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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net (loss) income $ (100,116) $ 44,224 $ (378,764)
Adjustments to reconcile net (loss) income to net cash from operating activities      
Share-based compensation 22,544 28,495 12,418
Amortization of intangible assets 20,907 14,852 13,297
Depreciation of property and equipment 11,332 7,164 4,486
Amortization of other assets 2,436 857 147
Amortization of debt issuance costs 4,229 4,229 4,061
Syndeo inventory write-down 19,568 0 0
Inventory write-down 18,272 5,144 1,134
Provision for estimated credit losses 5,153 1,622 854
Change in fair value adjustment of warrant liabilities (11,919) (78,343) 277,315
Change in fair value adjustment of earn-out shares 0 0 47,100
Other, net 5,988 10,423 5,733
Changes in operating assets and liabilities:      
Accounts receivable 16,520 (32,025) (31,013)
Inventories (22,617) (84,363) (7,288)
Income taxes receivable (3,666) 3,871 35
Prepaid expenses and other current assets (3,285) (17,718) (5,067)
Accounts payable 15,783 (262) 10,523
Accrued payroll and other expenses 26,936 (3,357) 24,784
Income taxes payable 1,282 665 (594)
Other, net (7,597) (12,078) (7,522)
Net cash provided by (used for) operating activities 21,750 (106,600) (28,361)
Cash flows used in investing activities:      
Cash paid for intangible assets (9,224) (6,547) (4,415)
Cash paid for property and equipment (3,825) (10,847) (11,201)
Cash paid for asset acquisitions (18,458) (1,475) 0
Cash paid for business acquisition 0 0 (22,896)
Other, net 0 0 781
Net cash used for investing activities (31,507) (18,869) (37,731)
Cash flows from financing activities:      
Repurchases of Class A Common Shares (30,155) (160,000) 0
Payment of accelerated share repurchases (2,240) 0 0
Payment of tax withholdings on vested stock awards (3,234) (927) 0
Payment of contingent consideration related to acquisitions (1,819) 0 0
Proceeds from issuance of convertible senior notes 0 0 750,000
Purchase of capped calls related to convertible senior notes 0 0 (90,150)
Proceeds from exercise of warrants 0 0 188,378
Proceeds from revolving facility 0 0 5,000
Repayment of revolving facility 0 0 (5,000)
Payment of debt issuance costs 0 0 (21,341)
Repayment of term loan 0 0 (225,486)
Proceed from Business Combination 0 0 357,634
Advanced payment for equity forward contract 0 (40,000) 0
Other, net 0 (4,315) 0
Net cash (used for) provided by financing activities (37,448) (205,242) 959,035
Net change in cash and cash equivalents (47,205) (330,711) 892,943
Effect of foreign currency translation on cash 2,033 (2,978) (543)
Cash and cash equivalents, beginning of period 568,197 901,886 9,486
Cash and cash equivalents, end of period 523,025 568,197 901,886
Supplemental disclosures of cash flow information and non-cash investing and financing activities:      
Cash paid for interest 9,375 9,818 10,249
Class A Common Stock issued for asset acquisition 1,310 500 0
Cash paid (received) for income taxes 2,269 (1,339) 1,700
Issuance of earn-out shares 0 0 136,575
Trade receivables due from seller 0 0 6,623
Notes payable to seller 0 0 2,153
Contingent consideration 0 0 783
Issuance of Class A Common Stock in connection with business acquisitions $ 0 $ 0 $ 9,341