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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Jan. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES        
Net loss   $ (40,184) $ (7,692)  
Adjustments to reconcile net loss to net cash used by operating activities        
Depreciation and amortization   1,943 1,501  
Goodwill impairment   24,929   $ 0
Provision for warranty expense   161 (552)  
Non-cash lease expense   297 375  
Stock-based compensation   2,836 3,281  
Compensation expense related to acquisition     137  
Change in fair value of earnout related to acquisition     80  
Non-cash interest expense   36 39  
Provision for excess and obsolete inventory   207 96  
Provision for expected credit losses   167 1,181  
Non-cash legal expense (Note 12 "Commitments and Contingencies") $ 140   4,955  
Change in operating assets and liabilities        
Accounts receivable   9,424 2,701  
Inventory   1,885 5,612  
Deferred cost of revenue   2,841 2,726  
Prepaid expenses and other assets   (380) 349  
Accounts payable   2,540 (7,448)  
Accrued expenses and other liabilities   (2,615) (6,673)  
Deferred revenue   (16,071) (3,591)  
Lease liabilities   (185) (414)  
Net cash used in operating activities   (12,169) (3,337)  
CASH FLOWS FROM INVESTING ACTIVITIES        
Purchase of property and equipment   (2,180) (34)  
Capitalized software costs   (1,289) (922)  
Net cash used in investing activities   (3,469) (956)  
CASH FLOWS FROM FINANCING ACTIVITIES        
Payments for repurchases of Class A common stock   (1,202) (4,373)  
Proceeds from options exercise     2  
Proceeds from ESPP purchases   175 337  
Taxes paid related to net share settlements of stock-based compensation awards   (478) (898)  
Payment of earnout related to acquisition     (1,530)  
Net cash used in financing activities   (1,505) (6,462)  
Effect of exchange rate changes on cash and cash equivalents   261 (6)  
Net decrease in cash, cash equivalents, and restricted cash   (16,882) (10,761)  
Cash, cash equivalents, and restricted cash - beginning of period $ 215,709 142,482 215,709 215,709
Cash, cash equivalents, and restricted cash - end of period   125,600 204,948 142,482
Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets        
Cash and cash equivalents   125,600 204,701 142,482
Restricted cash, current portion     247  
Total cash, cash equivalents, and restricted cash   125,600 204,948 $ 142,482
Supplemental disclosure of cash flow information        
Interest paid   70 72  
Cash paid for income taxes   126 6  
Schedule of non-cash investing and financing activities        
Accrued property and equipment at period end   $ 829 81  
Stock repurchases excise tax charged to equity     $ 24