)
|
| Inventories |
|
|
4,994
|
|
|
(878)
|
6,661
|
(4,089)
|
8,192
|
(6,461)
|
6,542
|
(9,875)
|
| Prepaid expenses and other current assets |
|
|
1,591
|
|
|
(4,101)
|
(664)
|
(9,125)
|
(1,633)
|
(5,105)
|
(1,992)
|
(1,244)
|
| Accounts payable and accrued liabilities |
|
|
(8,511)
|
|
|
(13,562)
|
(2,518)
|
(6,272)
|
(3,334)
|
(2,364)
|
(2,116)
|
(8,419)
|
| Deferred revenue |
|
|
132
|
|
|
(81)
|
188
|
(671)
|
252
|
(911)
|
980
|
(805)
|
| Income taxes payable |
|
|
(213)
|
|
|
178
|
(442)
|
(299)
|
(1,078)
|
(317)
|
148
|
(661)
|
| Cash provided by (used in) operating activities |
|
|
(3,980)
|
|
|
(12,320)
|
10,691
|
(14,345)
|
20,527
|
(9,439)
|
16,356
|
(14,758)
|
| Cash flows (used in) provided by investing activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Additions to intangible assets |
|
|
|
|
|
|
|
|
|
|
(13,238)
|
(9,247)
|
| Additions to property and equipment |
|
|
|
|
|
|
|
|
|
|
(3,307)
|
(4,172)
|
| Cash flows (used in) provided by investing activities |
|
|
(48,503)
|
|
|
(3,091)
|
(53,201)
|
(5,973)
|
(57,974)
|
(9,782)
|
(62,547)
|
(13,419)
|
| Cash flows (used in) provided by financing activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Proceeds from revolving credit facility |
|
|
|
|
|
|
|
|
|
|
0
|
25,000
|
| Repayment on revolving credit facility |
|
|
|
|
|
|
|
|
|
|
0
|
(25,000)
|
| Repayment of term loan |
|
|
|
|
|
|
|
|
|
|
(3,153)
|
(3,161)
|
| Repayment of other borrowings - notes payable |
|
|
|
|
|
|
|
|
|
|
(1,035)
|
(173)
|
| Proceeds from convertible debt |
|
|
|
|
|
|
|
|
|
|
0
|
104,167
|
| Proceeds from equity portion of convertible debt, net of issuance costs |
|
|
|
|
|
|
|
|
|
|
0
|
15,697
|
| Payment of deferred financing costs |
|
|
|
|
|
|
|
|
|
|
(356)
|
(1,579)
|
| Repayment of related party note |
|
|
|
|
|
|
|
|
|
|
0
|
(1,538)
|
| Proceeds from CTAC and PIPE financing, net of issuance costs |
|
|
|
|
|
|
|
|
|
|
0
|
223,688
|
| Settlements of preferred shares |
|
|
|
|
|
|
|
|
|
|
0
|
(229,915)
|
| Payment of capital lease obligations |
|
|
|
|
|
|
|
|
|
|
0
|
(828)
|
| Payment of stock option share employee withholding taxes |
|
|
|
|
|
|
|
|
|
|
0
|
(2,305)
|
| Cash (used in) provided by financing activities |
|
|
(1,550)
|
|
|
18,291
|
(2,454)
|
18,375
|
(3,599)
|
81,772
|
(4,694)
|
104,053
|
| Effect of exchange rate change on cash |
|
|
(26)
|
|
|
(67)
|
(575)
|
(82)
|
(2,014)
|
(188)
|
(451)
|
(226)
|
| Change in Cash and Restricted cash |
|
|
(54,059)
|
|
|
2,813
|
(45,539)
|
(2,025)
|
(43,060)
|
62,363
|
(51,336)
|
75,650
|
| Cash and Restricted Cash, beginning of period |
40,804
|
32,284
|
86,343
|
8,668
|
13,506
|
10,693
|
86,343
|
10,693
|
86,343
|
10,693
|
86,343
|
10,693
|
| Cash and Restricted Cash, end of period |
43,283
