XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2021
Mar. 31, 2021
Sep. 30, 2020
Mar. 31, 2020
Jun. 30, 2021
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Operating Activities:                
Net loss $ (16,069) $ (17,340) $ (15,082) $ (16,598)   $ (46,581) $ (45,521)  
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:                
Depreciation           2,416 2,015  
Amortization of intangible assets 2,804   2,780     8,533 7,964  
Amortization of discounts and premiums on investments, net           65 0  
Stock-based compensation           6,589 5,800  
Gain on extinguishment of debt 0   0     (2,847) 0  
Deferred tax benefit           (4) (1,386)  
Write down of inventory 100   0     377 0  
Change in fair value of warrant liabilities (0)   (63)   $ 2,000 1,981 206  
Change in fair value of contingent consideration 278   502     1,013 1,770  
Changes in operating assets and liabilities:                
Accounts receivable           113 (252)  
Inventories           (1,941) (4,410)  
Operating lease right-of-use assets           (3,174) (1,045)  
Prepaid expenses           1,220 1,269  
Employee retention tax credit receivable           (1,311) 0  
Other current and long-term assets           2,098 2,009  
Accounts payable           1,376 (706)  
Accrued expenses           (588) (1,772)  
Deferred revenue           (81) (56)  
Operating lease liabilities           3,259 1,115  
Other long-term liabilities           0 (910)  
Net cash and cash equivalents used in operating activities           (27,487) (33,910)  
Investing Activities:                
Purchase of available-for-sale investments           (88,232) 0  
Purchase of property and equipment           (838) (3)  
Net cash and cash equivalents used in investing activities           (89,070) (3)  
Financing Activities:                
Proceeds from issuance of common stock, preferred stock and warrants under 2020 financing, net of issuance costs           0 13,525  
Proceeds from issuance of common stock, net of issuance costs           130,361 24,861  
Proceeds from notes payable, net of issuance costs           0 2,815  
Taxes paid related to net share settlement of vesting of restricted stock units           (1,058) (33)  
Payment of contingent consideration           0 (74)  
Proceeds from exercise of stock options and warrants           30,838 3,340  
Net cash and cash equivalents provided by financing activities           160,141 44,434  
Effect of exchange rate changes on cash and cash equivalents           (181) 30  
Net increase in cash, cash equivalents and restricted cash           43,403 10,551  
Cash, cash equivalents and restricted cash, beginning of period   $ 17,529   $ 10,567 $ 17,529 17,529 10,567 $ 10,567
Cash, cash equivalents and restricted cash, end of period $ 60,932   $ 21,118     60,932 21,118 $ 17,529
Supplemental Schedule of Non-cash Investing and Financing Activities:                
Transfer of inventories to property and equipment           2,156 5,839  
Reclass of warrant liability to common stock and additional paid-in-capital           2,236 0  
Lease liabilities arising from obtaining right-of-use assets           3,857 0  
Exchange of common stock for Series B Warrants           0 2,470  
Transfer of in-process research and development to intellectual property           0 2,425  
Conversion of preferred stock to common stock           $ 0 $ 79