Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.24.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 2,034 $ 2,202
Restricted cash 1,298 1,298
Trade receivables, net 17,919 26,698
Inventories 32,908 52,909
Loans receivable, current portion   516
Prepaid expenses and other current assets 2,115 1,979
Assets held for sale   325
Total current assets 56,274 85,927
Non-current assets    
Property, plant and equipment, net 51,185 67,937
Right-of-use assets - finance, net 2,242 4,351
Right-of-use assets - operating, net 12,296 740
Investments 1 6,402
Intangible assets, net 84,801 102,714
Loans receivable, net of current portion 1,066 3,703
Deferred tax asset 3,657  
Goodwill 17,721 20,751
Other assets 1,945 1,453
TOTAL ASSETS 231,188 293,978
Current liabilities    
Accounts payable and accrued liabilities 49,098 58,170
Income taxes payable 2,564 979
Deferred revenue 6,083 5,760
Finance lease liability, current portion 1,203 1,075
Operating lease liability, current portion 72 135
Notes payable, current portion 17,052 59,378
Total current liabilities 76,072 125,497
Non-current liabilities    
Finance lease liability, net of current portion 3,041 4,245
Operating lease liability, net of current portion 12,743 701
Notes payable, net of discount, net of current portion 35,108 350
Massachusetts lease liability 40,774 40,022
Deferred tax liability   1,373
Other liabilities 1,057 273
TOTAL LIABILITIES 168,795 172,461
Shareholders' equity    
Common shares, without par value, unlimited shares authorized, 384,833,546 and 377,515,391 issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 856,422 858,143
Additional paid-in capital 225,250 225,127
Warrants 5,835 796
Accumulated other comprehensive income 973 988
Accumulated deficit (1,026,087) (963,703)
TOTAL SHAREHOLDERS' EQUITY 62,393 121,351
Non-controlling interest   166
TOTAL EQUITY 62,393 121,517
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 231,188 $ 293,978