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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities    
Net loss $ (22,487) $ (4,316)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 4,670 2,150
Deferred income taxes 17 (1,709)
Stock-based compensation expense 7,681 7,703
Loss on disposal of property and equipment and intangibles 20 7
Change in fair value of earn-out liability 10,898  
Changes in assets and liabilities, net of acquisition:    
Accounts receivable (2,336) (408)
Net investment in leases (2,570) (1,677)
Inventories (3,803) (3,641)
Income taxes (55) (1,181)
Prepaid expenses and other assets (349) (1,133)
Right of use operating lease assets 141 588
Accounts receivable, non-current (4,856) (2,989)
Accounts payable 6,148 1,995
Accrued payroll and related taxes 1,436 (1,266)
Accrued expenses and other liabilities 6,799 2,902
Net cash provided by (used in) operating activities 1,354 (2,975)
Cash flows from investing activities    
Payments related to acquisition   (79,829)
Purchases of property and equipment (1,731) (1,221)
Intangible assets expenditures (113) (187)
Net cash used in investing activities (1,844) (81,237)
Cash flows from financing activities    
Proceeds from issuance of note payable   30,000
Proceeds from revolving line of credit   25,000
Payments on note payable (5,250)  
Payments of deferred debt issuance costs (39) (211)
Taxes paid for net share settlement of performance and restricted stock units   (1,157)
Proceeds from exercise of common stock options 152 3,584
Proceeds from the issuance of common stock from the employee stock purchase plan 824 1,542
Net cash (used in) provided by financing activities (4,313) 58,758
Net decrease in cash and cash equivalents (4,803) (25,454)
Cash and cash equivalents - beginning of period 28,229 47,855
Cash and cash equivalents - end of period 23,426 22,401
Supplemental cash flow disclosure    
Cash paid for interest 1,433  
Cash paid for taxes 29 $ 1,541
Capital expenditures incurred but not yet paid $ 16