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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating activities      
Net loss $ (294,090) $ (254,337) $ (324,277)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 9,147 5,188 3,577
Amortization of intangible assets 5,003 4,993 1,249
Stock-based compensation expense 36,158 26,971 26,240
Loss on extinguishment of debt 0 0 2,209
Amortization of debt issuance costs 1,397 1,397 1,350
Accretion of debt discount and back-end fee on debt 18,981 17,985 15,939
Noncash operating lease expense 1,078 360  
Noncash operating lease expense 5,932 9,763  
Changes in operating assets and liabilities:                    
Accounts receivable 2,670 (13,717) (5,515)
Inventory (21,180) (21,281) (7,032)
Prepaid expenses and other current assets (3,114) (8,718) (5,514)
Other assets (6,261) (16,008) 0
Accounts payable 29,825 (4,966) 3,870
Accrued expenses and other (10,675) 4,789 19,916
Accrued compensation 5,781 (3,068) 10,011
Net cash used in operating activities (219,348) (250,649) (257,977)
Investing activities      
Purchase of fixed assets (6,240) (42,268) (13,090)
PARI milestone upon regulatory approvals (582) 0 (1,724)
Net cash used in investing activities (6,822) (42,268) (14,814)
Financing activities      
Proceeds from issuance of 1.75% convertible senior notes due 2025 0 0 450,000
Payment of debt principal and extinguishment costs 0 0 (57,835)
Proceeds from issuance of common stock, net               245,866 261,074 0
Proceeds from exercise of stock options, ESPP, and RSU vesting 26,073 19,701 8,815
Payment of debt issuance costs 0 0 (14,237)
Financing cash flows for finance leases (936) 0  
Proceeds from tenant improvement allowance 0 4,503  
Net cash provided by financing activities               271,003 285,278 386,743
Effect of exchange rates on cash and cash equivalents 494 (4) (45)
Net increase (decrease) in cash and cash equivalents 45,327 (7,643) 113,907
Cash and cash equivalents at beginning of period 487,429 495,072 381,165
Cash and cash equivalents at end of period 532,756 487,429 495,072
Supplemental disclosures of cash flow information:      
Cash paid for interest 9,186 7,883 6,289
Cash paid for income taxes $ 814 $ 339 $ 154