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Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities    
Net loss $ (8,473) $ (171,719)
Adjustments to reconcile net loss to cash used by operating activities:    
Stock-based compensation 3,395 2,414
Impairment of property plant and equipment and intangible assets   114,440
Depreciation of property plant and equipment   7,674
Write down of inventory and prepaid inventory 0 19,764
Other non-cash changes   (1,085)
Changes in assets and liabilities:    
Inventory   (12,432)
Prepaid insurance and other assets 3,372 12,822
Accounts payable 1,541 (4,115)
Accrued legal and professional (4,818) (211)
Accrued expenses and other liabilities (4,572) (5,668)
Net Cash used in operating activities (9,555) (38,116)
Cash flows from investing activities    
Purchases of property plant and equipment   (7,948)
Purchases of short-term investments   (22,208)
Maturities of short-term investments   55,000
Net Cash provided by investing activities   24,844
Cash flows from financing activities    
Tax withholding payments related to net settled restricted stock compensation (106)  
Net Cash used in financing activities (106)  
Decrease in cash, cash equivalents, and restricted cash (9,661) (13,272)
Cash and cash equivalents, beginning balance 87,096 121,358
Cash, cash equivalents, and restricted cash ending balance 77,435 108,086
Non-cash items    
Non-cash derecognition of Foxconn down payments for sale of fixed assets   $ 256
Cash paid for reorganization items $ 5,600