v3.23.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (55,126) $ (84,711)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 18,523 16,921
Amortization of intangibles 17,566 16,979
Non-cash stock-based compensation 10,463 15,729
Non-cash operating lease expense 4,648 4,989
Amortization of convertible debt discount 1,341 1,324
Amortization of debt issue costs 92 91
Gain on sale of assets held for sale 0 (2,048)
Other adjustments 1,665 1,602
Changes in assets and liabilities, net    
Accounts receivable, net (5,713) 854
Inventories (888) 1,533
Prepaid and other assets (2,614) (2,202)
Operating lease liabilities (3,294) (4,932)
Deferred income tax liabilities, net (5,939) (9,495)
Accrued compensation 5,545 (1,024)
Accounts payable and other liabilities (509) (1,646)
Net cash used in operating activities (14,240) (46,036)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of marketable securities (6,756) (56,332)
Proceeds from sales and maturities of marketable securities 62,868 68,525
Purchases of property and equipment (17,421) (18,513)
Proceeds from assets held for sale 0 12,098
Net cash provided by investing activities 38,691 5,778
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayment of equipment financing obligations (61) (574)
Issuance of common stock, net 1,504 7,642
Net cash provided by financing activities 1,443 7,068
Net change in cash and cash equivalents 25,894 (33,190)
Cash and cash equivalents, beginning of period 263,180 316,827
Cash and cash equivalents, end of period 289,074 283,637
Supplemental disclosure of cash flow information:    
Interest paid 1,690 2,143
Income taxes paid, net 175 129
Supplemental disclosure of non-cash investing and financing information:    
Purchases of property and equipment included in accounts payable $ 838 $ 1,529

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