Natera, Inc(NASDAQ:NTRA)
Natera, Inc., a diagnostics company, develops and commercializes molecular testing services worldwide. It offers Panorama, a non-invasive prenatal test that screens for chromosomal abnormalities of a fetus with a blood draw from the mother, as well as twin pregnancies for zygosity; Vistara, a single...
Website: http://www.natera.com
Founded: 2004
Full Time Employees: 1,039
Sector: Healthcare
Industry: Diagnostics & Research
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Quarterly
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| Unit: USD | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | |||||||||||||||||||||||||||||||||||||||||||
product revenues | 693,868,000 | 590,197,000 | 544,427,000 | 500,036,000 | 472,911,000 | 436,127,000 | 411,364,000 | 364,672,000 | 307,251,000 | 265,218,000 | 258,256,000 | 237,797,000 | 212,892,000 | 199,831,000 | 194,582,000 | 190,002,000 | 160,884,000 | 150,651,000 | 137,232,000 | 118,382,000 | 106,465,000 | 93,286,000 | 80,414,000 | 87,046,000 | 74,482,000 | 66,936,000 | 65,099,000 | 63,364,000 | 63,082,000 | 62,662,000 | 60,353,000 | 54,269,000 | 51,969,000 | 55,331,000 | 52,276,000 | 45,913,000 | 48,511,000 | 53,090,000 | 51,231,000 | 61,136,000 | 52,327,000 | 44,423,000 | 44,519,000 |
yoy | 46.72% | 35.33% | 32.35% | 37.12% | 53.92% | 64.44% | 59.29% | 53.35% | 44.32% | 32.72% | 32.72% | 25.15% | 32.33% | 32.64% | 41.79% | 60.50% | 51.11% | 61.49% | 70.66% | 36.00% | 42.94% | 39.37% | 23.53% | 37.37% | 18.07% | 6.82% | 7.86% | 16.76% | 21.38% | 13.25% | 15.45% | 18.20% | 7.13% | 4.22% | 2.04% | -24.90% | -7.29% | 19.51% | 15.08% | ||||
qoq | 17.57% | 8.41% | 8.88% | 5.74% | 8.43% | 6.02% | 12.80% | 18.69% | 15.85% | 2.70% | 8.60% | 11.70% | 6.54% | 2.70% | 2.41% | 18.10% | 6.79% | 9.78% | 15.92% | 11.19% | 14.13% | 16.01% | -7.62% | 16.87% | 11.27% | 2.82% | 2.74% | 0.45% | 0.67% | 3.83% | 11.21% | 4.43% | -6.08% | 5.84% | 13.86% | -5.36% | -8.62% | 3.63% | -16.20% | 16.83% | 17.79% | -0.22% | |
licensing and other revenues | 2,776,000 | 1,986,000 | 2,173,000 | 1,794,000 | 3,150,000 | 3,631,000 | 1,987,000 | 3,069,000 | 3,854,000 | 3,088,000 | 3,148,000 | 3,959,000 | 4,360,000 | 10,806,000 | 3,618,000 | 4,131,000 | 12,144,000 | 7,465,000 | 4,794,000 | 33,934,000 | 5,913,000 | 4,857,000 | 6,058,000 | 6,966,000 | 8,758,000 | 10,973,000 | 9,256,000 | 3,460,000 | 3,883,000 | 2,618,000 | 2,716,000 | 8,071,000 | 1,796,000 | 1,325,000 | 1,341,000 | 988,000 | |||||||
total revenues | 696,644,000 | 592,183,000 | 546,600,000 | 501,830,000 | 476,061,000 | 439,758,000 | 413,351,000 | 367,741,000 | 311,105,000 | 268,306,000 | 261,404,000 | 241,756,000 | 217,252,000 | 210,637,000 | 198,200,000 | 194,133,000 | 173,028,000 | 158,116,000 | 142,026,000 | 152,316,000 | 112,378,000 | 98,143,000 | 86,472,000 | 94,012,000 | 83,240,000 | 77,909,000 | 74,355,000 | 66,824,000 | 66,965,000 | 65,280,000 | 63,069,000 | 62,340,000 | 53,765,000 | 56,656,000 | 53,617,000 | 46,901,000 | 49,299,000 | 53,889,000 | 51,984,000 | 61,902,000 | 52,911,000 | 44,921,000 | 45,087,000 |
cost and expenses | |||||||||||||||||||||||||||||||||||||||||||
