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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Net cash flows from operating activities:    
Net loss $ (26,715) $ (21,361)
Adjustments to reconcile net loss to net cash from operating activities:    
Change in fair value of contingent consideration 21,900 (4,600)
Depreciation and amortization 17,260 17,016
Non-cash compensation 10,466 9,189
Non-cash lease expense 5,467 5,656
Fair value adjustment of long-term loan 5,000 0
Write-down of inventories and deferred preservation costs 3,726 3,116
Deferred income taxes (7,250) 5,097
Gain from sale of non-financial assets (14,250) 0
Other 2,325 1,523
Changes in operating assets and liabilities:    
Receivables 765 (10,900)
Accounts payable, accrued expenses, and other liabilities 412 (2,103)
Prepaid expenses and other assets (527) (1,788)
Inventories and deferred preservation costs (10,592) (5,781)
Net cash flows provided by (used in) operating activities 7,987 (4,936)
Net cash flows from investing activities:    
Proceeds from sale of non-financial assets, net 14,250 0
Payments for Endospan Agreement (5,000) 0
Capital expenditures (5,503) (6,924)
Other (1,580) (1,123)
Net cash flows provided by (used in) investing activities 2,167 (8,047)
Net cash flows from financing activities:    
Proceeds from financing insurance premiums 3,558 0
Proceeds from exercise of stock options and issuance of common stock 3,467 3,344
Redemption and repurchase of stock to cover tax withholdings (563) (1,791)
Principal payments on short-term notes payable (1,522) 0
Repayment of term loan (2,063) (2,033)
Other (382) (300)
Net cash flows provided by (used in) financing activities 2,495 (780)
Effect of exchange rate changes on cash and cash equivalents 1,481 (3,675)
Increase (decrease) in cash and cash equivalents 14,130 (17,438)
Cash and cash equivalents beginning of period 39,351 55,010
Cash and cash equivalents end of period $ 53,481 $ 37,572