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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net loss $ (50,160) $ (23,597)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 15,069 6,946
Accretion of debt in interest expense 5,035 3,206
Current expected credit losses 992 912
Provision for obsolete inventory 19 2,158
Stock-based compensation 9,356 3,217
Loss on debt extinguishment 11,916 8,123
Adjustment to contingent consideration liability 0 (2,310)
Deferred income tax (12,522) (4,372)
Changes in operating assets and liabilities, net of acquisition:    
Accounts receivable 3,189 756
Inventories (12,377) (9,945)
Other current assets (7,575) 989
Other assets (2,774) 597
Accounts payable 7,849 (655)
Accrued salaries and benefits (2,605) 2,794
Accrued expenses (7,418) (627)
Customer deposits and deferred service revenue (1,402) (3,287)
Other long-term liabilities (211) 706
Net cash used in operating activities (43,619) (14,389)
Cash flows from investing activities:    
Settlement of working capital for acquisitions 0 191
Cash paid for acquisition, net of cash acquired (374,653) 0
Capital expenditures (928) (692)
Capitalization of software costs (5,471) (6,369)
Net cash used in investing activities (381,052) (6,870)
Cash flows from financing activities:    
Principal payments of long-term debt (4,004) (471)
Payments for the extinguishment of notes payable (183,618) (66,250)
Proceeds from common stock issuance 215,000 0
Payments for common stock issuance costs (6,827) 0
Proceeds from debt issuance, net of original issue discount 441,385 120,000
Payments for debt issuance costs (13,998) (4,214)
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock (4,477) (829)
Proceeds from exercise of stock options 819 436
Net cash provided by financing activities 444,280 48,672
Effect of exchange rate changes on cash and cash equivalents (2) 306
Net increase in cash and cash equivalents 19,607 27,719
Cash and cash equivalents at beginning of period 180,686 28,036
Cash and equivalents at end of period 200,293 55,755
Supplemental non-cash investing and financing flow information:    
Interest 6,337 1,339
Taxes, net of refunds 0 184
Master development agreement with related party (refer to Note 1) 813 0
Capitalized software recorded in accounts payable 0 295
Capital expenditures in accounts payable 88 347
Tax withholding in accrued salaries and benefits related to treasury stock acquired from employees 451 0
Common stock issued for acquisition 109,740 0
Acquisition consideration recorded in accounts payable 121 0
Master development agreement expenditures with related party in accounts payable $ 163 $ 0