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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities    
Net income $ 8,733 $ 6,804
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation 2,108 931
Amortization of deferred financing costs 108 142
Amortization of right-of-use assets 537 0
Share based compensation expense 20,939 1,959
Provision for doubtful accounts (22) 15
Loss on extinguishment of debt 0 648
Loss on change in fair value of warrant liabilities 0 3,317
Changes in:    
Accounts receivable 10,898 9,550
Inventories 8,924 3,242
Prepaid expenses, deposits and other assets 4,525 2,945
Accounts payable 2,042 984
Payroll-related accruals, accrued expenses and other liabilities 12,919 4,473
Lease prepayments for lessor's owned leasehold improvements (11,964) 0
Operating lease liabilities (574) 0
Net cash provided by operating activities 10,479 3,536
Cash flows from investing activities    
Purchases of property and equipment (10,927) (3,076)
Purchases of marketable security investments (105,438) 0
Maturities of marketable security investments 68,000 0
Net cash used in investing activities (48,365) (3,076)
Cash flows from financing activities    
Proceeds from issuance of common stock under employee stock purchase plan 5,558 0
Proceeds from exercise of stock options 732 227
Payment of taxes related to vested restricted stock units 1,597 0
Proceeds from issuance of common stock upon initial public offering, net of issuance costs paid 0 164,361
Proceeds from notes payable 0 10,000
Repayments of notes payable   30,250
Debt financing costs 0 (453)
Proceeds from exercise of warrants 0 4
Net cash provided by financing activities 4,693 143,889
Effect of foreign exchange rate on cash and cash equivalents (266) 0
Net (decrease) increase in cash (33,459) 144,349
Cash, cash equivalents and restricted cash beginning of period 114,617 168,376
Cash, cash equivalents and restricted cash end of period 81,158 24,027
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 271 82
Cash paid for interest 113 966
Noncash investing and financing:    
Lease liabilities arising from obtaining new right-of-use assets 28,648 0
Common stock issued on conversion of convertible preferred stock 0 54,170
Common stock warrants issued on conversion of preferred stock warrants and the reclassification of the warrant liability 0 4,486
Deferred initial public offering cost recorded to additional paid in capital $ 0 $ 1,382