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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities:    
Net Income (Loss) $ (12,424) $ (21,984)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 6,066 2,973
Stock-based compensation 23,372 22,173
Accretion of discount or amortization of premium on investments (1,285) 419
Amortization of debt issuance costs 802 806
Induced conversion expense related to convertible notes   2,232
Deferred tax expense (399)  
Changes in operating assets and liabilities, net of amounts acquired:    
Accounts receivable (7,755) (4,679)
Inventory (64,733) (10,089)
Prepaid expenses and other assets 2,277 1,463
Accounts payable 6,113 (2,201)
Accrued compensation and employee related benefits (1,879) (437)
Accrued and other liabilities 2,043 (106)
Operating lease right-of-use assets 1,331 1,623
Operating lease liabilities (1,661) (2,034)
Deferred revenue (972) 2,202
Net cash used in operating activities (49,104) (7,639)
Investing activities:    
Purchases of investments   (115,697)
Proceeds from sales of investments 13,372  
Proceeds from maturities of investments 92,424 46,805
Purchases of intangible assets (250)  
Purchases of property and equipment (13,198) (3,724)
Business acquisitions, net of cash acquired (23,357)  
Net cash provided by (used in) investing activities 68,991 (72,616)
Financing activities:    
Proceeds from exercise of stock options and employee stock purchase plan 5,753 6,496
Net cash provided by (used in) financing activities 5,753 (11,068)
Effect of exchange rate changes on cash and cash equivalents 7  
Net increase (decrease) in cash and cash equivalents 25,647 (91,323)
Cash and cash equivalents    
Beginning of period 19,597 123,903
End of period 45,244 32,580
Supplemental disclosure of cashflow information:    
Cash paid for interest 1,617 1,803
Purchases of property and equipment not yet paid 1,973 891
Operating lease liabilities arising from obtaining ROU assets 979  
Lease liabilities arising from remeasurement of ROU assets 159  
26,396 shares of common stock issued for Voyantic Oy acquisition 3,579  
Acquisition-related contingent consideration liability $ 4,602  
2019 Notes    
Financing activities:    
Payment of 2019 Notes   $ (17,564)