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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities      
Net loss $ (4,595) $ (20,184) $ (68,002)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities      
Impairment of intangible assets 0 0 5,758
Impairment of long-lived assets 0 0 9,727
Gain on settlement of Global Cooling escrow 0 0 (5,115)
Depreciation 2,253 5,160 7,114
Amortization of intangible assets 2,434 3,501 5,181
Amortization of loan costs 0 0 13
Stock-based compensation 22,993 30,923 33,245
Non-cash lease expense 1,875 424 404
Deferred income tax expense (benefit) 65 (64) (62)
Change in fair value of contingent consideration 0 0 (2,193)
Change in fair value of equity investment and other (983) 4,074 0
Accretion of investments (736) (474) (1,262)
Loss on disposal of assets held for rent, net 510 567 594
Loss on disposal of property and equipment, net 11 154 633
IPR&D expense 15,521 0 0
Net gain on disposal of subsidiaries (10,324) (15,877) 0
Change in operating assets and liabilities      
Accounts receivable, trade, net 264 (2,899) 15,351
Inventories (1,268) 781 (8,552)
Prepaid expenses and other current assets (3,039) (2,407) 137
Accounts payable (2,086) 26 (8,425)
Accrued expenses and other current liabilities (1,144) 6,485 2,002
Sales taxes payable (1,905) (973) 1,311
Warranty liability 5 (528) (454)
Other 264 (258) 97
Net cash provided by (used in) operating activities 20,115 8,431 (12,498)
Cash flows from investing activities      
Purchases of property and equipment (9,478) (3,227) (6,381)
Purchases of assets held for rent (886) (2,068) (4,856)
Proceeds from sale of available-for-sale securities 6,829 3,518 3,469
Maturities of available-for-sale securities 34,764 18,400 52,700
Investment in available-for-sale securities (114,063) (18,415) (27,095)
Purchases of intangible assets 0 (300) 0
Investment in IPR&D (10,221) 0 0
Investment in convertible promissory note (2,000) 0 0
Proceeds from sale of divested entities 23,516 73,431 0
Payments on divestiture of Global Cooling 0 (13,039) 0
Net cash (used in) provided by investing activities (71,539) 58,300 17,837
Cash flows from financing activities      
Payments on term loan (10,000) (5,000) (300)
Payments on equipment loans 0 (1,608) (198)
Issuance of common stock 0 0 10,244
Proceeds from exercise of common stock options 18 202 507
Proceeds from financed insurance premium 0 2,094 2,639
Payments on financed insurance premium (975) (2,397) (2,365)
Other 33 (74) 64
Net cash (used in) provided by financing activities (10,924) (6,783) 10,591
Net (decrease) increase in cash and cash equivalents (62,348) 59,948 15,930
Cash and cash equivalents – beginning of period 95,386 35,438 19,473
Effects of currency translation on cash and cash equivalents 0 0 35
Cash and cash equivalents – end of period 33,038 95,386 35,438
Non-cash investing and financing activities      
Assets acquired under operating leases 0 5,833 880
Assets acquired under finance leases 0 0 1,682
Purchase of property and equipment not yet paid 0 107 359
Unrealized loss (gain) on available-for-sale securities 108 (18) (56)
Unrealized gain on currency translation 0 0 (12)
Non-cash acquisition of PanTHERA 5,300 0 0
Cashless issuance of SciSafe earnout shares 0 0 2,263
Returned shares from settlement of Global Cooling escrow 0 0 (5,115)
Cash interest paid $ 762 $ 1,608 $ 1,927