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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Net loss $ (20,679) $ (32,818)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,627 1,571
Stock-based compensation 11,433 11,141
Non-cash operating lease cost 704 706
Changes in valuation of warrant investment 236 (402)
Net loss on sale of available-for-sale securities 91  
Unrealized gain on investments (587) (249)
Impairment of long-lived assets 542  
Non-cash interest expense 921 481
Foreign currency remeasurement loss 571 197
Changes in operating assets and liabilities:    
Accounts receivable (1,844) (2,134)
Inventories (2,722) (8,006)
Prepaid and other assets 1,677 (2,580)
Accounts payable (6,013) 7,389
Accrued liabilities and other non-current liabilities (8,060) (1,708)
Deferred product revenue 302 294
Net cash used in operating activities (21,801) (26,118)
Investing activities    
Capital expenditures (191) (225)
Purchases of investments (13,216) (2,026)
Proceeds from maturities and sale of investments 16,554 33,500
Net cash provided by investing activities 3,147 31,249
Financing activities    
Net proceeds from equity incentives 2,512 2,094
Offering costs from public offerings (94) (292)
Net proceeds on revolving line of credit 233 813
Proceeds from loans   15,000
Net cash provided by financing activities 2,651 17,615
Effect of exchange rates on cash, cash equivalents, and restricted cash (718) (363)
Net (decrease) increase in cash, cash equivalents and restricted cash (16,721) 22,383
Cash, cash equivalents and restricted cash, beginning of period 51,044 38,903
Cash, cash equivalents and restricted cash, end of period $ 34,323 $ 61,286