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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows from Operating Activities    
Net income (loss) $ (2,321) $ 3,793
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Deferred taxes (817) 590
Stock-based compensation 1,940 1,605
Depreciation and amortization 931 894
Changes in inventory reserve 549 40
Other 276 126
Changes in operating assets and liabilities:    
Accounts receivable (1,434) (731)
Inventories, net (596) (1,438)
Contract assets (1,112) (2,820)
Prepaid expenses and other assets 30 650
Accounts payable 2,655 502
Accrued expenses and other liabilities (4,862) 1,136
Deferred revenue (120) (2,369)
Net cash provided by (used in) operating activities (4,881) 1,978
Cash Flows from Investing Activities    
Purchases of property and equipment (81) (1,184)
Proceeds from maturities of investment securities 996 0
Purchases of investment securities (249) 0
Net cash provided by (used in) investing activities 666 (1,184)
Cash Flows from Financing Activities    
Principal payments on long-term debt (375) 0
Proceeds from exercise of stock options 913 3,341
Taxes paid related to net share settlement of equity awards (521) (1,619)
Net cash provided by (used in) financing activities 17 1,722
Effect of exchange rate changes on cash and cash equivalents 0 (1)
Increase (decrease) in cash and cash equivalents (4,198) 2,515
Cash and cash equivalents    
Beginning of period 65,913 53,137
End of period 61,715 55,652
Supplemental disclosure of cash flow information    
Cash paid for interest 148 850
Cash paid for income taxes 0 98
Supplemental disclosure of non-cash investing activities    
Purchases of property and equipment recorded in accounts payable and accrued expenses $ 632 $ 1,779