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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities      
Net loss $ (166,783) $ (48,709) $ (25,321)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:      
Noncash benefit on release of tax valuation allowance   (11,797)  
Depreciation and amortization 7,419 4,228 941
Stock-based compensation expense 41,120 10,763 6,491
Change in fair value of contingent consideration 2,344 246  
Issuance of restricted common stock in exchange for consulting services to non-employees   168  
Re-measurement of warrants     440
Other non-cash items 1,513 142 9
Changes in operating assets and liabilities:      
Prepaid expenses and other assets (6,847) 307 (4,214)
Accounts payable 2,541 (2,249) 2,067
Accrued expenses and other liabilities 9,423 9,969 761
Deferred revenue 11,171 (24,871) 54,868
Deferred rent (330) 2,110 7,408
Net cash (used in) provided by operating activities (98,429) (59,693) 43,450
Investing activities      
Restricted cash (8,816) 209 (1,153)
Purchase of property and equipment (7,055) (8,708) (8,670)
Purchases of marketable securities (755,175) (174,981)  
Proceeds from maturities of marketable securities 199,179 30,960  
Acquisition of business, net of cash acquired   (4,673)  
Net cash used in investing activities (571,867) (157,193) (9,823)
Financing activities      
Cash paid for contingent purchase price consideration (453)    
Proceeds from public offering of common stock, net of issuance costs 477,064 353,226 104,921
Repayment of nonrecourse note collateralized by restricted stock     344
Proceeds from issuance of common stock 10,109 5,226 376
Net cash provided by financing activities 486,720 358,452 105,641
(Decrease) increase in cash and cash equivalents (183,576) 141,566 139,268
Cash and cash equivalents at beginning of period 347,845 206,279 67,011
Cash and cash equivalents at end of period 164,269 347,845 206,279
Non-cash investing and financing activities:      
Construction financing lease obligation 61,901    
Purchases of property and equipment included in accounts payable and accrued expenses 2,089 387 1,924
Offering expenses included in accounts payable and accrued expenses   183  
Reclassification of warrants to additional paid-in capital     655
Conversion of preferred stock to common stock upon closing of IPO     122,178
Stock option exercise proceeds receivable $ 17 $ 98 $ 107