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) | $ | 23,000 | $ | 27,000 | ||||
| Capital expenditures | (9,000 | ) | (9,000 | ) | ||||
| Free cash flow (1) | $ | 14,000 | $ | 18,000 | ||||
(1) Includes $65.9 million payment in January 2022 for legal judgement acquired in December 2021.
