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CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands
12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Operating Activities    
Net loss $ (66,215) $ (98,007)
Adjustments to reconcile net loss to net cash used in operating activities:    
Impairment loss 0 24,749
Loss on disposal of assets   499
Stock-based compensation 17,087 17,419
Depreciation and amortization 19,007 7,887
Amortization of marketable securities (discount) premium (102) 2,723
Other noncash expense (income) 908 877
Changes in operating assets and liabilities:    
Accounts receivable (2,147) 502
Inventories 670 (2,004)
Prepaid expenses and other current assets, deposits and other assets (25,620) (2,591)
Accounts payable, accrued expenses and non-current liabilities 2,693 3,635
Net cash used in operating activities (53,719) (44,311)
Investing Activities    
Acquisitions of property, plant and equipment (54,455) (84,077)
Acquisition of patent portfolio   (10)
Proceeds from maturity of marketable securities 168,550 299,581
Purchase of marketable securities   (130,402)
Proceeds from sale of property, plant and equipment 34  
Net cash provided by investing activities 114,129 85,092
Financing Activities    
Debt and equity offering costs   (10,993)
Proceeds from issuance of common stock and common stock warrants   150,000
Proceeds from exercise of warrants   3
Net settlement of common stock under stock plans   (286)
Payment of loans payable (167) (150)
Payment of finance lease liabilities (22) (12)
Net cash (used in) provided by financing activities (189) 138,562
Net increase in cash and cash equivalents 60,221 179,343
Cash, cash equivalents and restricted cash at beginning of period 315,376 136,033
Cash, cash equivalents and restricted cash at end of period 375,597 315,376
Schedule of cash, cash equivalents and restricted cash    
Cash and cash equivalents 298,349 237,125
Restricted cash (current) 77,248 1,032
Restricted cash (non-current)   77,219
Total cash, cash equivalents and restricted cash 375,597 315,376
Supplemental disclosures of cash and non-cash investing and financing transactions    
Cash paid for interest, net of amounts capitalized 1,029 522
Non-cash purchase of property, plant and equipment 8,174 13,837
Right-of-use asset purchased with operating lease $ 199 $ 0