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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities:    
Net loss $ (24,183) $ (31,246)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 4,456 3,171
Stock-based compensation 32,230 28,951
Accretion of discount or amortization of premium on investments 301 694
Amortization of debt issuance costs 1,203 283
Induced conversion expense related to convertible notes 2,232  
Changes in operating assets and liabilities:    
Accounts receivable (5,218) (2,042)
Inventory (9,967) 17,895
Prepaid expenses and other assets 45 (758)
Accounts payable 1,107 (1,831)
Accrued compensation and employee related benefits 1,571 754
Accrued and other liabilities 1,741 1,063
Operating lease right-of-use assets 2,490 2,218
Operating lease liabilities (3,064) (2,772)
Restructuring liabilities (489) 133
Deferred revenue 2,358 (6,106)
Net cash provided by operating activities 6,813 10,407
Investing activities:    
Purchases of investments (159,837) (36,431)
Proceeds from maturities of investments 79,508 70,000
Purchases of property and equipment (5,975) (14,181)
Net cash provided by (used in) investing activities (86,304) 19,388
Financing activities:    
Principal payments on finance lease obligations   (2)
Proceeds from exercise of stock options and employee stock purchase plan 12,462 11,761
Net cash provided by (used in) financing activities (5,102) 11,759
Net increase (decrease) in cash and cash equivalents (84,593) 41,554
Cash and cash equivalents    
Beginning of period 123,903 23,636
End of period 39,310 65,190
Supplemental disclosure of cashflow information:    
Cash paid for interest 1,803 863
Purchases of property and equipment not yet paid 2,519 $ 2,173
2019 Notes    
Financing activities:    
Payment of 2019 Notes $ (17,564)