| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Operating activities | ||||||||
Net loss | ||||||||
-124,230 | -123,095 | -123,194 | -135,135 | -132,576 | -141,392 | -80,331 | -90,601 | -72,376 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||
Stock-based compensation | ||||||||
20,413 | 20,326 | 20,804 | 21,495 | 18,497 | 31,641 | 14,720 | 14,353 | 11,851 |
Depreciation, Depletion and Amortization | ||||||||
7,400 | 8,939 | 7,265 | 7,517 | 7,300 | 7,362 | 6,500 | 5,800 | 5,200 |
Amortization/accretion of investments | ||||||||
-515 | 314 | 1,068 | 1,355 | 1,005 | 763 | 572 | 448 | 83 |
Loss on disposal of property and equipment | ||||||||
-137 | -246 | -56 | 5 | -19 | -891 | 0 | 0 | 0 |
Changes in assets and liabilities: | ||||||||
Accounts receivable | ||||||||
585 | 2,232 | -698 | -2,148 | -6,040 | 1,841 | -1,547 | 3,387 | -3,876 |
Accounts receivable from related party | ||||||||
1,346 | -5,079 | 4,396 | 55 | 66 | -813 | 942 | -29,295 | 28,529 |
Prepaid expenses and other assets | ||||||||
4,305 | -11,158 | 3,722 | 1,039 | -3,354 | 43 | -3,626 | 6,631 | 2,241 |
Right-of-use assets, operating leases | ||||||||
14,119 | - | - | - | -1,620 | - | - | - | - |
Accounts payable | ||||||||
2,331 | -4,779 | -17,714 | -3,202 | 1,731 | 14,299 | 2,058 | -2,807 | 1,467 |
Accrued liabilities | ||||||||
-12,953 | 4,891 | 19,543 | 4,761 | -32,557 | 25,977 | 7,769 | 12,072 | -37,031 |
Deferred revenue | ||||||||
-474 | - | -9,695 | -7,496 | -15,604 | - | -34,820 | -8,476 | 6,193 |
Deferred lease obligation | ||||||||
- | - | - | - | - | 183 | 191 | 1,894 | 152 |
Operating lease liabilities | ||||||||
15,244 | - | - | - | -1,848 | - | - | - | - |
Other liabilities | ||||||||
5,732 | -7,786 | 1,564 | -758 | 811 | 56 | 62 | 609 | 183 |
Net cash used in operating activities | ||||||||
-106,191 | -95,773 | -107,048 | -111,879 | -144,268 | -91,020 | -80,211 | -48,249 | -111,385 |
Investing activities | ||||||||
Purchases of marketable securities | ||||||||
621,257 | 195,949 | 105,964 | 413,796 | 429,517 | 276,515 | 113,210 | 177,745 | 660,239 |
Proceeds from maturities of marketable securities | ||||||||
269,733 | 245,335 | 184,212 | 159,694 | 403,940 | 289,848 | 195,149 | 108,562 | 189,814 |
Proceeds from sales of marketable securities | ||||||||
41,729 | 87,624 | 41,830 | 17,787 | 21,413 | 6,477 | 60,283 | 91,618 | 18,630 |
Purchases of property and equipment | ||||||||
6,223 | 6,662 | 6,711 | 10,586 | 7,595 | 13,637 | 26,140 | 34,080 | 31,909 |
Net cash used in investing activities | ||||||||
-316,018 | 130,348 | 113,367 | -246,901 | -11,759 | 6,173 | 116,082 | -11,645 | -483,704 |
Financing activities | ||||||||
Proceeds from public offering of common stock, net of issuance costs | ||||||||
549,455 | - | - | - | 0 | - | - | - | - |
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs | ||||||||
- | - | - | - | - | 0 | 0 | 111,580 | 549,531 |
Proceeds from issuance of common stock through equity plans, net | ||||||||
28,357 | 27,718 | 15,554 | 3,930 | 57 | 1,067 | 290 | 48 | 22 |
Charges to financing lease obligation | ||||||||
241 | - | - | - | 236 | - | - | - | - |
Reimbursement of assets under financing lease obligation | ||||||||
- | - | - | - | - | 9,888 | 0 | 20 | 1,727 |
Payments on financing lease obligation | ||||||||
- | - | - | - | - | -1,934 | 1,538 | 1,286 | 1,285 |
Net cash provided by financing activities | ||||||||
578,053 | 27,590 | 15,767 | 7,471 | 293 | 575,915 | -9,430 | 110,362 | 549,995 |
Net increase (decrease) in cash, cash equivalents and restricted cash | ||||||||
155,844 | 62,165 | 22,086 | -351,309 | -155,734 | 491,068 | 26,441 | 50,468 | -45,094 |
Non-cash investing and financing activities | ||||||||
Issuance costs included in accounts payable and accrued liabilities | ||||||||
- | - | - | - | - | - | - | - | 0 |
Purchases of property and equipment included in accounts payable and accrued liabilities | ||||||||
6,610 | 2,813 | -4,211 | -8,053 | 14,127 | 124 | -15,413 | -346 | 28,527 |
Leasehold improvements included in prepaid and other current assets | ||||||||
- | - | - | - | - | -3,478 | 0 | 3,678 | 9,889 |
Lease financing obligation | ||||||||
- | - | - | - | - | -3,478 | 0 | 3,678 | 9,889 |