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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (90,552) $ (77,474)
Stock-based compensation 91,697 42,051
Depreciation and amortization 7,761 5,763
Unrealized (gains) losses on marketable securities 5,755 (1,387)
Amortization/(accretion) of note premiums/discounts 2,013 142
Changes in operating assets and liabilities:    
Accounts receivable 10,016 174
Prepaid expenses and other current assets (8,876) (2,895)
Deferred revenue (87,100) 211,392
Accounts payable (3,563) 3,208
Accrued expenses 1,713 13,682
Other 3,672 685
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (67,464) 195,341
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (20,066) (15,368)
Purchases of investments (223,391) (95,195)
Proceeds from sale of investments 201,595 87,130
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (41,862) (23,433)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the exercises of stock options 4,331 10,490
Proceeds from investment in joint venture 60,000 0
NET CASH PROVIDED BY FINANCING ACTIVITIES 64,331 10,490
NET INCREASE (DECREASE) IN CASH (44,995) 182,398
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 184,434 143,583
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 139,439 $ 325,981