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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Consolidated net income (loss) $ (307,842) $ (35,236) $ 389,037
Loss from discontinued operations, net of income taxes 0 0 (217,246)
Adjustments to reconcile consolidated net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 19,447 16,706 18,564
Non-cash operating lease cost 4,737 5,304 5,021
Stock-based compensation to employees and directors 23,018 18,318 11,133
(Increase) decrease in deferred tax assets, net 41,349 (1,404) (53,829)
Gain on disposal of cryptocurrencies 6,361 0 0
Write-down of assets held for sale 25,875 0 0
(Income) loss from equity method securities 140,404 63,923 (12,585)
Other non-cash adjustments (693) 185 1,537
Changes in operating assets and liabilities:      
Accounts receivable, net (1,727) 3,805 1,677
Inventories (6,514) (1,389) 1,106
Prepaids and other current assets 1,889 4,076 2,958
Other long-term assets, net (757) (1,116) (1,755)
Accounts payable 32,555 (28,821) (7,787)
Accrued liabilities 10,442 (36,625) (21,595)
Unearned revenue 5,117 (14,907) (12,778)
Operating lease liabilities (5,094) (5,527) (5,261)
Other long-term liabilities 5,569 173 (150)
Net cash provided by (used in) continuing operating activities (18,586) (12,535) 98,047
Net cash used in discontinued operating activities 0 0 (17,128)
Net cash provided by (used in) operating activities (18,586) (12,535) 80,919
Cash flows from investing activities:      
Purchase of intangible assets 25,816 0 0
Expenditures for property and equipment (19,181) (14,899) (13,617)
Disbursement for notes receivable (10,000) 0 0
Proceeds from disposal of cryptocurrencies 9,804 0 0
Capital distribution from investment 4 1,224 0
Purchase of equity securities 0 (18,920) 0
Contributions for capital calls 0 0 (41,122)
Other investing activities, net 559 (439) (1,694)
Net cash used in continuing investing activities (44,630) (33,034) (56,433)
Net cash used in discontinued investing activities 0 0 (29,703)
Net cash used in investing activities (44,630) (33,034) (86,136)
Cash flows from financing activities:      
Repurchase of shares 0 80,117 0
Payments of taxes withheld upon vesting of employee stock awards (3,799) (3,700) (8,279)
Payments on long-term debt (3,606) (3,447) (3,030)
Proceeds from employee stock purchase plan 1,913 924 0
Other financing activities, net 0 0 (1,374)
Net cash used in continuing financing activities (5,492) (86,340) (12,683)
Net cash provided by discontinued financing activities 0 0 2,085
Net cash used in financing activities (5,492) (86,340) (10,598)
Net decrease in cash, cash equivalents, and restricted cash (68,708) (131,909) (15,815)
Cash, cash equivalents, and restricted cash, beginning of year, inclusive of cash balances of discontinued operations 371,457 503,366 519,181
Cash, cash equivalents, and restricted cash, end of year, inclusive of cash balances of discontinued operations 302,749 371,457 503,366
Less: Cash, cash equivalents, and restricted cash of discontinued operations 0 0 0
Cash, cash equivalents, and restricted cash, end of year $ 302,749 $ 371,457 $ 503,366