Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOW FROM OPERATING ACTIVITIES    
Net loss $ (3,687) $ (4,113)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,533 2,644
Amortization of debt issuance costs 0 484
Share-based compensation expense 36 101
Provision for doubtful accounts 187 116
Gain on sale leaseback 0 (3,004)
Gain on lease settlement 0 (880)
Unrealized loss on change in fair value of investments 0 28
Reversal of cultivation lease accrual (2,332) 0
Changes in operating assets and liabilities:    
Accounts receivable 589 1,364
Inventory 1,834 1,270
Prepaid expenses and other current assets 759 466
Other assets 90 (387)
Accounts payable and accrued expenses 62 1,488
Operating lease payments (628) 0
Net cash used in operating activities (1,557) (423)
CASH FLOW FROM INVESTING ACTIVITIES    
Purchases of property and equipment 0 (19)
Net cash used in investing activities 0 (19)
CASH FLOW FROM FINANCING ACTIVITIES    
Proceeds from sale leaseback 0 8,991
Principal payments on lease obligations (110) (1,142)
Payments on notes payable (2) (83)
Net cash provided by (used in) financing activities (112) 7,766
Change in cash and cash equivalents (1,669) 7,324
Cash and cash equivalents-beginning of year 2,311 1,098
Cash and cash equivalents -end of period 642 8,422
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid during the period for interest $ 14 $ 1,821