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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities    
Net loss $ (78,119) $ (37,662)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 4,186 3,566
Credit loss expense on accounts receivable 102 286
Inventory step-up amortization   275
Non-cash operating lease expense 1,099 364
Stock-based compensation expense 11,779 11,044
Goodwill impairment 8,220  
Impairment of long-lived assets 8,695  
Other non-cash items 39 65
Changes in operating assets and liabilities:    
Accounts receivable 5,045 (1,556)
Inventory 3,919 (8,431)
Prepaid expenses and other assets (262) (1,395)
Other non-current assets (859) (3)
Accounts payable (7,085) (972)
Accrued compensation and benefits, other accrued expenses and other current liabilities (3,021) (2,860)
Deferred revenue 3,108 674
Operating lease liabilities (1,156) (902)
Other non-current liabilities 128 (108)
Net cash used in operating activities (44,182) (37,615)
Investing activities    
Purchases of property and equipment (10,131) (11,163)
Proceeds from RADx grant on assets purchased 520 7,019
Net cash used in investing activities (9,611) (4,144)
Financing activities    
Proceeds from stock options exercised 716 6,607
Sale of common stock in underwritten public offering, net   269,718
Proceeds from ESPP purchase 881 1,065
Payments on notes payable   (5,744)
Net cash provided by financing activities 1,597 271,646
Net (decrease) increase in cash, cash equivalents and restricted cash (52,196) 229,887
Effect of foreign currency exchange rate on cash (507) (66)
Cash, cash equivalents and restricted stock at beginning of period 399,042 182,584
Cash, cash equivalents and restricted stock at end of period 346,339 412,405
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 263 320
Noncash transactions:    
Purchases of property and equipment included in accounts payable 198 $ 306
Right-of-use asset obtained in exchange for lease liabilities $ 22,239