← Lumexa Imaging Holdings, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||||
| Net loss | $48.1m | ($28.7m) | ($89.5m) | ($110k) | ($166k) | ($195.9m) | ($84.6m) | ($53.6m) | ($41.0m) | ($53.9m) | — | |
| Add: Net loss from discontinued operations | $30.9m | $22.1m | $94.1m | $22.5m | $0 | — | — | — | — | — | — | |
| Net income (loss) for the year | — | — | — | — | — | $11.8m | ($753k) | — | — | — | — | |
| Depreciation and amortization | — | $42k | $161k | $3k | $5k | $787k | $1.7m | $2.5m | $3.9m | $3.9m | $56.5m | |
| Amortization of right-of-use assets | — | — | — | — | — | — | — | — | — | $147k | — | |
| Non-cash expenses including depreciation, amortization and share-based compensation | $12.6m | $8.4m | $6.2m | $7.8m | $8.7m | $8.2m | ($112k) | ($1.0m) | ($5.3m) | — | — | |
| Depreciation expense | $47.4m | $54.2m | $74.0m | $102.9m | $113.3m | $91.4m | $81.6m | $106.6m | $110.6m | $104.3m | $56.5m | |
| Amortization and write-off of acquired intangible assets | — | — | — | — | — | $85.7m | $85.5m | $149.0m | $179.7m | $152.4m | — | |
| Amortization of debt discount and debt issuance costs | $0 | $5.1m | $16.7m | $18.5m | $39.6m | $60.2m | $72.4m | $24.3m | $14.6m | $3.0m | — | |
| Amortization of inventory fair value adjustment in connection with acquisition | — | $0 | $0 | $54.6m | $5.8m | $0 | $0 | $17.8m | $8.3m | $0 | — | |
| Amortization of acquired intangibles | $7.2m | $6.8m | $3.2m | $54.6m | $78.6m | $85.7m | $85.5m | — | — | — | — | |
| Amortization of inventory fair value adjustment in connection with Oclaro acquisition | — | — | $0 | $54.6m | $5.8m | — | — | — | — | — | — | |
| Amortization of debt issuance costs on term loan | — | $0 | $0 | $800k | — | — | — | — | — | — | — | |
| Amortization of favorable/unfavorable leases | — | $0 | $0 | $500k | — | — | — | — | — | — | — | |
| Deferred tax liabilities | — | — | — | — | — | — | — | ($229k) | ($931k) | ($2.7m) | — | |
| Share-based compensation | $24.9m | $4.5m | $11.4m | $3.8m | $3.4m | $41.6m | $39.3m | $12.0m | $10.9m | $25.4m | $47.5m | |
| Share-based purchase price consideration in connection with the Cloud Light acquisition | — | — | — | — | — | — | $0 | $0 | $23.5m | $0 | — | |
| Excess tax benefit associated with stock-based compensation | $0 | ($3.8m) | $0 | $0 | — | — | — | — | — | — | — | |
| Share-based compensation (note 8(c)) | — | — | — | — | — | $4.1m | $5.9m | — | — | — | $47.5m | |
| Impairment of other receivables | — | — | — | — | — | — | — | $8.8m | — | — | — | |
| Impairment of prepaid expenses and other current assets | — | — | — | — | — | $4.2m | $22.9m | $23.3m | — | $392k | — | |
| Impairment of intangible assets | — | — | — | — | — | — | — | $0 | $0 | $16.9m | — | |
| Impairment of goodwill | — | $0 | $0 | $74.1m | — | $143.7m | $0 | $0 | — | — | — | |
| Impairment of other non-current assets | — | — | — | $0 | $0 | $4.2m | — | — | — | — | — | |
| Net impairment losses recognized in earnings | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Impairment charges | — | $0 | $0 | $30.7m | — | — | — | — | — | — | — | |
| Total other-than-temporary impairment losses | $0 | $0 | $5.8m | $165k | $2.5m | $0 | — | — | — | — | — | |
| Purchases of equity method investments | — | — | — | $0 | ($39.6m) | ($44.0m) | ($55.6m) | ($12.6m) | ($9.8m) | — | — | |
| Proceeds from sale and redemption of equity method investments | — | — | — | $0 | $1.6m | $6.8m | $61.2m | $20.2m | $8.7m | — | — | |
