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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities:    
Net loss $ (9,416) $ (4,326)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 1,040 1,168
Stock-based compensation 7,449 5,221
Accretion of discount or amortization of premium on short-term investments 218 (4)
Amortization of debt issuance costs and debt discount 94 879
Changes in operating assets and liabilities:    
Accounts receivable 1,498 (4,371)
Inventory 8,262 2,390
Prepaid expenses and other assets 880 368
Deferred revenue (633) 155
Accounts payable (2,137) 1,096
Accrued compensation and employee related benefits 345 (1,933)
Operating lease right-of-use assets 723 657
Operating lease liabilities (911) (823)
Accrued and other liabilities 722 1,368
Restructuring liabilities 1,235  
Net cash provided by operating activities 9,369 1,845
Investing activities:    
Purchases of investments (12,333)  
Proceeds from maturities of investments 25,000 14,175
Purchases of property and equipment (4,398) (1,112)
Net cash provided by investing activities 8,269 13,063
Financing activities:    
Principal payments on finance lease obligations (2) (98)
Proceeds from exercise of stock options and employee stock purchase plan 8,524 2,014
Net cash provided by financing activities 8,522 1,916
Net increase in cash and cash equivalents 26,160 16,824
Cash and cash equivalents    
Beginning of period 23,636 66,898
End of period 49,796 83,722
Supplemental disclosure of cashflow information:    
Purchases of property and equipment not yet paid $ 1,984 $ 94