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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (59,494) $ (29,699) $ (3,188)
Adjustments to reconcile net loss to net cash flows (used in) provided by operating activities:      
Provision for (gains) loss on accounts receivable (20) 29 (23)
Loss on disposal of equipment 396 538 1,805
Share-based compensation 26,092 24,998 10,925
Inventory obsolescence 3,455 349 232
Depreciation and amortization 34,555 30,468 21,125
Amortization of deferred financing costs and loan discount 795 1,212 834
Change in operating lease right of use asset 1,372 1,329 1,289
Loss on equity method investment 3,731 2,005 0
Changes in operating assets and liabilities:      
Accounts receivable (32,993) (16,371) 166
Inventories (26,171) (16,804) (6,808)
Prepaid expenses and other current assets (435) (2,891) 9,437
Other assets (3,141) (7,899) (719)
Accounts payable (3,063) 14,958 (5,922)
Accrued expenses 13,078 (273) (6,762)
Other lease liabilities (1,384) (1,302) (1,198)
Net cash flows (used in) provided by operating activities (43,227) 647 21,193
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of short-term investments (19,840) 0 (20,000)
Proceeds from maturities of short-term investments 19,840 0 20,000
Investments in equity method investment (3,293) 0 (27,894)
Acquisitions of property, plant and equipment, software and deposits on equipment (230,071) (322,099) (134,568)
Net cash flows used in investing activities (233,364) (322,099) (162,462)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from common shares issued in primary offering, net of issuance cost 337,508 332,172 252,062
Proceeds from exercise of options to purchase common stock 471 2,271 5,441
Tax withholdings related to net shares settlements of restricted stock units (1,441) (4,187) (2,568)
Proceeds from borrowings under Credit Facility 78,000 0 20,933
Repayment of borrowings under Credit Facility (78,000) 0 (76,000)
Fees paid in connection with financing agreements 0 (3,263) (824)
Net cash flows provided by financing activities 336,538 326,993 199,044
NET CHANGE IN CASH AND CASH EQUIVALENTS 59,947 5,541 57,775
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 72,788 67,247 9,472
CASH AND CASH EQUIVALENTS, END OF PERIOD 132,735 72,788 67,247
SUPPLEMENTAL CASH FLOW INFORMATION:      
Taxes paid 297 182 88
Interest paid 3,152 1,730 1,061
NON-CASH FINANCING AND INVESTING ACTIVITIES:      
Property, plant and equipment purchases in accounts payable and accrued expenses 44,258 22,482 11,281
Issuance of partner warrants $ 9,775 $ 0 $ 0