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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities:    
Net loss $ (27,292) $ (133,599)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Stock-based compensation expense 83,899 108,209
Depreciation and amortization 26,134 27,129
Amortization of right-of-use assets 5,582 6,015
Fair value adjustments on contingent consideration 1,135 0
Asset and lease impairment charges 814 2,454
Realized loss on marketable securities 0 3
Other (1,360) 571
Changes in operating assets and liabilities:    
Accounts receivable 44,546 31,321
Other receivables (52,208) 0
Inventory 22,371 (19,396)
Prepaid expenses and other current assets 642 696
Other noncurrent assets 2,290 (1,850)
Accounts payable 3,292 10,044
Accrued compensation and other related benefits 2,284 (75)
Deferred revenue (648) 8,142
Accrued expenses and other current liabilities (9,939) (17,135)
Operating lease liability (7,590) (9,763)
Other noncurrent liabilities 1,321 646
Net cash provided by operating activities 95,273 13,412
Investing activities:    
Purchases of intangible assets 0 (1,000)
Asset acquisition, net (8,616) 0
Purchases of property and equipment (4,158) (9,677)
Purchases of marketable securities (98,859) 0
Proceeds from sales of marketable securities 0 3,856
Proceeds from maturities of marketable securities 100,000 25,782
Net cash provided by (used in) investing activities (11,633) 18,961
Financing activities:    
Issuance of common stock from exercise of stock options and employee stock purchase plan purchases 4,561 6,397
Net cash provided by financing activities 4,561 6,397
Effect of exchange rates changes on cash, cash equivalents, and restricted cash 441 105
Net increase in cash, cash equivalents, and restricted cash 88,642 38,875
Cash, cash equivalents, and restricted cash at beginning of period 344,067 359,284
Cash, cash equivalents, and restricted cash at end of period 432,709 398,159
Supplemental disclosures of cash flow information:    
Cash paid for taxes 1,935 4,863
Noncash investing and financing activities:    
Purchases of property and equipment included in accounts payable and accrued expenses and other current liabilities 135 954
Right-of-use assets obtained in exchange for new operating lease liabilities 11,362 0
Common stock issued for acquisition of assets $ 13,541 $ 0