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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating activities:    
Net loss $ (144,326) $ (78,994)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 26,756 10,949
Stock-based compensation 36,450 17,659
Amortization of debt discount and debt issuance costs 1,868 3,974
Amortization of right-of-use assets 3,418 683
Write-down for excess and obsolete inventories 11,147 7,044
Loss on disposal of assets 1,976 498
Loss on debt extinguishment, net 7,434 7,612
Impairment of investment 3,000  
Other 2,721 116
Changes in operating assets and liabilities:    
Accounts receivable (10,141) (7,484)
Inventories (27,746) (18,192)
Prepaid expenses and other current assets 1,258 (2,930)
Other assets 11 (51)
Accounts payable 757 7,130
Accrued expenses and other current liabilities 6,983 8,812
Lease liability 150 (1,312)
Other long-term liabilities 4,852 (1,926)
Net cash used in operating activities (73,432) (46,412)
Investing activities:    
Purchases of property and equipment (68,544) (23,131)
Acquisition of business, net of cash acquired (62,133)  
Purchase of OCEANE (21,097)  
Cash paid for investments (3,000)  
Cash paid for acquisition of intangible assets   (755)
Cash received from sale of assets   27
Settlement of forward contract (2,988)  
Net cash used in investing activities (157,762) (23,859)
Financing activities:    
Proceeds from common stock offering, net 131,828 107,698
Proceeds from issuance of convertible notes 316,250  
Payment of debt issuance costs (10,028)  
Net cash (paid) received from common stock exercises (5,963) 3,341
Borrowings under lines of credit   42,455
Repayments under lines of credit   (56,615)
Purchase of capped calls (39,866)  
Repurchase of common stock (25,000)  
Proceeds from issuance of term debt, net   34,008
Repayment of Squadron Medical Term Loan (45,000)  
Repayment of Inventory Financing Agreement (8,088)  
Other (2,167) (58)
Net cash provided by financing activities 311,966 130,829
Effect of exchange rate changes on cash (1,289) 94
Net increase in cash and cash equivalents 79,483 60,652
Cash and cash equivalents at beginning of year 107,765 47,113
Cash and cash equivalents at end of year 187,248 107,765
Supplemental disclosure of cash flow information:    
Cash paid for interest 5,027 6,330
Cash paid for income taxes 223 190
Supplemental disclosure of noncash investing and financing activities:    
Common stock warrants issued with term loan draw   2,974
Common stock issued for partial extinguishment of debt   33,807
PPP Loan Forgiveness 4,271  
Common stock issued for development of intangible assets   123
Purchases of property and equipment in accounts payable 2,577 $ 3,527
Financed inventory 4,015  
Recognition of lease liability $ 23,403