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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net loss $ (54,391) $ (89,579)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation, amortization, and impairments 7,835 8,332
Non-cash interest expense 926  
Write-down of inventories 15  
Stock-based compensation expense 15,794 20,924
Change in fair value of warrant liabilities 826 (3,924)
Gain on lease termination   (214)
Other 945 (478)
Changes in operating assets and liabilities:    
Accounts receivable (8,158) 711
Inventories (264) (34,046)
Prepaid expenses and other assets 681 2,354
Vendor advances (1,342) 15,646
Accounts payable (1,440) 1,092
Deferred revenue 441 (423)
Accrued purchase commitments   (1,934)
Change in operating lease assets and liabilities (549) (671)
Accrued expenses and other liabilities 94 (3,509)
Net cash used in operating activities (38,587) (85,719)
Cash flows from investing activities:    
Purchases of marketable securities   (297)
Sales of marketable securities   76,484
Purchases of property, equipment, and intangible assets, including capitalized software (2,286) (3,271)
Sales of property and equipment 36 10
Net cash (used in) provided by investing activities (2,250) 72,926
Cash flows from financing activities:    
Proceeds from exercise of stock options and warrants   228
Net cash provided by financing activities   228
Net decrease in cash, cash equivalents, and restricted cash (40,837) (12,565)
Cash, cash equivalents, and restricted cash, beginning of period 138,650 166,828
Cash, cash equivalents, and restricted cash, end of period $ 97,813 $ 154,263