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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (23,564) $ (48,983)
Adjustments to reconcile net loss to net cash used by operating activities    
Depreciation and amortization 2,596 1,636
Non-employee warrant expense   238
Non-cash lease expense 412 648
Stock-based compensation related to acquisition 109 401
Stock-based compensation 6,847 6,945
Compensation expense related to acquisition 1,769 2,109
Change in fair value of earnout related to acquisition 306  
Deferred tax benefit   (5,889)
Non-cash interest expense 65 41
Provision for excess and obsolete inventory 47 16
Provision for doubtful accounts (1)  
Change in operating assets and liabilities    
Accounts receivable 2,416 1,493
Inventory 15,188 (26,197)
Deferred cost of revenue 7,285 (6,884)
Prepaid expenses and other assets (6,311) 5,856
Accounts payable (12,059) 8,800
Accrued expenses and other liabilities (13,201) (3,676)
Deferred revenue 2,878 29,091
Lease liabilities (466) (496)
Net cash used in operating activities (15,684) (34,851)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (49) (470)
Capitalized software costs (2,279) (1,829)
Net cash used in investing activities (2,328) (131,252)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from warrant exercise   3
Proceeds from options exercise 71 62
Proceeds for ESPP purchases 438 488
Taxes paid related to net share settlements of stock-based compensation awards (1,085) (3,389)
Payments for business combination and private offering transaction costs   (70)
Payment of earnout related to acquisition (1,702)  
Net cash used in financing activities (2,278) (2,906)
Effect of exchange rate changes on cash and cash equivalents 41 (432)
Net (decrease) in cash, cash equivalents, and restricted cash (20,249) (169,441)
Cash, cash equivalents, and restricted cash - beginning of period 217,713 432,604
Cash, cash equivalents, and restricted cash - end of period 197,464 263,163
Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets    
Cash and cash equivalents 196,970 255,008
Restricted cash, current portion 247 7,660
Restricted cash, included in other long-term assets 247 495
Total cash, cash equivalents, and restricted cash 197,464 263,163
Supplemental disclosure of cash flow information    
Interest paid 56  
Cash paid for income taxes 71 49
Schedule of non-cash investing and financing activities    
Accrued property and equipment at period end   71
Acquisition consideration held in escrow   850
Other receivable for options exercised at period end $ 94  
SightPlan    
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisition, net of cash acquired   $ (128,953)