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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net loss $ (26,212) $ (77,850)
Adjustments to reconcile net loss to net cash used for operating activities:    
Non-cash royalty revenue related to sale of future royalties (14,052) (13,324)
Non-cash interest expense on liability related to sale of future royalties and convertible senior notes 7,076 9,928
Depreciation and amortization 2,934 2,940
Loss on sale/disposal of fixed assets and impairment charges 180 5
Stock and deferred share unit compensation 5,801 11,862
Deferred rent 49 105
Change in operating assets and liabilities:    
Accounts receivable 1,002 (80)
Unbilled revenue 4,971 (524)
Inventory (1,290) 630
Prepaid and other current assets 628 1,737
Other assets (128) (487)
Accounts payable (2,394) (525)
Accrued compensation 266 5,269
Other accrued liabilities 802 1,900
Deferred revenue 11,487 (716)
Proceeds from landlord for tenant improvements   144
Net cash used for operating activities (8,880) (58,986)
Cash flows from investing activities:    
Purchases of property and equipment (779) (5,249)
Net cash used for investing activities (779) (5,249)
Cash flows from financing activities:    
Proceeds from stock options exercised 32 370
Proceeds from issuance of convertible 4.5% notes, net of $3,392 of transaction costs   96,608
Net cash provided by financing activities 32 96,978
Net change in cash and cash equivalents (9,627) 32,743
Cash and cash equivalents, beginning balance 159,964 212,283
Cash and cash equivalents, ending balance $ 150,337 $ 245,026