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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss including noncontrolling interest $ (209,275,000) $ (176,494,000) $ (140,848,000)
Adjustments to reconcile net loss to net cash flow from operating activities:      
Stock-based compensation 78,130,000 120,893,000 76,673,000
Depreciation and amortization 12,493,000 10,421,000 8,267,000
(Accretion) amortization of note premiums/discounts (2,017,000) 2,910,000 266,000
Non-cash interest expense on liability related to the sale of future royalties 18,326,000 0 0
Net loss (gain) from investments 0 4,432,000 (1,708,000)
Changes in operating assets and liabilities:      
Accounts receivable 1,410,000 8,845,000 (9,409,000)
Prepaid expenses and other current assets 11,603,000 (19,291,000) (360,000)
Accounts payable 32,998,000 (6,589,000) 2,628,000
Accrued expenses (14,965,000) 17,750,000 9,522,000
Deferred revenue (129,183,000) (112,501,000) 223,258,000
Operating lease, net 46,590,000 13,428,000 3,192,000
Other 0 65,000 (169,000)
Net cash provided by (used in) operating activities (153,890,000) (136,131,000) 171,312,000
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property and equipment (176,737,000) (52,777,000) (23,567,000)
Purchases of investments (246,141,000) (223,391,000) (240,703,000)
Proceeds from sales and maturities of investments 326,723,000 270,751,000 122,592,000
Net cash used in investing activities (96,155,000) (5,417,000) (141,678,000)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from the exercises of stock options 3,053,000 5,186,000 11,305,000
Proceeds from the sale of future royalties 250,000,000 0 0
Proceeds from investment in joint venture 0 60,000,000 0
Net cash provided by financing activities 253,053,000 65,186,000 11,305,000
Net increase (decrease) in cash, cash equivalents and restricted cash 3,008,000 (76,362,000) 40,939,000
Effect of exchange rate on cash, cash equivalents and restricted cash (122,000) (67,000) (88,000)
BEGINNING OR PERIOD 108,005,000 184,434,000 143,583,000
END OF PERIOD 110,891,000 108,005,000 184,434,000
Supplementary disclosures:      
Interest paid 0 0 0
Income Taxes Paid $ 0 $ (2,000) $ (2,000)