v3.26.3
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (39,695) $ (53,035)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization, including amounts in cost of goods sold 24,691 23,798
Share-based compensation 991 424
Fair value changes in derivatives (2,886) 5,875
Non-cash interest expense, including amortization of deferred financing costs 5,052 7,213
Deferred income taxes and uncertain tax positions 13,036 26,225
Loss on debt extinguishment/modification 5,016 0
Asset impairment 1,334 0
Loss (gain) on asset disposals 149 (2,712)
Other non-cash items, net [1] 3,424 923
Changes in operating assets and liabilities:    
Accounts receivable 663 (245)
Inventory (1,274) (397)
Prepaid expenses and other current and non-current assets 905 1,087
Accounts payable, accrued expenses and other current liabilities 1,534 2,518
Net cash flows provided by operating activities 12,940 11,674
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments for property, plant and equipment (9,826) (13,003)
Investments in intangible assets (1,670) (1,099)
Proceeds from sale of assets 586 3,950
Net cash flows used in investing activities (10,910) (10,152)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Debt, net 17,483 8,081
Proceeds from exercise of options 5 0
Debt principal paid (11,487) (1,657)
Payments of finance leases (1,820) (1,768)
Payments of loan financing costs (606) 0
Payments of other financing activities (1,361) (1,365)
Net cash flows provided by financing activities 2,214 3,291
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 4,244 4,813
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD 26,616 21,346
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 30,860 26,159
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest (excluding capitalized interest) 21,237 22,581
Cash paid for income taxes 1,130 1,607
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Capital expenditures 1,809 2,758
Right-of-use assets from finance lease liabilities 1,276 3,347
Issuance of promissory notes for acquisitions 1,355 5,909
Warrants issued for Second Lien Notes 0 1,769
Financed insurance premiums 1,373 1,459
Property, plant and equipment from finance lease liabilities 215 991
2026 Term Loan used to settle Second Lien Notes and 2024 Term Loan, and refinancing fees 136,117 0
Debt Original Issue Discount 6,400 532
Mortgage loans used for capital expenditures $ 0 $ 507
[1]
(1) For the nine months ended September 30, 2026, Other non-cash items, net includes $3,305 accrued interest settled by a third-party lender.