XML 17 R6.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities:    
Net loss $ (7,068) $ (14,442)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 1,155 1,120
Stock-based compensation 3,477 2,065
Non-cash restructuring benefit   454
Accretion of discount or amortization of premium on short-term investments (197) (60)
Amortization of debt issuance costs 18 21
Changes in operating assets and liabilities:    
Accounts receivable 504 5,221
Inventory 3,506 (7,623)
Prepaid expenses and other assets 423 561
Deferred revenue 167 (473)
Deferred rent   (1,123)
Accounts payable 949 34
Accrued compensation and employee related benefits (3,279) (1,236)
Operating lease right-of-use assets 419  
Operating lease liabilities (739)  
Accrued liabilities and other liabilities (66) 307
Restructuring liabilities   3,638
Net cash used in operating activities (731) (11,536)
Investing activities:    
Purchases of investments (22,222) (8,857)
Proceeds from maturities of investments 22,944 17,850
Purchases of property and equipment (305) (698)
Net cash provided by investing activities 417 8,295
Financing activities:    
Principal payments on finance lease obligations (147) (242)
Payments on term loans (250) (2,147)
Proceeds from term loans, net of debt issuance costs   12,379
Proceeds from exercise of stock options and employee stock purchase plan 1,842 1,966
Net cash provided by financing activities 1,445 11,956
Net increase in cash and cash equivalents 1,131 8,715
Cash and cash equivalents    
Beginning of period 17,530 19,285
End of period 18,661 28,000
Supplemental disclosure of non-cash financing and investing activities:    
Purchases of property and equipment not yet paid $ 347 $ 281