Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (62,387) $ 11,268
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization, including amounts in cost of goods sold 15,663 5,285
Share-based compensation 17,114 8,981
Fair value changes in derivatives (63,233) (66,800)
Non-cash interest expense, including amortization of deferred financing costs 15,599 11,593
Deferred income taxes (13,155) (6,571)
Loss on debt modification/extinguishment/redemption 0 3,815
Indefinite-lived asset impairment 37,600 0
Other non-cash items, net 1,890 (1,535)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (69) (812)
Inventory 8,843 (16,202)
Prepaid expenses and other current assets 1,657 (435)
Other assets 966 601
Accounts payable, accrued expenses and other current liabilities 13,313 27,032
Net cash flows used in operating activities (26,199) (23,780)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments for acquisitions, net of cash acquired (20,892) (47,308)
Payments for settlement of contingent consideration liability (3,000) 0
Payments for property, plant and equipment (49,230) (55,285)
Proceeds from investments and financial asset 0 3,252
Net cash flows used in investing activities (73,122) (99,341)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of shares, net 13,680 85,660
Proceeds from exercise of warrants and options 1,248 16,438
Collection of note receivable from employee shareholder 450 0
Proceeds from acquisition facility, net of financing costs of $793 24,207 0
Redemptions of senior notes (including related party redemptions of $8 and $3,072 for nine months ended September 30, 2022 and 2021, respectively) (258) (8,134)
Payments of acquisition promissory notes 0 (1,689)
(Payments of) proceeds from finance leases, net of tenant allowance of $10,065 and $15,146 for the nine months ended September 30, 2022 and 2021, respectively (7,948) (3,343)
Proceeds from other debt 5,233 3,160
Repayments of other debt (532) (298)
Net cash flows provided by financing activities 36,080 91,794
Effect of currency translation on cash and cash equivalents (233) 42
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (63,474) (31,285)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD 95,487 85,857
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 32,013 54,572
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest (excluding capitalized interest) 19,793 10,445
Cash paid for income taxes 11,205 6,082
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Capital expenditures 11,173 4,640
Right of use assets from finance lease liabilities (excluding from acquisitions), net of tenant allowance receivable of $0 and $6,701 for the nine months ended September 30, 2022 and 2021, respectively 2,960 46,142
Debt and equity issued for services received $ 702 $ 0