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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net loss $ (215,975) $ (167,870) $ (281,584)
Adjustments to reconcile net loss to net cash used in operating activities:      
Stock-based compensation 68,201 63,615 84,422
Amortization of premiums and accretion of discounts on investment securities (2,736) 2,404 1,470
Amortization of intangible assets 0 1,108 1,477
(Gain) loss on strategic investment (3,542) (2,329) 997
Depreciation 2,026 2,236 1,455
Loss on disposal of assets 0 0 281
Non-cash in-process research and development 0 0 44,280
Changes in operating assets and liabilities:      
Accounts receivable, net 2,171 (16,119) (12,466)
Interest and other receivables 93 1,057 58
Inventory 2,415 (4,210) (3,320)
Prepaid expenses and other current assets 2,494 1,802 (7,088)
Operating lease right-of-use assets 6,566 6,287 4,280
Other assets (48) 10 182
Accounts payable 5,870 (1,617) 1,271
Accrued liabilities 24,306 (8,455) 27,569
Operating lease liabilities (7,916) (5,433) (1,769)
Long-term liabilities 2,040 1,854 2,319
Net cash used in operating activities (114,035) (125,660) (136,166)
Cash flows from investing activities      
Purchases of investment securities (363,174) (492,797) (339,908)
Maturities of investment securities 436,415 422,817 540,004
Net purchases of property and equipment 0 (1,122) (7,587)
Net cash (used in) provided by investing activities 73,241 (71,102) 192,509
Cash flows from financing activities      
Proceeds from issuance of common stock, net of issuance costs 8,199 18,162 80,996
Net cash provided by financing activities 8,199 18,162 80,996
Effect of exchange rate changes on cash 6 7 (8)
Net (decrease) increase in cash, cash equivalents and restricted cash (32,589) (178,593) 137,331
Cash, cash equivalents and restricted cash      
Beginning of period 153,205 331,798 194,467
End of period 120,616 153,205 331,798
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 2,190 1,038 1,113
Supplemental disclosure of noncash information:      
Property and equipment purchases in accounts payable and accrued liabilities 0 0 130
Value of common stock issued in connection with asset acquisition $ 0 $ 0 $ 44,280