| Dec'19 | Dec'18 | Dec'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||
Net loss | |||||||||
-104,100 | -168,843 | -96,012 | -144,817 | -60,739 | -71,364 | -72,811 | -73,319 | -58,274 | -50,912 |
Adjustments to reconcile net loss to net cash (used for) provided by operating activities: | |||||||||
Non-cash royalty revenue related to sale of future royalties | |||||||||
47,415 | 32,154 | 28,142 | 25,299 | 5,484 | - | - | - | - | - |
Non-cash interest expense on liability related to sale of future royalties and convertible senior notes | |||||||||
16,879 | 10,631 | 13,682 | 20,130 | 5,437 | - | - | - | - | - |
Non-cash debt conversion expense | |||||||||
- | - | 22,915 | - | - | - | - | - | - | - |
Depreciation and amortization | |||||||||
4,000 | 7,400 | 6,000 | 5,327 | 5,513 | 4,598 | 4,641 | 4,633 | 4,937 | 4,838 |
(Gain) loss on sale/disposal of fixed assets and impairment charges | |||||||||
-1,689 | -115 | -239 | 21 | -7 | -20 | 21 | -51 | -9 | -41 |
Operating lease right-of-use asset impairment | |||||||||
694 | - | - | - | - | - | - | - | - | - |
Gain on sale of marketable securities | |||||||||
- | - | - | - | - | - | - | - | 341 | - |
Amortization of deferred lease incentive obligation | |||||||||
- | - | - | - | - | - | - | - | - | -979 |
Gain on forward contracts | |||||||||
- | - | - | - | - | 2 | 197 | -173 | 189 | -219 |
Non-cash licensing fee | |||||||||
- | - | - | - | - | 12,830 | - | - | - | - |
Stock and deferred share unit compensation | |||||||||
14,167 | 16,807 | 11,325 | 22,248 | 15,715 | 16,080 | 12,751 | 10,252 | 5,778 | 4,640 |
Deferred rent | |||||||||
- | 95 | -91 | -161 | -195 | -297 | 109 | 109 | 4 | -55 |
Change in operating assets and liabilities: | |||||||||
Accounts receivable | |||||||||
5,799 | -948 | 623 | -4,205 | 3,192 | 1,896 | -129 | -4,539 | 2,873 | 49 |
Unbilled revenue/reimbursement | |||||||||
384 | -1,963 | -4,198 | 695 | -615 | -792 | 925 | -292 | -107 | 1,034 |
Inventory | |||||||||
- | -1,038 | -1,154 | -2,028 | -15 | 2,247 | -585 | 808 | -762 | -594 |
Contract asset | |||||||||
3,131 | 500 | - | - | - | - | - | - | - | - |
Prepaid and other current assets | |||||||||
963 | 1,495 | -2,419 | 706 | 1,855 | -571 | 181 | -253 | 1,038 | 386 |
Operating lease right-of-use assets | |||||||||
1,331 | - | - | - | - | - | - | - | - | - |
Restricted cash | |||||||||
- | - | - | - | - | -2,231 | -319 | -1,018 | -574 | -366 |
Other assets | |||||||||
75 | -88 | 777 | 2,456 | 761 | -4 | 43 | 16 | -38 | 171 |
Accounts payable | |||||||||
-1,045 | 2,667 | 771 | 2,649 | 3,319 | 321 | 1,103 | 182 | 149 | 1,820 |
Accrued compensation | |||||||||
-2,189 | 323 | 4,527 | 2,378 | 1,481 | 712 | 1,211 | 219 | 522 | 61 |
Other accrued liabilities | |||||||||
-6,146 | 3,839 | 4,375 | -1,434 | 3,248 | -394 | 481 | 133 | -375 | 1,393 |
Deferred revenue | |||||||||
46,630 | -9,165 | 61,540 | -8,318 | -20,155 | -16,675 | -7,232 | 18,219 | 42,229 | -1,080 |
Operating lease liability | |||||||||
-2,505 | - | - | - | - | - | - | - | - | - |
Proceeds from landlord for tenant improvements | |||||||||
- | - | - | -144 | -1,350 | -472 | - | - | - | - |
Net cash (used for) provided by operating activities | |||||||||
-88,367 | -166,422 | 7,645 | -124,476 | -55,291 | -53,650 | -60,299 | -34,288 | -7,989 | -40,584 |
Proceeds from maturities or sales of marketable securities | |||||||||
- | - | - | - | - | - | - | - | 1,201 | 834 |
Purchases of property and equipment | |||||||||
2,845 | 5,246 | 1,116 | 10,376 | 7,425 | 8,184 | 3,770 | 2,908 | 2,029 | 1,534 |
Proceeds from sale of equipment | |||||||||
2,312 | - | - | - | - | - | - | - | - | - |
Net cash provided by (used for) investing activities | |||||||||
-533 | -5,246 | -1,116 | -10,376 | -7,425 | -8,185 | -3,696 | -2,968 | -660 | -882 |
Cash flows from financing activities: | |||||||||
Payments from settlement of forward contracts | |||||||||
- | - | - | - | - | 1 | -74 | 60 | -168 | 182 |
Proceeds from issuance of common stock under stock plans | |||||||||
2,873 | 4,301 | 650 | 5,161 | 4,429 | 9,136 | 4,026 | 6,988 | 2,719 | 3,462 |
Proceeds from common stock issuance, net of $229 of transaction costs | |||||||||
- | 162,512 | 101,663 | - | - | - | 93,991 | - | 87,980 | 77,521 |
Proceeds from Royalties Received | |||||||||
- | - | - | - | 194,135 | - | - | - | - | - |
Fees for debt conversion | |||||||||
- | - | 1,699 | - | - | - | - | - | - | - |
Proceeds from issuance of convertible 4.5% notes, net of $3,392 of transaction costs | |||||||||
- | - | - | 96,608 | - | - | - | - | - | - |
Net cash provided by financing activities | |||||||||
2,873 | 166,813 | 100,614 | 101,769 | 198,564 | 9,136 | 98,017 | 6,988 | 90,699 | 80,983 |
Net change in cash and cash equivalents | |||||||||
-86,027 | -4,855 | 107,143 | - | - | - | - | - | - | - |
Net change in cash and cash equivalents | |||||||||
- | - | - | -33,083 | 135,848 | -52,699 | 34,022 | -30,268 | 82,050 | 39,517 |
Supplemental cash flow information: | |||||||||
Cash paid during the year for interest | |||||||||
95 | 95 | 4,685 | - | - | - | - | - | - | - |