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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 49,868 $ (13,160)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 4,161 4,131
Loss on disposal of fixed assets 24 18
Interest paid in kind 0 1,966
Stock-based compensation 5,004 2,747
Amortization of debt discount 480 1,175
Amortization of license revenue (71) (71)
Changes in operating assets and liabilities:    
Accounts receivable (2,692) (21,227)
Inventories (6,904) 1,500
Prepaid expenses and other current assets (190) (124)
Deposits and other assets (68) (1,037)
Accounts payable (1,410) (1,145)
Accrued expenses (5,193) 4,737
Other current and non-current liabilities 419 (292)
Net cash provided by (used in) operating activities 43,428 (20,782)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (4,413) (2,817)
Acquisition of intangible assets (314) 0
Net cash used in investing activities (4,727) (2,817)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Taxes paid on vested Restricted Stock Units (3,169) (866)
Payments on finance lease obligations 0 (16)
Net proceeds from the exercise of stock options 1,360 472
Net cash used in financing activities (1,809) (410)
Net increase (decrease) in cash and cash equivalents 36,892 (24,009)
Cash and cash equivalents - beginning of period 51,352 86,522
Cash and cash equivalents - end of period $ 88,244 $ 62,513