| Accounts receivable | ($21.8m) | ($1.1m) | ($229k) | $1.0m | ($194k) | $20.2m | ($49.2m) | $83.2m | $72.3m | ($58.7m) | ($2.9m) | |
| Inventories | ($3.1m) | ($67.2m) | $30.1m | $44k | $2.0m | ($404k) | $373k | ($35k) | $35k | ($35k) | — | |
| Write down of inventory | — | — | — | $17.8m | — | — | — | — | — | — | — | |
| Write-offs of inventory related to Ji'nan Dealership | — | — | $5.9m | — | — | — | — | — | — | — | — | |
| Provision for inventory | — | — | $200k | — | — | — | — | — | — | — | — | |
| Accounts payable | $28.9m | ($13.6m) | ($2.4m) | ($847k) | ($3.0m) | ($111k) | ($38k) | $106k | ($93k) | $69.2m | $4.2m | |
| Issuance of shares to settle payables for sales incentive | — | — | — | — | — | — | — | $3.9m | $988k | — | — | |
| Unpaid property, plant and equipment in accounts payable and accrued expenses | $13.1m | $18.4m | $17.2m | $14.3m | $12.3m | $10.6m | $3.4m | $9.8m | $12.8m | $43.4m | — | |
| Accounts payable and accrued liabilities | — | — | — | — | — | $1.6m | $1.9m | — | — | $27k | $4.2m | |
| Accrued expenses and other current liabilities | — | $4.1m | $395k | ($22k) | $1k | $1.3m | $2.0m | $2.8m | $865k | ($250k) | — | |
| Accrued investment income | ($3.5m) | $1.1m | $752k | $9.5m | $7.3m | $5.4m | $1.2m | ($387k) | $981k | — | — | |
| Unearned premiums | $75.3m | $23.0m | ($25.1m) | ($560.6m) | ($77.8m) | ($43.4m) | ($32.7m) | ($20.8m) | ($16.4m) | — | — | |
| Accrued expenses and other liabilities | $27.3m | ($31.2m) | ($14.2m) | ($33.6m) | ($15.5m) | ($6.5m) | $18.2m | ($33.1m) | $49.9m | — | — | |
| Accrued payroll and related expenses | $9.2m | $1.0m | $3.9m | ($100k) | $11.1m | $900k | $300k | ($36.3m) | ($8.9m) | $22.0m | — | |
| Accrued expenses and other current and non-current liabilities | ($500k) | $6.2m | $11.9m | $10.9m | ($20.3m) | $7.5m | $4.1m | $14.8m | ($16.1m) | ($21.8m) | — | |
| Prepayment for vehicle purchase and other current assets | — | ($20.0m) | ($23.0m) | $1.2m | ($437k) | ($6.1m) | $355k | $1.7m | $25k | $8k | — | |
| Write-offs of prepaid expenses and other current assets | — | — | — | $22.3m | — | — | — | — | — | — | — | |
| Other assets | ($45.7m) | $21.9m | $68.4m | ($5.2m) | ($3.9m) | ($1.8m) | ($1.9m) | $1.9m | $1.8m | ($35.1m) | — | |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||||
| Purchase of property and equipment, net | ($82.0m) | ($21k) | ($764k) | ($68k) | ($86.0m) | ($84.8m) | ($59k) | ($396k) | ($18k) | ($231.0m) | ($27.8m) | |
| Loss from the disposal of property and equipment | $600k | $200k | $8k | $503k | $68k | $8k | ($3.0m) | $8.6m | $2.6m | $5.2m | — | |
| Purchases of other investments | ($172k) | ($986k) | ($18.4m) | ($8.8m) | ($33.6m) | ($55.2m) | ($39.9m) | ($48.9m) | ($28.0m) | — | — | |
| Proceeds from sale and redemption of other investments | $1.5m | $11.7m | $2.2m | $858k | $1.9m | $832k | $4.4m | $17.6m | $68.9m | — | — | |
| Investments transferred out | $0 | $0 | $176.9m | $1.4b | $0 | — | — | — | — | — | — | |
| Proceeds from maturities and sales of short-term investments | $0 | $8.2m | $600.5m | $251.6m | $423.5m | $2.1b | $973.6m | $1.1b | $1.0b | $464.7m | — | |
| Payment for asset acquisitions | — | $0 | $0 | ($1.3m) | ($4.0m) | ($10.0m) | $0 | $0 | — | — | — | |
| Net cash (used in) provided by investing activities | ($578.1m) | $162.4m | $99.0m | $1.2m | ($290k) | $4.3m | ($156k) | ($3.1m) | $77.7m | ($84.1m) | — | |
