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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (12,297) $ (23,564)  
Adjustments to reconcile net loss to net cash used by operating activities      
Depreciation and amortization 3,086 2,596  
Impairment of investment in non affiliate 2,250    
Provision for warranty expense (837)    
Non-cash lease expense 732 412  
Stock-based compensation related to acquisition   109  
Stock-based compensation 6,565 6,847  
Compensation expense related to acquisition   1,769  
Change in fair value of earnout related to acquisition 140 306  
Non-cash interest expense 72 65  
Provision for excess and obsolete inventory 120 47  
Provision for expected credit losses 1,360 (1)  
Non-cash legal expense (Note 12 "Commitments and Contingencies") 4,955    
Change in operating assets and liabilities      
Accounts receivable (4,712) 2,416  
Inventory 2,059 15,188  
Deferred cost of revenue 5,155 7,285  
Prepaid expenses and other assets (1,839) (6,311)  
Accounts payable (8,663) (12,059)  
Accrued expenses and other liabilities (3,339) (13,201)  
Deferred revenue (11,208) 2,878  
Lease liabilities (813) (466)  
Net cash used in operating activities (17,214) (15,684)  
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of property and equipment (275) (49)  
Capitalized software costs (1,722) (2,279)  
Net cash used in investing activities (1,997) (2,328)  
CASH FLOWS FROM FINANCING ACTIVITIES      
Payments for repurchases of Class A common stock (6,381)    
Proceeds from options exercise 2 71  
Proceeds from ESPP purchases 337 438  
Taxes paid related to net share settlements of stock-based compensation awards (1,267) (1,085)  
Payment of earnout related to acquisition (1,530) (1,702)  
Net cash used in financing activities (8,839) (2,278)  
Effect of exchange rate changes on cash and cash equivalents 23 41  
Net decrease in cash, cash equivalents, and restricted cash (28,027) (20,249)  
Cash, cash equivalents, and restricted cash - beginning of period 215,709 217,713 $ 217,713
Cash, cash equivalents, and restricted cash - end of period 187,682 197,464 215,709
Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets      
Cash and cash equivalents 187,435 196,970 215,214
Restricted cash, current portion 247 247 495
Restricted cash, included in other long-term assets   247  
Total cash, cash equivalents, and restricted cash 187,682 197,464 $ 215,709
Supplemental disclosure of cash flow information      
Interest paid 131 56  
Cash paid for income taxes 165 71  
Schedule of non-cash investing and financing activities      
Accrued property and equipment at period end 55    
Stock repurchases excise tax charged to equity $ 19    
Other receivable for options exercised at period end   $ 94