Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jan. 31, 2023
Oct. 31, 2022
Current assets:    
Cash and cash equivalents $ 4,049 $ 7,482
Trade receivables, net of allowance for doubtful accounts of $877 and $941, respectively 53,020 62,882
Inventory, net 6,593 5,532
Income taxes receivable 109 485
Prepaid expenses and other current assets 12,516 5,175
Total current assets 76,287 81,556
Property, plant and equipment, net 422,800 419,377
Intangible assets, net 133,681 137,754
Goodwill 221,905 220,245
Right-of-use operating lease assets 23,796 24,833
Other non-current assets 2,029 2,026
Deferred financing costs 1,567 1,698
Total assets 882,065 887,489
Current liabilities:    
Revolving loan 50,247 52,133
Operating lease obligations, current portion 4,741 4,001
Finance lease obligations, current portion 111 109
Accounts payable 5,745 8,362
Accrued payroll and payroll expenses 11,430 13,341
Accrued expenses and other current liabilities 30,083 32,156
Income taxes payable 559 178
Total current liabilities 102,916 110,280
Long term debt, net of discount for deferred financing costs 370,824 370,476
Operating lease obligations, non-current 19,284 20,984
Finance lease obligations, non-current 140 169
Deferred income taxes 74,930 74,223
Warrant liability 2,473 7,030
Total liabilities 570,567 583,162
Commitments and contingencies (Note 12)
Zero-dividend convertible perpetual preferred stock, $0.0001 par value, 2,450,980 shares issued and outstanding as of January 31, 2023 and October 31, 2022 25,000 25,000
Stockholders' equity    
Common stock, $0.0001 par value, 500,000,000 shares authorized, 55,407,330 and 56,226,191 issued and outstanding as of January 31, 2023 and October 31, 2022, respectively 6 6
Additional paid-in capital 380,535 379,395
Treasury stock (10,105) (4,609)
Accumulated other comprehensive loss (4,176) (9,228)
Accumulated deficit (79,762) (86,237)
Total stockholders' equity 286,498 279,327
Total liabilities and stockholders' equity $ 882,065 $ 887,489