| Net cash provided by investing activities for continuing operations | ($478.3m) | ($312.3m) | ($72.0m) | $919.3m | $596.0m | — | — | — | — | — | ($25.5m) | |
| Net cash used in investing activities for discontinued operations | ($99.8m) | ($47.5m) | $104.9m | ($6.1m) | $0 | — | — | — | — | — | ($25.5m) | |
| Net cash flows from (used in) investing activities | — | — | — | — | — | ($1.7m) | ($3.8m) | — | — | — | — | |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||||
| Borrowings from related parties | — | $35.6m | $159.9m | $115.0m | $2.1m | — | — | — | $286k | — | — | |
| Repayment of borrowings to related parties | — | ($75.2m) | ($143.4m) | ($4.6m) | — | — | — | — | — | ($60k) | — | |
| Borrowings from third parties | — | — | — | — | — | — | — | — | — | $1.1m | — | |
| Repayment of borrowings | — | ($14.1m) | ($107.5m) | ($51.2m) | ($3.2m) | — | — | — | — | — | — | |
| Proceeds from borrowings | — | $92.5m | $71.6m | $18.2m | $1.0m | — | — | — | $0 | $76.5m | — | |
| Redemption of junior subordinated debt | $0 | — | — | — | — | — | — | — | — | — | — | |
| Loss on early extinguishment of debt | — | — | $0 | $0 | $8.0m | $0 | $0 | — | — | — | — | |
| Repurchase of common stock pending settlement | — | — | — | $0 | $0 | $5.0m | $10.1m | $0 | $0 | — | — | |
| Issuance of common stock upon conversion of Series A Preferred Stock | — | $0 | $0 | $79.4m | $0 | $0 | — | — | — | — | $434.9m | |
| Issuance of common stock and replacement awards in connection with Oclaro acquisition | — | $0 | $0 | $460.1m | $0 | $0 | — | — | — | — | $434.9m | |
| Dividends paid – Maiden common shares | ($43.1m) | ($51.6m) | ($41.6m) | $0 | — | — | — | — | — | — | — | |
| Dividends paid – preference shares | ($33.8m) | ($29.2m) | ($25.6m) | $0 | — | — | — | — | — | — | — | |
| Payment of dividends - Series A Preferred Stock | ($500k) | ($900k) | ($700k) | ($700k) | $0 | $0 | — | — | — | — | — | |
| Cumulative dividends on Series A preferred stock | $1 | — | — | — | — | — | — | — | — | — | — | |
| Payment of withholding taxes related to net share settlement of restricted stock units | — | $0 | $0 | ($2.4m) | ($14.0m) | ($39.7m) | ($39.0m) | ($37.2m) | ($24.0m) | ($41.7m) | — | |
| Net cash (used in) provided by financing activities | ($76.8m) |
($59.7m)
+22.20%
|
($138.6m)
-132.09%
|
($318k)
+99.77%
|
$2.1m
+770.44%
|
$2.0m
-6.19%
|
($11.0m)
-649.15%
|
($3.0m)
+72.55%
|
($3.7m)
-23.88%
|
$41.8m
+1219.14%
|
— | |
| Net cash flows from (used in) financing activities | — | — | — | — | — | $58.1m |
($19.4m)
-133.29%
|
— | — | — | — | |
| (Increase) decrease in restricted cash and cash equivalents | $138.9m | ($19.0m) | — | — | — | — | — | — | — | — | — | |
| Net increase (decrease) in cash and cash equivalents | ($43.9m) | $22.2m | $124.4m | — | — | — | — | — | — | — | — | |
| Increase (decrease) in cash and cash equivalents | — | — | — | — | — | $76.2m | ($21.4m) | — | — | — | — | |
| Cash and cash equivalents at beginning of year | $110.4m | $35.0m | $64.4m | $18k | $4k | $607k | $5.3m | $7.1m | $2.1m | $2.4m | $7.3m | |
| Cash and cash equivalents and restricted cash and cash equivalents, beginning of year | $332.5m | $149.5m | $191.5m | $337.1m | $107.3m | — | — | — | $18k | $18k | — | |
| Cash and cash equivalents – beginning of year | — | — | — | — | $22.6m | $22.6m | $102.2m | — | — | — | — | |
| Cash and restricted cash and equivalents, end of year, excluding held-for-sale | — | — | — | — | — | — | — | $42.7m | $34.7m | — | — | |
