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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities    
Net loss $ (10,407) $ (13,844)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock-based compensation expense 2,685 1,447
Depreciation and amortization 1,574 1,097
Provision for bad debts (156) 101
Provision for inventory valuation (12) 23
Non-cash lease expense 422 256
Change in fair value of contingent consideration 202  
Loss on disposal of property and equipment 23 3
Amortization of discount on debt 32 63
Deferred income taxes 3  
Changes in operating assets and liabilities, net of acquisition:    
Accounts receivable 9,987 (3,875)
Inventories (7,042) (12)
Prepaid expenses and other assets (1,651) 33
Accounts payable 870 1,310
Contract liabilities (1,730) 143
Accrued expenses and other current liabilities (14,338) 2,789
Operating lease liabilities, current and long-term (424) (256)
Net cash used in operating activities (19,962) (10,722)
Cash flows from investing activities    
Purchases of property and equipment (2,256) (1,558)
Net cash used in investing activities (2,256) (1,558)
Cash flows from financing activities    
Proceeds from short-term line of credit   995
Proceeds from exercise of stock options 761 40
Net cash provided by financing activities 761 1,035
Effect of exchange rate changes on cash, cash equivalents and restricted cash 2 (17)
Net decrease in cash, cash equivalents and restricted cash (21,455) (11,262)
Cash, cash equivalents and restricted cash    
Beginning of period 115,536 73,507
End of period 94,081 62,245
Supplemental disclosures of cash flow information    
Interest paid during the period 639 1,202
Property and equipment purchases in accounts payable and accrued expenses 263 36
Issuance of common stock upon vesting of restricted stock units $ 47 $ 58