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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net loss $ (57,462) $ (66,617)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 464 360
Lease incentive (26) (25)
Stock-based compensation expense 5,867 4,137
Changes in operating assets and liabilities:    
Accounts receivable (3,694) (1,679)
Inventories (85) (1,576)
Prepaid expenses and other assets (33) (114)
Accounts payable (4,124) 5,401
Accrued expenses 10,315 4,409
Deferred revenue (4,944) 3,938
Net cash used in operating activities (53,722) (51,766)
Investing activities    
Purchase of intangible assets   (2,500)
Purchases of property and equipment (818) (136)
Net cash used in investing activities (818) (2,636)
Financing activities    
Proceeds from issuances of common stock from public offerings, net of issuance costs of $507 and $526 9,425 51,619
Proceeds from issuances of common stock from employee stock purchase plans 1,141  
Repayment of term note (2,000) (2,000)
Proceeds from the exercise of stock options 428 114
Payments made for employee restricted stock tax withholdings (68)  
Net cash provided by financing activities 8,926 49,733
Net (decrease) increase in cash and cash equivalents (45,614) (4,669)
Cash and cash equivalents at beginning of period 153,225 95,697
Cash and cash equivalents at end of period 107,611 91,028
Supplemental disclosure of cash flow information    
Cash paid for offering costs 447 512
Cash paid for interest 121 $ 226
Supplemental disclosure of non-cash activities    
Offering costs in accrued expenses 60  
Receivable from issuance of common stock from at-the-market offering in other current assets 2,090  
Acquisition of property and equipment in accrued expenses $ 97