| Restricted cash and cash equivalents, end of year | $69.1m | $94.9m | $130.1m | $59.1m | $61.8m | $39.4m | $15.6m | $7.3m | $9.1m | — | — | |
| Effect of exchange rate changes on cash and cash equivalents | — | $469k | ($1.3m) | $144k | ($104k) | $492k | ($1.0m) | ($790k) | ($1.2m) | $10k | — | |
| Effect of exchange rate changes on foreign currency cash | $1.8m | $3.7m | ($1.6m) | ($200k) | $4.4m | ($470k) | ($1.3m) | $335k | ($1.1m) | — | — | |
| Effect of exchange rates on cash and cash equivalents | $1.6m | ($200k) | $100k | — | — | — | — | — | — | — | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Fair value change of warrants | — | — | — | — | — | ($2.0m) | ($316k) | $208k | ($210k) | ($22k) | — | |
| Foreign currency exchange gain | — | — | — | — | ($86k) | $432k | ($139k) | ($10k) | — | ($5k) | — | |
| Share of equity loss | — | — | — | $0 | ($5.1m) | ($7.7m) | $205k | ($7.8m) | ($1.7m) | $41k | — | |
| Provision for dealership settlement | — | — | — | — | — | $11.1m | $15.1m | — | $571k | — | — | |
| Provision for sales incentive | — | — | — | — | — | — | $1.6m | $2.7m | $988k | — | — | |
| Loss (gain) on disposal of subsidiaries | — | — | — | — | — | — | ($1.6m) | ($64k) | $23.0m | $7.8m | — | |
| Financial expenses | — | — | — | — | — | — | $1.1m | $32k | — | — | — | |
| Interest expenses of convertible note in interest method | — | — | — | — | — | $22k | $683k | $493k | $331k | $3k | — | |
| Amount due from related parties | — | — | — | $56k | ($509k) | $326k | — | ($1.5m) | — | — | — | |
| Other non-current assets | — | — | — | ($98k) | ($1.6m) | — | — | ($6k) | — | — | — | |
| Advances from customers | — | $6.4m | ($2.3m) | ($369k) | $326k | ($318k) | ($390k) | — | $78k | ($2k) | — | |
| Short-term lease liabilities | — | — | — | — | — | ($31k) | ($98k) | ($28k) | ($132k) | ($137k) | — | |
| Amount due to related parties | — | — | — | ($552k) | ($269k) | $25k | — | ($1.2m) | ($13k) | ($56k) | — | |
| Income tax payable | ($1.7m) | $1.7m | $796k | ($33k) | ($1.3m) | ($684k) | ($398k) | ($30k) | ($401k) | ($68k) | — | |
| Cash disposed on disposal of subsidiaries | — | — | — | — | — | — | ($97k) | ($2.7m) | ($24k) | — | — | |
| Cash acquired on acquisition of a subsidiary | — | — | — | — | — | $4.3m | — | $2k | — | — | — | |
| Proceeds from sales of a subsidiary | — | — | — | — | — | — | — | — | $16k | — | — | |
| Proceeds from issuance of ordinary shares and warrant | — | — | — | — | — | — | $4.7m | $1.1m | $3.7m | — | — | |
| Repayment of convertible note | — | — | — | — | $0 | $0 | ($1.8m) | ($50k) | — | — | — | |
| Capital contribution | — | — | — | $3.9m | $8.1m | — | $665k | — | $499k | — | — | |
| Net changes in cash and cash equivalents | ($183.0m) | $29.0m | ($49.4m) | ($14k) | $603k | $4.7m | $1.8m | ($5.0m) | $303k | ($1.5m) | — | |
| Issuance of Class A Ordinary Shares to settle Series F preferred shares | — | — | — | — | — | — | — | $3.4m | $246k | — | — | |
| Issuance of Series G preferred shares to settle liabilities due to the purchaser of KAG (Note 3) | — | — | — | — | — | — | — | — | $2.0m | — | — | |
| Obtaining right-of-use assets in exchange for operating lease liabilities | — | — | — | — | — | $515k | — | $328k | — | — | — | |
| Issuance of Class A Ordinary Shares for conversion of convertible notes | — | — | — | — | — | — | — | $2.0m | $2.1m | $638k | — | |
| Issuance of Class A Ordinary Shares for acquisition of a subsidiary | — | — | — | — | — | — | — | $49.1m | — | $28.8m | — | |
