v3.24.1.u1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Loss $ (14,130) $ (188,656)
Less: Net Loss from Discontinued Operations (311) (4,746)
Net Loss from Continuing Operations (13,819) (183,910)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Deferred Income Tax Expense (Benefit) 112 (6,123)
Bad Debt Expense 462 2,560
Loss on Sale of Investments 61 0
Gain on Extinguishment of Debt (5,441) (542)
Non-Cash Interest Expense 344 1,326
Gain on Disposal of Assets 1,607 (13,432)
Depreciation and Amortization 1,940 8,898
Amortization of Operating Lease Right-of-Use Asset 1,722 2,050
Stock-Based Compensation 2,435 4,919
Unrealized Gain on Investments (667) (210)
Impairment Loss 0 163,698
Other (70) 0
Change in Operating Assets and Liabilities:    
Accounts Receivable (1,153) 1,140
Inventory (45) 4,016
Prepaid Expenses and Other Current Assets 9 282
Other Assets 268 4,798
Accounts Payable and Accrued Expenses 12,513 7,396
Operating Lease Liabilities (1,243) (3,304)
Net Cash Used in Operating Activities - Continuing Operations (965) (6,438)
Net Cash Used in Operating Activities - Discontinued Operations (374) (1,511)
NET CASH USED IN OPERATING ACTIVITIES (1,339) (7,949)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of Property and Equipment (321) (1,804)
Proceeds from Notes Receivable 634 375
Proceeds from Sale of Investments 149 0
Proceeds from Sale of Assets 0 450
Net Cash Provided by (Used in) Investing Activities - Continuing Operations 462 (979)
Net Cash Provided by Investing Activities - Discontinued Operations 0 20,709
NET CASH PROVIDED BY INVESTING ACTIVITIES 462 19,730
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments of Debt Principal (1,431) (21,650)
Proceeds from Issuance of Preferred Stock 1,970 4,375
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 539 (17,275)
NET CHANGE IN CASH (338) (5,494)
Cash at Beginning of Period 1,200 6,697
Cash Reclassed to Discontinued Operations 0 (3)
CASH AT END OF PERIOD 862 1,200
SUPPLEMENTAL DISCLOSURE FOR OPERATING ACTIVITIES:    
Cash Paid for Interest 197 1,590
SUPPLEMENTAL DISCLOSURE FOR NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Accrued Interest Converted into Principal 1,896 0
Net Assets Transferred to Assets Held For Sale (106) 0
UMBRLA, Inc. [Member]    
SUPPLEMENTAL DISCLOSURE FOR NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Issuance of Shares 0 23
Purchase Options [Member]    
SUPPLEMENTAL DISCLOSURE FOR NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Issuance of Shares 0 1,500
Debt Principal and Accrued Interest Converted into Common Stock [Member]    
SUPPLEMENTAL DISCLOSURE FOR NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Debt Principal and Accrued Interest Converted into Common Stock $ 0 $ 75

Source

PDF HTML
10-K Filing
ZIP XLS HTML
XBRL