XML 17 R6.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net loss $ (20,724) $ (21,875)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,377 1,903
Amortization of debt issuance costs 200 0
Stock-based compensation 1,166 2,284
Inventory write-down 665 670
Impairment expense 1,016 0
Provision for bad debt 963 0
Gift card breakage 0 (1,901)
Changes in assets and liabilities:    
Accounts receivable 1,497 1,100
Inventory 963 776
Prepaid expenses and other current assets 2,002 2,705
Operating lease right-of-use assets and current and noncurrent lease liabilities (2,442) (2,754)
Accounts payable, accrued expenses and other current liabilities 1,341 (10,379)
Deferred revenue (89) (412)
Net cash used in operating activities (12,065) (27,883)
Cash flows from investing activities:    
Purchase of property and equipment (72) (643)
Changes in security deposits 137 44
Proceeds from sale of businesses 0 385
Net cash provided by (used in) investing activities 65 (214)
Cash flows from financing activities:    
Proceeds from line of credit 1,722 0
Payments on line of credit (1,650) 0
Proceeds from the exercise of stock options 0 7
Taxes withheld and paid on employee stock awards 0 (4)
Net cash provided by financing activities 72 3
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash (19) 420
Net decrease in cash, cash equivalents, and restricted cash (11,947) (27,674)
Cash, cash equivalents, and restricted cash—beginning of period 27,552 67,584
Cash, cash equivalents, and restricted cash—end of period 15,605 39,910
Supplemental disclosures of cash flow information:    
Cash paid for interest 4 25
Cash paid for taxes 0 69
Noncash investing and financing activities:    
Purchase of property and equipment included in accounts payable 0 48
Stock-based compensation included in capitalized internal-use software 2 38
Reconciliation of cash, cash equivalents, and restricted cash:    
Cash and cash equivalents 14,397 39,056
Restricted cash included in prepaid expenses and other current assets 1,208 854
Total cash, cash equivalents, and restricted cash $ 15,605 $ 39,910