Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 2,815 $ 2,202
Restricted cash 1,298 1,298
Trade receivables, net 26,086 26,698
Inventories 36,826 52,909
Loans receivable, current portion   516
Prepaid expenses and other current assets 1,698 1,979
Assets held for sale   325
Total current assets 68,723 85,927
Non-current assets    
Property, plant and equipment, net 54,319 67,937
Right-of-use assets - finance, net 2,631 4,351
Right-of-use assets - operating, net 12,518 740
Investments 2 6,402
Intangible assets, net 95,457 102,714
Loans receivable, net of current portion 1,355 3,703
Deferred tax asset 1,008  
Goodwill 20,751 20,751
Other assets 1,454 1,453
TOTAL ASSETS 258,218 293,978
Current liabilities    
Accounts payable and accrued liabilities 43,147 58,170
Income taxes payable 1,826 979
Deferred revenue 5,404 5,760
Finance lease liability, current portion 1,136 1,075
Operating lease liability, current portion 81 135
Notes payable, current portion 11,532 59,378
Total current liabilities 63,126 125,497
Non-current liabilities    
Finance lease liability, net of current portion 3,663 4,245
Operating lease liability, net of current portion 12,776 701
Notes payable, net of discount, net of current portion 45,504 350
Massachusetts lease liability 40,386 40,022
Deferred tax liability   1,373
Other liabilities 1,413 273
TOTAL LIABILITIES 166,868 172,461
Shareholders' equity    
Common shares, without par value, unlimited shares authorized, 378,528,861 and 377,515,391 issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 856,044 858,143
Additional paid-in capital 225,228 225,127
Warrants 5,835 796
Accumulated other comprehensive income 983 988
Accumulated deficit (995,473) (963,703)
TOTAL SHAREHOLDERS' EQUITY 92,617 121,351
Non-controlling interest (1,267) 166
TOTAL EQUITY 91,350 121,517
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 258,218 $ 293,978