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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities    
Net loss $ (12,284) $ (17,457)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 865 794
Stock-based compensation 6,426 5,333
Non-cash operating lease cost 396 321
Changes in valuation of warrant investment 281 (220)
Net loss on sale of available-for-sale securities 26  
Unrealized gain on investments (820) (208)
Impairment of long-lived assets 542  
Non-cash interest expense 464 104
Foreign currency remeasurement loss 287 206
Changes in operating assets and liabilities:    
Accounts receivable (564) 2,465
Inventories (834) (1,036)
Other assets (4,111) (2,693)
Accounts payable (4,121) (833)
Accrued liabilities and other non-current liabilities (8,594) (4,710)
Deferred product revenue 585 479
Net cash used in operating activities (21,456) (17,455)
Investing activities    
Capital expenditures (113) (193)
Purchases of investments (642) (1,915)
Proceeds from maturities and sale of investments 9,377 23,500
Net cash provided by investing activities 8,622 21,392
Financing activities    
Net proceeds from equity incentives 2,135 1,066
Net proceeds on revolving line of credit 314 1,422
Proceeds from loans   15,000
Net cash provided by financing activities 2,449 17,488
Effect of exchange rates on cash, cash equivalents, and restricted cash (284) (521)
Net (decrease) increase in cash, cash equivalents and restricted cash (10,669) 20,904
Cash, cash equivalents and restricted cash, beginning of period 51,044 38,903
Cash, cash equivalents and restricted cash, end of period $ 40,375 $ 59,807