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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities    
Net loss $ (40,642) $ (31,403)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 2,252 1,554
Noncash lease expense 1,732 631
Share-based compensation expense 8,484 4,675
Intangible assets amortization 419 424
Investment amortization 2,108 (556)
Benefit from income tax   (323)
Other (9) 114
Changes in operating assets and liabilities:    
Accounts receivable, net (9,707) 3,278
Inventory (3,359) (1,449)
Prepaid expenses and other current assets 1,273 3,526
Accounts payable and accrued liabilities (7,257) (4,603)
Operating lease liabilities 813 (333)
Deferred revenue (14,233) (6,926)
Other (119) (215)
Net cash used in operating activities (58,245) (31,606)
Investing activities    
Purchases of property and equipment (15,841) (2,963)
Purchases of marketable securities (15,340) (107,747)
Proceeds from sales and maturities of marketable securities 125,000 253,469
Net cash provided by investing activities 93,819 142,759
Financing activities    
Proceeds from exercise of stock options 14,185 4,959
Proceeds from initial capital contributions for Spin Technologies, Inc. 429  
Net cash provided by financing activities 14,614 4,959
Net increase in cash, cash equivalents and restricted cash 50,188 116,112
Cash, cash equivalents and restricted cash at beginning of year 125,574 98,714
Cash, cash equivalents and restricted cash at end of period 175,762 214,826
Noncash investing and financing activities    
Purchases of equipment included in accounts payable and accrued liabilities $ 7,698 627
Derecognition of lease financing arrangements upon adoption of guidance on accounting for leases   $ 36,607