v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (98,144) $ (63,402)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 27,309 29,274
Amortization of intangibles 24,120 25,085
Stock-based compensation 33,274 25,085
Non-cash operating lease expense 5,039 7,022
Amortization of convertible debt discount 1,536 2,041
Amortization of debt issue costs 78 141
Impairment charges (Note 5) 27,127 0
Other impairment charges 0 333
Other adjustments 3 204
Changes in assets and liabilities, net    
Accounts receivable, net (1,971) (20,201)
Inventories (1,515) (408)
Prepaid and other assets (1,650) (1,206)
Operating lease liabilities (982) (4,287)
Deferred income tax liabilities, net (665) (1,514)
Accrued compensation (11,567) (996)
Accounts payable and other liabilities 1,895 52
Net cash provided by (used in) operating activities 3,887 (2,777)
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturities of marketable securities 20,060 47,784
Purchases of equity securities (500) 0
Purchases of property and equipment (19,137) (29,462)
Business acquisition, net of cash acquired (6,454) 0
Net cash (used in) provided by investing activities (6,031) 18,322
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of common stock, net 531 3,959
Repayment of convertible debt (201,250) 0
Net cash (used in) provided by financing activities (200,719) 3,959
Net change in cash and cash equivalents, including cash classified within current assets held for sale (202,863) 19,504
Less: net change in cash classified within current assets held for sale (32) 0
Net change in cash and cash equivalents (202,895) 19,504
Cash and cash equivalents, beginning of period 367,012 342,488
Cash and cash equivalents, end of period 164,117 361,992
Supplemental disclosure of cash flow information:    
Interest paid 1,690 2,139
Income taxes paid 458 319
Supplemental disclosure of non-cash investing and financing information:    
Purchases of property and equipment included in accounts payable $ 1,414 $ 1,688

Source

10-Q XBRL Zip