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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net loss $ (33,740) $ (22,282)
Adjustments to reconcile net loss to net cash used for operating activities:    
Non-cash royalty revenue related to sale of future royalties (5,684)  
Non-cash interest expense on liability related to sale of future royalties 5,143  
Depreciation and amortization 1,127 1,389
Gain on sale/disposal of fixed assets (6)  
Stock and deferred share unit compensation 5,783 5,410
Deferred rent 29 92
Change in operating assets and liabilities:    
Accounts receivable (1,724) 58
Unbilled revenue (185) 545
Inventory 1,689 835
Prepaid and other current assets 95 525
Other assets 62 105
Accounts payable 1,551 138
Accrued compensation (5,084) (3,153)
Other accrued liabilities (871) 29
Deferred revenue 464 (2,983)
Proceeds from landlord for tenant improvements   393
Net cash used for operating activities (31,351) (18,899)
Cash flows from investing activities:    
Purchases of property and equipment (3,377) (1,708)
Net cash used for investing activities (3,377) (1,708)
Cash flows from financing activities:    
Proceeds from stock options exercised 4,462 144
Net cash provided by financing activities 4,462 144
Net change in cash and cash equivalents (30,266) (20,463)
Cash and cash equivalents, beginning balance 278,109 142,261
Cash and cash equivalents, ending balance $ 247,843 $ 121,798