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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS USED IN OPERATING ACTIVITIES:    
Net loss $ (108,278) $ (180,239)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,785 2,005
Amortization of discount on marketable securities, net (246) (199)
Amortization of debt discount and debt issuance costs 11,638 10,174
Impairment loss on operating lease right of use assets 339  
Stock-based compensation 16,911 22,270
(Gain)/Loss on property and equipment disposals 201 0
Changes in operating assets and liabilities:    
Inventory 1,299 (1,180)
Accounts receivable, net (4,770) (8,467)
Prepaid expenses (1,359) (4,922)
Other current assets 344 998
Operating lease right of use assets 1,507  
Other long-term assets 132 210
Accounts payable 382 2,379
Accrued expenses and other current liabilities 6,879 (7,455)
Lease liability, operating leases (1,704)  
Other non-current liabilities (71) (71)
Net cash used in operating activities (75,011) (164,497)
CASH FLOWS PROVIDED BY INVESTING ACTIVITIES:    
Purchases of property and equipment 0 (70)
Purchases of marketable securities (36,589) (499)
Sales and maturities of marketable securities 135,500 97,501
Net cash provided by (used in) investing activities 98,911 96,932
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES:    
Proceeds from exercise of stock options and warrant exercises 3,869 8,953
Proceeds from issuance of shares under employee stock purchase plan 1,840 2,565
Net cash provided by financing activities 5,709 11,518
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 29,609 (56,047)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF YEAR 59,881 118,619
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD 89,490 62,572
SUPPLEMENTAL DISCLOSURES:    
Cash paid for interest 9,150 9,582
Cash paid for income taxes 0 22
Property and equipment purchases in accrued expenses at period end 0 $ 298
Right of use assets obtained in exchange for operating lease liability $ 8,289