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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (222,290) $ (447,510)
Adjustments to reconcile net loss to net cash used in operating activities:    
Change in fair value of contingent consideration 0 416
Depreciation and amortization 2,358 11,353
Stock-based compensation expense 21,298 73,687
Loss (gain) on equity securities 3,135 (28,286)
Excess inventory reserve 7,519 15,084
Other non-cash items 661 6,228
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (9,629) (3,481)
Operating lease right-of-use assets 17,636 15,074
Accounts payable (1,175) 7,475
Accrued expenses and other liabilities (28,565) 17,453
Operating lease liabilities (10,602) (16,468)
Net cash used in operating activities (219,654) (348,975)
Cash flows from investing activities:    
Purchase of property, plant and equipment (6,836) (9,204)
Purchases of marketable securities 0 (196,145)
Proceeds from maturities of marketable securities 108,225 557,751
Proceeds from sales of marketable securities 30,213 31,318
Purchase of intangible assets 0 (2,000)
Net cash provided by investing activities 131,602 381,720
Cash flows from financing activities:    
Proceeds from exercise of stock options and ESPP contributions 0 4,192
Proceeds from the secondary public offering, net of issuance costs 8,043 0
Net cash provided by financing activities 8,043 4,192
(Decrease) increase in cash, cash equivalents and restricted cash (80,009) 36,937
Cash, cash equivalents and restricted cash at beginning of period 206,693 373,728
Cash, cash equivalents and restricted cash at end of period 126,684 410,665
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents 81,499 353,468
Restricted cash included in receivables and other current assets 1,635 2,687
Restricted cash included in restricted cash and other non-current assets 43,550 54,510
Total cash, cash equivalents and restricted cash 126,684 410,665
Supplemental cash flow disclosures from investing and financing activities:    
Purchases of property, plant and equipment included in accounts payable and accrued expenses 842 1,508
Right-of-use assets obtained in exchange for operating lease liabilities 218,836 22,049
Issuance of unrestricted stock awards to settle accrued employee compensation 0 12,013
Purchases of intangible assets included in accounts payable and accrued expenses, net of reimbursement receivable from collaboration partner $ 0 $ 6,500