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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net loss $ (33,168) $ (24,644)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation expense 13,745 10,577
Depreciation 3,815 3,925
Amortization of intangible assets 965 977
Amortization of deferred financing costs 249 282
Loss on disposal of property and equipment 52 97
Amortization of investments 1,206 127
Change in value of contingent consideration 5,100 (5,046)
Other non-cash adjustments to income 472 656
Changes in operating assets and liabilities    
Accounts receivable (10,799) 5,127
Inventories (2,707) (3,402)
Other current assets (308) (7)
Accounts payable 3,571 (1,970)
Accrued liabilities 4,529 (14,841)
Other noncurrent assets and liabilities (571) 507
Net cash used in operating activities (13,849) (27,635)
Cash flows from investing activities:    
Purchases of available-for-sale securities (94,817) (127,069)
Sales and maturities of available-for-sale securities 147,884 33,732
Purchases of property and equipment (5,539) (2,944)
Proceeds from capital grant 800
Net cash provided by (used in) investing activities 47,528 (95,481)
Cash flows from financing activities:    
Proceeds from sale of stock, net of offering costs of $0 and $218 188,958
Payments on debt and leases (399) (280)
Payments of debt fees (4)
Proceeds from stock option exercises and employee stock purchase plan 9,010 6,889
Shares repurchased for payment of taxes on stock awards (16,500) (12,323)
Net cash (used in) provided by financing activities (7,889) 183,240
Effect of exchange rate changes on cash and cash equivalents (115) (85)
Net increase in cash and cash equivalents 25,675 60,039
Cash and cash equivalents-beginning of period 41,944 28,483
Cash and cash equivalents-end of period 67,619 88,522
Supplemental cash flow information:    
Cash paid for interest 2,147 2,195
Cash paid for income taxes, net of refunds 128 282
Non-cash investing and financing activities:    
Accrued purchases of property and equipment $ 529 $ 525