| Recognition of intangible assets from acquisition of a subsidiary | — | — | — | — | — | — | — | $14.0m | — | — | — | |
| Receivable due from issuance of ordinary shares and warrants in private placements | — | — | — | — | — | — | — | $17.9m | — | — | — | |
| Proceeds from convertible note | $0 | $442.3m | $0 | $21.0m | $1.0b | $2.0m | $2.0m | $599.4m | $0 | $0 | — | |
| Cash paid for offering cost | — | — | — | — | — | — | ($2.0m) | ($1.6m) | ($1.6m) | — | — | |
| Interest expense paid | $27.9m | $7.7m | $7.4m | $1.7m | $839k | $23k | ($362k) | $19.1m | $19.1m | $19.1m | — | |
| Income tax paid | $494k | $177k | $1k | $254k | $8k | $26k | $26k | $147k | $189k | $20.6m | $15.0m | |
| Issuance of Series F preferred shares in connection a disposal of subsidiaries | — | — | — | — | — | — | ($24.6m) | — | — | — | — | |
| Purchase of intangible assets | — | — | — | — | ($290k) | ($32k) | $0 | $0 | ($4.0m) | $0 | — | |
| Cash disposed on acquisition of a subsidiary | — | — | — | — | — | — | — | $2k | — | — | — | |
| Net assets acquired on reverse acquisition (See Note 3) | — | — | — | — | — | $161.8m | — | — | — | — | — | |
| Vesting of restricted shares award | — | — | — | — | — | ($1k) | — | — | — | — | — | |
| Issuance of ordinary shares for conversion of convertible notes | — | — | — | — | — | — | — | $2.0m | — | — | — | |
| Capital divestment | — | — | — | — | ($6.0m) | — | — | — | — | — | — | |
| Foreign currency exchange loss (gain) | ($13.4m) | $14.9m | ($4.5m) | $32k | ($86k) | $432k | — | — | — | — | — | |
| Proceeds from repayment of loan | — | — | — | $405k | — | — | — | — | — | — | — | |
| Proceeds from issuance of ordinary shares | $1.9m | $1.1m | $31k | $0 | $4.2m | — | — | — | $7k | $75k | — | |
| Proceeds from preferred shares | — | — | — | — | $3.0m | — | — | — | — | — | — | |
| Reduction in the carrying amount of the right-of-use assets | — | — | — | $1.5m | $566k | — | — | — | — | — | — | |
| Allowances for doubtful accounts | — | — | — | $214k | $336k | — | — | — | $0 | $3.4m | — | |
| Gain on disposal of subsidiary | — | — | $0 | ($710k) | ($14.5m) | ($500k) | $0 | $0 | — | — | — | |
| Noncash interest expenses | — | — | — | $2.3m | — | — | — | — | — | — | — | |
| Allowances for financing receivable losses | — | $12.7m | $11.1m | $2.2m | — | — | — | — | — | — | — | |
| Fair value change in contingent consideration | — | $2.6m | $30.5m | ($65.6m) | — | — | — | — | — | — | — | |
| Recoverable of detained and impaired assets | — | — | — | — | ($2.9m) | — | — | — | — | — | — | |
| Write-offs for advance to supplier related to Ji'nan Dealership | — | — | $16.8m | — | — | — | — | — | — | — | — | |
| Financing receivable | — | ($321k) | $2k | — | — | — | — | — | — | — | ($2.9m) | |
| Right-of-use lease assets | — | — | — | ($3.8m) | $1.6m | — | — | — | — | — | — | |
| Amounts due from/to related parties | — | $2.0m | $4.9m | — | $819k | — | — | — | — | — | — | |
| Lease liabilities - current | — | — | — | $1.8m | ($1.7m) | — | — | — | — | — | — | |
| Lease liabilities - noncurrent | — | — | — | $821k | ($784k) | — | — | — | — | — | — | |
| Payable to investors | — | ($4.0m) | ($4.7m) | — | — | — | — | — | — | — | — | |
| Proceeds from principal repayments of financing receivable | — | $925.7m | $109.7m | $1.3m | — | — | — | — | — | — | — | |
| Payments to provide financing receivable | — | ($748.5m) | ($5k) | — | — | — | — | — | — | — | — | |
