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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating Activities    
Net loss $ (78,640) $ (66,215)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 14,733 17,087
Depreciation and amortization 18,298 19,007
Amortization of marketable securities discount   (102)
Other noncash expense 2,497 908
Changes in operating assets and liabilities, net of effects of acquisition:    
Accounts receivable 417 (2,147)
Inventories (706) 670
Prepaid expenses and other current assets, deposits and other assets (19,050) (25,620)
Accounts payable, accrued expenses and non-current liabilities 5,068 2,693
Net cash used in operating activities (57,383) (53,719)
Investing Activities    
Acquisitions of property, plant and equipment (51,085) (54,455)
Proceeds from sale of investment tax credit 15,336  
Payment of earnest money deposit (10,000)  
Acquisition of CultivateAI, net of cash acquired (6,070)  
Proceeds from maturity of marketable securities   168,550
Proceeds from sale of property, plant and equipment   34
Net cash (used in) provided by investing activities (51,819) 114,129
Financing Activities    
Proceeds from issuance of Remarketed Bonds 68,155  
Extinguishment of 2021 Bonds (68,155)  
Payment of debt offering costs (1,665)  
Proceeds from the exercise of warrants 49  
Payment of loans payable (130) (167)
Payment of finance lease liabilities (906) (22)
Repurchases of common stock (4,710)  
Net cash used in financing activities (7,362) (189)
Net (decrease) increase in cash and cash equivalents (116,564) 60,221
Cash, cash equivalents and restricted cash at beginning of period 375,597 315,376
Cash, cash equivalents and restricted cash at end of period 259,033 375,597
Schedule of cash, cash equivalents and restricted cash    
Cash and cash equivalents 189,389 298,349
Restricted cash (current) 1,489 77,248
Restricted cash (non-current) 68,155  
Total cash, cash equivalents and restricted cash 259,033 375,597
Supplemental disclosures of cash and non-cash investing and financing transactions    
Cash paid for interest 1,619 1,029
Non-cash purchase of property, plant and equipment 2,595 8,174
Non-cash 401(k) match expense 614  
Right-of-use asset purchased with financing leases 2,731  
Right-of-use asset purchased with operating lease $ 32 $ 199