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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating activities    
Net loss $ (59,492) $ (77,875)
Adjustments to reconcile net loss to net cash used in operating activities:    
Bargain purchase gain 0 (25,213)
Stock-based compensation expense 15,396 18,341
Amortization of acquired intangible assets 1,715 2,822
Depreciation and amortization 6,450 6,228
Accretion of discount on short-term investments, net (1,571) (4,544)
Non-cash lease expense 2,865 2,949
Provision for excess and obsolete inventory 1,360 1,874
Change in fair value of warrants (232) (453)
Change in fair value of contingent consideration (3,400) 0
Other non-cash items 477 868
Changes in assets and liabilities:    
Accounts receivable, net (2,297) 5,012
Inventory (8,548) (12,777)
Prepaid expenses and other assets (1,175) (3,291)
Accounts payable 838 (10,694)
Accrued liabilities 1,485 3,860
Deferred revenue (1,900) (1,207)
Operating lease liabilities (3,065) (2,984)
Other liabilities 143 (4,442)
Net cash used in operating activities (50,951) (101,526)
Investing activities    
Cash and restricted cash acquired in merger 0 280,033
Purchases of short-term investments (50,929) (147,984)
Proceeds from sales and maturities of investments 100,000 239,000
Purchases of property and equipment (6,941) (2,718)
Net cash provided by investing activities 42,130 368,331
Financing activities    
Repayment of term loan and convertible notes 0 (8,192)
Payment of term loan fee 0 (545)
Repurchase of common stock 0 (40,490)
Proceeds from ESPP stock issuance 308 425
Payments for taxes related to net share settlement of equity awards and other (246) (344)
Proceeds from exercise of stock options 0 1,052
Net cash provided by (used in) financing activities 62 (48,094)
Effect of foreign exchange rate fluctuations on cash and cash equivalents 1,145 (110)
Net (decrease) increase in cash, cash equivalents and restricted cash (7,614) 218,601
Cash, cash equivalents and restricted cash at beginning of period 168,818 52,499
Cash, cash equivalents and restricted cash at end of period 161,204 271,100
Supplemental disclosures of cash flow information    
Equity consideration transferred in connection with merger 0 444,219 [1]
Cash paid for interest 10 1,640
Cash paid for income taxes, net of refunds 20 347
Purchases of property and equipment included in accounts payable 183 0
Non-cash right-of-use assets and lease liabilities 146 91
Asset retirement obligations $ 660 $ 791
[1] Equity consideration transferred in connection with merger included 26,367 shares of common stock that were beneficially issued to a related party. See Note 14, Related Parties.