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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating activities    
Net loss $ (261,658) $ (194,119)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization 2,303 1,667
Net (accretion) amortization on investment securities (1,519) 217
Non-cash interest expense 12,642 8,244
Stock-based compensation expense 35,587 32,405
Remeasurement (gain) loss on embedded derivatives liabilities (3,668) 657
Provision for excess and obsolete inventories 2,246  
Loss on assets disposal 14 50
Changes in operating assets and liabilities:    
Inventories (15,597)  
Trade and other receivables, net (694)  
Unbilled - collaboration and license revenue (3,178)  
Prepaid research and development (229) 5,411
Prepaid manufacturing (1,738)  
Prepaid expenses and other current assets (1,286) (6,087)
Prepaid and other long-term assets (2,852) (4,395)
Accounts payable 4,749 3,426
Accrued compensation and employee benefits (3,329) 4,104
Accrued research and development (28,298) 326
Accrued and other liabilities 5,044 2,081
Deferred revenue (180) (12,743)
Notes payable, long term debt and long term obligation to collaborator (316)  
Other long-term liabilities (720) (657)
Net cash used in operating activities (262,677) (159,413)
Investing activities    
Purchases of property and equipment (1,577) (1,542)
Purchases of intangible assets   (5,000)
Purchases of investments (218,330) (373,976)
Proceeds from maturities of investments 338,320 250,293
Net cash provided by (used in) investing activities 118,413 (130,225)
Financing activities    
Proceeds from debt issuance, net 95,000 48,000
Proceeds from issuance of common stock, net   380,552
Debt issuance costs paid   (557)
Proceeds from issuance of common stock pursuant to equity award plans, net 14,635 17,563
Payment of public offering cost   (387)
Dividends to Noncontrolling interest (SRX Cardio)'s shareholders (140)  
Net cash provided by financing activities 109,495 445,171
Net (decrease) increase in cash, cash equivalents and restricted cash (34,769) 155,533
Cash, cash equivalents and restricted cash at beginning of period 181,741 188,658
Cash, cash equivalents and restricted cash at end of period $ 146,972 $ 344,191