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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income (loss) after equity in losses from unconsolidated affiliates $ 1,871 $ (5,439)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:    
Depreciation and amortization 3,571 1,374
Non-cash impact of operating leases 526 408
Deferred income tax benefit (2,206) (1,533)
Stock-based compensation 3,837 353
Equity in losses of unconsolidated affiliates 186 130
Accretion of discounts and issuance costs 22 1,524
Other losses 207 42
Changes in operating assets and liabilities (net of the effect of acquisitions):    
Accounts receivable 858 (1,092)
Inventories (1,818) (3,081)
Other assets (893) (429)
Accounts payable 153 837
Other liabilities (4,977) 2,145
Net cash provided by (used in) operating activities 1,337 (4,761)
Cash flows from investing activities:    
Promissory note receivable issuance (9,000) 0
Purchases of property and equipment (262) (210)
Proceeds from disposition of property and equipment 13 0
Net cash used in investing activities (13,131) (14,630)
Cash flows from financing activities:    
Payment of stock issuance costs (217) (158)
Preferred stock proceeds 0 122,000
Proceeds from issuance of common stock 165,357 336
Repurchase of common stock (679) (538)
Repayments of other debt (106) (10)
Net cash provided by financing activities 164,355 121,630
Foreign exchange effect on cash and cash equivalents (440) (24)
Net increase (decrease) in cash and cash equivalents 152,121 102,215
Cash and cash equivalents, beginning of period 86,334 89,030
Cash and cash equivalents, end of period 238,455 191,245
Supplemental disclosure of cash flow information:    
Non-cash transfers of equipment between inventory and property and equipment, net 1,549 553
Accrued stock issuance costs 97 56
Contingent consideration for acquisition 1,700 0
Indemnity holdback for acquisition 370 0
CVM    
Cash flows from investing activities:    
Payments to acquire businesses, net of cash acquired 0 (14,420)
Lacuna Diagnostics, Inc.    
Cash flows from investing activities:    
Payments to acquire businesses, net of cash acquired $ (3,882) $ 0