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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (29,713) $ (82,776)
Adjustments to reconcile loss to net cash used in operating activities:    
Depreciation and amortization 53 12
Stock-based compensation 22,729 14,032
Amortization of debt discount and debt issuance costs 1,282 1,687
Amortization of intangible asset 484 484
Changes in assets and liabilities:    
Accounts receivable, net (37,060) (2,330)
Other receivables   (25,654)
Inventory 3,245 (13,413)
Prepaid and other current assets (9,914) 520
Other long-term assets (900)  
Accrued interest payable (145) (371)
Deferred revenue (1,131) 1,902
Accounts payable and other current liabilities 54,962 36,005
Other long-term liabilities (4,322) 7,502
Net cash used in operating activities (430) (62,400)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of furniture, fixtures and equipment (2,114) (53)
Net cash used in investing activities (2,114) (53)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment of transaction costs for conversion of preferred stock   (39)
Proceeds from issuance of common stock under employee stock purchase plan   423
Proceeds from issuance of common stock, net of transaction costs 440,945 70,007
Proceeds from exercise of stock options, net of transaction costs 19,544 16,494
Payment on long-term debt from royalty-bearing instrument (21,441) (10,539)
Taxes paid related to stock-based awards (10,120) (5,638)
Net cash provided by financing activities 428,928 70,708
NET INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH 426,384 8,255
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD 250,727 74,237
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 677,111 82,492
Cash paid during the year for:    
Interest 3,577 16,030
Income taxes 87 $ 825
Supplemental disclosure of non-cash transactions:    
Initial recognition of operating lease right-of-use asset $ 8,995