XML 19 R8.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Cash flows from operating activities:          
Net income (loss) $ (26,576) $ (13,124) $ (55,231) $ (31,893) $ (58,351)
Adjustments to reconcile net income (loss) to net cash used in operating activities:          
Depreciation and amortization 2,659 2,734 7,924 7,584 10,251
Accrued Interest 1 0 (822) 0 (94)
Asset write-downs and impairment of field equipment 163 113 514 467 649
Share-based compensation 26,305 25,758 77,173 72,502 94,900
Foreign currency remeasurement loss (gain) (141) 495 1,051 3,024 3,231
Decrease (increase) in accounts receivables 11,522 (3,726) 6,318 3,923 5,270
Amortization of discount (premium) 232 785 1,743 2,313 3,101
Decrease (increase) in inventories 2,952 3,818 (2,061) 4,185 2,483
Decrease (increase) in other long-term assets 1,665 1,367 5,885 4,383 4,519
Increase (decrease) in accounts payables and accrued expenses 5,265 8,126 (1,895) 10,622 27,777
Increase (decrease) in other long-term liabilities (1,627) (1,946) (6,104) (8,758) (10,980)
Net cash provided by (used in) operating activities 22,420 24,400 34,495 68,352 82,756
Cash flows from investing activities:          
Purchase of property, equipment and field equipment (5,703) (3,297) (14,927) (9,896) (24,170)
Proceeds from maturity of short-term investments 358,729 350,000 1,074,763 958,000 958,000
Purchase of short-term investments (503,270) (44,000) (1,071,733) (593,848) (1,078,664)
Net cash provided by (used in) investing activities (150,244) 302,703 (11,897) 354,256 (144,834)
Cash flows from financing activities:          
Proceeds from issuance of shares, net 0 0 2,759 2,371 4,546
Repayment of long-term debt (7) (6) (21) (19) (26)
Exercise of options 4,211 3,042 9,343 19,698 21,182
Net cash provided by (used in) financing activities 4,204 3,036 12,081 22,050 25,702
Effect of exchange rate changes on cash, cash equivalents and restricted cash (107) (34) (252) (139) (188)
Increase (decrease) in cash, cash equivalents and restricted cash (123,727) 330,105 34,427 444,519 (36,564)
Cash, cash equivalents and restricted cash at the beginning of the period 367,763 360,587 209,609 246,173 246,173
Cash, cash equivalents and restricted cash at the end of the period 244,036 690,692 244,036 690,692 209,609
Cash paid during the period for:          
Income taxes paid (refunded), net 907 991 3,933 1,075 3,110
Interest paid 1 1 3 3 101
Non-cash activities:          
Right-of-use assets obtained in exchange for lease liabilities $ 2,828 $ 1,023 $ 6,687 $ 1,972 $ 5,387