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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net loss $ (33,061) $ (30,659)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 710 477
Amortization intangible assets 331 332
Amortization of right-of-use lease assets 628 552
Stock-based compensation 4,001 3,348
Amortization of debt issuance costs 297 226
Accretion of available for sale securities, net (1,272)  
Changes in operating assets and liabilities:    
Accounts receivable, net (510) (732)
Inventory 2,301 (4,503)
Prepaid expenses and other assets 6,543 (458)
Accounts payable (3,346) (623)
Accrued expenses and other liabilities (2,056) 642
Deferred revenue 19 (149)
Accrued compensation (926) 44
Net cash used in operating activities (26,341) (31,503)
Cash flows from investing activities:    
Purchases of available-for-sale securities (30,733) (34,255)
Proceeds from maturities of available-for-sale securities 52,500  
Purchases of property and equipment (627) (794)
Net cash provided by (used in) investing activities 21,140 (35,049)
Financing activities:    
Payment of common stock issuance costs   (598)
Issuance of stock under employee stock plans 117 250
Proceeds from exercise of pre-funded warrants 1  
Payment of contingent earnout   (117)
Principal repayments on finance lease (15) (26)
Net cash provided by (used in) financing activities 103 (491)
Net decrease in cash and cash equivalents (5,098) (67,043)
Cash and cash equivalents at beginning of period 17,665 84,641
Cash and cash equivalents at end of period 12,567 17,598
Cash paid for:    
Interest 2,828 1,706
Supplemental schedule of non-cash investing and financing activities:    
Operating lease right-of-use assets obtained in exchange for lease liabilities $ 1,792 $ 223