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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net loss $ (44,199) $ (40,172)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 332 87
Lease incentive (17) (17)
Stock-based compensation expense 3,767 2,496
Changes in operating assets and liabilities:    
Accounts receivable (2,748) (2,952)
Inventories (204) (1,214)
Prepaid expenses and other assets (1,083) (351)
Accounts payable (3,494) 2,537
Accrued expenses 1,074 3,308
Deferred revenue 5,417 3,926
Net cash used in operating activities (41,155) (32,352)
Investing activities    
Purchase of intangible assets   (2,500)
Purchases of property and equipment (478) (25)
Net cash used in investing activities (478) (2,525)
Financing activities    
Proceeds from issuances of common stock from public offerings, net of issuance costs of $526   51,174
Proceeds from issuances of common stock from employee stock purchase plans 673  
Repayment of term note (1,333) (1,333)
Proceeds from the exercise of stock options 415 86
Payments made for employee restricted stock tax withholdings (51)  
Payments of offering costs for at-the-market equity program (87) (526)
Net cash provided by financing activities (383) 49,927
Net (decrease) increase in cash and cash equivalents (42,016) 15,050
Cash and cash equivalents at beginning of period 153,225 95,697
Cash and cash equivalents at end of period 111,209 110,747
Supplemental disclosure of cash flow information    
Cash paid for offering costs 87 512
Cash paid for interest 88 $ 159
Supplemental disclosure of non-cash activities    
Offering costs in accrued expenses 25  
Acquisition of property and equipment in accrued expenses $ 304