XML 18 R7.htm IDEA: XBRL DOCUMENT v3.21.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities:    
Net loss $ (3,289) $ (4,705)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization expense 811 533
Stock compensation expense 7,019 3,768
Foreign currency translation loss 2 7
Gain on sale of fixed assets (22) 0
Amortization of premiums and discounts on marketable securities 273 (20)
Non-cash lease cost 1,171 794
Changes in operating assets and liabilities:    
Inventory (966) (466)
Accounts receivable 5,382 7,997
Other current assets (320) (549)
Accounts payable 2,174 (59)
Accrued expenses (1,328) (1,864)
Operating lease liabilities (821) (750)
Net cash provided by operating activities 10,086 4,686
Investing activities:    
Purchases of investments (10,426) (5,676)
Sales and maturities of investments 24,955 20,135
Expenditures for property, plant and equipment (2,343) (717)
Net cash provided by investing activities 12,186 13,742
Financing activities:    
Net proceeds from common stock issuance due to stock option exercises 3,781 420
Payments on employee's behalf for taxes related to vesting of restricted stock units (1,501) (97)
Other (18) (17)
Net cash provided by financing activities 2,262 306
Net increase in cash, cash equivalents, and restricted cash 24,534 18,734
Cash, cash equivalents, and restricted cash at beginning of period 33,831 26,978
Cash, cash equivalents, and restricted cash at end of period $ 58,365 $ 45,712