| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | ||
|---|---|---|---|---|---|---|
Operating activities | ||||||
Net loss | ||||||
-31,403 | -20,611 | -13,950 | -15,659 | -18,386 | ||
Adjustments to reconcile net loss to net cash (used in) provided by operating activities: | ||||||
Depreciation expense | ||||||
1,554 | 1,654 | 1,635 | 1,447 | 1,364 | ||
Noncash lease expense | ||||||
631 | - | - | - | - | ||
Share-based compensation expense | ||||||
4,675 | 3,411 | 3,335 | 3,332 | 3,046 | ||
Intangible assets amortization | ||||||
424 | 428 | 428 | 423 | 419 | ||
Investment amortization | ||||||
556 | 930 | 1,637 | 1,278 | 618 | ||
Fair value adjustment of convertible preferred stock warrant | ||||||
- | 0 | 0 | 2,248 | 18 | ||
Benefit from income tax | ||||||
-300 | - | - | - | - | ||
Other | ||||||
-114 | - | - | - | - | ||
Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | ||||||
-3,278 | 3,419 | 1,953 | 3,186 | -741 | ||
Inventory | ||||||
1,449 | 402 | 663 | 149 | 17 | ||
Prepaid expenses and other current assets | ||||||
-3,526 | 1,736 | 5,957 | -2,849 | 3,732 | ||
Accounts payable and accrued liabilities | ||||||
-4,603 | 3,018 | 1,817 | 1,691 | -377 | ||
Deferred rent | ||||||
- | 706 | -148 | -245 | -235 | ||
Operating lease liabilities | ||||||
-333 | - | - | - | - | ||
Deferred revenue | ||||||
-6,926 | -9,282 | -12,505 | -7,366 | 296,080 | ||
Other | ||||||
215 | - | - | - | - | ||
Net cash (used in) provided by operating activities | ||||||
-31,606 | -26,791 | -30,138 | -15,970 | 278,303 | ||
Investing activities | ||||||
Purchases of property and equipment | ||||||
2,963 | 2,416 | 3,430 | 1,523 | 3,831 | ||
Purchases of marketable securities | ||||||
107,747 | 112,124 | 413,422 | 87,811 | 270,860 | ||
Proceeds from sales and maturities of marketable securities | ||||||
253,469 | 161,220 | 156,000 | 43,985 | 52,515 | ||
Net cash provided by (used in) investing activities | ||||||
142,759 | 46,680 | -260,852 | -45,349 | -222,176 | ||
Financing activities | ||||||
Proceeds from exercise of stock options | ||||||
5,000 | 1,748 | 318 | 1,859 | 130 | ||
Other | ||||||
- | -2 | -1 | -3 | -6 | ||
Net cash provided by financing activities | ||||||
4,959 | 1,746 | 319,550 | -1,504 | 124 | ||
Net increase in cash, cash equivalents and restricted cash | ||||||
116,112 | 21,635 | 28,560 | -62,823 | 56,251 | ||
Noncash investing and financing activities | ||||||
Purchases of equipment included in accounts payable and accrued liabilities | ||||||
627 | 275 | -992 | 1,067 | 423 | ||
Deferred offering costs included in accounts payable and accrued expenses | ||||||
- | - | - | -392 | 1,825 | ||
Derecognition of lease financing arrangements upon adoption of guidance on accounting for leases | ||||||
36,607 | - | - | - | - | ||