Balance Sheet Components (Tables)
|
6 Months Ended |
Jun. 30, 2023 |
|---|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] |
|
| Summary of Property, Plant and Equipment |
Property and equipment, net consists of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30,
2023 |
|
December 31,
2022 |
| Equipment |
$ |
70,783 |
|
|
$ |
63,656 |
|
| Buildings |
21,384 |
|
|
21,384 |
|
| Computer software |
13,677 |
|
|
10,920 |
|
| Leasehold improvements |
15,600 |
|
|
14,319 |
|
| Molds and tooling |
11,305 |
|
|
10,298 |
|
| Land |
6,270 |
|
|
6,270 |
|
| Vehicles and aircraft |
1,597 |
|
|
1,582 |
|
| Furniture and fixtures |
686 |
|
|
682 |
|
| Construction in-progress |
5,619 |
|
|
6,094 |
|
| Gross property and equipment |
146,921 |
|
|
135,205 |
|
| Accumulated depreciation and amortization |
(53,962) |
|
|
(43,102) |
|
| Property and equipment, net |
$ |
92,959 |
|
|
$ |
92,103 |
|
|
| Schedule of Intangible Assets |
The intangible assets consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30,
2023 |
|
December 31,
2022 |
| Automation platform software |
$ |
7,200 |
|
|
$ |
7,200 |
|
| Multimodal software technology |
4,900 |
|
|
4,900 |
|
| System simulation software technology |
4,600 |
|
|
4,600 |
|
| Other intangibles |
5,328 |
|
|
5,328 |
|
| Gross intangible assets |
22,028 |
|
|
22,028 |
|
| Accumulated amortization |
(12,466) |
|
|
(9,447) |
|
| Intangible assets, net |
$ |
9,562 |
|
|
$ |
12,581 |
|
|
| Schedule of Estimated Future Amortization Expense of Acquired Intangible Assets |
The following table presents the estimated future amortization expense of acquired amortizable intangible assets as of June 30, 2023 (in thousands):
|
|
|
|
|
|
| Fiscal Year |
Amount |
2023 (remainder) |
$ |
3,041 |
|
| 2024 |
4,372 |
|
| 2025 |
2,149 |
|
|
$ |
9,562 |
|
|
| Schedule of Prepaid Expenses and Other Current Assets |
Prepaid expenses and other current assets consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30,
2023 |
|
December 31,
2022 |
| Prepaid equipment |
$ |
4,618 |
|
|
$ |
4,525 |
|
| Prepaid software |
5,013 |
|
|
5,522 |
|
| Prepaid taxes |
518 |
|
|
1,273 |
|
| Prepaid insurance |
6,852 |
|
|
7,702 |
|
| Other |
3,346 |
|
|
1,138 |
|
| Total |
$ |
20,347 |
|
|
$ |
20,160 |
|
|
| Schedule of Other Noncurrent Assets |
Other non-current assets consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30,
2023 |
|
December 31,
2022 |
| Contractual agreement asset |
$ |
59,611 |
|
|
$ |
59,611 |
|
| Long term prepaid insurance |
950 |
|
|
3,770 |
|
| Other non-current assets |
533 |
|
|
819 |
|
| Total |
$ |
61,094 |
|
|
$ |
64,200 |
|
|
| Schedule of Accrued and Other Liabilities |
Accrued and other current liabilities consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30,
2023 |
|
December 31,
2022 |
| Vendor related accruals |
$ |
10,413 |
|
|
$ |
7,508 |
|
| Payroll accruals |
21,425 |
|
|
5,992 |
|
| Acquisition-related obligation accrual |
— |
|
|
2,167 |
|
| Other accruals and current liabilities |
4,388 |
|
|
3,116 |
|
| Total |
$ |
36,226 |
|
|
$ |
18,783 |
|
|