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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net loss $ (34,520) $ (19,667)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 5,324 4,806
Amortization of acquisition related intangible assets 985 5,837
Non-cash operating lease cost 1,561 1,633
Loss on disposal of property and equipment 97 1,852
Long lived asset impairment 3,101 0
Stock-based compensation expense 10,875 11,428
Deferred income taxes 26 (4,484)
Provision for credit losses 1,023 74
Provision for inventory 26,078 2,607
Changes in operating assets and liabilities:    
Accounts receivable 6,638 (201)
Inventories (11,815) (8,257)
Prepaid expenses, other current and long-term assets 504 818
Accounts payable (2,385) (1,319)
Operating lease liabilities (1,505) (1,575)
Accrued expenses, other current and long-term liabilities (2,734) 914
Income taxes 568 108
Net cash provided by (used in) operating activities 3,821 (5,426)
Cash flows from investing activities:    
Purchases of property and equipment (6,427) (3,587)
Acquisition of intangible assets (600) 0
Net cash used in investing activities (7,027) (3,587)
Cash flows from financing activities:    
Proceeds from employee stock purchase program 411 456
Cash paid for tax withheld on vested restricted stock awards (2,523) (2,159)
Proceeds from exercises of equity awards 76 37
Repurchases of common stock (5,339) (5,000)
Net cash used in financing activities (7,375) (6,666)
Exchange rate impact on cash 82 3
Decrease in cash and cash equivalents (10,499) (15,676)
Cash and cash equivalents at beginning of period 72,867 86,327
Cash and cash equivalents at end of period 62,368 70,651
Supplemental disclosure of cash flow information:    
Purchases of property and equipment included in accounts payable and accrued expenses $ 118 $ 749