The following table provides a reconciliation of projected Free Cash Flow to projected net cash provided by operating activities, the most comparable GAAP financial measure:
| (Unaudited) | ||||||||||||
|
Year Ending
December 31, 2022 | ||||||||||||
| (in thousands) | Low | High | ||||||||||
| Net cash provided by operating activities (1) | $ | 15,100 | $ | 23,100 | ||||||||
| Capital expenditures | (7,100 | ) | (7,100 | ) | ||||||||
| Free cash flow (1) | $ | 8,000 | $ | 16,000 | ||||||||
(1) Includes $65.9 million payment in January 2022 for legal judgement acquired in December 2021.
