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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows From Operating Activities:    
Net loss $ (25,260,000) $ (79,678,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 11,507,000 9,742,000
Non-cash interest expense 893,000 798,000
Amortization (accretion) of discounts/premiums on investments, net 337,000 (580,000)
Amortization of debt discount and issuance costs 5,147,000 4,933,000
Provision for Inventory 662,000 (358,000)
Share-based compensation 11,474,000 11,947,000
ESPP expense 390,000 345,000
Change in fair value of contingent consideration 2,363,000 (11,478,000)
Payments related to change in fair value of contingent consideration (8,674,000) (2,767,000)
Write off of IPR&D intangible assets 0 25,500,000
Unrealized foreign currency transaction gain (loss) (222,000) 14,000
Other 496,000 60,000
Changes in operating assets and liabilities:    
Accounts receivable 3,979,000 (2,396,000)
Inventory (875,000) 918,000
Tax receivable (18,714,000) 0
Other current and non-current operating assets (2,508,000) (10,101,000)
Accounts payable and accrued expenses (16,407,000) 6,305,000
Other current and non-current operating liabilities (196,000) 7,195,000
Net cash used in operating activities (35,608,000) (39,601,000)
Cash Flows From Investing Activities:    
Purchase of fixed assets (518,000) (21,000)
Cash paid for intangible assets (8,532,000) (7,347,000)
Proceeds from the sale/maturity of debt securities 153,146,000 115,998,000
Purchase of debt securities (36,743,000) (94,812,000)
Net cash provided by investing activities 107,353,000 13,818,000
Cash Flows From Financing Activities:    
Payment of acquisition-related contingent consideration (6,101,000) (1,722,000)
Payment of guaranteed minimum royalty (1,050,000) (1,034,000)
Proceeds from exercise of stock options 431,000 317,000
Proceeds from issuance of common stock, net of issuance costs 108,644,000 0
Proceeds from issuances under employee stock purchase plan 1,098,000 1,005,000
Net cash provided by (used in) financing activities 103,022,000 (1,434,000)
Effect of exchange rate changes on cash (33,000) 1,000
Net change in cash and cash equivalents 174,734,000 (27,216,000)
Cash and cash equivalents, beginning of year 62,436,000 102,873,000
Cash and cash equivalents, end of period $ 237,170,000 $ 75,657,000