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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities    
Net income $ 6,837,000 $ 4,795,000
Adjustments to reconcile net income to net cash (used in) provided by operating activities    
Depreciation 3,035,000 1,454,000
Amortization of intangible assets 5,340,000 2,100,000
Stock-based compensation 8,891,000 3,818,000
Non-cash lease expense 1,795,000 455,000
Deferred income tax benefit (17,540,000) 0
Change in fair value of contingent consideration 1,086,000 (1,528,000)
Change in fair value of warrant liability 121,000 (4,467,000)
Change in fair value of investments 0 (1,110,000)
Gain on acquisition of Sexton Biotechnologies, Inc. (6,451,000) 0
Stock issued for services 0 30,000
Loss on disposal of assets held for rent, net 333,000 0
Other 504,000 9,000
Change in operating assets and liabilities, net of effects of acquisitions    
Accounts receivable, trade, net (7,140,000) (820,000)
Inventories (1,237,000) (65,000)
Prepaid expenses and other current assets 1,769,000 68,000
Accounts payable 1,368,000 (604,000)
Accrued expenses and other current liabilities (2,530,000) 689,000
Other 0 (436,000)
Net cash (used in) provided by operating activities (3,819,000) 4,388,000
Cash flows from investing activities    
Cash acquired in acquisition of Global Cooling, Inc. and Sexton Biotechnologies, Inc. 1,559,000  
Payments related to the acquisition of SciSafe, net of cash acquired   (500,000)
Purchases of property and equipment (6,819,000) (370,000)
Purchases of assets held for lease (5,412,000) (1,791,000)
Proceeds from sale of equipment 22,000 3,000
Net cash used in investing activities (10,650,000) (2,658,000)
Cash flows from financing activities    
Payments of contingent consideration 0 (483,000)
Proceeds from sale of common stock, net of $6.2 million of costs in 2020 0 100,251,000
Fees paid related to issuance of common stock (145,000) (6,200,000)
Proceeds from line of credit 26,450,000 0
Payments on line of credit (28,657,000) 0
Proceeds from exercise of common stock options 1,017,000 1,028,000
Proceeds from exercise of warrants 0 40,000
Other (280,000) (30,000)
Net cash (used in) provided by financing activities (673,000) 100,806,000
Net (decrease) increase in cash, cash equivalents, and restricted cash (15,142,000) 102,536,000
Cash, cash equivalents, and restricted cash – beginning of period 90,456,000 6,448,000
Effects of currency translation on cash, cash equivalents, and restricted cash (163,000) 0
Cash, cash equivalents, and restricted cash – end of period 75,151,000 108,984,000
Non-cash investing and financing activities    
Cashless exercise of warrants reclassified from warrant liability to common stock 2,901,000 33,111,000
Value of issued shares 264,718,000 0
Equipment acquired under operating leases 6,971,000 0
Equipment acquired under finance leases 440,000 0
Purchase of property and equipment not yet paid 305,000 29,000
Reclassification of warrant liabilities to equity upon exercise 0 110,000
Financing costs paid in a prior period 0 130,000
Stock issued as a prepayment of services 0 30,000
Purchase of equipment with debt 0 270,000
Bonus Consideration [Member]    
Non-cash investing and financing activities    
Stock issued as a prepayment of services 0 314,000
Paycheck Protection Program CARES Act [Member]    
Cash flows from financing activities    
Proceeds from Loan 0 2,175,000
Payoff of PPP Loan 0 (2,175,000)
Equipment Loans [Member]    
Cash flows from financing activities    
Proceeds from Loan 1,640,000 0
Financed Insurance Premium [Member]    
Cash flows from financing activities    
Payments on financed insurance premium $ (698,000) $ 0