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
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOW FROM OPERATING ACTIVITIES    
Net loss $ (7,316) $ (24,283)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,274 4,151
Amortization of debt issuance costs 0 712
Share-based compensation expense 43 193
Provision for doubtful accounts 807 328
Gain on sale leaseback 0 (3,004)
Gain on lease settlement 0 (880)
Gain on sale of asset (185) 0
Unrealized loss on change in fair value of investments 0 28
Impairment expense 0 13,793
Reversal of cultivation lease accrual 2,332 0
Changes in operating assets and liabilities:    
Accounts receivable (443) 1,201
Inventory 2,825 1,944
Prepaid expenses and other current assets 1,221 119
Other assets 90 (387)
Accounts payable and accrued expenses 1,498 3,190
Operating lease payments (955) 0
Net cash used in operating activities (2,473) (2,895)
CASH FLOW FROM INVESTING ACTIVITIES    
Purchases of property and equipment 0 (58)
Proceeds from asset sale 595 0
Net provided by (cash used) in investing activities 595 (58)
CASH FLOW FROM FINANCING ACTIVITIES    
Proceeds from sale leaseback 0 8,991
Principal payments on lease obligations (110) (1,551)
Payments on notes payable (3) (87)
Net cash provided by (used in) financing activities (113) 7,353
Change in cash and cash equivalents (1,991) 4,400
Cash and cash equivalents-beginning of year 2,311 1,098
Cash and cash equivalents -end of period 320 5,498
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid during the period for interest 17 2,780
OTHER NONCASH INVESTING AND FINANCING ACTIVITIES    
Purchase of property and equipment not yet paid for $ 0 $ 26