v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Cash provided by operating activities        
Net loss for the period $ (20,471) $ (15,637) $ (38,578) $ (30,770)
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 11,039 11,654 22,013 23,320
Amortization of debt discount and issuance costs 1,159 1,174 2,312 2,341
(Gain) loss on disposition of property and equipment (48) (1,788) 828 (1,788)
Impairment of property and equipment 334 435 614 639
Deferred income taxes (recovery) (20) (231) 23 (422)
Accretion of redeemable preferred units 5,429 0 10,418 0
Stock-based compensation expense 1,164 1,386 2,258 2,890
Change in non-cash operating working capital        
Accounts receivable 4,719 (104) 1,422 (3,346)
Prepaid expenses and deposits (3,086) (3,098) 3,677 (2,223)
Deferred costs of fulfillment 1,662 2,031 (3,080) (1,986)
Accounts payable & accrued liabilities 3,254 6,766 1,654 (3,855)
Contract liabilities (2,443) 363 2,416 5,901
Other operating assets and liabilities (756) 3,615 (517) 4,614
Net cash provided by (used in) operating activities 1,936 6,566 5,460 (4,685)
Financing activities:        
Proceeds received on exercise of stock options 0 31 0 31
Repayment of syndicated revolver 0 0 0 (2,500)
Net cash provided by (used in) financing activities 0 31 0 (2,469)
Investing activities:        
Proceeds on disposal of property and equipment 1,358 10,670 1,936 11,636
Additions to property and equipment (5,054) (3,468) (10,582) (8,905)
Acquisition of intangible assets 25 (213) (856) (213)
Net cash provided by (used in) investing activities (3,671) 6,989 (9,502) 2,518
Increase (decrease) in cash and cash equivalents, restricted cash, and restricted cash equivalents (1,735) 13,586 (4,042) (4,636)
Cash and cash equivalents, restricted cash, and restricted cash equivalents beginning of period 61,938 55,016 64,245 73,238
Cash and cash equivalents, restricted cash, and restricted cash equivalents end of period 60,203 68,602 60,203 68,602
Reconciliation of cash, cash equivalents, restricted cash, and restricted cash equivalents within the interim consolidated balance sheets to the amounts shown in the interim consolidated statements of cash flows above:        
Cash and cash equivalents 44,164 52,020 44,164 52,020
Restricted cash included in funds held by trustee 5,019 4,640 5,019 4,640
Restricted cash included in secured notes reserve funds 11,020 11,942 11,020 11,942
Total cash and cash equivalents, restricted cash, and restricted cash equivalents end of period 60,203 68,602 60,203 68,602
Supplemental cash flow information:        
Interest paid 7,954 8,475 16,334 26,807
Income taxes paid, net 3,279 2,092 7,287 3,391
Supplementary disclosure of non-cash investing and financing activities:        
Property and equipment acquired during the period not yet paid for $ 711 $ 1,610 $ 711 $ 1,610