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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities    
Net loss $ (80,652) $ (97,316)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation 3,161 3,186
Amortization and accretion 14,948 13,358
Stock-based compensation 16,745 20,705
Other non-cash 1,320 7
Changes in operating assets and liabilities    
Accounts receivable, net (3,129) (4,724)
Inventory (3,173) 2,397
Prepaid, current and other assets (2,532) (861)
Accounts payable, accrued expenses and other current liabilities 4,082 1,484
Operating lease liabilities (2,934) (2,929)
Deferred revenue 1,970 0
Net cash used in operating activities (50,194) (64,693)
Cash flows from investing activities    
Purchase of available-for-sale investments (73,006) (43,455)
Proceeds from sales and maturities of investments 52,988 118,357
Purchase of property, plant and equipment (1,377) (1,690)
Net cash (used in) provided by activities (21,395) 73,212
Cash flows from financing activities    
Proceeds from loan 0 8,274
Repayment of loan 0 (8,274)
Payments related to issuance of stock for stock-based compensation arrangements, net (25) (1,160)
Net cash used in financing activities (25) (1,160)
Net change in cash and cash equivalents (71,614) 7,359
Cash and cash equivalents, at beginning of period 151,570 143,940
Cash and cash equivalents, at end of period 79,956 151,299
Non-cash investing and financing activities    
Purchase of property, plant and equipment $ 727 $ 409