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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net loss $ (28,048) $ (15,142)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 3,386 4,043
Depreciation and amortization 1,409 427
Amortization of contract acquisition costs 2,178 652
Amortization of debt issuance costs 552 219
Deferred tax assets 13 41
Provision for credit losses 225 192
Loss on sale of property and equipment 0 14
Unrealized gain on foreign exchange forward (623) 0
Accretion of discount on investment securities and investment income, net (34) 0
Changes in assets and liabilities:    
Accounts receivable (6,410) (1,912)
Inventories (6,163) (12,177)
Other current assets and prepaid expenses (2,053) (5,611)
Other long-term assets (2,011) (385)
Accounts payable (1,330) 5,755
Accrued liabilities 1,706 (5,989)
Operating leases, net (16) 30
Deferred revenue 201 239
Net cash used in operating activities (37,018) (29,604)
Cash flows from investing activities:    
Acquisition of property and equipment (10,353) (321)
Proceeds from maturities of marketable investments 94,154 0
Purchase of marketable investments (23,467) (74,058)
Net cash provided by (used in) investing activities 60,334 (74,379)
Cash flows from financing activities:    
Proceeds from exercise of stock options and employee stock purchase plan 109 151
Taxes paid related to net share settlement of equity awards (2,397) (2,450)
Payments on finance lease obligations (124) (150)
Net cash used in financing activities (2,412) (2,449)
Net increase (decrease) in cash, cash equivalents and restricted cash 20,904 (106,432)
Cash, cash equivalents, and restricted cash at beginning of period 146,624 164,864
Cash, cash equivalents, and restricted cash at end of period 167,528 58,432
Supplemental non-cash investing and financing activities:    
Assets acquired under finance lease 33 57
Assets acquired under operating lease 57 320
Acquisition of property and equipment 6,894 0
Supplemental disclosure of cash flow information:    
Cash paid for interest 778 1,577
Income tax paid $ 483 $ 1,100