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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (558,782) $ (476,487)
Adjustments to reconcile net loss to net cash used in operating activities:    
Non-cash share-based compensation expense 122,094 74,312
Interest expense on mandatorily redeemable preferred shares 0 15,985
Interest expense on liability related to sale of future royalties 35,359 28,007
Deferred interest paid-in-kind on long-term debt 13,037 5,649
Acquisition of IPR&D asset 93,747 0
Issuance of common shares as payment for license agreement 1,779 4,243
Change in fair value of derivatives 107,593 1,700
Gain from equity method investment 0 (5,261)
Depreciation and amortization 9,783 11,278
Change in obligation to perform R&D services (12,326) (10,205)
Other non-cash items 373 2,993
Changes in operating assets and liabilities:    
Trade receivable, net (44,180) (48,526)
Inventory (29,088) (19,046)
Prepaid expenses, other current assets, and other assets (35,273) (58,173)
Accounts payable 12,466 5,085
Accrued expenses, other current liabilities, and other liabilities 125,738 35,730
Net cash used in operating activities (157,680) (432,716)
Cash flows from investing activities:    
Purchases of marketable securities (246,816) 0
Sales of marketable securities 54,015 113,441
Maturities of marketable securities 62,893 48,852
Purchases of property and equipment (2,393) (1,657)
Payment for intangible asset (20,000) 0
Payment for IPR&D asset acquisition (35,000) 0
Net cash (used in) provided by investing activities (187,301) 160,636
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 125,000 0
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 29,158 35,170
Proceeds from exercise of share options 9,983 8,643
Payments for term loan, finance leases, and other (6,224) (6,369)
Net cash provided by financing activities 409,917 446,187
Effect of exchange rate changes on cash, cash equivalents and restricted cash (2,722) (189)
Net increase in cash, cash equivalents and restricted cash 62,214 173,918
Cash, cash equivalents and restricted cash at beginning of period 174,343 134,231
Cash, cash equivalents and restricted cash at end of period $ 236,557 $ 308,149