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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net loss $ (116,897) $ (265,328)
Adjustments to reconcile net loss to net cash used in operating activities:    
Non-cash share-based compensation expense 81,828 48,726
Interest expense on mandatorily redeemable preferred shares 7,917 7,943
Interest expense on liability related to sale of future royalties 17,314 13,508
Deferred interest paid-in-kind on long-term debt 6,450 2,795
Issuance of common shares as payment for license agreement 1,779 4,243
Change in fair value of derivatives (3,604) 210
Gain from equity method investment 0 (5,261)
Depreciation and amortization 4,402 5,054
Change in obligation to perform R&D services (6,942) 0
Other non-cash items (646) 461
Changes in operating assets and liabilities:    
Trade receivable, net (20,073) (36,658)
Inventory (23,397) (17,566)
Prepaid expenses, other current assets, and other assets (24,954) (25,619)
Accounts payable 4,518 13,903
Accrued expenses, other current liabilities, and other liabilities 48,661 47,915
Net cash used in operating activities (23,644) (205,674)
Cash flows from investing activities:    
Purchases of marketable securities (246,816) 0
Sales of marketable securities 0 113,441
Maturities of marketable securities 3,058 7,515
Purchases of property and equipment (512) (1,187)
Net cash (used in) provided by investing activities (244,270) 119,769
Cash flows from financing activities:    
Proceeds from issuance of common shares 252,000 308,743
Proceeds from obligation to perform R&D services 0 100,000
Proceeds from the issuance of series B preferred shares 14,579 17,585
Proceeds from exercise of share options 2,803 1,382
Payments for term loan, finance leases, and other (1,391) (6,695)
Net cash provided by financing activities 267,991 421,015
Effect of exchange rate changes on cash, cash equivalents and restricted cash (46) 14
Net increase in cash, cash equivalents and restricted cash 31 335,124
Cash, cash equivalents and restricted cash at beginning of period 174,343 134,231
Cash, cash equivalents and restricted cash at end of period $ 174,374 $ 469,355