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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating activities      
Net loss $ (43,562) $ (47,089) $ (45,581)
Adjustments to reconcile net loss to net cash used in operating activities      
Depreciation and amortization 3,354 2,977 2,377
Stock-based compensation expense 11,369 9,038 6,278
Amortization (accretion) of discount or premium on short-term investments 198 (20) 270
Interest accrued on long-term debt 171 158 18
Conversion of accrued interest to long-term debt 1,472 1,357 1,067
(Gain) loss on disposal of property and equipment 15 (2) 3
Provision for bad debt 361 0 34
Provision for inventory obsolescence 866 822 248
Changes in operating assets and liabilities      
Accounts receivable 2,277 (2,476) (7,328)
Inventory (8,742) (5,857) (5,602)
Prepaid expenses and other (911) 72 1,199
Other assets (367) 37 (7)
Accounts payable (110) 869 (166)
Accrued liabilities 1,312 (40) (80)
Accrued compensation and other employee benefits 295 281 1,242
Customer deposits 8,335 610 0
Deferred revenue (29,161) 29,948 (127)
Deferred rent and other liabilities 1,171 3,236 2,793
Net cash used in operating activities (51,657) (6,079) (43,362)
Investing activities      
Purchases of property and equipment (4,284) (3,991) (3,796)
Proceeds from sale of property and equipment 0 4 6
Proceeds from sale of short-term investments 3,600 4,700 3,000
Proceeds from maturity of short-term investments 79,599 34,800 57,309
Purchases of short-term investments (81,405) (65,774) (32,750)
Net cash (used in) provided by investing activities (2,490) (30,261) 23,769
Financing activities      
Proceeds from long-term debt 0 5,000 10,000
Repayment of long-term debt and lease financing obligations (58) (226) (271)
Proceeds from sale of common stock, net 56,486 26,223 12,518
Issuance of common stock warrants 674 0 0
Proceeds from exercise of common stock warrants 0 0 2
Proceeds from issuance of common stock for employee stock purchase plan 1,793 1,489 1,295
Deferred offering costs 0 0 (152)
Tax withholdings related to net share settlements of restricted stock units 313 0 0
Proceeds from exercise of stock options 1,086 2,607 876
Net cash provided by financing activities 59,668 35,093 24,268
Net increase (decrease) in cash and cash equivalents 5,521 (1,247) 4,675
Effect of exchange rate changes on cash and cash equivalents 32 (26) (42)
Cash and cash equivalents      
Beginning of year 20,583 21,856 17,223
End of year 26,136 20,583 21,856
Supplemental disclosures      
Cash paid for interest 4,416 4,071 2,844
Cash paid for taxes 154 217 69
Purchases of property and equipment, accrued but not paid 0 275 640
Rental instruments reclassified from inventory 1,023 801 772
Non-cash inventory exchange for services 0 28 112
Non-cash capital lease 0 0 48
Accrual of offering costs $ 0 $ 0 $ 29