v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities:    
Net loss for the six months ended $ (7,071) $ (20,629)
Net loss from discontinued operations (1,000)
Net loss from continuing operations (7,071) (19,629)
Adjustments to reconcile net loss to net cash flows used in operating activities:    
Depreciation of property and equipment 391 1,053
Amortization of intangible assets 14 2
Credit loss allowance 464
Provision for litigation expenses 1,034 4,871
Fair value gain of warrant liability (59)
Stock-based compensation expense 550 4,042
Benefit for current and deferred income taxes 1 (55)
Net losses on disposal/write-offs of property, plant and equipment and intangible assets 12,733
Provision for inventories (34) 239
Net periodic cost of defined benefit obligation 9
Changes in operating assets and liabilities:    
Decrease/(increase) in accounts receivable 470 (586)
(Increase) in due from related parties
Decrease/(increase) in contract assets 6 9
Decrease/(increase) in inventories 42 (159)
Increase in prepaid expenses and other current assets 6 (444)
Decrease in other non-current assets 3
(Decrease)/increase in trade payables 524 1,744
(Decrease)/increase in due to related parties 82 (162)
(Decrease)/increase in deferred income from grants 1,310 (832)
Increase in loss contingency liability 172 292
(Decrease)/increase in contract liabilities 506 255
(Decrease)/increase in other current liabilities 374 (119)
Decrease in other long-term liabilities
Operating lease asset and liabilities (7,208)
Net Cash provided by / (used in) Operating Activities from continuing operations (1,159) (4,001)
Cash Flows from Investing Activities:    
Proceeds from sale of property and equipment 300
Purchases of property and equipment (5) (28)
Purchases of intangible assets (24)
Net Cash provided by / (used in) Investing Activities from continuing operations (29) 272
Cash Flows from Financing Activities:    
Issuance of common stock 282
Repayments of debt (1,442)
Proceeds from borrowings 2,335
Net Cash provided by Financing Activities from continuing operations 893 282
Net decrease in cash and cash equivalents from continuing operations (295) (3,447)
Effect of exchange rate changes on cash and cash equivalents 11 7
Net cash provided by / (used in) discontinued operations:    
Cash used in operating activities (816)
Cash used in investing activities
Cash provided by financing activities 540
Net cash used in discontinued operations (276)
Net decrease in cash and cash equivalents (306) (3,730)
Cash and cash equivalents at the beginning of the period 381 4,412
Cash and cash equivalents at the end of the period 75 682
Non-cash operating activities:    
Transfer of loss contingency liability to other long-term liabilities $ 5,203