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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Activities:    
Net (loss) income $ (49,089) $ 21,133
Adjustments to reconcile net loss to net cash used in operating activities:    
Impairment of long-lived assets 4,349 20,433
Depreciation and amortization 1,406 3,489
Accretion of discount on marketable securities (273) (1,048)
Amortization in operating lease right-of-use assets 1,120 2,092
Stock-based compensation 2,719 8,277
Impairment of goodwill 0 38,138
Net changes in operating assets and liabilities:    
Interest receivable 354 (229)
Accounts receivable 232 (3,348)
Prepaid expenses and other assets (783) 6,223
Accounts payable and other accrued liabilities (4,939) (1,905)
Accrued compensation and employee benefits (2,559) (8,599)
Lease liabilities (1,218) (1,212)
Other non-current liabilities 18 22
Deferred revenues 0 (149,766)
Net cash used in operating activities (48,663) (66,300)
Investing Activities:    
Purchases of marketable securities 0 (36,225)
Maturities of marketable securities 1,110 82,153
Sales of marketable securities 34,730 0
Purchases of property and equipment 0 (10,200)
Net cash provided by investing activities 35,840 35,728
Financing Activities:    
Taxes paid related to net share settlement of equity awards (402) (1,109)
Net cash provided by financing activities 22,122 8,002
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (670) 367
Net increase (decrease) in cash, cash equivalents, and restricted cash 8,629 (22,203)
Cash, cash equivalents, and restricted cash, beginning of period 46,704 101,944
Cash, cash equivalents, and restricted cash, end of period 55,333 79,741
Supplemental cash flow disclosures:    
Offering expenses in relation to issuance of common stock included in unpaid liabilities 736 0
Property and equipment included in unpaid liabilities 460 5,184
Direct offering    
Financing Activities:    
Proceeds from issuance of common stock, net of offering expenses 22,524 0
At the Market Offering    
Financing Activities:    
Proceeds from issuance of common stock, net of offering expenses $ 0 $ 9,111