v3.24.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net loss $ (40,507) $ (56,912)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 9,622 7,939
Impairment of assets   397
Reduction in carrying amount of right-of-use asset 3,328 13,257
Stock based compensation 21,115 16,222
Revaluation of contingent consideration 137 305
Income from unconsolidated joint venture (93) (137)
Donation of common stock 1,063 696
(Gain) loss on sale of property and equipment (23) 92
Inventory write-off   223
Amortization of deferred costs on convertible notes 1,394 1,396
Deferred taxes benefit (30) (66)
Changes in other assets and liabilities:    
Accounts receivable, net (8,263) (14,873)
Inventory (598) (17)
Prepaid expenses 786 2,335
Other assets 4,354 1,395
Accounts payable (18,293) 640
Accrued expenses 6,782 1,032
Contract liabilities 916 1,178
Lease liabilities (5,068) (3,845)
Other liabilities 529  
Income taxes payable (1,620) 160
Net cash used in operating activities (24,469) (28,583)
Cash flows from investing activities:    
Purchases of marketable securities (16,253) (8,630)
Proceeds from sale of marketable securities 15,000 30,000
Purchases of property and equipment (13,560) (12,063)
Proceeds from sale of property and equipment 79 223
Cash paid for business combinations, net of cash acquired   (3,349)
Net cash (used in) provided by investing activities (14,734) 6,181
Cash flows from financing activities:    
Proceeds from stock options exercised 3,215 1,428
Net cash provided by financing activities 3,215 1,428
Effect of foreign currency translation on cash and cash equivalents (6) (315)
Net decrease in cash and cash equivalents (35,994) (21,289)
Cash and cash equivalents at beginning of the period 53,424 65,662
Cash and cash equivalents at end of the period 17,430 44,373
Supplemental cash flow information:    
Cash paid for interest $ 2,875 2,875
Non-cash investing and financing activities:    
Non-cash consideration in connection with business combination   $ 1,593