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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities        
Net loss $ (151,395) $ (19,749) $ (38,379)  
Adjustments to reconcile net loss to net cash from operating activities        
Depreciation and amortization 53,063 29,019 29,599  
Inventory reserve expenses 27,576 14,907 10,826  
Amortization of inventory fair value step up 36,044      
Impairment of goodwill     11,756  
Amortization of operating lease assets, debt costs, and other assets 7,498 3,056 3,496  
Provision for expected credit losses 820 2,095 444  
Deferred income taxes 579 314 24,482  
Share-based compensation expense 35,707 18,443 15,432  
Interest and (gain) loss on the valuation of investment securities 596 (308) (1,146)  
Change in fair value of contingent consideration (2,700) (17,200) (3,575)  
Other 423 2,027 1,064  
Changes in operating assets and liabilities, net of effects of acquisitions        
Accounts receivable (10,411) (6,735) (7,049)  
Inventories (58,051) (33,040) (10,207)  
Prepaid expenses and other current assets 1,760 (874) (2,834)  
Accounts payable 8,642 2,282 4,253  
Other current liabilities 4,069 627 1,013  
Contract liability (Note 15)   (4,791) (9,060) $ 13,900
Payment of contingent consideration     (6,595)  
Other long-term assets and liabilities 27 (1,611) (5,045)  
Net cash from operating activities (45,753) (11,538) 18,475  
Cash flows from investing activities        
Capital expenditures for property, plant and equipment (60,256) (21,364) (17,785)  
Capital expenditures for intangible assets (1,794) (1,796) (1,807)  
Contingent consideration payments related to asset acquisitions   (1,500)    
Purchase of investment securities     (2,171)  
Cash acquired in SeaSpine merger 29,419      
Other investing activities (500) 126 (1,250)  
Net cash from investing activities (33,131) (24,534) (23,013)  
Cash flows from financing activities        
Proceeds from credit facilities 174,500      
Repayment of borrowings from credit facilities (79,000)      
Payment of debt acquired from SeaSpine merger (26,899)      
Proceeds from issuance of common shares 5,127 4,337 8,824  
Payments related to withholdings for share-based compensation (4,397) (1,729) (2,555)  
Payment of contingent consideration (1,000)   (8,405)  
Payments related to finance lease obligation (652) (2,594) (537)  
Payment of debt issuance costs and other financing activities (2,357) (92) (948)  
Net cash from financing activities 65,322 (78) (3,621)  
Effect of exchange rate changes on cash and restricted cash 619 (997) (815)  
Net change in cash, cash equivalents, and restricted cash (12,943) (37,147) (8,974)  
Cash, cash equivalents, and restricted cash at the beginning of the year 50,700 87,847 96,821  
Cash, cash equivalents, and restricted cash at the end of the year 37,757 50,700 87,847 96,821
Components of cash, cash equivalents, and restricted cash at the end of the year        
Cash and cash equivalents 33,107 50,700 87,847  
Restricted cash 4,650      
Cash, cash equivalents, and restricted cash at the end of the year $ 37,757 $ 50,700 $ 87,847 $ 96,821