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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net loss $ (82,894) $ (122,581)
Adjustments to reconcile net loss to net cash used for operating activities:    
Non-cash royalty revenue related to sale of future royalties (20,555) (19,508)
Non-cash interest expense on liability related to sale of future royalties and convertible senior notes 10,461 14,946
Non-cash debt conversion expense 22,191  
Depreciation and amortization 4,307 4,468
Loss on sale/disposal of fixed assets and impairment charges 180 975
Stock and deferred share unit compensation 8,458 16,359
Deferred rent 71 168
Change in operating assets and liabilities:    
Accounts receivable (495) 487
Unbilled revenue 4,178 (575)
Inventory (51) (490)
Prepaid and other current assets 641 (863)
Other assets (93) (195)
Accounts payable (993) (2,645)
Accrued compensation 1,579 1,291
Other accrued liabilities 2,781 1,938
Deferred revenue 87,288 (790)
Proceeds from landlord for tenant improvements   185
Net cash provided (used) for operating activities 37,054 (106,830)
Cash flows from investing activities:    
Purchases of property and equipment (847) (6,431)
Net cash used for investing activities (847) (6,431)
Cash flows from financing activities:    
Proceeds from stock options exercised 363 370
Fees for debt conversion (1,683)  
Proceeds from issuance of convertible 4.5% notes, net of $3,392 of transaction costs   96,608
Net cash (used) provided by financing activities (1,320) 96,978
Net change in cash and cash equivalents 34,887 (16,283)
Cash and cash equivalents, beginning balance 159,964 212,283
Cash and cash equivalents, ending balance $ 194,851 $ 196,000