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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities    
Net loss $ (9,383) $ (17,866)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 1,652 1,795
Share-based compensation expense 9,787 1,853
Deferred cost of goods sold (643) 0
Changes in operating assets and liabilities:    
Account receivable (6,062) 0
Income tax receivable (6,110) 0
Escrow receivable (58) 0
Prepaid expenses and other current assets 1,230 620
Accounts payable 542 (592)
Accrued expenses (1,874) (331)
Contract liabilities (4,500) 0
Deferred Revenue 0
Deferred rent 0 (3)
Tax payable (49,339) 0
Net cash used in operating activities (64,758) (14,524)
Investing activities    
Purchase of property and equipment (1,509) (198)
Net cash used in investing activities (1,509) (198)
Financing activities    
Share repurchases of common stock and warrants, net (420,000) 37,487
Issuance of common stock under stock option plan 10,426 1,135
Subscription receivable 0 302
Net cash provided by (used in) financing activities (409,574) 38,924
Effect of foreign exchange rate on cash and cash equivalents (322) 313
Net change in cash and cash equivalents (476,163) 24,515
Cash and cash equivalents, beginning of period 714,594 15,823
Cash and cash equivalents, end of period 238,431 40,338
Supplemental Information:    
Accrued purchases of property and equipment $ 1,179 $ 0