| Dec'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||
-357,319 | -273,887 | -153,266 | -59,136 | -48,123 | -35,531 | -11,486 | 1,264 | -14,412 | 36,996 |
Adjustments to reconcile net loss to net cash used in operating activities: | |||||||||
Changes in fair value of warrant liabilities | |||||||||
0 | 108,636 | 61,074 | 0 | - | - | - | - | - | - |
Warrant related expense | |||||||||
0 | 0 | 7,649 | 0 | - | - | - | - | - | - |
Depreciation and amortization | |||||||||
3,800 | 1,300 | 900 | 738 | 578 | 569 | 1,036 | 1,496 | 1,477 | 1,436 |
Loss on disposal of property and equipment | |||||||||
-1,003 | 0 | 0 | - | - | - | - | - | - | - |
Gain on insurance claim for equipment failure | |||||||||
- | - | - | - | - | - | 137 | - | 279 | - |
Amortization of discounts of auction rate securities | |||||||||
- | - | - | - | - | - | - | - | 120 | 466 |
Gain on sales/redemptions of auction rate securities securities | |||||||||
- | - | - | - | - | - | - | - | 454 | 915 |
Accounts receivable, net | |||||||||
295 | -452 | -103 | 190 | -271 | -62 | -66 | -54 | 288 | -354 |
Inventories - net of reserve | |||||||||
- | - | - | -256 | - | - | - | - | - | - |
Inventories, net | |||||||||
0 | -580 | 196 | -620 | -328 | 204 | 617 | 126 | -245 | 901 |
Other receivables | |||||||||
0 | 30 | -223 | -98 | 553 | -130 | 238 | - | - | -362 |
Prepaid expenses and other current assets | |||||||||
16,423 | 7,679 | 97 | - | - | - | - | - | - | - |
Other current assets | |||||||||
- | - | - | -762 | -478 | -1,182 | -149 | - | - | 73 |
Accounts payable and accrued expenses | |||||||||
- | - | - | -3,146 | 776 | 1,450 | 598 | -491 | 748 | -66 |
Accounts payable and accrued expenses | |||||||||
29,977 | -1,518 | 15,809 | - | 4,946 | 2,935 | 966 | -501 | 410 | -322 |
Other liabilities | |||||||||
-186 | 0 | 0 | - | - | - | - | 166 | 155 | 106 |
Interest on non-recourse debt | |||||||||
39,929 | 19,791 | 0 | 0 | - | - | - | - | - | - |
Loss on induced exchanges of debt | |||||||||
0 | 13,005 | 0 | 0 | - | - | - | - | - | - |
Amortization of deferred revenue | |||||||||
0 | 77 | 64 | 36 | 5 | 2,674 | 176 | 128 | 118 | -45,685 |
Amortization of bond premiums | |||||||||
0 | -31 | -218 | -670 | -544 | -228 | - | - | - | - |
Amortization of debt issuance costs | |||||||||
50 | 1,679 | 730 | 730 | 281 | - | - | - | - | - |
Non-cash lease expense | |||||||||
264 | 0 | 0 | - | - | - | - | - | - | - |
Amortization of deferred rent | |||||||||
0 | -279 | -10 | -100 | 99 | 99 | 99 | - | - | - |
Loss on sale of marketable securities | |||||||||
0 | 0 | -16 | 2 | 11 | 7 | - | - | - | - |
Decrease in allowance for doubtful accounts | |||||||||
0 | -9 | -62 | 20 | -34 | 39 | -5 | 22 | -20 | -81 |
Other | |||||||||
- | - | - | - | - | - | - | - | - | -297 |
Inventory reserve | |||||||||
- | - | - | - | - | - | - | - | - | 600 |
Non-cash expense related to stock-based compensation | |||||||||
11,736 | 4,024 | 4,333 | 3,741 | 2,788 | 3,218 | 2,265 | 2,059 | 1,966 | 1,808 |
Non-cash decrease in value of life insurance policy | |||||||||
- | - | - | -21 | -155 | 18 | -3 | - | - | 56 |
Non-cash financing expenses | |||||||||
0 | 0 | 347 | 0 | - | - | - | - | - | - |
Deferred revenue | |||||||||
65,000 | 0 | 0 | - | 37 | 134 | 2,774 | 108 | 0 | - |
Net cash used in operating activities | |||||||||
-222,442 | -133,426 | -62,250 | -48,462 | -38,996 | -30,690 | -5,899 | 4,908 | -12,186 | -7,068 |
Cash flows from investing activities | |||||||||
