In millions, except per share items | Jun-30-23 | Mar-31-23 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 |
| 10-Q | 10-Q | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q |
Cash flows from operating activities: | | | | | | | | |
Net loss | -10.6 | -12.1 | 0.4 | -10.9 | -0.4 | 97.0 | -0.2 | -0.2 |
Adjustments to reconcile net loss to net cash used in operating activities | | | | | | | | |
Share-based compensation expense | 4.6 | 3.9 | | | | | | |
Non-cash lease expense | 0.2 | | | | | | | |
Depreciation on property and equipment | 0.1 | 0.1 | | 0.1 | 0.1 | | | |
Interest income on notes receivable | | | | | | | | |
Foreign exchange (gain) loss, net | -0.3 | -0.6 | | 2.1 | 0.5 | | | |
Investment (income) loss, net | 0.4 | -1.7 | | 5.7 | -2.1 | -130.3 | | |
Allowance for credit loss on financial instruments | 0.3 | | | | | | | |
Change in fair value of warrant liabilities | 0.0 | 0.0 | | | | | | |
Change in fair value of forward share purchase liability | | 0.1 | | | | | | |
Loss on settlement of forward share purchase agreement | 0.4 | | -0.5 | | | | 0.0 | 0.1 |
Reversal of annual bonus accrued in prior year | -3.8 | | | | | | | |
Accounts receivable | -0.5 | -0.5 | | 0.1 | 0.0 | | | |
Loans receivable | 0.0 | 0.0 | | 0.0 | 2.3 | | | |
Deposit, prepayments, and others receivables | -3.1 | -0.5 | | -0.4 | -0.1 | -2.0 | | |
Accounts payable and accrued liabilities | 5.4 | 1.2 | | 0.9 | -1.0 | -0.4 | | |
Escrow liabilities | -2.0 | 0.0 | | -1.1 | 1.7 | -9.8 | | |
Lease liabilities | -0.2 | | | | | | | |
Income tax payable | 0.0 | -0.2 | | -0.3 | 0.4 | | | |
Net cash used in operating activities | -9.1 | -10.2 | -0.2 | -3.8 | 1.3 | -1.7 | -0.2 | -0.1 |
Proceeds from sale of long-term investments | 0.0 | 4.0 | | | 1.9 | | | |
Purchase of notes receivable | | -0.6 | | | | | | |
Dividends received from long-term investments | 1.2 | | | | | | | |
Addition in long-term investments | | | | -7.8 | | -2.9 | | |
Purchase of property and equipment | -0.1 | | | 0.0 | -0.9 | 0.0 | | |
Net cash provided by (used in) investing activities | 0.5 | 4.0 | | 0.0 | -6.9 | | | |
Advances from holding company | 6.8 | | | 4.3 | | | | |
Settlement of forward share purchase agreement | -14.0 | | | | | | | |
Proceeds from borrowings | 0.0 | 1.8 | | | | | | |
Dividend paid to holding company | | | | | -17.4 | | | |
Net cash used in financing activities | -8.8 | 3.5 | 0.2 | 1.4 | -14.5 | -164.0 | 0.0 | 0.0 |
Effect on exchange rate change on cash, cash equivalents and restricted cash | 0.0 | 0.1 | | -0.2 | -0.1 | -0.2 | | |
Net change in cash, cash equivalent and restricted cash | -17.4 | -2.7 | | -2.6 | -20.1 | | | |
Cash paid for income taxes | 0.4 | 0.1 | | | | | | |
Cash paid for interest | 0.2 | 0.2 | | | | | | |
Cash received for interest | 0.4 | | | | | | | |
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Reconciliation to amounts on consolidated balance sheets: | | | | | | | | |
Restricted cash | | | | | | | | |
Total cash, cash equivalents and restricted cash | | | | | | | | |
SUPPLEMENTAL NON-CASH DISCLOSURES | | | | | | | | |
Issuance of ordinary shares to settle finder fee | | | | | | | | |
Forgiveness of amount due to holding company | | | | | | | | |
Operating lease right-of-use asset obtained in exchange for operating lease liabilities | | | | | | | | |
Purchase of property and equipment, through earnest deposit | | | | | | | | |
Special dividend to the holding company offset with amount due from the holding company | | | | | | | | |