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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating activities    
Net loss $ (145,941) $ (101,657)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 7,834 4,845
Noncash lease expense 5,259 2,217
Share-based compensation expense 31,376 17,518
Intangible assets amortization 1,270 1,275
Investment amortization 5,956 (484)
Benefit from income tax   (1,116)
Other (9) 62
Changes in operating assets and liabilities:    
Accounts receivable, net (7,075) 802
Inventory (4,168) (1,667)
Prepaid expenses and other current assets (2,239) (3,886)
Accounts payable and accrued liabilities 5,518 30
Operating lease liabilities 9,935 (282)
Deferred revenue (46,345) (27,281)
Other (272) (215)
Net cash used in operating activities (138,901) (109,839)
Investing activities    
Purchases of property and equipment (52,501) (9,433)
Purchases of marketable securities (238,001) (299,786)
Proceeds from sales and maturities of marketable securities 404,500 532,224
Net cash provided by investing activities 113,998 223,005
Financing activities    
Proceeds from exercise of stock options 23,439 15,495
Proceeds from public offering of common stock, net of underwriting discounts and commissions   272,160
Payment of public offering costs, net   (321)
Proceeds from initial capital contributions for Spin Technologies, Inc. 429  
Net cash provided by financing activities 23,868 287,334
Net (decrease) increase in cash, cash equivalents and restricted cash (1,035) 400,500
Cash, cash equivalents and restricted cash at beginning of year 125,574 98,714
Cash, cash equivalents and restricted cash at end of period 124,539 499,214
Noncash investing and financing activities    
Purchases of equipment included in accounts payable and accrued liabilities $ 8,133 3,582
Derecognition of lease financing arrangements upon adoption of guidance on accounting for leases   $ 36,607