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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net (loss) income $ (1,234) $ 4,192
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 1,731 557
Amortization of operating lease-right-of use assets 2,064 0
Stock-based compensation 12,130 3,578
Gain on equity method investment 0 (40)
Provision for excess and obsolete inventory 462 333
Interest expenses for accretion of the legal settlement liabilities 1,611 1,215
Change in operating assets and liabilities:    
Trade accounts receivable (11,780) (11,647)
Inventories (19,537) (4,838)
Prepaid expenses and other assets (15,035) (5,002)
Trade accounts payable 2,770 486
Accrued expenses and other liabilities 2,828 2,099
Legal settlement liabilities 478 1,612
Deferred revenue 6,496 6,637
Lease liabilities (1,408) 0
Net cash used in operating activities (18,424) (818)
Cash flows from investing activities:    
Purchase of property and equipment (3,218) (3,068)
Purchase of intangible assets (patents) (40)  
Payment for investment (1,587) 0
Payment for additional investment in Cytek Japan, net of cash acquired 0 371
Net cash used in investing activities (4,845) (2,697)
Cash flows from financing activities:    
Repayment of Paycheck Protection Program loan 0 (2,772)
Proceeds from Issuance Initial Public Offering 0 215,689
Proceeds from Employee Stock Purchase Plan 765 0
Payments for taxes related to net share settlement of equity awards (138) 0
Proceeds from issuance of common stock under employee stock plans 1,036 625
Net cash provided by financing activities 1,663 213,542
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1,489) 625
Cash, cash equivalents and restricted cash:    
Net (decrease) increase in cash, cash equivalents and restricted cash (23,095) (210,652)
Cash, cash equivalents and restricted cash at beginning of period 364,618 166,119
Cash, cash equivalents and restricted cash at end of period 341,523 376,771
Supplemental disclosure of cash flow information:    
Cash paid for taxes 9,930 2,238
Non-cash investing and financing activities:    
Fixed asset purchases in accounts payable at period end 235 309
Intangible asset in accrued expenses at period end $ 69 $ 90