v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (17,106) $ (25,923)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 8,780 9,366
Amortization of intangibles 7,633 8,362
Stock-based compensation 9,636 10,754
Non-cash operating lease expense 1,720 1,584
Other adjustments 402 772
Changes in assets and liabilities, net    
Accounts receivable, net (8,182) (668)
Inventories (1,271) (3,024)
Prepaid and other assets (1,395) (3,105)
Operating lease liabilities (1,299) (1,090)
Deferred income tax liabilities, net (769) (541)
Accrued compensation (7,004) (22,957)
Accounts payable and other liabilities 718 1,143
Net cash used in operating activities (8,137) (25,327)
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturities of marketable securities 0 8,060
Purchases of property and equipment (5,000) (4,500)
Net cash (used in) provided by investing activities (5,000) 3,560
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of common stock, net (338) 949
Net cash (used in) provided by financing activities (338) 949
Net change in cash and cash equivalents (13,475) (20,818)
Cash and cash equivalents, beginning of period 159,618 367,012
Cash and cash equivalents, end of period 146,143 346,194
Supplemental disclosure of cash flow information:    
Interest paid 431 1
Income taxes paid 0 0
Supplemental disclosure of non-cash investing and financing information:    
Purchases of property and equipment included in accounts payable $ 4,321 $ 1,376

Source

10-Q XBRL Zip