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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Cash flows from operating activities      
Net loss $ (10,904) $ (11,125)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Stock-based compensation 7,030 6,194  
Depreciation and amortization 1,089 1,086  
Accounts receivable credit losses 82 50 $ 761
Amortization of discount and premium on marketable securities (1,561) (615)  
Amortization of debt issuance costs 42 81  
Loss on disposal of property and equipment 388 190  
Changes in operating assets and liabilities:      
Accounts receivable (196) (2,019)  
Inventory (772) (536)  
Prepaid expenses and other assets 524 311  
Accounts payable 2,371 (745)  
Accrued liabilities and other (5,664) (3,625)  
Net cash used in operating activities (7,571) (10,753)  
Cash flows from investing activities      
Maturities of marketable securities 67,000 30,000  
Purchases of marketable securities (58,571) (15,718)  
Purchases of property and equipment (2,082) (2,579)  
Net cash provided by investing activities 6,347 11,703  
Cash flows from financing activities      
Proceeds from debt financing 0 36,000  
Repayments of debt financing 0 (35,275)  
Payments of debt issuance costs 0 (40)  
Proceeds from the exercise of stock options 105 520  
Net cash provided by financing activities 105 1,205  
Effect of exchange rate changes on cash and cash equivalents (112) 97  
Net increase (decrease) in cash and cash equivalents (1,231) 2,252  
Cash and cash equivalents at      
Beginning of period 33,271 20,717 20,717
End of period 32,040 22,969 $ 33,271
Supplemental disclosure of non-cash information      
Unpaid purchases of property and equipment $ 1,228 $ 887