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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Net loss $ (114,880) $ (89,943)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation expense 9,409 4,734
Noncash lease expense 3,597 3,489
Share-based compensation expense 27,041 19,733
Intangible assets amortization 842 842
Investment amortization 1,414 4,174
Research and development inventory reserve 2,769  
Other (19) (7)
Changes in operating assets and liabilities    
Accounts receivable, net (6,303) (4,127)
Inventory (2,284) (4,549)
Prepaid expenses and other current assets 644 1,995
Accounts payable and accrued liabilities (8,956) (2,476)
Operating lease right-of-use assets and liabilities (715) 4,539
Deferred revenue (24,174) (33,742)
Other 97 (120)
Net cash used in operating activities (111,518) (95,458)
Investing activities    
Purchases of property and equipment (8,375) (37,882)
Purchases of marketable securities (85,191) (96,352)
Proceeds from maturities of marketable securities 136,000 269,500
Net cash provided by investing activities 42,434 135,266
Financing activities    
Proceeds from exercise of stock options 6,739 20,513
Proceeds from initial capital contributions for Digital Biotechnologies, Inc.   429
Net cash provided by financing activities 6,739 20,942
Net (decrease) increase in cash, cash equivalents and restricted cash (62,345) 60,750
Cash, cash equivalents and restricted cash at beginning of year 141,203 125,574
Cash, cash equivalents and restricted cash at end of period 78,858 186,324
Noncash investing activities    
Purchases of equipment included in accounts payable and accrued liabilities $ 3,286 $ 7,067