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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net loss $ (406,602) $ (218,415)
Adjustments to reconcile net loss to net cash used in operating activities:    
Change in fair value of contingent consideration 843 (1,460)
Depreciation and amortization 12,613 9,899
Stock-based compensation expense 80,849 38,953
Other non-cash items 3,106 2,545
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (19,014) (12,865)
Accounts payable (493) (447)
Accrued expenses and other liabilities 31,466 (6,468)
Deferred revenue (31,981) 3,084
Collaboration research advancement 45,518  
Net cash used in operating activities (283,695) (185,174)
Cash flows from investing activities:    
Purchase of property, plant and equipment, including assets under financing lease obligation (42,844) (43,408)
Purchases of marketable securities (827,163) (621,004)
Proceeds from maturities of marketable securities 631,680 320,190
Purchase of other investment and investment receivable (20,017)  
Net cash used in investing activities (258,344) (344,222)
Cash flows from financing activities:    
Proceeds from public offering of common stock, net of issuance costs 649,367 436,805
Cash paid for contingent purchase price consideration   (1,074)
Reimbursement of assets under financing lease obligation 3,098 38,021
Payments on financing lease obligation (728) (315)
Proceeds from issuance of common stock 29,550 14,406
Net cash provided by financing activities 735,771 487,843
Increase (decrease) in cash, cash equivalents and restricted cash 193,732 (41,553)
Cash, cash equivalents and restricted cash at beginning of period 772,268 293,277
Cash, cash equivalents and restricted cash at end of period 966,000 251,724
Supplemental cash flow disclosures from investing and financing activities:    
Purchases of property, plant and equipment included in accounts payable and accrued expenses 2,770 1,740
Assets acquired under financing lease obligation   2,467
Stock option exercise proceeds receivable 49 845
Tenant improvements under financing lease included in tenant improvements receivable 14 $ 2,013
Regeneron Collaboration Agreement [Member]    
Cash flows from financing activities:    
Proceeds from issuance of common stock $ 54,484