XML 19 R6.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (41,811) $ (62,872)
Adjustments to reconcile net loss to net cash flow from operating activities    
Stock-based compensation 19,390 24,504
Depreciation and amortization 2,689 2,573
Amortization (accretion) of note premiums/discounts 690 (280)
Non-cash interest expense on liability related to the sale of future royalties 2,849 0
Changes in operating assets and liabilities:    
Accounts receivable (38,157) 10,105
Prepaid expenses and other current assets 10,529 (450)
Accounts payable (2,072) (5,389)
Accrued expenses (7,203) (2,290)
Deferred revenue (22,979) (27,439)
Operating lease liabilities 559 230
Net cash used in operating activities (75,516) (61,308)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (38,911) (5,778)
Purchases of investments (111,199) (65,875)
Proceeds from sales and maturities of investments 69,416 38,268
Net cash used in investing activities (80,694) (33,385)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the exercises of stock options 576 1,885
Proceeds from the sale of future royalties 250,000 0
Net cash provided by financing activities 250,576 1,885
Net increase (decrease) in cash, cash equivalents and restricted cash 94,366 (92,808)
Effect of exchange rate on cash, cash equivalents and restricted cash (122) (39)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
BEGINNING OF PERIOD 108,005 184,434
END OF PERIOD 202,249 91,587
Supplementary disclosures:    
Interest paid 0 0
Income taxes (paid) refunded $ 0 $ 0