|
40,804
|
32,284
|
73,056
|
8,668
|
13,506
|
40,804
|
8,668
|
43,283
|
73,056
|
35,007
|
86,343
|
| Non-cash investing and financing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Equity financing fees accrued |
|
|
|
|
|
|
|
|
|
|
0
|
3,602
|
| Common shares issued to preferred shareholders |
|
|
|
|
|
|
|
|
|
|
0
|
56,502
|
| Equity financing fees settled in common shares |
|
|
|
|
|
|
|
|
|
|
0
|
1,863
|
| Common shares issued to warrant holders |
|
|
|
|
|
|
|
|
|
|
0
|
10,663
|
| Common shares issued to option holders pursuant to the Cancellation Agreements |
|
|
|
|
|
|
|
|
|
|
0
|
1,072
|
| Sponsor shares distributed to lender under Backstop Agreement |
|
|
|
|
|
|
|
|
|
|
0
|
683
|
| Supplemental cash flow information: |
|
|
|
|
|
|
|
|
|
|
|
|
| Interest paid |
|
|
|
|
|
|
|
|
|
|
29,199
|
19,874
|
| Taxes paid (net of refunds) |
|
|
|
|
|
|
|
|
|
|
2,119
|
957
|
| As previously reported |
|
|
|
|
|
|
|
|
|
|
|
|
| Cash flows provided by (used in) operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
(13,025)
|
(11,141)
|
(10,907)
|
(4,508)
|
(6,885)
|
(1,081)
|
(22,048)
|
(7,966)
|
(35,073)
|
(12,474)
|
|
(24,453)
|
| Adjustments to reconcile net loss to net cash provided (used in) by operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and amortization |
|
|
13,196
|
|
|
13,114
|
26,970
|
25,507
|
40,679
|
37,947
|
|
50,414
|
| Amortization of deferred financing costs |
|
|
587
|
|
|
524
|
1,188
|
1,047
|
1,806
|
1,569
|
|
2,097
|
| Amortization of discount on Backstop Notes |
|
|
|
|
|
|
|
|
|
|
|
424
|
| Deferred income taxes |
|
|
(3,851)
|
|
|
(1,366)
|
(7,666)
|
(4,308)
|
(10,875)
|
(8,197)
|
|
(9,871)
|
| Non-cash foreign currency loss |
|
|
(3)
|
|
|
(70)
|
489
|
77
|
1,566
|
(163)
|
|
344
|
| Stock-based compensation |
|
|
2,050
|
|
|
315
|
4,551
|
630
|
7,570
|
4,564
|
|
4,564
|
| Provision for doubtful accounts |
|
|
55
|
|
|
(18)
|
183
|
11
|
424
|
117
|
|
322
|
| Change in fair value of warrant liability |
(120)
|
(106)
|
(27)
|
(2,898)
|
41
|
(2,424)
|
(133)
|
(2,383)
|
(253)
|
(5,281)
|
|
(5,267)
|
| Change in operating assets and liabilities, net of operating assets and liabilities acquired: |
|
|
|
|
|
|
|
|
|
|
|
|
| Accounts receivable |
|
|
(2,580)
|
|
|
(1,855)
|
2,421
|
(7,049)
|
11,155
|
(12,792)
|
|
(11,884)
|
| Inventories |
|
|
4,714
|
|
|
(878)
|
6,661
|
(4,089)
|
8,192
|
(6,461)
|
|
(9,875)
|
| Prepaid expenses and other current assets |
|
|
806
|
|
|
(5,375)
|
(769)
|
(9,016)
|
(1,934)
|
(5,054)
|
|
(1,700)
|
| Accounts payable and accrued liabilities |
|
|
(8,428)
|
|
|
(13,311)
|
(2,674)
|
(6,103)
|
(3,756)
|
(2,366)
|
|
(8,371)
|
| Deferred revenue |
|
|
132
|
|
|
(81)
|
872
|
(671)
|
252
|
(911)
|
|
(805)
|
| Income taxes payable |
|
|
199
|
|
|
