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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      
Net loss $ (34,587) $ (96,322) $ (71,961)
Adjustments to reconcile net loss to net cash used by operating activities      
Depreciation and amortization 5,533 4,262 463
Amortization of debt discount     14
Asset Impairment   4,441  
Non-employee warrant expense (193) 289 931
Provision for warranty expense 2,135 (784) 7,634
Loss on extinguishment of debt     27
Non-cash lease expense 1,104 1,405 621
Stock-based compensation related to acquisition 109 811 812
Stock-based compensation 13,162 12,905 7,319
Compensation expense related to acquisition 2,057 5,042  
Change in fair value of earnout related to acquisition 412 310  
Deferred tax benefit   (5,720)  
Non-cash interest expense 139 107 11
Provision for excess and obsolete inventory 2,494 117 (39)
Provision for doubtful accounts 819 242 226
Change in operating assets and liabilities      
Accounts receivable (177) (15,943) (23,969)
Inventory 31,689 (42,811) (15,778)
Deferred cost of revenue 13,003 (9,880) (9,315)
Prepaid expenses and other assets 838 5,570 (11,284)
Accounts payable (3,484) 12,446 3,811
Accrued expenses and other liabilities (11,046) 3,243 1,605
Deferred revenue (16,800) 43,691 38,945
Lease liabilities (1,226) (1,254) (449)
Net cash provided by (used in) operating activities 5,981 (77,833) (70,376)
CASH FLOWS FROM INVESTING ACTIVITIES      
Payments for investment in non-affiliate (2,250)    
Purchase of property and equipment (147) (1,113) (1,471)
Payment for loan receivable     (2,000)
Capitalized software costs (3,626) (3,204) 0
Net cash used in investing activities (6,023) (133,993) (9,373)
CASH FLOWS FROM FINANCING ACTIVITIES      
Payments on term loan     (4,861)
Payments of senior revolving facility transaction costs     (658)
Proceeds from warrant exercise   3 5
Proceeds from options exercise 913 186  
Proceeds for ESPP purchases 809 1,125  
Taxes paid related to net share settlements of stock-based compensation awards (1,925) (4,045)  
Convertible preferred stock issued     35,000
Payments of convertible stock transaction costs     (207)
Proceeds from business combination and private offering     500,628
Payments for business combination and private offering transaction costs   (70) (55,981)
Payment of earnout related to acquisition (1,702)    
Net cash (used in) provided by financing activities (1,905) (2,801) 473,926
Effect of exchange rate changes on cash and cash equivalents (57) (264) (191)
Net decrease (increase) in cash, cash equivalents, and restricted cash (2,004) (214,891) 393,986
Cash, cash equivalents, and restricted cash - beginning of period 217,713 432,604 38,618
Cash, cash equivalents, and restricted cash - end of period 215,709 217,713 432,604
Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets      
Cash and cash equivalents 215,214 210,409 430,841
Restricted cash, current portion 495 7,057 1,268
Restricted cash, included in other long-term assets   247 495
Total cash, cash equivalents, and restricted cash 215,709 217,713 432,604
Supplemental disclosure of cash flow information      
Interest paid 97 146 254
Cash paid for income taxes 78 197 14
Schedule of non-cash investing and financing activities      
Accrued property and equipment at period end $ 9 110 25
Contingent consideration     5,230
Acquisition consideration held in escrow     1,021
Conversion of convertible preferred stock to common stock     146,225
SightPlan      
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisition, net of cash acquired   $ (129,676)  
iQuue      
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisition, net of cash acquired     $ (5,902)