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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Cash flows from operating activities              
Net loss $ (10,022) $ (11,125) $ (14,158) $ (17,410) $ (32,353) $ (50,081)  
Adjustments to reconcile net loss to net cash used in operating activities:              
Stock-based compensation         18,120 17,180  
Depreciation and amortization         3,855 2,450  
Accounts receivable credit losses         352 50 $ 150
Accretion (amortization) of discount and premium on marketable securities         (2,417) 625  
Amortization of debt issuance costs         165 152  
Loss on disposal of property and equipment         941 133  
Changes in operating assets and liabilities:              
Accounts receivable         344 (2,001)  
Inventory         (5,039) (5,178)  
Prepaid expenses and other assets         460 1,401  
Accounts payable         (876) 1,476  
Accrued liabilities and other         32 (1,087)  
Net cash used in operating activities         (16,416) (34,880)  
Cash flows from investing activities              
Maturities of marketable securities         93,500 90,200  
Purchases of marketable securities         (127,680) (85,257)  
Purchases of property and equipment         (6,706) (7,847)  
Net cash used in investing activities         (40,886) (2,904)  
Cash flows from financing activities              
Proceeds from public offering, net of discounts, commissions and offering costs         83,671 0  
Proceeds from debt financing         36,000 0  
Repayments of debt financing         (35,275) 0  
Payments of debt issuance costs         (40) 0  
Proceeds from issuance of common stock under employee stock purchase plan         1,471 1,199  
Proceeds from the exercise of stock options         4,264 305  
Net cash provided by financing activities         90,091 1,504  
Effect of exchange rate changes on cash and cash equivalents         (14) (840)  
Net increase (decrease) in cash and cash equivalents         32,775 (37,120)  
Cash and cash equivalents at              
Beginning of period   $ 20,717   $ 63,419 20,717 63,419 63,419
End of period $ 53,492   $ 26,299   53,492 26,299 $ 20,717
Supplemental disclosure of non-cash information              
Unpaid purchases of property and equipment         $ 120 $ 593