| Acquisition of business, net of cash acquired | $0 | ($12.1m) | ($9.9m) | ($619.8m) | $0 | $0 | $0 | ($861.6m) | ($700.9m) | $0 | — | |
| Proceeds from issuance of units | — | — | — | $7.5m | — | — | — | — | — | — | — | |
| Cash acquired in the reverse recapitalization | — | — | — | $6k | — | — | — | — | — | — | — | |
| Proceeds from investors | — | $1.6b | $57.8m | — | $1.0m | — | — | — | — | — | — | |
| Payment to investors | — | ($1.7b) | ($187.9m) | — | — | — | — | — | — | — | — | |
| Capital injection by noncontrolling shareholders | — | $13.5m | $10.9m | — | — | — | — | — | — | — | — | |
| Contingent consideration | — | $62.5m | $14.1m | — | — | — | — | — | — | — | — | |
| Beneficial conversion feature of a convertible loan | — | — | — | $2.1m | — | — | — | — | — | — | — | |
| Conversion of convertible loans to units and ordinary shares, including interest of $219 | — | — | — | $21.2m | — | — | — | — | — | — | — | |
| Acquisition of non-controlling interest | — | $29.7m | $3.5m | $1.5m | — | — | — | — | — | — | — | |
| Acquisition of business settled by forgiveness of financing receivable | — | $21.2m | $1.4m | — | — | — | — | — | — | — | — | |
| Net liabilities acquired in the reverse recapitalization, excluding cash acquired | — | — | — | $5.1m | — | — | — | — | — | — | — | |
| Net assets disposal of a dealership | — | — | — | $62k | — | — | — | — | — | — | — | |
| Liabilities waived by Renren Inc. | — | — | — | $76.0m | ($4.2m) | — | — | — | — | — | — | |
| Contingent liabilities assumed by Renren Inc. | — | — | — | $42.5m | — | — | — | — | — | — | — | |
| Loan to related parties | — | ($9.3m) | — | — | — | — | — | — | — | — | — | |
| Proceeds from repayment of related party loans | — | $8.9m | — | — | — | — | — | — | — | — | — | |
| Loans to a third party | — | ($2.2m) | — | — | — | — | — | — | — | — | — | |
| Cash disposed of from deconsolidation of subsidiaries | — | ($17k) | — | — | — | — | — | — | — | — | — | |
| Acquisition consideration payable | — | $9.4m | — | — | — | — | — | — | — | — | — | |
| Net realized and unrealized investment gains | ($6.8m) | ($12.2m) | $1.5m | ($27.9m) | ($24.5m) | ($12.6m) | $5.1m | ($7.8m) | ($5.6m) | — | — | |
| Change in allowance for expected credit losses | — | — | — | — | — | — | $0 | ($1.0m) | ($296k) | — | — | |
| Foreign exchange and other (gains) losses | — | — | — | ($2.7m) | $8.5m | ($7.7m) | ($8.3m) | $5.7m | ($7.0m) | — | — | |
| Reinsurance balances receivable, net | $11.0m | $79.4m | ($824k) | $53.4m | $23.4m | ($11.6m) | $8.5m | ($1.5m) | $3.9m | — | — | |
| Reinsurance recoverable on unpaid losses | ($29.3m) | ($17.4m) | ($47.1m) | ($438.5m) | ($7.1m) | $594k | $10.8m | $14.1m | $11.9m | — | — | |
| Deferred commission and other acquisition expenses | ($20.1m) | ($18.8m) | ($9.6m) | $172.9m | $26.0m | $15.0m | $11.6m | $7.4m | $9.4m | — | — | |
| Funds withheld receivable | — | — | ($12.9m) | ($85.1m) | $55.8m | $15.7m | $3.9m | $27.4m | $15.6m | — | — | |
| Reserve for loss and loss adjustment expenses | $344.9m | $485.6m | $685.7m | ($121.1m) | ($581.9m) | ($377.7m) | ($155.0m) | ($4.2m) | $76.2m | — | — | |
| Purchases of fixed maturities | ($1.1b) | ($837.9m) | ($997.1m) | ($2.0b) | ($458.9m) | ($247.6m) | ($79.0m) | ($183.6m) | ($527.4m) | — | — | |
| Purchases of equity securities | — | — | — | — | — | ($20.5m) | ($17.3m) | ($2.8m) | $0 | — | — | |
| Proceeds from sales of fixed maturities | $69.0m | $165.0m | $367.3m | $1.0b | $505.4m | $477.9m | $213.9m | $99.0m | $62.5m | — | — | |
