Purchases of
marketable
securities (471,604) -- --
Sales of marketable
securities 175,818 -- --
Purchase of equipment
and facility
expansion (34,197) (1,846) (5,192)
-------- -------- -------
Net cash flows used in
investing activities (329,983) (1,738) (5,191)
Cash flows from
financing activities
Payments on finance
leases (52) (32) (30)
Proceeds from
Business Combination,
including PIPE
financing, net of
associated costs of
$37,856 -- 542,503 --
Borrowings under
related party notes
payable -- 35,000 --
Repurchase of Class A
ordinary shares (9,499) -- --
Repayment of related
party notes payable -- (35,000) --
Net cash contribution -- 6,050 71,500
-------- -------- -------
Net cash flows (used in)
provided by financing
activities (9,551) 548,521 71,470
Net change in cash and
cash equivalents (429,603) 469,694 15,980
Cash, beginning of period 490,252 20,558 4,578
-------- -------- -------
Cash, end of period $ 60,649 $ 490,252 $ 20,558
======== ======== =======
Supplemental cash flow
information:
Cash paid during the
period for income
taxes, net of
refunds $ 2,857 $ 1,950 $ 68
======== ======== =======
Supplemental disclosure
of non-cash investing
and financing
activities:
Right of use assets
obtained in exchange
for lease
obligations $ 2,594 $ 1,491 $ --
======== ======== =======
Exchange of Class B
ordinary shares $ 9,500 $ -- $ --
======== ======== =======
Impact of equity
transactions and
compensation on
redeemable
noncontrolling
interest $ 2,577 $ 5,828 $ --
======== ======== =======
Change in redemption
value of
noncontrolling
interest $ 79 $ --
======== ======== ========
Equipment and facility
expansion included in
accounts payable and
accrued expenses $ 218 $ 51 $ 1,295
======== ======== =======
(END) Dow Jones Newswires
March 21, 2024 19:49 ET (23:49 GMT)
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