v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Cash flows from operating activities:      
Net loss $ (14,817) $ (12,440)  
Adjustments to reconcile net loss to cash (used in) provided by operating activities:      
Stock based compensation 241 344  
Depreciation, depletion, accretion and amortization 17,167 21,146  
Amortization of debt origination costs 186 142  
Bad debt (recoveries) expense (99) 10,125  
Gain on disposal of property and equipment (593) (615)  
Deferred income taxes 3,481 (5,061)  
Other 535 558  
Changes in assets and liabilities:      
Accounts receivable, net (3,898) 23,437  
Receivables from related parties (225) (14,611)  
Inventories (1,992) 664  
Prepaid expenses and other assets 3,404 3,105  
Other current assets - related parties 0 (2,228)  
Accounts payable 1,041 (4,285)  
Accrued expenses and other liabilities (7,013) (8,516)  
Income taxes payable 201 2,469  
Net cash (used in) provided by operating activities (2,381) 14,234  
Cash flows from investing activities:      
Purchases of property and equipment (1,182) (1,148)  
Proceeds from disposal of property and equipment 1,038 1,457  
Net cash (used in) provided by investing activities (144) 309  
Cash flows from financing activities:      
Borrowings on long-term debt 37,550 1,500  
Repayments of long-term debt (35,317) (15,617)  
Payments on sale leaseback transaction (868) (330)  
Principal payments on financing leases and equipment financing notes (629) (577)  
Net cash provided by (used in) financing activities 736 (15,024)  
Effect of foreign exchange rate on cash 8 25  
Net change in cash and cash equivalents (1,781) (456)  
Cash and cash equivalents at beginning of period 9,899 14,822 $ 14,822
Cash and cash equivalents at end of period 8,118 14,366 $ 9,899
Supplemental disclosure of cash flow information:      
Cash paid for interest 1,754 1,093  
Cash paid for income taxes, net of refunds received 6 (32)  
Supplemental disclosure of non-cash transactions:      
Purchases of property and equipment included in accounts payable and accrued expenses $ 1,707 $ 1,964  

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