v3.25.2
Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows From Operating Activities:    
Net income (loss) $ 93,199,000 $ (96,884,000)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Impairment loss   63,809,000
Depreciation and amortization 14,942,000 15,027,000
Amortization of debt discount 631,000 1,198,000
Non-cash operating lease expense 4,037,000 2,826,000
Unrealized (gain) loss on investments in equity securities (613,000) 1,026,000
Realized gain (loss) on available-for-sale investments 1,888,000 (1,968,000)
Gain on extinguishment of debt   (1,179,000)
Gain on divested business (116,662,000)  
Stock-based compensation expense 6,075,000 10,453,000
Loss on disposal of property and equipment 105,000 238,000
Change in credit losses 48,000 (18,000)
Excess and obsolete inventory (36,000)  
Change in contingent consideration (5,206,000) (1,741,000)
Changes in operating assets and liabilities:    
Accounts receivable (5,945,000) 1,558,000
Inventories (1,667,000) 2,432,000
Prepaid expenses and other current assets 3,188,000 (1,381,000)
Deposits (170,000) (9,000)
Operating lease liabilities (2,935,000) (2,754,000)
Accounts payable and other accrued expenses (2,594,000) (2,294,000)
Accrued compensation and related expenses (1,568,000) (630,000)
Deferred revenue 519,000 23,000
Net deferred tax liability 1,077,000 (1,022,000)
Net cash used in operating activities (11,687,000) (11,290,000)
Cash Flows From Investing Activities:    
Purchases of property and equipment (7,519,000) (7,796,000)
Software development costs (2,062,000) (2,074,000)
Purchases of short-term investments   (49,922,000)
Proceeds from divested business 210,239,000  
Sales/maturities of short-term investments 36,001,000 80,225,000
Patent and trademark costs (698,000) (667,000)
Net cash provided by investing activities 235,961,000 19,766,000
Cash Flows From Financing Activities:    
Proceeds from exercise of stock options 2,950,000 627,000
Repurchase of common stock (4,259,000)  
Repayment of notes payable (80,000) (72,000)
Repayment of finance lease liabilities (320,000) (144,000)
Net cash used in financing activities (16,053,000) (8,252,000)
Effect of exchange rates on cash and cash equivalents (10,094,000) (112,000)
Net change in cash and cash equivalents 198,127,000 112,000
Cash and cash equivalents - beginning of period 45,289,000 46,346,000
Cash and cash equivalents - end of period 243,416,000 46,458,000
Reconciliation of cash and cash equivalents to the condensed consolidated balance sheets:    
Cash and cash equivalents from continuing operations - beginning of period 34,137,000 35,192,000
Cash and cash equivalents from discontinued operations (included in current assets held for sale) - beginning of period 11,152,000 11,154,000
Total cash and cash equivalents - beginning of period 45,289,000 46,346,000
Cash and cash equivalents from continuing operations - end of period 243,416,000 34,184,000
Cash and cash equivalents from discontinued operations (included in current assets held for sale) - end of period   12,274,000
Total cash and cash equivalents - end of period 243,416,000 46,458,000
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest 921,000 1,611,000
Cash paid for income taxes 626,000 707,000
Supplemental Disclosure of Non-Cash Financing Activities:    
Operating lease right-of-use assets and operating lease liabilities 2,491,000 186,000
Net unrealized gain on available-for-sale debt securities 1,173,000 1,255,000
Reclassification of realized gain (loss) on available-for-sale debt securities to earnings 2,203,000 1,619,000
Paid-in-kind preferred stock dividend, including beneficial conversion feature 4,000,000 4,000,000
Fixed assets included in accounts payable and accrued liabilities 269,000 464,000
Contingent consideration reclassed to accounts payable and accrued liabilities 869,000  
Purchase of equipment through finance lease obligation 377,000  
2026 Senior Notes    
Cash Flows From Financing Activities:    
Repayment of Convertible Senior Notes 0 $ (8,663,000)
2025 Senior Notes    
Cash Flows From Financing Activities:    
Repayment of Convertible Senior Notes $ (14,344,000)  

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