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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities    
Net loss $ (81,730) $ (71,935)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 1,033 980
Amortization of Intangible Assets 8,132 0
Amortization of investments (148) (353)
Amortization of debt issuance costs 1,111 727
Stock-based compensation 9,394 8,638
Loss on extinguishment of debt (1,223) 0
Loss on disposal of property and equipment 236 0
Change in fair value of warrants (1,746) (91)
Change in fair value of contingent value rights 7,569 0
Changes in operating assets and liabilities    
Trade accounts receivable 10,062 6,686
Prepaid expenses and other current assets 2,758 386
Inventory 1,960 5,144
Accounts payable (5,008) 1,173
Other accrued liabilities (12,135) 4,650
Accrued trade discounts and rebates 4,280 798
Accrued returns reserve 3,277 272
Deferred rent (238) 0
Increase (Decrease) In Supply Agreement Liabilities (5,280) 0
Other (2,258) 62
Net cash used in operating activities (86,772) (66,589)
Cash flows from investing activities    
Capital expenditures (392) (954)
Payments to Acquire Investments 0 (30,784)
Sales and maturities of investments 25,685 93,100
Net cash used in investing activities 25,293 61,362
Cash flows from financing activities    
Proceeds from equity offerings 30,000 27,000
Payments of equity offering costs 0 54
Proceeds from issuance of debt 97,295 0
Repayments of Long-term Debt (43,496) 0
Payments of debt issuance costs 4,816 0
Payments for loss on extinguishment of debt (737) 0
Proceeds from issuance of employee stock purchase plan shares 510 374
Proceeds from exercise of stock awards 8 167
Repurchase of common stock withheld for taxes 447 365
Net cash provided by financing activities 78,317 27,122
Effect of exchange rate on cash and cash equivalents 0 (1)
Increase (decrease) in cash and cash equivalents 16,838 21,894
Cash and cash equivalents, beginning of period 67,271 37,598
Cash and cash equivalents, end of period 84,109 59,492
Supplemental schedule of cash flow information    
Cash paid for interest 7,689 5,350
Supplemental schedule of non-cash investing and financing activities    
Issuance Of Warrants For Loan Agreement $ 2,080 $ 0