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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net loss $ (288,784) $ (150,134)
Adjustments to reconcile net loss to net cash used in operating activities:    
Acquired in-process research and development 7,000 8,000
Depreciation and amortization expense 4,931 1,479
Stock-based compensation expense 41,909 21,146
Non-cash interest expense 5,672 5,082
Changes in operating assets and liabilities:    
Accounts receivable (16,954) 1,152
Inventories (6,959) (7,275)
Other assets (10,950) (2,112)
Accounts payable (5,146) 5,859
Accrued expenses 19,746 6,506
Deferred revenues (46) 417
Other liabilities 94 (49)
Net cash used in operating activities (249,487) (109,929)
Investing Activities    
Acquisition of product candidate and technology licenses and milestone payments (42,000) (8,000)
Purchase of property and equipment (4,309) (590)
Change in restricted cash (846)  
Net cash used in investing activities, Total (47,155) (8,590)
Net Cash Provided by (Used in) Financing Activities [Abstract]    
Proceeds from sales of common stock, net of issuance costs   204,969
Payments of Stock Issuance Costs 8  
Proceeds from exercise of stock options and Employee Stock Purchase Plan 18,348 3,608
Net cash provided by financing activities 18,340 208,577
Effect of Exchange Rate on Cash and Cash Equivalents 366  
Increase (decrease) in cash and cash equivalents (277,936) 90,058
Cash and cash equivalents at beginning of period 785,877 230,146
Cash and cash equivalents at end of period 507,941 320,204
Non-cash investing and financing activities    
Stock option exercise proceeds receivable as of period end 35 2,875
Leasehold improvement assets funded by lessor 585  
Purchase of property and equipment - cash not paid as of period end 118 139
Supplemental cash flow information    
Cash paid for interest $ 3,019 $ 3,019