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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (96,322) $ (71,961) $ (37,109)
Adjustments to reconcile net loss to net cash used by operating activities      
Depreciation and amortization 4,262 463 295
Amortization of debt discount   14 8
Asset Impairment 4,441    
Non-employee warrant expense 289 931 481
Provision for warranty expense (784) 7,634 3,370
Loss on extinguishment of debt   27 164
Non-cash lease expense 1,405 621 461
Stock-based compensation related to acquisition 811 812 707
Stock-based compensation 12,905 7,319 1,052
Compensation expense related to acquisition 5,042   3,353
Change in fair value of earnout related to acquisition 310    
Deferred tax benefit (5,720) (18) 21
Non-cash interest expense 107 11 100
Provision for excess and obsolete inventory 117 (39) 778
Provision for doubtful accounts 242 226 512
Change in operating assets and liabilities      
Accounts receivable (15,943) (23,969) (13,526)
Inventory (42,811) (15,778) (11,090)
Deferred cost of revenue (9,880) (9,315) (8,584)
Prepaid expenses and other assets 2,366 (11,284) 1,014
Accounts payable 12,446 3,811 (72)
Accrued expenses and other liabilities 3,243 1,605 (3,209)
Deferred revenue 43,691 38,945 32,841
Lease liabilities (1,254) (449) (36)
Net cash used in operating activities (81,037) (70,376) (28,490)
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of property and equipment (1,113) (1,471) (298)
Payment for loan receivable   (2,000)  
Net cash used in investing activities (130,789) (9,373) (2,680)
CASH FLOWS FROM FINANCING ACTIVITIES      
Payments from revolving line of credit     7,179
Payments on revolving line of credit     (11,981)
Payments on term loan   (4,861) (139)
Payments of senior revolving facility transaction costs   (658)  
Payments on note payable related to acquisition     (4,327)
Proceeds from warrant exercise 3 5  
Proceeds from convertible notes     50
Proceeds from options exercise 186    
Proceeds for ESPP purchases 1,125    
Taxes paid related to net share settlements of stock-based compensation awards (4,045)    
Convertible preferred stock issued   35,000 57,500
Payments of convertible stock transaction costs   (207) (61)
Proceeds from business combination and private offering   500,628  
Payments for business combination and private offering transaction costs (70) (55,981)  
Net cash (used in) provided by financing activities (2,801) 473,926 48,221
Effect of exchange rate changes on cash and cash equivalents (264) (191) 143
Net (decrease) increase in cash, cash equivalents, and restricted cash (214,891) 393,986 17,194
Cash, cash equivalents, and restricted cash - beginning of period 432,604 38,618 21,424
Cash, cash equivalents, and restricted cash - end of period 217,713 432,604 38,618
Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets      
Cash and cash equivalents 210,409 430,841 38,618
Restricted cash, current portion 7,057 1,268  
Restricted cash, included in other long-term assets 247 495  
Total cash, cash equivalents, and restricted cash 217,713 432,604 38,618
Supplemental disclosure of cash flow information      
Interest paid 146 254 459
Cash paid for income taxes 197 14 83
Schedule of non-cash investing and financing activities      
Accrued property and equipment at period end 110 25 32
Contingent consideration   5,230  
Acquisition consideration held in escrow   1,021  
Conversion of convertible debt to preferred stock     7,787
Common stock issued as consideration for acquisition     813
Conversion of convertible preferred stock to common stock   146,225  
Zenith      
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisition, net of cash acquired     $ (2,382)
SightPlan      
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisition, net of cash acquired $ (129,676)    
iQuue      
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisition, net of cash acquired   $ (5,902)