Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net loss $ (8,150) $ (9,765)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 10,560 10,607
Amortization of debt issuance costs, discounts and premiums 735 739
Non-cash change in right-of-use ("ROU") operating lease assets 548 707
Non-cash amortization of prepaid insurance 2,272 2,377
Stock-based compensation, net 205 (217)
Loss on disposal of assets 0 6
Impairment of assets held for sale at Stockman's 0 212
Provision for credit losses 8 26
Deferred income taxes 121 207
Increases and decreases in operating assets and liabilities:    
Accounts receivable 315 196
Prepaid expenses, inventories and other (888) (1,020)
Operating lease liabilities (476) (444)
Contract liabilities (1,452) (2,213)
Accounts payable and other liabilities (7,591) (8,506)
Net cash used in operating activities (3,793) (7,088)
Cash flows from investing activities:    
Capital expenditures, net of changes in payables (2,730) (2,880)
Net cash used in investing activities (2,730) (2,880)
Cash flows from financing activities:    
Payment of debt issuance costs and extension fees (51) (139)
Borrowings under revolving credit facility 5,000 6,500
Repayment of revolving credit facility borrowings (5,000) (3,500)
Repayments of insurance financing (2,272) (2,377)
Repayment of finance lease obligations (439) (447)
Proceeds from exercise of stock options 95 485
Tax withholding on vesting of equity awards (38) 0
Repayment of note payable for asset acquisition (74) (67)
Net cash (used in) provided by financing activities (2,779) 455
Net decrease in cash and cash equivalents (9,302) (9,513)
Cash and cash equivalents, beginning of period 40,670 40,221
Cash and cash equivalents, end of period 31,368 30,708
Supplemental disclosure of cash flow information:    
Cash paid for interest, net of amounts capitalized 19,151 19,049
Income tax refund received 408  
Payables and accruals incurred for capital expenditures 165 726
Accrued liability related to asset acquisition 659 2,960
Right-of-use assets obtained in exchange for lease liabilities: Operating leases $ 1,161  
Right-of-use asset and liability remeasurements: Operating leases   $ (112)