v3.24.2.u1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net loss $ (49,924) $ (75,880)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 14,969 14,752
Gain (loss) on remeasurement of warrants (5,841) 33
Amortization of debt issuance costs 5,821 3,485
Stock-based compensation 1,169 27,974
Warrant issuance costs 867 0
Loss on disposal of assets 565 170
Accounts receivable reserves 437 (948)
Inventory reserves (313) 464
Amortization of right-of-use assets and lease liability (83) (237)
Deferred income taxes 0 (155)
Other 0 1,046
Changes in operating assets and liabilities:    
Accounts receivable 3,863 5,939
Other receivables 74 38
Inventories, net (694) 2,383
Prepaid expenses and other current assets (751) 1,130
Contract assets (185) (959)
Other assets 70 (120)
Accounts payable (2,078) (2,377)
Accrued liabilities 227 600
Other long-term liabilities (4) 636
Unearned revenue and contract liabilities (150) 875
Net cash used in operating activities (31,961) (21,151)
Cash flows from investing activities    
Purchases of property, plant and equipment and intangible assets (3,770) (23,041)
Net cash used in investing activities (3,770) (23,041)
Cash flows from financing activities    
Proceeds from issuance of common warrants, net of issuance costs 8,883 0
Proceeds from issuance of common stock, net of issuance costs 4,658 0
Proceeds from long-term debt 11,326 130,000
Principal payments on long-term debt (7,227) (11,744)
Cash paid for debt issuance costs (1,095) (33,295)
Proceeds from employee stock purchase plan 118 129
Employee taxes related to stock-based compensation (15) (61)
Net cash provided by financing activities 16,648 85,029
Net (decrease) increase in cash and cash equivalents and restricted cash (19,083) 40,837
Cash and cash equivalents and restricted cash    
Cash and cash equivalents and restricted cash-beginning of period 73,504 64,401
Cash and cash equivalents and restricted cash-end of period 54,421 105,238
Supplemental cash flow information:    
Cash paid for interest, net of interest capitalized 13,698 9,530
Cash paid for operating leases $ 1,860 $ 1,858