cost of product revenues | 245,203,000 | 207,253,000 | 199,531,000 | 184,613,000 | 175,964,000 | 167,657,000 | 169,850,000 | 158,833,000 | 151,040,000 | 146,962,000 | 142,808,000 | 147,754,000 | 126,770,000 | 115,436,000 | 108,756,000 | 102,670,000 | 91,276,000 | 76,838,000 | 73,227,000 | 61,322,000 | 54,741,000 | 46,873,000 | 42,731,000 | 41,520,000 | 39,479,000 | 40,138,000 | 41,382,000 | 41,605,000 | 40,345,000 | 39,477,000 | 39,204,000 | 39,055,000 | 35,153,000 | 33,558,000 | 33,709,000 | 33,088,000 | 24,393,500 | 34,261,000 | 30,973,000 | 32,340,000 | 31,813,000 | 30,456,000 | 25,732,000 |
cost of licensing and other revenues | 608,000 | 548,000 | 465,000 | 452,000 | 459,000 | 354,000 | 329,000 | 307,000 | 207,000 | 349,000 | 341,000 | 370,000 | 522,000 | 1,076,000 | 481,000 | 545,000 | 2,846,000 | 4,533,000 | 2,885,000 | 5,491,000 | 5,141,000 | 4,948,000 | 4,208,000 | 3,458,000 | 4,983,000 | 3,742,000 | 2,443,000 | 1,698,000 | 2,444,000 | 2,202,000 | 1,791,000 | 1,537,000 | 1,572,000 | 1,054,000 | 850,000 | 612,000 | |||||||
research and development | 210,702,000 | 173,412,000 | 146,427,000 | 129,078,000 | 129,461,000 | 96,931,000 | 89,109,000 | 88,637,000 | 82,964,000 | 77,235,000 | 78,173,000 | 82,306,000 | 87,911,000 | 65,510,000 | 82,580,000 | 80,414,000 | 71,811,000 | 98,457,000 | 53,752,000 | 40,188,000 | 32,384,000 | 26,421,000 | 23,005,000 | 18,225,000 | 15,002,000 | 12,796,000 | 12,124,000 | 11,435,000 | 12,770,000 | 12,393,000 | 11,852,000 | 14,340,000 | 13,019,000 | 12,609,000 | 11,786,000 | 12,650,000 | 11,459,000 | 11,345,000 | 10,299,000 | 8,759,000 | 8,004,000 | 7,336,000 | 6,741,000 |
selling, general and administrative | 327,938,000 | 308,546,000 | 310,549,000 | 266,864,000 | 234,917,000 | 214,154,000 | 197,965,000 | 194,278,000 | 161,430,000 | 154,742,000 | 152,508,000 | 149,627,000 | 143,822,000 | 147,667,000 | 149,468,000 | 147,634,000 | 146,761,000 | 128,485,000 | 127,456,000 | 108,332,000 | 94,080,000 | 75,678,000 | 68,188,000 | 65,681,000 | 58,587,000 | 56,715,000 | 47,042,000 | 43,832,000 | 41,133,000 | 38,374,000 | 37,440,000 | 37,925,000 | 48,937,000 | 34,478,000 | 34,309,000 | 37,582,000 | 37,553,000 | 34,938,000 | 33,227,000 | 30,408,000 | 30,442,000 | 27,870,000 | 28,086,000 |
amortization of acquired intangible assets | 5,709,000 | ||||||||||||||||||||||||||||||||||||||||||
total cost and expenses | 790,160,000 | 689,759,000 | 656,972,000 | 581,007,000 | 540,801,000 | 479,096,000 | 457,253,000 | 442,055,000 | 395,641,000 | 379,288,000 | 373,830,000 | 380,057,000 | 359,025,000 | 329,689,000 | 341,285,000 | 331,263,000 | 312,694,000 | 308,313,000 | 257,320,000 | 215,333,000 | 186,346,000 | 153,920,000 | 138,132,000 | 128,884,000 | 118,051,000 | 99,003,000 | 102,991,000 | 98,570,000 | 96,692,000 | 92,446,000 | 90,287,000 | 92,857,000 | 98,681,000 | 81,699,000 | 80,654,000 | 83,932,000 | 87,012,000 | 80,544,000 | 74,499,000 | 71,507,000 | 70,259,000 | 65,662,000 | 60,559,000 |
income from operations | -93,516,000 | -97,576,000 | -110,372,000 | -79,177,000 | -64,740,000 | -39,338,000 | -43,902,000 | -74,314,000 | -84,536,000 | -110,982,000 | -112,426,000 | -138,301,000 | -141,773,000 | -119,052,000 | -143,085,000 | -137,130,000 | -139,666,000 | -150,197,000 | -115,294,000 | -63,017,000 | -73,968,000 | -55,777,000 | -51,660,000 | -34,872,000 | -20,369,000 | -21,094,000 | -28,636,000 | -31,746,000 | -21,225,250 | -27,166,000 | -27,218,000 | -30,517,000 | -22,277,750 | -25,043,000 | -27,037,000 | -37,031,000 | -37,713,000 | -26,655,000 | -22,515,000 | -9,605,000 | -15,472,000 | ||
