XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net loss $ (32,581) $ (15,178)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 2,687 2,845
Operating lease expense 421 538
Stock-based compensation 595 1,446
Change in fair value of financial instruments, net of interest paid on Secured Convertible Notes 20,691 752
Foreign exchange differences (188) (643)
Loss on disposal of property and equipment 28 78
Expense for estimated credit losses on accounts receivable, net of recoveries 0 16
Non-cash change in contract liabilities (46) (501)
Other, net 0 56
Changes in operating assets and liabilities:    
Accounts receivable (21) (932)
Prepaid expenses and other current assets 830 (377)
Accounts payable 569 1,764
Contract liabilities 438 (25)
Accrued expenses and other liabilities 2,024 601
Operating lease liabilities (169) (555)
Net cash used in operating activities (4,722) (10,115)
Cash flows from investing activities:    
Purchases of property and equipment (1,913) (1,942)
Net cash used in investing activities (1,913) (1,942)
Cash flows from financing activities:    
Payments for withholding taxes related to the net share settlement of equity awards (375) (184)
Proceeds from issuance of Common Stock under ATM Program, net of transaction costs 1,143 0
Proceeds from exercise of stock options 916 0
Net cash provided by (used in) financing activities 1,684 (184)
Net (decrease) increase in cash, cash equivalents and restricted cash (4,951) (12,241)
Effect of foreign exchange rate changes on cash and cash equivalents 177 542
Cash, cash equivalents and restricted cash - beginning of period 23,682 24,603
Cash, cash equivalents and restricted cash - end of period $ 18,908 $ 12,904