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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating activities    
Net loss $ (47,533) $ (57,700)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation expense 4,791 5,004
Noncash lease expense 1,369 1,805
Share-based compensation expense 14,298 14,671
Intangible assets amortization 423 419
Investment amortization (2,643) (1,609)
Inventory reserve 249 1,080
Noncash interest expense 885 1,648
Other 114 5
Changes in operating assets and liabilities    
Accounts receivable, net (4,052) 9,085
Inventory 1,111 (6,607)
Prepaid expenses and other current assets 1,520 (352)
Accounts payable and accrued liabilities (3,941) (15,878)
Operating lease right-of-use assets and liabilities (2,549) (2,223)
Deferred revenue (2,393) (8,486)
Other (2) (14)
Net cash used in operating activities (38,353) (59,152)
Investing activities    
Purchases of property and equipment (1,511) (2,924)
Purchases of marketable securities (53,480) (89,097)
Proceeds from maturities of marketable securities 99,500 155,000
Net cash provided by investing activities 44,509 62,979
Financing activities    
Proceeds from exercise of stock options 44 672
Net cash provided by financing activities 44 672
Net increase in cash, cash equivalents and restricted cash 6,200 4,499
Cash, cash equivalents and restricted cash at beginning of year 67,996 92,428
Cash, cash equivalents and restricted cash at end of period 74,196 96,927
Noncash investing activities    
Purchases of equipment included in accounts payable and accrued liabilities 1,115 1,651
Supplemental disclosure of cash flow information    
Cash paid for interest $ 2,289 $ 2,760