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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net (loss) $ (29,699) $ (3,188) $ (1,383)
Adjustments to reconcile net (loss) to net cash flows provided by operating activities:      
Provision for loss (gains) on accounts receivable 29 (23) 15
Loss on disposal of equipment 538 1,805 787
Share-based compensation 24,998 10,925 7,834
Inventory obsolescence 349 232 113
Depreciation and amortization 30,468 21,125 15,922
Amortization of deferred financing costs and loan discount 1,212 834 211
Change in operating lease right of use asset 1,329 1,289 432
Loss on equity method investment 2,005 0 0
Changes in operating assets and liabilities:      
Accounts receivable (16,371) 166 (8,019)
Inventories (16,804) (6,808) (3,338)
Prepaid expenses and other current assets (2,891) 9,437 (11,969)
Other assets (7,899) (719) 118
Accounts payable 14,958 (5,922) 2,777
Accrued expenses (273) (6,762) 13,082
Other lease liabilities (1,302) (1,198) (265)
Net cash flows provided by operating activities 647 21,193 16,317
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of short-term investments 0 (20,000) 0
Proceeds from maturities of short-term investments 0 20,000 0
Investments in equity method investment 0 (27,894) 0
Acquisitions of property, plant and equipment, software and deposits on equipment (322,099) (134,568) (70,633)
Net cash flows used in investing activities (322,099) (162,462) (70,633)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from common shares issued in primary offering, net of issuance cost 332,172 252,062 0
Proceeds from exercise of options to purchase common stock 2,271 5,441 4,460
Tax withholdings related to net shares settlements of restricted stock units (4,187) (2,568) (1,295)
Proceeds from borrowings under Credit Facilities 0 20,933 72,291
Repayment of borrowings under Credit Facilities 0 (76,000) (18,500)
Financing fees paid in connection with borrowings (3,263) (824) (723)
Net cash flows provided by financing activities 326,993 199,044 56,234
NET CHANGE IN CASH AND CASH EQUIVALENTS 5,541 57,775 1,917
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 67,247 9,472 7,554
CASH AND CASH EQUIVALENTS, END OF PERIOD 72,788 67,247 9,472
SUPPLEMENTAL CASH FLOW INFORMATION:      
Taxes paid 182 88 9
Interest paid 1,730 1,061 522
NON-CASH FINANCING AND INVESTING ACTIVITIES:      
Property, plant and equipment purchases in accounts payable and accrued expenses 22,482 11,281 7,575
Non-cash acquisitions of property, plant and equipment $ 0 $ 0 $ 1,750