Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net loss $ (4,016) $ (9,196)
Adjustments to reconcile net loss to net cash used in operating activities    
Income from equity method investments   (38)
Stock-based compensation (454) 56
Amortization of debt issuance costs 81 78
Accretion expense 177 341
Short term promissory notes issued 1,692  
Gain on sale of assets (666)  
Gain on settlement of account payable (181)  
Right of use assets 159 191
Deferred income taxes, net   (198)
Change in operating assets and liabilities    
Accounts receivable 300 6,055
Accounts payable and accrued liabilities 1,469 507
Lease liability (185)  
Other assets and liabilities 63 (694)
Operating cash flows from discontinued operations   182
Net cash used in operating activities (1,561) (2,716)
Cash flows from investing activities    
Proceeds from sale of assets 2,320  
Distributions received from equity method investments   37
Net cash provided by investing activities 2,320 37
Cash flows from financing activities    
Proceeds from share issuance, net of share issuance costs   5,383
Repayment of debt (82)  
Repayment of short-term promissory note (173)  
Finance lease principal payments (408) (358)
Payment of acquisition liability (174) (102)
Net cash provided by financing activities (837) 4,923
Increase (decrease) in cash (78) 2,244
Cash at beginning of period 123 905
Cash at end of period 45 3,149
Supplemental cash flow information    
Interest paid 668 $ 977
Supplemental non-cash investing and financing activities    
Settlement of accounts payable and other liabilities for common shares 706  
Debenture principle and interest exchanged for common shares 141  
Convertible debt converted to common shares $ 334