v3.22.2.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (210,792) $ (36,312)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 11,860 2,671
Amortization of intangibles 15,039 4,262
Amortization of debt discount 7,335 2,016
Amortization of note receivable discount (63) (237)
Stock-based compensation and expense, net of forfeitures (1,914) 9,833
Fair value adjustment to liability for stock appreciation rights (269) 2,543
Fair value adjustment to financial instrument liabilities 17,912 0
Fair value adjustment to warrant liabilities (7,369) (0)
Loss (gain) on extinguishment of debt and debt modifications 29,354 (2,400)
Gain on sale of business (299) 0
(Recovery of) provision for bad debt (497) 65
Deferred income taxes 6 (11,176)
Impairment of goodwill and intangible assets 100,275 0
Impairment of financing leased assets 4,467 0
Inventory reserve (3) (291)
Gain on sale of assets (391) (15)
Non-cash unrealized foreign currency loss (1) 233
Liquidated damages from debt 2,271 0
Change in operating assets and liabilities, net of acquisition:    
Trade accounts receivable 466 (5,396)
Inventories 334 (189)
Contract assets (14,940) (2,077)
Prepaid expenses and other current assets 1,993 1,944
Right of use assets/lease liabilities, net 415 (21)
Deposits and other assets (29) (259)
Accounts payable 24,688 (2,529)
Accrued expenses 12,182 1,950
Contract liabilities (5,385) (1,421)
NET CASH USED IN OPERATING ACTIVITIES (13,355) (36,806)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid for acquisitions, net of cash received (773) (36,890)
Cash paid for working capital adjustment on Front Line Power acquisition (9,500) 0
Purchases of property and equipment (3,722) (6,594)
Deposits on financing lease property and equipment 128 (481)
Proceeds from sale of businesses, net of cash included in the business 1,026 0
Proceeds from sale of property and equipment and businesses 483 93
Purchases of investments (469) 0
Purchase of other intangible assets (74) (702)
Proceeds from notes receivable 3,500 621
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (9,401) (43,953)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from line of credit 3,500 0
Payments on line of credit (2,000) (441)
Payments on financing lease obligations (3,810) (897)
Proceeds from notes payable 41,150 19,400
Payments on notes payable (35,530) (7,490)
Proceeds from sales of common stock and warrants 20,272 78,046
NET CASH PROVIDED BY FINANCING ACTIVITIES 23,582 88,618
Effect of exchange rate changes on cash (298) (28)
Net increase in cash, cash equivalents and restricted cash 528 7,831
Cash, cash equivalents and restricted cash at beginning of period 28,041 4,524
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 28,569 12,355
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Income taxes paid (net refunded) 109 (439)
Interest paid 20,623 851
Non-cash investment in acquisitions including seller notes, equity issued and contingent consideration 146 19,476
Equipment purchased with debt 712 715
Accrued property and equipment purchases $ 9 $ 882