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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating activities    
Net loss $ (93,781) $ (105,511)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation expense 9,370 10,234
Noncash lease expense 2,712 3,635
Share-based compensation expense 27,256 32,016
Intangible assets amortization 847 842
Investment amortization (4,742) (3,527)
Impairment of long-lived assets 7,195  
Inventory reserve 1,382 757
Noncash interest expense 1,422 2,807
Other 163 65
Changes in operating assets and liabilities    
Accounts receivable, net 2,359 8,464
Inventory 293 (6,542)
Prepaid expenses and other current assets 522 366
Accounts payable and accrued liabilities (3,534) (7,938)
Operating lease right-of-use assets and liabilities (4,785) (4,462)
Deferred revenue (2,354) (13,902)
Other 19 (12)
Net cash used in operating activities (55,656) (82,708)
Investing activities    
Purchases of property and equipment (3,240) (6,621)
Purchases of marketable securities (136,199) (188,479)
Proceeds from maturities of marketable securities 189,825 295,402
Net cash provided by investing activities 50,386 100,302
Financing activities    
Proceeds from exercise of stock options 74 2,141
Net cash provided by financing activities 74 2,141
Net (decrease) increase in cash, cash equivalents and restricted cash (5,196) 19,735
Cash, cash equivalents and restricted cash at beginning of year 67,996 92,428
Cash, cash equivalents and restricted cash at end of period 62,800 112,163
Noncash investing activities    
Purchases of equipment included in accounts payable and accrued liabilities 315 1,291
Supplemental disclosure of cash flow information    
Cash paid for interest $ 4,383 $ 4,642