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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (46,463) $ (64,103)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 7,334 10,033
Amortization of debt issuance costs 8 25
Stock-based compensation 6,273 10,972
Inventory write-down 866 7,444
Realized loss on equity investments 0 84
Provision for bad debt 802 0
Net loss from sales of businesses 194 0
Deferred taxes 393 0
Changes in assets and liabilities:    
Accounts receivable (3,208) 4,585
Inventory 1,492 16,344
Prepaid expenses and other current assets 2,976 195
Operating lease right-of-use assets and current and noncurrent lease liabilities (8,897) 2,685
Accounts payable and accrued expenses (3,438) (8,023)
Deferred revenue (123) (326)
Net cash used in operating activities (41,791) (20,085)
Cash flows from investing activities:    
Purchase of property and equipment (2,427) (7,607)
Changes in security deposits 1,173 444
Proceeds from sale of equity investment 0 166
Proceeds from sale of businesses 1,349 0
Net cash provided by (used in) investing activities 95 (6,997)
Cash flows from financing activities:    
Proceeds from the exercise of stock options 34 229
Taxes withheld and paid on employee stock awards (1) (149)
Proceeds from issuance of common stock under employee stock purchase plan 150 233
Net cash provided by financing activities 183 313
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash (1,092) (453)
Net decrease in cash, cash equivalents, and restricted cash (42,605) (27,222)
Cash, cash equivalents, and restricted cash—beginning of period 130,673 167,767
Cash, cash equivalents, and restricted cash—end of period 88,068 140,545
Supplemental disclosures of cash flow information:    
Cash paid for interest 73 62
Cash paid for taxes 1,169 1,268
Noncash investing and financing activities:    
Purchase of property and equipment included in accounts payable 2 603
Stock-based compensation included in capitalized internal-use software 173 429
Reconciliation of cash, cash equivalents, and restricted cash:    
Cash and cash equivalents 87,224 139,909
Restricted cash included in prepaid expenses and other current assets 845 636
Total cash, cash equivalents, and restricted cash $ 88,068 $ 140,545