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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating activities    
Net loss $ (154,051) $ (76,257)
Adjustments to reconcile net loss to net cash used for operating activities:    
Share-based compensation expense 29,126 15,176
Depreciation expense 3,245 899
Loss on disposal of equipment 236 0
Interest expense 4,421 0
Changes in operating assets and liabilities:    
Accounts receivable, net (1,537) 0
Inventory (1,101) 0
Prepaid expenses and other current assets (2,700) (267)
Other assets 0 219
Accounts payable (4,914) (413)
Accrued expenses 5,906 (234)
Accrued payroll and related expenses (73) 1,151
Deferred rent 1,110 0
Net cash used for operating activities (120,332) (59,726)
Investing activities    
Purchase of property and equipment (2,252) (4,288)
Net cash used for investing activities (2,252) (4,288)
Financing activities    
Net proceeds from royalty financing 124,289 0
Net proceeds from the issuance of common stock 109,809 117,480
Proceeds from the exercise of stock options for common stock 1,908 2,359
Net cash provided by financing activities 236,006 119,839
Net increase in cash, cash equivalents and restricted cash 113,422 55,825
Cash, cash equivalents and restricted cash at beginning of period 91,824 65,926
Cash, cash equivalents and restricted cash at end of period 205,246 121,751
Reconciliation of cash, cash equivalents and restricted cash to the condensed consolidated balance sheets    
Total cash, cash equivalents and restricted cash $ 91,824 $ 65,926