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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities      
Net loss $ (37,647,000) $ (42,825,000) $ (54,376,000)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 2,599,000 2,984,000 3,148,000
Stock-based compensation 20,271,000 24,456,000 23,571,000
Non-cash operating lease cost 2,308,000 1,575,000 1,422,000
Changes in valuation of warrant investment   2,183,000 (148,000)
Loss (gain), net on sale of available-for-sale securities 54,000 108,000 (21,000)
Unrealized gain on investments (170,000) (564,000) (267,000)
Impairment of long-lived assets     387,000
Loss on disposal of fixed assets 65,000    
Impairment charges for facilities consolidation 1,698,000 0  
Non-cash interest expense 374,000 609,000 591,000
Foreign currency remeasurement (gain) loss (685,000) 1,911,000 511,000
Changes in operating assets and liabilities:      
Accounts receivable (1,102,000) (9,200,000) (4,215,000)
Inventories (14,947,000) (1,768,000) (19,610,000)
Prepaid and other assets (994,000) 1,168,000 2,738,000
Accounts payable (7,335,000) (4,905,000) 12,204,000
Accrued liabilities and other non-current liabilities (9,070,000) (1,263,000) 47,000
Deferred revenue 1,413,000 (84,000) 96,000
Net cash used in operating activities (43,168,000) (25,615,000) (33,922,000)
Investing activities      
Capital expenditures (4,597,000) (2,000,000) (910,000)
Purchases of investments (2,486,000) (29,640,000) (52,066,000)
Proceeds from maturities and sale of investments 15,707,000 40,104,000 65,664,000
Net cash provided by investing activities 8,624,000 8,464,000 12,688,000
Financing activities      
Net proceeds from equity incentives 925,000 4,084,000 9,370,000
Net (costs) proceeds from public offerings (175,000) (104,000) 2,743,000
Net proceeds on revolving line of credit 5,091,000 212,000 6,181,000
Proceeds from loans, net of issuance costs 4,832,000   15,000,000
Contribution from noncontrolling interest 0   1,000,000
Net cash provided by financing activities 10,673,000 4,192,000 34,294,000
Effect of exchange rates on cash, cash equivalents, and restricted cash (128,000) (727,000) (919,000)
Net (decrease) increase in cash, cash equivalents and restricted cash (23,999,000) (13,686,000) 12,141,000
Cash, cash equivalents and restricted cash, beginning of period 37,358,000 51,044,000 38,903,000
Cash, cash equivalents and restricted cash, end of period 13,359,000 37,358,000 51,044,000
Supplemental disclosure of cash flow information:      
Cash paid for interest 9,210,000 5,100,000 4,181,000
Cash paid for income taxes $ 322,000 $ 270,000 $ 278,000