| Proceeds from maturities, paydowns and calls of fixed maturities | — | — | $320.2m | $1.9b | $619.8m | $345.0m | $98.5m | $161.6m | $479.8m | — | — | |
| Proceeds from sale and redemption of equity securities | — | — | — | — | — | $441k | $0 | $8.1m | $23.4m | — | — | |
| Others, net | ($434k) | ($4.3m) | ($2.1m) | $3.2m | ($608k) | ($25k) | ($88k) | ($101k) | ($328k) | — | — | |
| Repurchase of senior notes | ($107.5m) | ($100.0m) | $0 | — | — | — | $0 | ($95k) | $0 | — | — | |
| Repurchase of common shares | ($470k) | ($25.7m) | ($873k) | ($18k) | ($1k) | ($2.5m) | ($1.0m) | ($2.9m) | ($3.7m) | $0 | — | |
| Less: cash and cash equivalents held for sale, end of year | ($39.1m) | ($42.1m) | ($6.1m) | $0 | — | — | — | $0 | ($13.3m) | — | — | |
| Cash and cash equivalents, end of year | $41.3m | $54.5m | $200.8m | $48.2m | $74.0m | $26.7m | $31.0m | $35.4m | $25.7m | — | — | |
| Deferred gain on retroactive reinsurance | — | — | — | — | — | $3.1m | $2.3m | $0 | — | — | — | |
| Net proceeds from acquisition of a subsidiary | — | — | — | — | — | $421k | $2.7m | $0 | — | — | — | |
| Repurchase of preference shares | — | — | — | $0 | ($30.1m) | ($136.3m) | ($10.0m) | $0 | — | — | — | |
| Cash settlement of restricted shares granted and options exercised | $1.9m | $3.4m | $1.7m | $400k | $700k | ($166k) | $10k | $0 | — | — | — | |
| Net (loss) income | $9.3m | ($102.5m) | $248.1m | ($36.4m) | $41.8m | $26.6m | ($60.0m) | ($131.6m) | ($546.5m) | $25.9m | — | |
| Cash settlement of restricted shares granted | — | — | — | — | $0 | ($166k) | — | — | — | — | — | |
| Net cash used in continuing operations | $460.7m | $424.6m | $203.9m | ($1.1b) | ($541.8m) | — | — | — | — | — | — | |
| Net cash used in discontinued operations | $9.4m | $34.0m | ($21.6m) | ($2.4m) | $0 | — | — | — | — | — | — | |
| Net proceeds from sale of discontinued operations | $0 | $0 | $255.9m | $0 | $20.1m | $1.3m | $0 | $0 | — | — | — | |
| Proceeds from maturities, paydowns and calls of fixed maturities – available-for-sale | $502.3m | $314.5m | $242.0m | — | — | — | — | — | — | — | — | |
| Proceeds from maturities and calls of fixed maturities – held-to-maturity | $6.2m | $39.7m | $78.2m | — | — | — | — | — | — | — | — | |
| Preference shares, net of issuance costs | ($143k) | $144.9m | $0 | — | — | — | — | — | — | — | — | |
| Senior notes, net of issuance costs | $106.3m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Purchases of fixed-maturities – trading and short sales | $0 | ($290.7m) | ($634.3m) | ($269.7m) | ($1.3b) | ($2.0b) | ($1.1b) | ($1.0b) | ($278.7m) | ($365.9m) | — | |
| Write-off of right-of-use assets | — | — | — | — | — | — | — | — | $0 | $7.8m | — | |
| Gain on repurchase of convertible notes | — | — | — | — | — | $0 | $0 | ($1.0m) | $0 | $0 | — | |
| Other non-cash income, net | $0 | $0 | $400k | ($1.0m) | ($2.4m) | $9.9m | $11.4m | ($5.7m) | ($12.2m) | ($3.5m) | — | |
| Operating lease right-of-use assets, net | — | — | — | $0 | $11.6m | $11.3m | ($6.2m) | $15.5m | $3.4m | $5.1m | — | |
| Income taxes, net | ($3.4m) | $42.7m | ($7.3m) | ($5.6m) | $31.3m | $16.0m | ($21.1m) | ($37.9m) | $77.7m | ($218.2m) | — | |
| Operating lease liabilities | — | — | — | $0 | ($11.6m) | ($9.0m) | $600k | ($16.2m) | ($4.3m) | ($5.7m) | — | |
| Proceeds from sale of facility, net of cash and selling costs | — | — | — | — | — | — | — | — | $0 | $47.8m | — | |
