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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating activities    
Net loss $ (118,930) $ (67,733)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,511 2,456
Gain on disposal of property and equipment   (32)
Accretion of discounts on marketable securities (1,146) (104)
Reversal of deferred rent upon lease amendment   (209)
Stock compensation expense 17,135 10,844
Cost of sales - amortization of intangible assets 8,538  
Non-cash interest expense 1,944  
Changes in operating assets and liabilities:    
Accounts and other receivables (653) 559
Inventories, net (12,140)  
Prepaid expenses and other current assets (907) (1,841)
Other assets (2,564) (936)
Accounts payable 2,377 (1,499)
Accrued liabilities and other long term liabilities 6,164 (1,274)
Net cash used in operating activities (97,671) (59,769)
Investing activities    
Acquisition of technology licenses (11,000)  
Purchases of marketable securities (187,808) (192,684)
Proceeds from maturities of marketable securities 212,700 78,298
Purchases of property and equipment, net (2,838) (374)
Net cash provided by (used in) investing activities 11,054 (114,760)
Financing activities    
Proceeds from long-term debt, net 99,000  
Proceeds from issuance of common stock, net   169,187
(Tax withholding) proceeds from exercise of stock options and restricted stock awards, net (529) 285
Proceeds from Employee Stock Purchase Plan 594 292
Net cash provided by financing activities 99,065 169,764
Effect of exchange rate changes on cash, cash equivalents and restricted cash (327) 596
Net increase (decrease) in cash, cash equivalents and restricted cash 12,121 (4,169)
Cash, cash equivalents and restricted cash at beginning of period 27,213 24,891
Cash, cash equivalents and restricted cash at end of period 39,334 20,722
Supplemental disclosure of cash flow information    
Cash paid during the period for interest 4,643  
Release of accrual for litigation settlement and insurance recovery (Note 6)   4,050
Non-cash investing and financing activities:    
Disposal of fully depreciated property and equipment 199  
Non-cash acquisition of technology license $ 12,773  
Common stock issuance costs - cash not paid as of period end   $ 110