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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net loss $ (75,760) $ (108,947)
Adjustments to reconcile net loss to net cash used for operating activities:    
Non-cash royalty revenue related to sale of future royalties (45,159) (32,102)
Non-cash interest expense on liability related to sale of future royalties and convertible senior notes 17,428 11,525
Depreciation and amortization 1,569 3,277
(Gain) loss on sale/disposal of fixed assets and impairment charges (691) 2,544
Operating lease right-of-use asset impairment   694
Stock and deferred share unit compensation 10,454 10,939
Change in operating assets and liabilities:    
Accounts receivable 2,450 1,607
Unbilled revenue/reimbursement 996 (2,392)
Contract asset 3,631 500
Prepaid and other current assets (2,450) (499)
Operating lease right-of-use assets 1,110 994
Other assets (4,786) 296
Accounts payable (1,028) (3,751)
Accrued compensation (4,651) 2,336
Other accrued liabilities 8,829 (6,058)
Deferred revenue 3,094 65,050
Operating lease liability (2,191) (1,823)
Net cash used for operating activities (87,155) (55,810)
Cash flows from investing activities:    
Purchases of property and equipment (815) (2,762)
Proceeds from sale of equipment 1,426  
Net cash provided by (used for) investing activities 611 (2,762)
Cash flows from financing activities:    
Proceeds from issuance of common stock under stock plans 793 811
Proceeds from common stock issuance, net of $230 of transaction costs 97,743  
Net cash provided by financing activities 98,536 811
Net change in cash and cash equivalents 11,992 (57,761)
Cash and cash equivalents, beginning of period 176,225 262,252
Cash and cash equivalents, end of period $ 188,217 $ 204,491