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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net loss $ (66,611) $ (21,797)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 906 901
Stock-based compensation 4,432 3,411
Amortization of debt issuance costs 362 346
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable 26,397 1,534
(Increase) decrease in inventory 96 74
(Increase) decrease in prepaid expenses and other current assets (2,875) (2,018)
Decrease in other assets 102 91
Decrease in accounts payable and other liabilities 15,137 (8,171)
Decrease in deferred revenue 0 9
Net cash provided by (used in) operating activities (22,054) (25,620)
Cash flows from investing activities:    
Purchases of property and equipment 0 (70)
Purchases of investments (33,222) (87,256)
Maturities of investments 76,000 79,600
Net cash (used in) provided by investing activities 42,778 (7,726)
Cash flows from financing activities:    
Repurchase of common stock (923) (941)
Repayment of debt borrowings, net of fees (321) (321)
Net cash used in financing activities (1,244) (1,262)
Net increase (decrease) in cash and cash equivalents 19,480 (34,608)
Cash and cash equivalents at beginning of period 36,112 80,386
Cash and cash equivalents at end of period 55,592 45,778
Supplemental disclosure of cash flow information:    
Cash paid for interest $ 3,658 $ 3,698