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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net loss $ (53,386) $ (87,197)
Adjustments to reconcile net loss to net cash (used for) provided by operating activities:    
Non-cash royalty revenue related to sale of future royalties (27,072) (18,900)
Non-cash interest expense on liability related to sale of future royalties and convertible senior notes 11,783 7,250
Depreciation and amortization 1,045 2,438
(Gain) loss on sale/disposal of fixed assets and impairment charges (691) 2,404
Operating lease right-of-use asset impairment   559
Stock and deferred share unit compensation 6,576 7,313
Change in operating assets and liabilities:    
Accounts receivable 7,187 1,701
Unbilled revenue/reimbursement 996 (1,857)
Contract asset 2,589 500
Prepaid and other current assets (1,001) (2,187)
Operating lease right-of-use assets 723 664
Other assets (3,807) 1,859
Accounts payable 2,161 (3,199)
Accrued compensation (4,191) 9,238
Other accrued liabilities 2,832 (5,346)
Deferred revenue (817) 65,129
Operating lease liability (1,435) (1,179)
Net cash used for operating activities (56,508) (20,810)
Cash flows from investing activities:    
Purchases of property and equipment (44) (2,355)
Proceeds from sale of equipment 1,426  
Net cash provided by (used for) investing activities 1,382 (2,355)
Cash flows from financing activities:    
Proceeds from issuance of common stock under stock plans 664 738
Proceeds from common stock issuance, net of $230 of transaction costs 97,743  
Net cash provided by financing activities 98,407 738
Net change in cash and cash equivalents 43,281 (22,427)
Cash and cash equivalents, beginning of period 176,225 262,252
Cash and cash equivalents, end of period $ 219,506 $ 239,825