| Payment, repurchase and conversion of 2024 Notes | — | — | — | — | — | $0 | ($1.8m) | ($132.8m) | ($323.1m) | $0 | — | |
| Principal payments on term loans | — | $0 | $0 | ($2.5m) | ($497.5m) | $0 | $0 | ($5.9m) | $0 | ($8.1m) | — | |
| Payment of acquisition related holdback | — | $0 | $0 | ($1.0m) | $0 | $0 | — | — | $0 | ($1.0m) | — | |
| Proceeds from employee stock plans | $3.1m | $8.1m | $9.2m | $9.3m | $9.9m | $12.6m | $13.5m | $15.1m | $14.4m | $16.1m | — | |
| Settlement of loan to NeoPhotonics | — | — | — | — | — | $0 | $0 | $50.0m | $0 | $0 | — | |
| 2029 Notes issuance costs in current liabilities | — | — | — | — | — | $0 | $0 | $800k | $0 | $0 | — | |
| Right-of-use assets obtained in exchange for new operating lease liabilities | — | — | — | $0 | $2.2m | $1.4m | $14.8m | $19.4m | $16.0m | $6.4m | — | |
| Term loan funding provided to NeoPhotonics | — | — | — | — | $0 | $0 | ($30.0m) | $0 | $0 | — | — | |
| Principal payments on finance leases | — | — | ($6.4m) | ($8.8m) | ($12.5m) | ($500k) | $0 | $0 | — | — | — | |
| Unrealized gain on derivative liability | $600k | $104.2m | $800k | ($8.8m) | $0 | $0 | — | — | — | — | — | |
| Proceeds from term loan, net of issuance costs | — | $0 | $0 | $490.8m | $0 | $0 | — | — | — | — | — | |
| Release of valuation allowance, net | $0 | $0 | ($124.0m) | $0 | $0 | — | — | — | — | — | — | |
| Proceeds from sale of product lines | — | $0 | $0 | $25.5m | $20.1m | — | — | — | — | — | — | |
| Repayment of capital lease obligations | $0 | $0 | ($6.4m) | ($8.8m) | — | — | — | — | — | — | — | |
| Net transfers from Viavi | $134.2m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Payment of financing obligation related to acquisition | ($2.3m) | $0 | $0 | — | — | — | — | — | — | — | — | |
| Accretion of Series A Preferred Stock | $11.7m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Other non-cash (income) expenses | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Recognition of the redemption value of the convertible preferred stock | $9.7m | — | — | — | — | — | — | — | — | — | — | |
| Finance costs (note 9) | — | — | — | — | — | $1.1m | $544k | — | — | — | — | |
| Foreign exchange gain | — | — | — | — | — | ($3.4m) | ($6.3m) | — | — | — | — | |
| Income tax expense (note 17) | — | — | — | — | — | $1.2m | $962k | — | — | — | — | |
| Prepaid expenses and other | — | — | — | — | — | ($1.3m) | $126k | — | — | — | — | |
| Additions to intangible assets (note 4) | — | — | — | — | — | ($1.3m) | ($3.7m) | — | — | — | — | |
| Repayment of term loans principal (note 16) | — | — | — | — | — | ($2.5m) | ($2.3m) | — | — | — | — | |
| Proceeds from international loans (note 16) | — | — | — | — | — | $1.3m | $1.4m | — | — | — | — | |
| Repayment of international loans (note 16) | — | — | — | — | — | ($2.4m) | ($1.9m) | — | — | — | — | |
| Repayment of leases | — | — | — | — | — | ($3.4m) | ($2.5m) | — | — | — | — | |
| Net proceeds from equity financing (note 8) | — | — | — | — | — | $64.0m | $0 | — | — | — | — | |
| Repurchase of shares for cancellation (note 8 (f)) | — | — | — | — | — | $0 | ($14.5m) | — | — | — | — | |
| Proceeds from the exercise of warrants | — | — | — | — | — | $62k | $0 | — | — | — | — | |
| Proceeds from the exercise of stock options | — | — | — | — | — | $1.1m | $374k | — | — | — | — | |
| Impact of foreign exchange on cash and cash equivalents | — | — | — | — | — | $3.4m | $5.1m | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.