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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net loss $ (29,088) $ (43,751)
Adjustments to reconcile net loss to net cash (used for) provided by operating activities:    
Non-cash royalty revenue related to sale of future royalties (12,997) (8,488)
Non-cash interest expense on liability related to sale of future royalties and convertible senior notes 5,702 3,432
Depreciation and amortization 529 1,200
(Gain) loss on sale/disposal of fixed assets and impairment charges (709) 444
Stock and deferred share unit compensation 3,122 5,107
Change in operating assets and liabilities:    
Accounts receivable 7,446 1,468
Unbilled revenue/reimbursement (752) (3,365)
Contract asset 2,641 500
Prepaid and other current assets (2,228) (2,248)
Operating lease right-of-use assets 353 348
Other assets (3,047) 44
Accounts payable (649) (2,698)
Accrued compensation (3,267) (7,373)
Other accrued liabilities 5,253 931
Deferred revenue 78 65,208
Operating lease liability (702) (556)
Net cash (used for) provided by operating activities (28,315) 10,203
Cash flows from investing activities:    
Purchases of property and equipment (21) (2,127)
Proceeds from sale of equipment 1,426  
Net cash provided by (used for) investing activities 1,405 (2,127)
Cash flows from financing activities:    
Proceeds from issuance of common stock under stock plans 240 68
Proceeds from common stock issuance, net of $229 of transaction costs 97,744  
Net cash provided by financing activities 97,984 68
Net change in cash and cash equivalents 71,074 8,144
Cash and cash equivalents, beginning of period 176,225 262,252
Cash and cash equivalents, end of period $ 247,299 $ 270,396