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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS USED IN OPERATING ACTIVITIES:    
Net loss $ (180,239) $ (183,220)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,005 1,385
Amortization of discount on marketable securities, net (199) (100)
Amortization of debt discount and debt issuance costs 10,174 1,568
Stock-based compensation 22,270 28,785
Changes in operating assets and liabilities:    
Inventory (1,180) (3,074)
Accounts receivable, net (8,467) (11,682)
Other current assets (4,922) (5,493)
Increase (Decrease) in Other Current Assets (998) 0
Other long-term assets 210 (7)
Accounts payable 2,379 (2,414)
Accrued expenses and other current liabilities (7,455) 7,327
Other non-current liabilities (71) (166)
Net cash used in operating activities (164,497) (167,091)
CASH FLOWS PROVIDED BY INVESTING ACTIVITIES:    
Purchases of property and equipment (70) (2,950)
Payments for capitalized milestones 0 (8,712)
Purchases of marketable securities (499) (117,441)
Sales and maturities of marketable securities 97,501 170,208
Net cash provided by investing activities 96,932 41,105
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES:    
Proceeds from exercise of stock options and warrant exercises 8,953 16,167
Proceeds from issuance of convertible debt 0 305,000
Payment of debt issuance costs 0 (9,360)
Proceeds from issuance of shares under employee stock purchase plan 2,565 2,550
Net cash provided by financing activities 11,518 314,357
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (56,047) 188,371
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF YEAR 118,619 258,614
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD 62,572 446,985
SUPPLEMENTAL DISCLOSURES:    
Cash paid for income taxes 22 26
Property and equipment purchases in accrued expenses at period end $ 298 $ 487