| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | ||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net loss | ||||||
-111,816 | -96,746 | 0 | 0 | 0 | ||
Adjustments to reconcile net loss to cash used in operating activities: | ||||||
Depreciation and amortization | ||||||
14,745 | 13,408 | 0 | 0 | 0 | ||
Stock-based compensation expense | ||||||
10,012 | 7,711 | 0 | 0 | 0 | ||
Reduction of operating lease right-of-use assets | ||||||
0 | - | - | - | - | ||
Bad debt expense | ||||||
1,505 | 1,371 | 0 | 0 | 0 | ||
Compensation expense related to stock sales by current and former employees | ||||||
- | 819 | 0 | 0 | 0 | ||
Change in fair value of convertible preferred stock warrant liability | ||||||
- | 2,100 | 0 | 0 | 0 | ||
Accretion of unconditional endowment grant liability | ||||||
91 | 94 | 0 | 0 | 0 | ||
Accretion of debt discounts | ||||||
- | 11 | 0 | 0 | 0 | ||
Amortization of premiums (discounts) on short-term investments | ||||||
0 | - | - | - | 0 | ||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
-6,706 | 1,579 | 0 | 0 | 0 | ||
Inventory, net | ||||||
14,388 | 13,244 | 0 | 0 | 0 | ||
Prepaid expenses and other current assets | ||||||
-636 | 4,108 | 0 | 0 | 0 | ||
Other assets | ||||||
1,280 | 1,026 | 0 | 0 | 0 | ||
Operating lease liability | ||||||
0 | - | - | - | - | ||
Accounts payable | ||||||
3,007 | 6,010 | 0 | 0 | 0 | ||
Accrued consignor payable | ||||||
-3,062 | 17,561 | 0 | 0 | 0 | ||
Other accrued and current liabilities | ||||||
2,296 | 10,686 | 0 | 0 | 0 | ||
Other noncurrent liabilities | ||||||
2,001 | 2,762 | 0 | 0 | 0 | ||
Net cash used in operating activities | ||||||
-86,890 | -54,490 | 0 | 0 | 0 | ||
Cash flow from investing activities: | ||||||
Purchases of short-term investments | ||||||
0 | - | - | - | - | ||
Proceeds from maturities of short-term investments | ||||||
140,428 | 39,281 | 0 | 0 | 0 | ||
Capitalized proprietary software development costs | ||||||
9,061 | 9,267 | 0 | 0 | 0 | ||
Purchases of property and equipment | ||||||
27,504 | 24,761 | 0 | 0 | 0 | ||
Net cash provided by investing activities | ||||||
-190,026 | -215,356 | 0 | 0 | 0 | ||
Cash flow from financing activities: | ||||||
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs | ||||||
- | 43,492 | 0 | 0 | 0 | ||
Proceeds from issuance of convertible preferred stock, net of issuance costs | ||||||
- | 26,283 | 0 | 0 | 0 | ||
Proceeds from exercise of stock options and common stock warrants | ||||||
3,961 | 2,729 | 0 | 0 | 0 | ||
Payment of deferred offering costs | ||||||
- | - | - | 0 | 0 | ||
Taxes paid related to restricted stock vesting | ||||||
0 | - | - | - | - | ||
Repayment of debt | ||||||
- | 9,250 | 0 | 0 | 0 | ||
Net cash provided by financing activities | ||||||
311,367 | 378,665 | 0 | 0 | 0 | ||
Net (decrease) increase in cash, cash equivalents and restricted cash | ||||||
34,451 | 108,819 | 0 | 0 | 0 | ||
Supplemental disclosures of cash flow information | ||||||
Cash paid for interest | ||||||
459 | 553 | 0 | 0 | 0 | ||
Supplemental disclosures of non-cash investing and financing activities | ||||||
Accretion of redeemable convertible preferred stock to redemption value | ||||||
- | 3,355 | 0 | 0 | 0 | ||
Purchases of property and equipment included in accounts payable and other current liabilities | ||||||
0 | - | - | - | 0 | ||
Purchases of capitalized proprietary software development costs included in accounts payable and other current liabilities | ||||||
0 | - | - | - | - | ||
Deferred offering costs in accounts payable and accrued liabilities | ||||||
- | -10 | 0 | 0 | 0 | ||