v3.25.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net loss $ (15,620) $ (26,131)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 15,624 15,924
Loss on rental units and other assets 2,693 3,075
Gain on sale of former rental assets   (164)
Provision for sales revenue returns and doubtful accounts 4,866 9,397
Provision for inventory losses 721 (243)
Loss on purchase commitments 344 (334)
Stock-based compensation expense 6,203 5,704
Deferred income taxes 30 (244)
Change in fair value of earnout liability   1,830
Changes in operating assets and liabilities:    
Accounts receivable (14,725) (1,154)
Inventories (1,055) (2,048)
Income tax receivable   (288)
Prepaid expenses and other current assets 132 4,083
Operating lease right-of-use asset 2,470 1,323
Other noncurrent assets 1,299 351
Accounts payable and accrued expenses 5,616 (2,947)
Accrued payroll (5,513) 3,195
Warranty reserve 1,515 2,197
Deferred revenue (2,350) (2,788)
Income tax payable (138) (27)
Operating lease liability (2,563) (1,779)
Earnout liability (9,822)  
Net cash provided by (used in) operating activities (10,273) 8,932
Cash flows from investing activities    
Purchases of available-for-sale securities (22,682) (32,333)
Maturities of available-for-sale securities 6,000 20,500
Investment in intangible assets   (2,090)
Investment in property and equipment (1,544) (3,031)
Production and purchase of rental equipment (6,467) (8,833)
Proceeds from sale of former assets   272
Net cash used in investing activities (24,693) (25,515)
Cash flows from financing activities    
Proceeds from employee stock purchases 971 811
Payment of employment taxes related to release of restricted stock (634) (286)
Payments of accrued earnout (3,178)  
Proceeds from issuance of common stock from securities purchase agreement 27,210  
Net cash provided by financing activities 24,369 525
Effect of exchange rates on cash 939 (153)
Net decrease in cash, cash equivalents and restricted cash (9,658) (16,211)
Cash, cash equivalents and restricted cash, beginning of period 117,415 125,492
Cash, cash equivalents and restricted cash, end of period 107,757 109,281
Supplemental disclosures of cash flow information    
Cash paid during the period for income taxes, net of refunds received 318 348
Supplemental disclosure of non-cash transactions    
Property and equipment in accounts payable and accrued expenses $ 154 $ 62

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