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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (111,339) $ (338,060) $ (14,021)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 13,297 5,824 4,778
Amortization of debt discount 0 135 223
Amortization of investment premiums, net of accretion of discounts 2,924 1,370 0
Investment impairment 1,093 0 0
Stock-based compensation, net of amounts capitalized 148,490 100,605 2,505
Change in fair value of warrants liabilities (27,035) 48,370 0
Change in fair value of contingent earn-out liability (136,043) 140,454 0
Deferred income taxes 51 (385) 0
Transaction costs 0 565 0
Loss on extinguishment of debt and convertible notes 0 210 955
Allowance for doubtful accounts 1,245 222 846
Loss of excess inventory and purchase obligation 5,007 0 0
Other (195) (102) (4)
Changes in operating assets and liabilities, net of effects of businesses acquired:      
Accounts receivable (9,609) (7,170) (3,264)
Inventories (6,484) (1,946) (1,731)
Prepaid expenses and other assets (1,991) (7,751) (1,109)
Accounts payable (5,240) 8,812 616
Deferred revenue 5,985 7,602 2,524
Accrued expenses and other liabilities 1,282 2,437 4,085
Net cash used in operating activities (118,562) (38,808) (3,597)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property and equipment (1,730) (810) (30)
Capitalized software and development costs (12,590) (7,200) (4,854)
Purchase of investments (137,631) (532,561) 0
Maturities of investments 299,002 0 0
Investment in privately held companies 0 (250) 0
Investment in convertible notes 0 (1,000) 0
Business acquisitions, net of cash acquired (51,874) 0 0
Net cash provided by (used in) investing activities 95,177 (541,821) (4,884)
CASH FLOW FROM FINANCING ACTIVITIES:      
Proceeds from reverse recapitalization and PIPE financing, net 0 612,854 0
Payment of transaction costs related to reverse recapitalization 0 (10,013) 0
Proceeds from issuance of redeemable convertible preferred stock, net 0 0 43,689
Proceeds from sales of shares through employee equity incentive plans 6,781 2,068 1,538
Payments for taxes related to net settlement of equity awards (34,424) 0 0
Proceeds from exercise of warrants 27,844 76,607 0
Proceeds from debt, net 0 0 6,221
Proceeds from convertible notes, net of issuance costs 0 0 8,457
Repayment of debt 0 (13,067) (8,049)
Settlement of vested stock options 0 0 (956)
Repurchase of common stock 0 0 (438)
Other 76 0 0
Net cash provided by financing activities 277 668,449 50,462
Net change in cash, cash equivalents, and restricted cash (23,108) 87,820 41,981
Effect of exchange rate changes on cash 249 (83) 117
Cash, cash equivalents, and restricted cash at beginning of year 139,987 52,250 10,152
Cash, cash equivalents, and restricted cash at end of period 117,128 139,987 52,250
Supplemental disclosures of cash flow information      
Cash paid for interest 0 753 1,071
Cash paid for taxes 651 80 52
Supplemental disclosures of non-cash investing and financing information      
Earn-out liability recognized upon the re-allocation 896 237,122 0
Reclassification of remaining contingent earn-out liability upon triggering events 242,429 164,461 0
Exchange of convertible notes for redeemable convertible preferred stock 0 0 9,501
Common stock issued in connection with acquisition 19,219 0 0
Unpaid cash consideration in connection with acquisition $ 4,348 $ 0 $ 0