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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities    
Net income (loss) $ 197,672 $ (65,561)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 713 2,312
Amortization of finance lease right-of-use assets 27 28
Net accretion of premium and discount on investments 1 (1,680)
Investment income in unconsolidated variable interest entity (2,485) (2,664)
Gain on divestiture (52,163) 0
Loss on debt extinguishments 6,583 0
Impairment of property and equipment 2,062 0
Loss on disposal of property and equipment 0 2,445
Stock-based compensation 5,387 25,037
Dividend received from unconsolidated variable interest entity 3,947 2,230
Changes in operating assets and liabilities:    
Accounts receivable, net (2,449) (15,958)
Inventories 5,240 17,778
Prepaid expenses and other current assets 54,774 (18,181)
Operating lease right-of-use assets 808 66,011
Other assets (1,072) 1,115
Accounts payable (26,306) (8,705)
Accrued and other liabilities (48,148) (17,112)
Operating lease liabilities, current (568) (12,796)
Deferred revenues (136,321) (15,218)
Accrued interest expense related to sale of future revenues 5,659 115
Accrued interest for finance lease liabilities (19) 18
Operating lease liabilities, non-current (202) (65,830)
Other long-term liabilities 414 (917)
Net cash provided by (used in) operating activities 13,554 (107,533)
Investing activities    
Purchases of property and equipment (38) (125)
Proceeds from divestiture, net of cash transferred 90,204 0
Proceeds from sale of property and equipment 0 840
Purchases of available-for-sale securities (3,035) (8,628)
Proceeds from maturities of investments   132,183
Net cash provided by investing activities 87,131 124,270
Financing activities    
Repayments of senior secured term loan facilities (75,000) 0
Payment of senior secured term loan facilities pay-off premium and fees (5,550)  
Repayments of finance lease liabilities (4) (36)
Cash paid for payroll taxes on restricted stock unit releases (61) (340)
Cash paid to non-controlling interest (5,353) 0
Payment of issuance cost under ATM Program (46) 0
Proceeds from issuance of common stock under employee stock plans 0 116
Net cash used in financing activities (86,014) (260)
Effect of exchange rate change on cash and cash equivalents 1,126 838
Net increase in cash and cash equivalents 15,797 17,315
Total cash and cash equivalents at beginning of period 102,178 113,688
Total cash and cash equivalents at end of period $ 117,975 $ 131,003