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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net loss $ (21,663) $ (50,041)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 213 1,094
Amortization of intangible assets 51 498
Amortization of right-of-use lease assets 871 947
Excess and obsolete inventory provisions 341 2,917
Impairment of long-lived assets 161 3,392
Provision for bad debt (176) 571
Stock-based compensation 4,223 5,785
Amortization of debt issuance costs 1,717 456
Accretion of available for sale securities, net (416) (1,831)
Gain on sale of discontinued operations (5,703)  
Changes in operating assets and liabilities:    
Accounts receivable 812 (373)
Inventory (1,187) 1,156
Prepaid expenses and other assets 2,195 5,887
Accounts payable (489) (3,494)
Other accrued expenses and other liabilities (2,146) (2,996)
Deferred revenue 227 (19)
Accrued compensation (749) (506)
Net cash used in operating activities (21,718) (36,557)
Cash flows from investing activities:    
Purchases of available-for-sale securities (4,506) (49,978)
Proceeds from maturities of available-for-sale securities 33,498 81,800
Purchases of property and equipment (161) (843)
Proceeds from sale of discontinued operations, net 14,208  
Net cash provided by investing activities 43,039 30,979
Cash flows from financing activities:    
Principal repayments on term loan (22,200)  
Tax paid on vested stock awards under employee stock plan (3) (92)
Issuance of stock under employee stock plans (3) 117
Proceeds from exercise of pre-funded warrants   1
Principal repayments on finance lease (28) (23)
Net cash provided by (used in) financing activities (22,234) 3
Net decrease in cash and cash equivalents (913) (5,575)
Cash and cash equivalents at beginning of period 14,009 17,665
Cash and cash equivalents at end of period 13,096 12,090
Cash paid for:    
Interest 2,866 4,319
Supplemental schedule of non-cash investing and financing activities:    
Operating lease right-of-use assets obtained in exchange for lease liabilities $ 858 $ 1,792