v3.23.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Net Cash Provided by (Used in) Operating Activities [Abstract]    
Net loss $ (39,636) $ (26,765)
Adjustments to reconcile net loss to net cash used in operations:    
Depreciation and amortization 4,151 901
Bargain purchase gain (1,706) 0
Impairment of property and equipment  12 60
Gain on disposal of fixed assets (15) 0
Inventory write-downs 56 17
Share-based compensation expense 6,815 7,854
Non-cash interest expense 0 9
Net accretion of premium on short-term investments (695) 269
Change in:    
Accounts receivable (821) 0
Inventory 69 (70)
Other current and non-current assets (31) 1,213
Accounts payable 246 (1,874)
Accrued liabilities 4,138 246
Contract liabilities and other current liabilities (1,692) (1,845)
Operating lease liabilities (1,096) (619)
Other long-term liabilities 81 0
Net cash used in operating activities (30,124) (20,604)
Cash flows from investing activities    
Sales of investment securities 48,700 14,500
Purchases of investment securities (17,302) (38,134)
Cash paid for Ibeo business combination (11,233) 0
Purchases of property and equipment (1,484) (1,128)
Net cash provided by (used in) investing activities 18,681 (24,762)
Cash flows from financing activities    
Principal payments under finance leases (13) (15)
Principal payments under long-term debt 0 (392)
Proceeds from stock option exercises 168 416
Net proceeds from issuance of common stock 55,866 0
Net cash provided by financing activities 56,021 9
Change in cash, cash equivalents, and restricted cash 44,578 (45,357)
Cash, cash equivalents, and restricted cash at beginning of period 21,954 83,739
Cash, cash equivalents, and restricted cash at end of period 66,532 38,382
Supplemental schedule of non-cash investing and financing activities    
Non-cash additions to property and equipment 167 255
Amounts issued to escrow for acquisition consideration 3,263 0
Accrued financing fees 180 0
Issuance of common stock for subscriptions receivable 925 0
Foreign currency translation adjustments 24 0
Unrealized gain (loss) in investment securities, available-for-sale $ 95 $ 159

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