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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Unaudited - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net loss $ (13,465) $ (24,239)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 616 659
Amortization of investment discount 54 49
Equity-based compensation 2,979 8,839
Amortization of debt discount and issuance costs 162 2,996
Loss on disposal of property and equipment 152 0
Gain on extinguishment of debt (3,366) 0
(Increase) decrease in assets:    
Contributions to deferred compensation plan (5) (112)
Accounts receivable 206 (401)
Inventory (653) (683)
Prepaid expense and other (714) (292)
Increase (decrease) in liabilities:    
Accounts payable 1,154 575
Accrued liabilities 1,081 183
Accrued interest (751) (1,048)
Deferred revenue and income (53) (19)
Deferred compensation (3) 118
Net cash used in operating activities (12,606) (13,375)
Cash flows from investing activities:    
Purchases of equipment (447) 0
Purchase of marketable securities (24,144) (7,307)
Maturities of marketable securities 10,950 15,829
Net cash (used in) provided by investing activities (13,641) 8,522
Cash flows from financing activities:    
Proceeds from issuance of common stock 0 10,666
Proceeds from exercise of options 0 1,109
Proceeds from issuance of common stocks under employee purchase plan 77 80
Net cash provided by financing activities 77 11,855
Effect of exchange rate on cash (74) (57)
(Decrease) increase in cash and cash equivalents (26,244) 6,945
Cash and cash equivalents, beginning of period 39,898 35,781
Cash and cash equivalents, end of period 13,654 42,726
Non-cash investing activities:    
Net transfer of instruments from inventory to property and equipment 220 306
Supplemental cash flow information:    
Interest paid 1,506 2,144
Extinguishment of Convertible Senior Notes through issuance of common stock $ 1,258 $ 0