Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 1,486 $ 2,202
Restricted cash 1,297 1,298
Trade receivables, net 20,976 26,698
Inventories 38,435 52,909
Loans receivable, current portion   516
Prepaid expenses and other current assets 2,663 1,979
Assets held for sale   325
Total current assets 64,857 85,927
Non-current assets    
Property, plant and equipment, net 52,675 67,937
Right-of-use assets - finance, net 2,437 4,351
Right-of-use assets - operating, net 12,406 740
Investments 1 6,402
Intangible assets, net 92,219 102,714
Loans receivable, net of current portion 1,355 3,703
Deferred tax asset 2,574  
Goodwill 20,751 20,751
Other assets 1,954 1,453
TOTAL ASSETS 251,229 293,978
Current liabilities    
Accounts payable and accrued liabilities 48,984 58,170
Income taxes payable 1,414 979
Deferred revenue 4,040 5,760
Finance lease liability, current portion 1,169 1,075
Operating lease liability, current portion 79 135
Notes payable, current portion 19,197 59,378
Total current liabilities 74,883 125,497
Non-current liabilities    
Finance lease liability, net of current portion 3,355 4,245
Operating lease liability, net of current portion 12,757 701
Notes payable, net of discount, net of current portion 34,287 350
Massachusetts lease liability 40,577 40,022
Deferred tax liability   1,373
Other liabilities 1,233 273
TOTAL LIABILITIES 167,092 172,461
Shareholders' equity    
Common shares, without par value, unlimited shares authorized, 381,463,838 and 377,515,391 issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 856,208 858,143
Additional paid-in capital 225,254 225,127
Warrants 5,835 796
Accumulated other comprehensive income 976 988
Accumulated deficit (1,004,136) (963,703)
TOTAL SHAREHOLDERS' EQUITY 84,137 121,351
Non-controlling interest   166
TOTAL EQUITY 84,137 121,517
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 251,229 $ 293,978