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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 10 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Nov. 09, 2023
Dec. 31, 2023
Cash flows from operating activities:        
Net loss $ (34,223,000) $ (81,966,000)    
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization 9,551,000 6,035,000    
Amortization of inventory step-up 0 2,537,000    
Allowance for credit losses and inventory reserves 262,000 31,000    
Share-based compensation 25,577,000 11,395,000    
Amortization of discount and cost of issuance of debt 250,000 259,000    
Loss from change in fair value of warrants 0 47,332,000 $ 7,066,000  
(Gain) loss from change in fair value of contingent considerations and acquisition-related holdbacks (15,359,000) 1,630,000    
Loss from change in fair value of currency forward contract 552,000 0    
Deferred tax liabilities 0 (3,716,000)    
Amortization of right-of-use assets 822,000 525,000    
Changes in operating assets and liabilities:        
Accounts receivable 11,752,000 4,823,000    
Inventory (1,051,000) (9,973,000)    
Accounts payable (414,000) (2,937,000)    
Accrued expenses and other current liabilities (4,429,000) (2,085,000)    
Accrued payroll liabilities 454,000 269,000    
Prepaid and other current assets (1,816,000) (5,627,000)    
Operating lease liabilities (824,000) (453,000)    
Other long-term liabilities (453,000) (964,000)    
Net cash used in operating activities (9,349,000) (32,885,000)    
Cash flows from investing activities:        
Purchases of property and equipment (2,317,000) (3,199,000)    
Business combinations, net of cash acquired (3,200,000) (98,429,000)    
Net cash used in investing activities (5,517,000) (101,628,000)    
Cash flows from financing activities:        
Proceeds from issuance of common stock/At-the-market offering 0 34,946,000    
Offering costs for the issuance of common stock/At-the-market offering 0 (752,000)    
Proceeds from issuance of short-term debt obligations 10,740,000 747,000    
Issuance costs on line of credit (50,000) 0    
Payments on debt obligations (1,493,000) (11,825,000)    
Payments on financed software (2,341,000) (2,069,000)    
Proceeds from exercise of stock options 24,000 19,000    
Net cash provided by financing activities 6,880,000 21,066,000    
Effect of exchange rate changes on cash and cash equivalents 4,482,000 (1,034,000)    
Net decrease in cash and cash equivalents (3,504,000) (114,481,000)    
Cash, cash equivalents and restricted cash at beginning of period 151,678,000 321,879,000 $ 321,879,000  
Cash, cash equivalents and restricted cash at end of period 148,174,000 207,398,000    
Reconciliation of amounts on condensed consolidated balance sheet:        
Cash and cash equivalents 138,174,000 207,398,000   $ 151,678,000
Restricted cash 10,000,000     0
Total cash, cash equivalents and restricted cash 148,174,000 207,398,000   $ 151,678,000
Supplemental disclosure of cash flow information:        
Cash paid for interest 70,000 88,000    
Supplemental disclosure of non-cash investing and financing activities:        
Purchases of property and equipment, accrued but not paid (890,000) 348,000    
Fair value of common stock issued for business combination 0 85,391,000    
Fair value of common stock issuable for business combination 0 20,979,000    
Contingent consideration for business combination 4,599,000 73,047,000    
Accrual for purchase consideration for business combination 1,300,000 4,264,000    
Fair value of common stock issued for investment in Expedera $ 3,428,000 $ 0