186
|
269
|
(32)
|
144
|
63
|
|
(697)
|
| Cash provided by (used in) operating activities |
|
|
(3,980)
|
|
|
(12,320)
|
10,691
|
(14,345)
|
20,527
|
(9,439)
|
|
(14,758)
|
| Cash flows (used in) provided by investing activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Additions to intangible assets |
|
|
|
|
|
|
|
|
|
|
|
(9,247)
|
| Additions to property and equipment |
|
|
|
|
|
|
|
|
|
|
|
(4,172)
|
| Cash flows (used in) provided by investing activities |
|
|
(48,503)
|
|
|
(3,091)
|
(53,201)
|
(5,973)
|
(57,974)
|
(9,782)
|
|
(13,419)
|
| Cash flows (used in) provided by financing activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Proceeds from revolving credit facility |
|
|
|
|
|
|
|
|
|
|
|
25,000
|
| Repayment on revolving credit facility |
|
|
|
|
|
|
|
|
|
|
|
(25,000)
|
| Repayment of term loan |
|
|
|
|
|
|
|
|
|
|
|
(3,161)
|
| Repayment of other borrowings - notes payable |
|
|
|
|
|
|
|
|
|
|
|
(173)
|
| Proceeds from convertible debt |
|
|
|
|
|
|
|
|
|
|
|
104,167
|
| Proceeds from equity portion of convertible debt, net of issuance costs |
|
|
|
|
|
|
|
|
|
|
|
15,697
|
| Payment of deferred financing costs |
|
|
|
|
|
|
|
|
|
|
|
(1,579)
|
| Repayment of related party note |
|
|
|
|
|
|
|
|
|
|
|
(1,538)
|
| Proceeds from CTAC and PIPE financing, net of issuance costs |
|
|
|
|
|
|
|
|
|
|
|
223,688
|
| Settlements of preferred shares |
|
|
|
|
|
|
|
|
|
|
|
(229,915)
|
| Payment of capital lease obligations |
|
|
|
|
|
|
|
|
|
|
|
(828)
|
| Payment of stock option share employee withholding taxes |
|
|
|
|
|
|
|
|
|
|
|
(2,305)
|
| Cash (used in) provided by financing activities |
|
|
(1,550)
|
|
|
18,291
|
(2,454)
|
18,375
|
(3,599)
|
81,772
|
|
104,053
|
| Effect of exchange rate change on cash |
|
|
(26)
|
|
|
(67)
|
(575)
|
(82)
|
(2,014)
|
(188)
|
|
(226)
|
| Change in Cash and Restricted cash |
|
|
(54,059)
|
|
|
2,813
|
(45,539)
|
(2,025)
|
(43,060)
|
62,363
|
|
75,650
|
| Cash and Restricted Cash, beginning of period |
40,804
|
32,284
|
86,343
|
8,668
|
13,506
|
10,693
|
86,343
|
10,693
|
86,343
|
10,693
|
$ 86,343
|
10,693
|
| Cash and Restricted Cash, end of period |
43,283
|
40,804
|
32,284
|
73,056
|
8,668
|
13,506
|
40,804
|
8,668
|
43,283
|
73,056
|
|
86,343
|
| Non-cash investing and financing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Equity financing fees accrued |
|
|
|
|
|
|
|
|
|
|
|
3,602
|
| Common shares issued to preferred shareholders |
|
|
|
|
|
|
|
|
|
|
|
56,502
|
| Equity financing fees settled in common shares |
|
|
|
|
|
|
|
|
|
|
|
1,863
|
| Common shares issued to warrant holders |
|
|
|
|
|
|
|
|
|
|
|
10,663
|
| Common shares issued to option holders pursuant to the Cancellation Agreements |
|
|
|
|
|
|
|
|
|
|
|
1,072
|
