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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income (loss) $ (29,998,000) $ 19,286,000
Adjustments to reconcile net (loss) income to cash, cash equivalents, and restricted cash used in operating activities:    
Depreciation and amortization 1,269,000 987,000
Amortization of debt issuance costs 1,523,000 0
Goodwill impairment charges 16,867,000 0
Share-based compensation 4,965,000 8,553,000
(Decrease) increase in fair value of liability classified warrants (143,000) 1,461,000
Decrease in fair value of liability classified earnouts (752,000) (39,440,000)
Decrease in fair value of liability classified conversion option derivatives (3,318,000) 0
Unrealized gain on investments (143,000) 0
Accretion of discount on investment securities (920,000) 0
Deferred taxes (26,000) 180,000
Gain on loan forgiveness 0 (183,000)
Credit losses 1,000 154,000
Loss on disposal of property and equipment 0 14,000
Changes in operating assets and liabilities:    
Accounts receivable (6,141,000) (4,660,000)
Inventories (993,000) (1,332,000)
Other receivables 189,000 (42,000)
Prepaid expenses (24,000) 456,000
Operating lease right-of-use assets 1,400,000 942,000
Other assets (50,000) (11,000)
Accrued expenses and other current liabilities (805,000) 526,000
Accounts payable 2,574,000 (2,963,000)
Current and long-term operating lease liabilities (1,243,000) (909,000)
Other non-current liabilities 316,000 0
Net cash, cash equivalents, and restricted cash used in operating activities (15,452,000) (16,981,000)
Cash flows from investing activities:    
Purchases of property and equipment (1,839,000) (1,002,000)
Purchases of marketable securities/investments (9,759,000) 0
Sales of marketable securities/investments 29,999,000 0
Net cash, cash equivalents, and restricted cash provided by (used in) investing activities 18,401,000 (1,002,000)
Cash flows from financing activities:    
Payments made for financing of insurance payments (1,282,000) (1,235,000)
Payment of deferred consideration liability for acquisition (409,000) (409,000)
Principal payments on financing leases (18,000) (13,000)
Net cash, cash equivalents, and restricted cash used in financing activities (1,709,000) (1,657,000)
Net increase (decrease) in cash, cash equivalents, and restricted cash 1,240,000 (19,640,000)
Cash, cash equivalents, and restricted cash at beginning of period 14,010,000 115,174,000
Cash, cash equivalents, and restricted cash at end of period 15,250,000 95,534,000
Supplemental disclosure of cash flow information:    
Interest and principal forgiven from Paycheck Protection Program loans 0 183,000
Cash paid for:    
Income taxes 68,000 0
Interest $ 1,128,000 $ 74,000