XML 29 R7.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities      
Net loss $ (139,931) $ (107,669) $ (71,236)
Adjustments to reconcile net loss to net cash used in operating activities      
Depreciation and amortization 6,677 6,111 5,727
Non-cash lease expense (1,043)    
Loss on disposal of property and equipment   189 55
Stock-based compensation 17,096 11,170 2,961
Discount accretion on investment securities (214) (1,249)  
Non-cash interest expense 152 233 254
Change in fair value of redeemable convertible preferred stock warrant liability     (13)
Amortization of debt discount 184 282 308
Changes in assets and liabilities:      
Accounts receivable, net (14,272) (6,685) (3,073)
Inventories (4,956) (1,302) (4,202)
Prepaid expenses and other current assets (3,683) 746 (1,760)
Other non-current assets (554) (2,064) (812)
Accounts payable (5,506) 3,278 3,759
Accrued expenses (2,648) 4,210 (114)
Accrued Compensation 4,465 5,060 1,932
Other liabilities 1,978 (247) 50
Net cash used in operating activities (142,255) (87,937) (66,164)
Cash flows from investing activities      
Purchases of property and equipment (9,868) (14,757) (3,688)
Proceeds from sale of property and equipment   21 17
Purchases of investments (202,882) (177,574) (3,523)
Maturity of investments 98,100 87,500 34,500
Net cash provided by (used in) investing activities (114,650) (104,810) 27,306
Cash flows from financing activities      
Proceeds from exercise of stock options 10,495 2,170 331
Proceeds from public offerings, net of underwriting discounts, commissions and offering expenses 295,563 156,208  
Proceeds from issuance of Series D redeemable convertible preferred stock, net of issuance costs     90,850
Proceeds from issuance under employee stock purchase plan 3,428 2,700  
Payments of deferred offering costs     (2,359)
Repayments of long-term debt (3,333) (2,500)  
Repurchases of common stock for income tax withholding (2,421)    
Net cash provided by financing activities 303,732 158,578 88,822
Effect of exchange rates on cash, cash equivalents and restricted cash 21 30  
Net increase (decrease) in cash, cash equivalents and restricted cash 46,848 (34,139) 49,964
Cash, cash equivalents, and restricted cash at beginning of year 47,398 81,537 31,573
Cash, cash equivalents, and restricted cash at end of year 94,246 47,398 81,537
Supplemental disclosure of cash flow information      
Interest paid 438 779 751
Income taxes paid, net of refunds 172 291 179
Non-cash investing and financing activities      
Property and equipment additions included in accrued expenses and accounts payable 1,333 170 344
Operating lease right-of-use assets obtained in exchange for operating lease liabilities $ 3,718    
Deferred offering costs included in accounts payable and accrued expenses     $ 1,308
Conversion of redeemable convertible preferred stock warrant liability to equity   631  
Conversion of redeemable convertible preferred stock to common stock   $ 290,462