| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Sep'11 |
|---|---|---|---|---|---|---|---|---|---|
Operating activities: | |||||||||
Net loss | |||||||||
-75,595 | -113,575 | -291,955 | -276,011 | -239,284 | -141,965 | -54,659 | -74,352 | -10,233 | -392 |
Adjustments to reconcile net loss to net cash used in operating activities: | |||||||||
Depreciation and amortization | |||||||||
8,077 | 7,384 | 2,811 | 1,149 | 776 | 627 | 423 | 265 | 11 | - |
Built-out allowance received from landlord | |||||||||
- | - | - | 2,997 | 179 | 192 | - | -464 | -439 | - |
Stock-based compensation | |||||||||
57,327 | 86,939 | 108,735 | 117,264 | 94,934 | 39,151 | 7,519 | 1,408 | 67 | - |
Disposal of property and equipment | |||||||||
-54 | - | - | - | - | - | - | - | - | - |
Loss on impairment of asset | |||||||||
-1,183 | - | - | - | - | - | - | - | - | - |
Loss on debt extinguishment | |||||||||
-8,047 | - | - | - | - | - | - | - | - | - |
Disposal of leasehold improvements | |||||||||
- | - | - | -368 | - | - | - | - | - | - |
Debt modification fees | |||||||||
- | -289 | - | - | - | - | - | - | - | - |
Anti-dilutive warrant | |||||||||
- | - | - | - | - | - | - | 18,222 | 7,586 | - |
Changes in operating assets and liabilities: | |||||||||
Accounts receivable, net | |||||||||
8,123 | 11,103 | 9,670 | - | - | - | - | - | - | - |
Inventory, net | |||||||||
545 | 596 | 2,029 | - | - | - | - | - | - | - |
Other receivables | |||||||||
- | - | - | - | -1,760 | -8,053 | -799 | 10,612 | - | - |
Prepaid expenses and other | |||||||||
-568 | 840 | 1,142 | -3,413 | 958 | 8,584 | 6,727 | 707 | 281 | - |
Other current assets | |||||||||
-1,464 | 1,787 | - | - | - | - | - | - | - | - |
Depreciation | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Deposits | |||||||||
- | - | - | - | - | - | - | - | - | 9 |
Accounts payable | |||||||||
-1,526 | -7,008 | 7,657 | 2,231 | 2,806 | 4,305 | 10,210 | 395 | 87 | 212 |
Accrued expenses | |||||||||
22,599 | 15,783 | 13,222 | 2,787 | -14,805 | 20,865 | -12,640 | 20,719 | 500 | - |
Deferred rent | |||||||||
154 | -409 | 99 | -4,112 | -124 | -153 | -27 | -186 | - | - |
Post-marketing commitment liability | |||||||||
9,000 | - | - | - | - | - | - | - | - | - |
Net cash used in operating activities | |||||||||
22,400 | -24,105 | -172,470 | -141,690 | -154,468 | -77,203 | -55,048 | -44,012 | -1,824 | -190 |
Purchase of intangible assets | |||||||||
- | - | 50,000 | - | - | - | - | - | - | - |
Purchase of property and equipment | |||||||||
306 | 439 | 431 | 4,287 | 1,002 | 1,100 | 624 | 591 | 254 | 3 |
Restricted cash | |||||||||
- | - | - | - | 3,098 | 1 | 2 | 159 | 1,053 | - |
Expenditures for leasehold improvements | |||||||||
- | 170 | - | 2,997 | 179 | 192 | 4 | 471 | 439 | - |
Purchase of available-for-sale securities | |||||||||
127,198 | 107,502 | 79,729 | 81,794 | 214,806 | 132,259 | 49,347 | - | - | - |
Sale of available-for-sale securities | |||||||||
28,135 | - | - | - | - | - | - | - | - | - |
Maturity of available-for-sale securities | |||||||||
104,532 | 50,488 | 114,724 | 231,267 | 133,222 | 70,277 | 8,446 | - | - | - |
Net cash provided by (used in) investing activities | |||||||||
5,163 | -57,623 | -15,436 | 142,189 | -85,863 | -63,275 | -41,531 | -1,221 | -1,746 | - |
Financing activities: | |||||||||
Proceeds from issuance of stockholder's convertible note payable | |||||||||
- | - | - | - | - | - | - | - | 150 | 150 |
Net proceeds from issuance of common stock | |||||||||
- | - | - | 161,854 | 205,133 | 129,440 | - | 129,214 | 56,741 | 0 |
Net proceeds from shares issued under employee stock plans | |||||||||
1,351 | 7,652 | 26,685 | 576 | 28,228 | 6,533 | 2,215 | 45 | - | - |
Proceeds from long-term debt | |||||||||
25,000 | 105,000 | 50,000 | - | - | - | - | - | - | - |
Payment of debt | |||||||||
80,000 | - | - | - | - | - | - | - | - | - |
Payment of debt extinguishment costs | |||||||||
7,793 | - | - | - | - | - | - | - | - | - |
Payment of debt issuance costs | |||||||||
5,625 | 4,201 | 1,575 | - | - | - | - | - | - | - |
Capital contributions by stockholder | |||||||||
- | - | - | - | - | - | - | - | 61 | 68 |
Net cash provided by financing activities | |||||||||
-67,067 | 108,451 | 75,110 | 162,430 | 233,361 | 135,973 | 2,215 | 129,259 | 56,952 | 218 |
Net increase (decrease) in cash, cash equivalents and restricted cash | |||||||||
-39,528 | 26,723 | -112,796 | 162,929 | -6,970 | -4,505 | -94,364 | 84,026 | 53,382 | 25 |
Supplemental disclosures of non-cash investing and financing activities: | |||||||||
Property and equipment purchases in accounts payable | |||||||||
25 | - | 27 | - | - | - | - | - | - | - |
Receivables related to stock option exercises | |||||||||
- | - | 449 | - | - | 835 | - | - | - | - |
Supplemental disclosure of cash flow information: | |||||||||
Interest paid | |||||||||
11,739 | 8,055 | 344 | - | - | - | - | - | - | - |
Conversion of stockholder's note payable to common stock | |||||||||
- | - | - | - | - | - | - | - | 150 | - |