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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income $ 1,909 $ 8,899
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and Amortization Expense 659 375
Deferred income taxes (440) (406)
Non-cash operating lease cost 666 374
Stock-based compensation 10,790 8,477
Changes in operating assets and liabilities:    
Accounts receivable 3,085 (469)
Inventory (2,397) (16,697)
Prepaid expenses and other current assets 2,303 (3,857)
Other assets 62 (185)
Accounts payable (12,439) 2,372
Accrued expenses (4,894) (560)
Accrued compensation and benefits 231 (2,371)
Sales tax payable 332 607
Gift card liability (351) (315)
Deferred revenue (2,080) 9
Returns reserve 44 (233)
Income tax payable 382 (3,648)
Operating lease liabilities (743) (389)
Net cash used in operating activities (2,881) (8,017)
Cash flows from investing activities:    
Purchases of property and equipment (772) (364)
Net cash used in investing activities (772) (364)
Cash flows from financing activities:    
Proceeds from stock option exercises and employee stock purchases 1 352
Tax payments related to net share settlements on restricted stock units (246) 0
Net cash (used in) provided by financing activities (245) 352
Net change in cash, cash equivalents, and restricted cash (3,898) (8,029)
Cash, cash equivalents, and restricted cash, beginning of period 159,775 197,430
Cash, cash equivalents, end of period 155,877 189,401
Supplemental disclosures:    
Property and equipment included in accounts payable and accrued expenses $ 123 $ 149