Dec'11 | Dec'10 | Dec'09 | |||
---|---|---|---|---|---|
Net loss | |||||
-72,348 | -57,687 | -35,949 | |||
Depreciation and amortization | |||||
11,715 | 8,018 | 5,240 | |||
Amortization of debt issuance costs | |||||
- | 410 | 259 | |||
Write-down of inventory | |||||
933 | 148 | - | |||
Issuance of common stock to founders | |||||
- | 1,840 | - | |||
Change in fair value of warrant liability | |||||
-361 | -7,211 | 1,088 | |||
Stock-based compensation | |||||
4,324 | 1,751 | 1,410 | |||
Noncash interest expense related to notes payable | |||||
670 | 1,485 | 2,113 | |||
Other | |||||
84 | 109 | 31 | |||
Accounts receivable | |||||
1,589 | 3,655 | 1,288 | |||
Inventory | |||||
1,074 | 3,774 | 354 | |||
Prepaid expenses | |||||
40 | -4,055 | 4,688 | |||
Other current assets | |||||
263 | -119 | -110 | |||
Other assets | |||||
437 | 53 | 143 | |||
Accounts payable | |||||
1,226 | 481 | 1,078 | |||
Accrued liabilities | |||||
2,417 | 788 | 288 | |||
Deferred revenue | |||||
4,287 | 4,437 | 1,302 | |||
Deferred rent | |||||
-777 | -701 | 5,017 | |||
Net cash used in operating activities | |||||
-50,511 | -35,018 | -26,662 | |||
Purchase of available-for-sale securities | |||||
52,653 | - | - | |||
Proceeds from maturities of available-for-sale securities | |||||
46,653 | - | - | |||
Purchase of property and equipment | |||||
20,395 | 18,802 | 9,654 | |||
Increase in restricted cash | |||||
500 | - | - | |||
Purchase of patent | |||||
250 | - | - | |||
Net cash used in investing activities | |||||
-27,145 | -18,802 | -9,654 | |||
Proceeds from promissory notes | |||||
- | 22,243 | 14,725 | |||
Proceeds from notes payable | |||||
20,000 | 14,000 | - | |||
Repayment of notes payable | |||||
9,560 | 8,643 | 3,990 | |||
Proceeds from issuance of convertible preferred stock, net of issuance costs | |||||
- | 39,402 | 27,156 | |||
Proceeds from issuance of common stock, net of costs | |||||
73,932 | 47,175 | - | |||
Proceeds from issuance of common stock under equity incentive plans | |||||
1,440 | 796 | 4 | |||
Net cash provided by financing activities | |||||
85,812 | 114,973 | 37,895 | |||
Net decrease in cash and cash equivalents | |||||
8,156 | 61,153 | 1,579 | |||
Cash paid for interest | |||||
2,191 | 1,198 | 1,068 | |||
Issuance of warrants for convertible preferred stock in connection with promissory notes | |||||
- | - | 1,541 | |||
Issuance of warrants for common stock in connection with convertible preferred stock financings | |||||
- | 2,020 | 1,999 | |||
Conversion of promissory notes and interest into convertible preferred stock | |||||
- | 15,403 | 15,054 | |||
Acquisition of property and equipment under accounts payable | |||||
1,071 | 1,696 | 2,458 | |||
Issuance of warrants for common stock in connection with notes payable | |||||
987 | 5,671 | - | |||
Issuance of purchase rights for Series E convertible preferred stock | |||||
- | 2,666 | - | |||
Reclassification of purchase right liability to preferred stock upon exercise | |||||
- | 9,153 | - | |||
Conversion of preferred stock into common stock upon initial public offering | |||||
- | 147,765 | - | |||
Deemed dividend related to the beneficial conversion feature of Series E convertible preferred stock | |||||
- | 405 | - |