XML 39 R9.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities      
Net loss $ (208,726) $ (204,618) $ (217,863)
Adjustments to reconcile net loss to net cash used in operating activities      
Depreciation and amortization 31,432 29,310 16,514
Impairment of long-lived assets 44,930 6,785 0
Non-cash lease expense, net of tenant improvement allowance 940 2,573 20,127
Stock-based compensation 50,925 30,278 79,664
Change in fair value of contingent considerations and holdbacks 0 (5,913) (14,245)
Gain on deconsolidation of Revelar 0 0 (4,607)
Other non-cash adjustments 994 120 1,381
Changes in assets and liabilities:      
Accounts receivable, net 8,444 (4,320) (9,622)
Inventories 7,986 7,238 (7,536)
Prepaid expenses and other current assets 382 (4,166) (2,551)
Other non-current assets 431 1,376 7,273
Accounts payable (11,805) (2,508) 7,383
Accrued expenses 4,415 2,578 2,269
Accrued compensation 7,875 (1,099) 4,852
Other liabilities (2,317) (108) (7,424)
Net cash used in operating activities (64,094) (142,474) (124,385)
Cash flows from investing activities      
Purchases of property and equipment (5,076) (27,779) (101,857)
Business acquisition, net of cash acquired 0 0 (8,160)
Deconsolidation of cash and cash equivalent relating to Revelar 0 0 (5,755)
Purchases of investments (51,905) (76,345) (217,639)
Proceeds from maturity of investments 53,910 154,736 100,481
Net cash provided by (used in) investing activities (3,071) 50,612 (232,930)
Cash flows from financing activities      
Proceeds from exercise of stock options 7,100 1,379 6,014
Proceeds from public offerings, net of underwriting discounts, commissions and offering expenses 0 0 269,822
Proceeds from issuance under employee stock purchase plan 3,765 3,937 4,010
Repayments of long-term debt 0 0 (1,558)
Repurchases of common stock for income tax withholding (3,975) (4,405) (7,754)
Net cash provided by financing activities 6,890 911 270,534
Effect of exchange rates on cash, cash equivalents and restricted cash 126 (27) (319)
Net increase (decrease) in cash, cash equivalents and restricted cash (60,149) (90,978) (87,100)
Cash, cash equivalents, and restricted cash at beginning of year 289,281 380,259 467,359
Cash, cash equivalents, and restricted cash at end of year 229,132 289,281 380,259
Supplemental disclosure of cash flow information      
Interest paid 0 0 9
Income taxes paid, net of refunds 344 420 246
Non-cash investing and financing activities      
Property and equipment additions included in accrued expenses and accounts payable 92 772 6,297
Operating lease right-of-use assets obtained in exchange for operating lease liabilities 0 6,676 21,367
Issuance of common stock in connection with the business acquisition 0 5,860 77,122
Tenant improvement allowance capitalized in property and equipment 2,719 0 0
Conversion of convertible notes $ 0 $ 3,711 $ 0