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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net loss $ (50,424) $ (32,418) $ (16,068)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Deferred income taxes (9,635) (247) 101
Bad debt expense 107 0 204
Depreciation and amortization 5,886 3,283 2,351
Stock-based compensation 9,255 7,867 7,922
Change in fair value of contingent consideration related to acquisition 100 (7,928) 8,500
Common stock issued for business development 0 258 752
Accretion of interest on convertible note 4,283 3,306 175
Accretion on marketable securities 59 260 0
Loss on disposal of assets 58 180 0
Amortization of deferred financing costs 559 413 21
Non-cash foreign exchange (gain) loss (504) 5,740 (1,731)
Changes in operating assets and liabilities:      
Accounts receivable and other receivables (3,193) (2,009) (2,440)
Inventories 3,528 (12,489) (1,046)
Prepaid expenses and other current assets 167 (632) (769)
Accounts payable 8,342 2,727 (196)
Accrued payroll (75) 1,988 3,546
Accrued expenses and other current liabilities 395 3,367 172
Net cash (used in) provided by operating activities (31,092) (26,334) 1,494
Cash flows from investing activities:      
Purchases of marketable securities (82,646) (121,015) (31,313)
Maturity on marketable securities 89,690 92,197 0
Purchases of property and equipment (4,191) (13,461) (2,862)
Intuitrak Shonin 0 (1,000) 0
Net cash (used in) provided by investing activities 2,853 (43,279) (34,175)
Cash flows from financing activities:      
Deferred financing costs (3,617) 0 (3,657)
Proceeds from sale of common stock under employee stock purchase plan 2,962 2,613 2,444
Proceeds from exercise of stock options 2,871 1,776 4,875
Proceeds from convertible debt 125,000 0 86,250
Funding of restricted cash account 0 0 5,395
Release of restricted cash account 0 0 (5,395)
Minimum tax withholding paid on behalf of employees for restricted stock units (481) (2,328) 0
Purchase of capped call 0 0 (7,418)
Net cash provided by financing activities 126,735 2,061 82,494
Effect of exchange rate changes on cash and cash equivalents (741) (802) 221
Net increase (decrease) in cash and cash equivalents 97,755 (68,354) 50,034
Cash and cash equivalents, beginning of year 26,798 95,152 45,118
Cash and cash equivalents, end of year 124,553 26,798 95,152
Supplemental disclosure of cash flow information:      
Cash paid for interest 1,957 2,018 16
Cash paid for income taxes 124 258 171
Non-cash investing and financing activities:      
Landlord funded leasehold improvements 46 5,265 1,485
Fair Value of OUS Milestone Shares (note 9) 0 38,372 0
Acquisition of property and equipment included in accounts payable $ 155 $ 2,612 $ 0