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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 5,865 $ (18,506)
Adjustments to reconcile net income (loss) to net cash flow from operating activities    
Stock-based compensation 40,002 58,307
Depreciation and amortization 5,358 5,167
(Accretion) amortization of note premiums/discounts (82) 329
Non-cash interest expense on liability related to the sale of future royalties 7,906 0
Changes in operating assets and liabilities:    
Accounts receivable (68,024) 8,938
Prepaid expenses and other current assets 20,309 (3,313)
Accounts payable 6,688 1,146
Accrued expenses (27,279) 3,699
Deferred revenue (99,135) (54,926)
Operating lease liabilities 1,205 580
Net cash (used in) provided by operating activities (107,187) 1,421
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (66,225) (10,530)
Purchases of investments (192,528) (148,391)
Proceeds from maturities of investments 141,994 55,781
Net cash used in investing activities (116,759) (103,140)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the exercises of stock options 1,096 3,731
Proceeds from the sale of future royalties 250,000 0
Net cash provided by financing activities 251,096 3,731
Net increase (decrease) in cash, cash equivalents and restricted cash 27,150 (97,988)
Effect of exchange rate on cash, cash equivalents and restricted cash (196) (38)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
BEGINNING OF PERIOD 108,005 184,434
END OF PERIOD 134,959 86,408
Supplementary disclosures:    
Interest paid 0 0
Income taxes (paid) refunded $ 0 $ 0