| Sponsor shares distributed to lender under Backstop Agreement |
|
|
|
|
|
|
|
|
|
|
|
683
|
| Supplemental cash flow information: |
|
|
|
|
|
|
|
|
|
|
|
|
| Interest paid |
|
|
|
|
|
|
|
|
|
|
|
19,874
|
| Taxes paid (net of refunds) |
|
|
|
|
|
|
|
|
|
|
|
957
|
| Adjustments |
|
|
|
|
|
|
|
|
|
|
|
|
| Cash flows provided by (used in) operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
(1,252)
|
351
|
(665)
|
135
|
683
|
(918)
|
|
|
|
|
|
(323)
|
| Adjustments | Income tax adjustments |
|
|
|
|
|
|
|
|
|
|
|
|
| Cash flows provided by (used in) operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
(808)
|
(350)
|
(371)
|
(299)
|
(165)
|
(238)
|
(721)
|
(403)
|
(1,529)
|
(702)
|
|
(732)
|
| Adjustments to reconcile net loss to net cash provided (used in) by operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Deferred income taxes |
|
|
196
|
|
|
238
|
398
|
237
|
1,028
|
293
|
|
323
|
| Change in operating assets and liabilities, net of operating assets and liabilities acquired: |
|
|
|
|
|
|
|
|
|
|
|
|
| Accounts payable and accrued liabilities |
|
|
175
|
|
|
|
323
|
166
|
501
|
409
|
|
409
|
| Adjustments | Indirect tax adjustments |
|
|
|
|
|
|
|
|
|
|
|
|
| Cash flows provided by (used in) operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
(79)
|
(79)
|
(79)
|
(114)
|
(114)
|
(114)
|
(158)
|
(228)
|
(237)
|
(342)
|
|
(457)
|
| Change in operating assets and liabilities, net of operating assets and liabilities acquired: |
|
|
|
|
|
|
|
|
|
|
|
|
| Accounts payable and accrued liabilities |
|
|
79
|
|
|
114
|
158
|
228
|
237
|
342
|
|
457
|
| Adjustments | Other Adjustments |
|
|
|
|
|
|
|
|
|
|
|
|
| Cash flows provided by (used in) operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
$ (365)
|
$ 780
|
(215)
|
$ 548
|
$ 962
|
(566)
|
565
|
396
|
200
|
944
|
|
866
|
| Adjustments to reconcile net loss to net cash provided (used in) by operating activities |
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and amortization |
|
|
(21)
|
|
|
(21)
|
(42)
|
(42)
|
(63)
|
(63)
|
|
(83)
|
| Deferred income taxes |
|
|
359
|
|
|
(259)
|
847
|
694
|
1,264
|
463
|
|
(143)
|
| Change in operating assets and liabilities, net of operating assets and liabilities acquired: |
|
|
|
|
|
|
|
|
|
|
|
|
| Accounts receivable |
|
|
(55)
|
|
|
(55)
|
33
|
(109)
|
(164)
|
(164)
|
|
(218)
|
| Inventories |
|
|
280
|
|
|
|
|
|
|
|
|
|
| Prepaid expenses and other current assets |
|
|
785
|
|
|
1,274
|
105
|
(109)
|
301
|
(51)
|
|
456
|
| Accounts payable and accrued liabilities |
|
|
(337)
|
|
|
(365)
|
(325)
|
(563)
|
(316)
|
(749)
|
|
(914)
|
| Deferred revenue |
|
|
|
|
|
|
(684)
|
|
|
|
|
|
| Income taxes payable |
|
|
$ (412)
|
|
|
$ (8)
|
$ (711)
|
$ (267)
|
$ (1,222)
|
$ (380)
|
|
$ 36
|