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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities    
Net loss $ (9,052) $ (9,236)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 3,117 3,030
Allowance for doubtful accounts   600
Provision for (reversal of) excess and obsolete inventories 293 (643)
Stock-based compensation 3,182 2,122
Other 180 387
Changes in other assets and liabilities, net of acquisitions:    
Accounts receivable 441 (2,240)
Inventories (8,435) (2,329)
Accounts payable 5,592 (1,178)
Accrued expenses (877) (682)
Accrued legal settlement (9,000)  
Income tax receivable/payable 132 669
Other assets and liabilities 367 (3)
Net cash used in operating activities (14,060) 9,503
Cash flows from investing activities    
Purchases of property and equipment (7,521) (23,036)
Proceeds from sale of property and equipment 223 305
Purchases of intangible assets (254) (704)
Acquisition of Disior, net of cash received   (18,201)
Net cash used in investing activities (7,552) (41,636)
Cash flows from financing activities    
Proceeds from draw down on term loan   20,000
Proceeds from issuance of long-term debt   16,000
Payments on long-term debt (197) (37)
Payments of debt issuance costs (7) (405)
Proceeds from issuance of common stock, net of issuance costs 68,449  
Proceeds from exercise of stock options 1,622 12
Payments on earnout liability (500)  
Net cash provided by financing activities 69,367 35,570
Effect of exchange rate changes on cash (340) (136)
Net increase (decrease) in cash 47,415 (15,705)
Cash at beginning of period 38,468 109,352
Cash at end of period 85,883 93,647
Supplemental disclosures of cash flow information:    
Cash paid for interest 601 273
Purchase of property and equipment included in accounts payable $ 4,026 $ 1,804