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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (64,362) $ (73,308)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 5,707 7,843
Loss on write-off and disposal of property and equipment and right-of-use asset impairment 106 468
Gain on lease termination (65) 0
Stock-based compensation 33,553 31,618
Reduction of revenue related to stock warrant issued to customer 2,054 861
Amortization of right-of-use asset 3,868 3,606
Accretion or amortization on short-term investments (2,400) (4,239)
Change in fair value of warrant liabilities (8) (191)
(Recovery) provision for inventory write-down (551) 756
Provision (recovery) of doubtful accounts 120 (894)
Realized gain on available for sale securities (4) (275)
Changes in operating assets and liabilities:    
Accounts receivable (2,930) 412
Inventory 455 3,851
Prepaid expenses and other assets (5,943) 22,499
Accounts payable 9,216 2,338
Accrued and other liabilities 6,056 (29,466)
Contract liabilities (4,374) 7,625
Operating lease liability (5,028) (4,637)
Net cash used in operating activities (24,530) (31,133)
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from sale of property and equipment 0 668
Purchases of property and equipment (3,143) (2,307)
Purchase of short-term investments (118,424) (85,585)
Proceeds from sales of short-term investments 90,000 122,082
Net cash (used in) provided by investing activities (31,567) 34,858
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from ESPP purchase 980 781
Proceeds from exercise of stock options 83 170
Repayment of borrowings 0 (43,975)
Payments received (remitted) to fund employees tax obligation for vested RSUs 2,440 0
Proceeds from the issuance of common stock under at-the-market offering, net of commissions and fees 94,057 33,792
At-the-market offering costs for the issuance of common stock (232) (202)
Net cash provided by (used in) financing activities 97,328 (9,434)
Effect of exchange rates on cash and cash equivalents 436 (206)
Net increase (decrease) in cash, cash equivalents and restricted cash 41,667 (5,915)
Cash, cash equivalents and restricted cash at beginning of period 48,099 52,634
Cash, cash equivalents and restricted cash at end of period 89,766 46,719
SUPPLEMENTAL DISCLOSURES OF OPERATING ACTIVITIES:    
Cash paid for interest 0 2,073
Income tax refunds, net of payments (768) (218)
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING INFORMATION:    
Property and equipment purchases included in accounts payable and accrued liabilities 1,989 17
Right-of-use assets obtained in exchange for operating lease liability $ 742 $ 0