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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net loss $ (298,810) $ (664,326)
Adjustments to reconcile net loss to net cash used in operating activities:    
Change in fair value of contingent consideration 0 464
Depreciation and amortization 3,745 17,335
Stock-based compensation expense 30,509 101,829
Loss (gain) on equity securities 3,135 (28,765)
Excess inventory reserve 7,519 29,712
Other non-cash items 2,890 13,358
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (6,197) (15,720)
Operating lease right-of-use assets 29,650 22,630
Accounts payable (7,552) 2,004
Accrued expenses and other liabilities (39,046) 54,774
Operating lease liabilities (22,523) (24,499)
Deferred revenue 0 210
Collaboration research advancement 0 (4,920)
Net cash used in operating activities (296,680) (495,914)
Cash flows from investing activities:    
Purchase of property, plant and equipment (8,100) (12,944)
Purchases of marketable securities 0 (421,416)
Proceeds from maturities of marketable securities 125,095 802,367
Proceeds from sales of marketable securities 30,216 31,318
Proceeds from sale of Durham, North Carolina facility 0 110,300
Purchase of intangible assets 0 (8,000)
Net cash provided by investing activities 147,211 501,625
Cash flows from financing activities:    
Proceeds from exercise of stock options and ESPP contributions 3 5,078
Net cash provided by financing activities 54,368 80,060
(Decrease) increase in cash, cash equivalents and restricted cash (95,101) 85,771
Cash, cash equivalents and restricted cash at beginning of period 206,693 373,728
Cash, cash equivalents and restricted cash at end of period 111,592 459,499
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents 66,478 402,461
Restricted cash included in receivables and other current assets 1,565 2,530
Restricted cash included in restricted cash and other non-current assets 43,549 54,508
Total cash, cash equivalents and restricted cash 111,592 459,499
Supplemental cash flow disclosures from investing and financing activities:    
Purchases of property, plant and equipment included in accounts payable and accrued expenses 176 732
Offering expenses accrued or in AP 298 0
Right-of-use assets obtained in exchange for operating lease liabilities 229,636 22,049
Reduction of right of use asset and associated lease liability (2,833) (9,004)
Issuance of unrestricted stock awards to settle accrued employee compensation 0 14,488
Private Placement    
Cash flows from financing activities:    
Proceeds from issuance of common stock 0 74,982
Public Offering    
Cash flows from financing activities:    
Proceeds from issuance of common stock $ 54,365 $ 0