XML 22 R6.htm IDEA: XBRL DOCUMENT v3.19.3
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating activities    
Net loss $ (91,275) $ (154,051)
Adjustments to reconcile net loss to net cash used for operating activities:    
Share-based compensation expense 19,522 29,126
Depreciation expense 3,408 3,245
Loss on disposal of equipment 15 236
Non-cash interest expense 6,971 4,421
Non-cash rent expense 969 0
Changes in operating assets and liabilities:    
Accounts receivable, net (36) (1,537)
Inventory, net 110 (1,101)
Prepaid expenses and other current assets 328 (2,700)
Accounts payable (3,234) (4,914)
Accrued expenses (332) 5,906
Accrued payroll and related expenses (2,391) (73)
Lease liability (1,873) 0
Deferred rent 0 1,110
Net cash used for operating activities (67,818) (120,332)
Investing activities    
Purchase of property and equipment (679) (2,252)
Net cash used for investing activities (679) (2,252)
Financing activities    
Proceeds from the issuance of common stock under ESPP 661 0
Proceeds From Royalties Financing 0 124,289
Net proceeds from the issuance of common stock 0 109,809
Net proceeds from the exercise of stock options for common stock 0 1,908
Net cash provided by financing activities 661 236,006
Net (decrease) increase in cash and restricted cash (67,836) 113,422
Cash and restricted cash at beginning of period 173,513 91,824
Cash and restricted cash at end of period 105,677 205,246
Supplemental disclosure of non-cash investing and financing activities:    
Noncash Or Part Noncash Transaction, Conversion Of Preferred Stock, Common Stock 2,737 0
Initial recognition of right-of-use lease asset 16,798  
Reconciliation of cash and restricted cash to the condensed consolidated balance sheets    
Total cash and restricted cash $ 173,513 $ 91,824