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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities    
Net (loss) income $ (89,577) $ 6,837
Adjustments to reconcile net (loss) income to net cash used in operating activities    
Intangible asset impairment charges 69,900 0
Stock-based compensation 17,671 8,891
Amortization of intangible assets 8,236 5,340
Depreciation 5,056 3,035
Non-cash lease expense 1,025 1,795
Loss on disposal of property and equipment, net 54 0
(Gain) loss on disposal of assets held for rent, net 369 333
Change in fair value of warrant liability (0) 121
Change in fair value of equity investments (697) 0
Change in fair value of contingent consideration (3,348) 1,086
Deferred income tax benefit (4,937) (17,540)
Gain on acquisition of Sexton Biotechnologies, Inc. 0 (6,451)
Other 302 504
Change in operating assets and liabilities, net of effects of acquisitions    
Accounts receivable, trade, net (9,438) (7,140)
Inventories (5,403) (1,237)
Prepaid expenses and other assets (1,356) 1,769
Accounts payable (3,615) 1,368
Accrued expenses and other current liabilities 444 (2,530)
Warranty liability (1,031) 0
Net cash used in operating activities (16,345) (3,819)
Cash flows from investing activities    
Cash acquired in acquisition of Global Cooling, Inc. 0 1,559
Maturities of available-for-sale securities 750
Proceeds from sale of equipment 0 22
Purchases of assets held for rent (2,269) (5,412)
Purchases of property and equipment (5,937) (6,819)
Investment in available-for-sale securities (35,767) 0
Net cash used in investing activities (43,223) (10,650)
Cash flows from financing activities    
Proceeds from line of credit 0 26,450
Payments on line of credit 0 (28,657)
Proceeds from exercise of common stock options 307 1,017
Fees paid related to issuance of common stock (130) (145)
Other (302) (280)
Net cash provided by (used in) financing activities 16,941 (673)
Net decrease in cash, cash equivalents, and restricted cash (42,627) (15,142)
Cash, cash equivalents, and restricted cash – beginning of period 69,870 90,456
Effects of currency translation on cash, cash equivalents, and restricted cash (176) (163)
Cash, cash equivalents, and restricted cash – end of period 27,067 75,151
Non-cash investing and financing activities    
Purchase of property and equipment not yet paid 1,661 305
Cashless issuance of SciSafe earnout shares 817 0
Equipment acquired under operating leases 243 6,971
Unrealized gains and losses on available-for-sale securities 75 0
Stock issued as consideration to acquire Global Cooling, Inc. and Sexton Biotechnologies, Inc. 0 264,718
Cashless exercise of warrants reclassified from warrant liability to common stock 0 2,901
Equipment acquired under finance leases 0 440
Cash interest paid 230 0
The 2022 Term Loan [Member]    
Cash flows from financing activities    
Proceeds from loans 20,000 0
Payments on loans (1,750) 0
Equipment Loans [Member]    
Cash flows from financing activities    
Proceeds from loans 0 1,640
Payments on loans (370) 0
Financed Insurance Premium [Member]    
Cash flows from financing activities    
Payments on financed insurance premium $ (814) $ (698)