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
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) for the three months ended June 30, 2021 $ (7,691) $ (28,414)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization, including amounts in cost of goods sold 7,603 3,057
Share-based compensation 11,648 6,747
Fair value changes in derivatives (56,881) (11,741)
Non-cash interest expense, including amortization of deferred financing costs 10,402 7,672
Deferred income taxes (2,133) (652)
Loss on debt modification/extinguishment/redemption 0 3,815
Gain on investments and financial assets 0 (1,191)
Other non-cash items, net (60) (929)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 442 (119)
Prepaid expenses and other current assets (491) (1,264)
Inventory 7,533 (9,029)
Accounts payable, accrued expenses and other current liabilities 3,593 18,664
Other assets 324 247
Net cash flows used in operating activities (25,711) (13,137)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments for acquisitions, net of cash acquired (20,824) (5,160)
Payments for property, plant and equipment (40,917) (41,483)
Proceeds from investments and financial asset 0 3,252
Net cash flows used in investing activities (61,741) (43,391)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issuance of shares for cash, net 13,680 85,660
Proceeds from exercise of warrants and options 751 12,981
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 six months ended June 30, 2022 and 2021, respectively) (258) (8,134)
Payments on promissory notes 0 1,500
(Payments) receipts on finance leases, net of tenant allowance of $10,065 and $4,738 for the six months ended June 30, 2022 and 2021, respectively (6,555) 364
Proceeds from other debt 4,353 2,313
Repayments of other debt (164) 0
Net cash flows provided by financing activities 36,014 91,684
Effect of currency translation on cash and cash equivalents (238) (132)
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (51,676) 35,024
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD 95,487 85,857
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 43,811 120,881
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest (excluding capitalized interest) 10,699 6,215
Cash paid for income taxes 8,542 5,699
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Capital expenditures 7,453 2,846
Right of use assets from finance lease liabilities (excluding from acquisitions), net of tenant allowance receivable of $0 and $8,007 for the six months ended June 30, 2022 and 2021, respectively (2021, as restated, see Note 2) 4,701 42,697
Fair value of note obligations from acquisitions and acquisitions of non-controlling interests 19,782 2,429
Fair value of shares issued for acquisitions and acquisitions of non-controlling interests 15,167 368
Debt and equity issued for services received $ 634 $ 0