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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities    
Net loss $ (29,057) $ (41,233)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 612 849
Change in valuation of warrant liability 0 (47)
Non-cash interest expense 1,600 1,446
Amortization of premiums on investments 208 631
Amortization of debt issuance costs 80 72
Share-based compensation expense 9,029 8,915
Unrealized foreign currency transaction losses, net 820 0
Changes in operating assets and liabilities:    
Inventory (1,350) 0
Prepaid expenses and other current assets 93 702
Trade receivables, net (6,746) (10,678)
Deposits and other assets (226) (12)
Accounts payable and accrued expenses (3,923) (2,452)
Other liabilities (624) (23)
Deferred revenue 582 243
Net cash used in operating activities (28,902) (41,587)
Cash flows from investing activities    
Purchases of fixed assets (225) (265)
Purchases of marketable securities (19,467) (19,413)
Sale and redemption of marketable securities 44,110 41,795
Net cash provided by investing activities 24,418 22,117
Cash flows from financing activities    
Proceeds from exercise of options 106 34
Proceeds from shares issued under employee stock purchase plan 557 0
Net cash provided by financing activities 663 34
Effect of exchange rate changes on cash (394) 1,579
Net decrease in cash and cash equivalents (4,215) (17,857)
Cash and cash equivalents, beginning of period 58,321 58,022
Cash and cash equivalents, end of period 54,106 40,165
Supplemental disclosure of cash information    
Cash paid for interest 2,250 2,263
Cash paid for income taxes 28 225
Supplemental disclosures of non-cash information related to investing and financing activities    
Change in unrealized (loss) gain on marketable securities, net of tax $ (22) $ 658