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Condensed Statements of Cash Flows
$ in Thousands
9 Months Ended
Sep. 30, 2021
USD ($)
Sep. 30, 2020
USD ($)
Cash Flows From Operating Activities:    
Net loss $ (32,272) $ (11,892)
Adjustments to reconcile net loss to net cash used in operating activities:    
Bargain purchase gain   (643)
Amortization of debt discount and debt issuance costs 3,342 2,213
Non-cash interest expense from long-term debt and convertible notes 5,395 5,130
Loss on extinguishment of convertible notes 16,853  
Depreciation and amortization 7,948 4,415
Gain on extinguishment of PPP loan (3,036)  
Stock-based compensation expense 5,684 754
Change in fair value of redeemable convertible preferred stock warrant liability 535 (34)
Change in fair value of contingent consideration liability 780  
Change in fair value of derivative liabilities (15,243) (9,201)
Deferred taxes   (132)
Net changes in operating assets and liabilities:    
Accounts receivable, net 1,621 (4,820)
Inventory (6,600) 5,325
Prepaid expenses and other current assets (2,461) (1,914)
Accounts payable 4,951 (723)
Accrued liabilities 1,227 1,000
Accrued compensation (30) (48)
Net cash used in operating activities (11,306) (10,570)
Cash Flows From Investing Activities:    
Cash paid for business combination   (15,000)
Purchase of property and equipment (888) (726)
Net cash used in investing activities (888) (15,726)
Cash Flows From Financing Activities:    
Proceeds from issuance of common stock 963 91
Proceeds from issuance of convertible notes and borrowing under term loans, net of payment of lender fees and costs   17,959
Net cash provided by financing activities 963 18,050
Net decrease in cash, cash equivalents and restricted cash (11,231) (8,246)
Cash, cash equivalents and restricted cash at the beginning of the period 25,166 34,783
Cash, cash equivalents and restricted cash at the end of the period 13,935 26,537
Reconciliation of cash, cash equivalents and restricted cash to balance sheets    
Cash and cash equivalents 6,128 18,839
Restricted cash 7,807 7,698
Cash, cash equivalents and restricted cash in balance sheets 13,935 26,537
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest 1,894 1,338
Supplemental Disclosure of Non-cash Items:    
Forgiveness of PPP loan (3,036)  
Issuance of derivative instruments related to convertible notes   6,849
Fair value of net assets acquired in business combination   57,222
Fair value of contingent consideration in connection to business combination   23,842
Fair value of delayed cash consideration in connection to business combination   15,000
Issuance of Series D redeemable convertible preferred stock in connection to business combination   2,737
Vesting of early exercised stock options 54  
Reclassification of inventory to property and equipment for customer usage agreements $ 1,934 $ 264