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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Cash flows from operating activities:      
Net income (loss) $ (4,647) $ (4,128) $ (58,351)
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Depreciation and amortization 2,610 2,370 10,251
Accrued Interest (221) 0 (94)
Asset write-downs and impairment of field equipment 135 176 649
Share-based compensation 25,045 18,863 94,900
Foreign currency remeasurement loss (gain) 249 2,157 3,231
Decrease (increase) in accounts receivables (7,461) 4,624 5,270
Amortization of discount (premium) 684 603 3,101
Decrease (increase) in inventories (4,804) (1,296) 2,483
Decrease (increase) in other long-term assets 1,863 1,432 4,519
Increase (decrease) in accounts payables and accrued expenses (14,809) (2,626) 27,777
Increase (decrease) in other long-term liabilities (2,331) (4,394) (10,980)
Net cash provided by (used in) operating activities (3,687) 17,780 82,756
Cash flows from investing activities:      
Purchase of property, equipment and field equipment (5,093) (3,981) (24,170)
Proceeds from maturity of short-term investments 279,000 608,000 958,000
Purchase of short-term investments (291,317) (549,848) (1,078,664)
Net cash provided by (used in) investing activities (17,410) 54,171 (144,834)
Cash flows from financing activities:      
Proceeds from issuance of shares, net 0 0 4,546
Repayment of long-term debt (7) (6) (26)
Exercise of options 3,148 7,961 21,182
Net cash provided by (used in) financing activities 3,141 7,955 25,702
Effect of exchange rate changes on cash, cash equivalents and restricted cash (25) (102) (188)
Increase (decrease) in cash, cash equivalents and restricted cash (17,981) 79,804 (36,564)
Cash, cash equivalents and restricted cash at the beginning of the period 209,609 246,173 246,173
Cash, cash equivalents and restricted cash at the end of the period 191,628 325,977 209,609
Cash paid during the period for:      
Income taxes paid (refunded), net 1,173 (2,405) 3,110
Interest paid 1 1 101
Non-cash activities:      
Right-of-use assets obtained in exchange for lease liabilities $ 3,580 $ 284 $ 5,387