Purchases of marketable securities | |||||||||
0 | 10,380 | 131,610 | 2,749 | 86,307 | 44,116 | - | - | - | - |
Proceeds from sales/maturities of marketable securities | |||||||||
0 | 95,112 | 57,183 | 50,850 | 34,491 | 9,024 | - | - | - | - |
Purchases of property and equipment | |||||||||
6,849 | 9,975 | 1,837 | 2,226 | 924 | 378 | 595 | 568 | 605 | 684 |
Proceeds from sales and redemptions of auction rate securities | |||||||||
- | - | - | - | - | - | - | - | 9,545 | 9,870 |
Net cash used in investing activities | |||||||||
-6,849 | 74,757 | -76,264 | 45,875 | -52,740 | -35,069 | -457 | -568 | 9,218 | 9,185 |
Cash flows from financing activities: | |||||||||
Proceeds from partial liquidation of life insurance policy | |||||||||
- | - | - | - | - | 400 | - | - | - | - |
Proceeds from insurance claim for equipment failure | |||||||||
- | - | - | - | - | - | 137 | - | 279 | - |
Proceeds from issuance of convertible senior notes | |||||||||
- | - | - | - | 100,000 | - | - | - | - | - |
Payment of debt issuance costs | |||||||||
- | - | - | - | 3,657 | - | - | - | - | - |
Exercise of stock options, net | |||||||||
2,553 | 2,261 | 4,290 | 2,733 | 2,959 | 1,799 | 266 | 171 | 243 | 25 |
Exercise of warrants | |||||||||
0 | 78,226 | 0 | - | - | - | - | - | - | - |
Sale of preferred stock, net of related expenses | |||||||||
0 | 0 | 121,782 | 0 | - | - | - | - | - | - |
Proceeds from public offering of common stock | |||||||||
273,031 | 299,467 | 28,578 | 0 | - | - | - | - | - | - |
Proceeds from the issuance of non-recourse debt | |||||||||
0 | 182,216 | 0 | 0 | - | - | - | - | - | - |
Debt conversion fees | |||||||||
0 | 530 | 0 | 0 | - | - | - | - | - | - |
Tax withholding payments for stock-based compensation | |||||||||
0 | 1,521 | 546 | 369 | 585 | 331 | 246 | 98 | - | - |
Payments for stock plan activity | |||||||||
- | - | - | - | - | - | - | - | 96 | - |
Share purchases of majority-owned subsidiary | |||||||||
- | - | - | - | - | - | 39 | - | 0 | - |
Issuance of common stock purchase warrant | |||||||||
- | - | - | - | - | - | - | 1,582 | 0 | - |
Net cash provided by financing activities | |||||||||
347,181 | 627,903 | 168,804 | 2,364 | 98,716 | 31,277 | 14,765 | 1,655 | 147 | 25 |
Effect of changes in exchange rates on cash, cash equivalents and restricted cash | |||||||||
-22 | -46 | -100 | -26 | -489 | 118 | 79 | -255 | 384 | - |
Net decrease in cash, cash equivalents and restricted cash | |||||||||
117,868 | 569,188 | 30,190 | -249 | 6,491 | -34,364 | 8,487 | 5,740 | -2,435 | 2,142 |
Supplemental disclosure of cash flow information: | |||||||||
Interest paid | |||||||||
338 | 2,850 | 4,750 | 4,803 | - | - | - | - | - | - |
Income taxes paid | |||||||||
0 | 0 | 24 | 29 | 75 | 136 | 135 | 23 | 441 | 658 |
Schedule for non-cash investing and financing activities: | |||||||||
Issuance of common shares for debt conversion | |||||||||
0 | 92,307 | 0 | 0 | - | - | - | - | - | - |
Accrued capital expenditures | |||||||||
101 | 2,173 | 0 | 0 | - | - | - | - | - | - |
Non-cash component of warrant exercise | |||||||||
0 | 0 | 0 | 0 | - | - | - | - | - | - |
Shares received in cashless exercise | |||||||||
1,271 | 0 | 0 | 0 | - | - | - | - | - | - |
Market Offering | |||||||||
Proceeds from private offering of common stock | |||||||||
71,597 | 0 | 0 | 0 | - | 29,809 | 14,785 | - | 0 | - |
Private placement | |||||||||
Proceeds from private offering of common stock | |||||||||
0 | 67,784 | 14,700 | - | - | - | - | - | - | - |