yoy | 44.45% | 148.05% | 151.41% | 6.54% | -23.42% | -64.55% | -60.95% | -46.27% | -40.37% | -6.78% | -21.43% | 0.85% | 1.51% | -20.74% | 24.10% | 117.61% | 88.82% | 169.28% | 123.18% | 80.71% | 263.14% | 164.42% | 80.40% | 9.85% | -4.03% | -22.35% | 5.21% | 4.03% | -4.72% | 8.48% | 0.67% | -17.59% | -40.93% | -6.05% | 20.08% | 285.54% | 45.52% | ||||||
qoq | -4.16% | -11.59% | 39.40% | 22.30% | 64.57% | -10.40% | -40.92% | -12.09% | -23.83% | -1.28% | -18.71% | -2.45% | 19.08% | -16.80% | 4.34% | -1.82% | -7.01% | 30.27% | 82.96% | -14.81% | 32.61% | 7.97% | 48.14% | 71.20% | -3.44% | -26.34% | -9.80% | 49.57% | -21.87% | -0.19% | -10.81% | 36.98% | -11.04% | -7.38% | -26.99% | -1.81% | 41.49% | 18.39% | 134.41% | ||||
operating margin % | -13.48% | -16.53% | -20.27% | -15.83% | -13.69% | -9.02% | -10.67% | -20.38% | -27.51% | -41.85% | -43.53% | -58.16% | -66.59% | -59.58% | -73.53% | -72.17% | -86.81% | -99.70% | -84.01% | -53.23% | -69.48% | -59.79% | -64.24% | -40.06% | -27.35% | -31.51% | -43.99% | -50.10% | -33.65% | -43.35% | -45.10% | -56.23% | -42.87% | -45.26% | -51.72% | -80.65% | -77.74% | -50.21% | -43.95% | -15.71% | 0% | 0% | -34.75% |
interest expense | -892,000 | -1,045,000 | -1,029,000 | -1,005,000 | -1,292,000 | -3,142,000 | -3,127,000 | -3,124,000 | -3,148,000 | -3,252,000 | -3,177,000 | -3,061,000 | -2,752,000 | -2,330,000 | -2,150,000 | -2,087,000 | -2,079,000 | -2,078,000 | -2,075,000 | -2,073,000 | -4,310,000 | -4,270,000 | -4,038,000 | -2,464,000 | -2,576,000 | -2,672,000 | -2,721,000 | -2,724,000 | -2,746,000 | -2,781,000 | -2,560,000 | -2,389,000 | -2,335,000 | -1,477,000 | -218,000 | -183,000 | -150,000 | -146,000 | -122,000 | -115,000 | -114,000 | -1,177,000 | -1,203,000 |
interest and other income | 9,600,000 | 11,284,000 | 10,738,000 | 13,419,000 | 10,906,000 | 11,618,000 | 10,457,000 | 10,267,000 | 9,844,000 | 5,406,000 | 4,518,000 | 4,585,000 | 2,373,000 | 87,000 | 277,000 | 801,000 | 1,151,000 | 1,274,000 | 1,585,000 | 1,371,000 | 1,901,000 | 1,749,000 | 1,924,000 | 1,987,000 | 2,190,000 | 673,000 | 836,000 | 453,000 | 618,000 | 449,000 | -3,933,000 | 137,000 | 1,930,000 | -437,000 | -413,000 | 1,300,000 | -5,000 | 887,000 | -519,000 | 1,035,000 | |||
income before income taxes | -84,808,000 | -87,337,000 | -100,663,000 | -66,763,000 | -55,126,000 | -30,862,000 | -36,572,000 | -67,171,000 | -77,840,000 | -108,828,000 | -111,085,000 | -136,777,000 | -142,152,000 | -121,295,000 | -144,958,000 | -138,416,000 | -140,594,000 | -151,001,000 | -115,784,000 | -63,719,000 | -76,377,000 | -58,298,000 | -59,622,000 | -35,349,000 | -35,197,000 | -23,093,000 | -30,521,000 | -34,017,000 | -31,855,000 | -29,498,000 | -33,711,000 | -32,769,000 | -45,321,000 | -26,957,000 | -27,668,000 | -35,914,000 | -37,868,000 | -25,914,000 | |||||
income tax expense | -283,000 | -207,000 | -275,000 | -173,000 | 1,355,000 | -730,000 | -428,000 | -191,000 | -202,000 | -160,000 | -421,000 | -185,000 | -193,000 | -179,000 | 30,000 | -272,000 | -242,000 | -134,000 | -35,000 | -25,000 | -15,000 | -23,000 | 14,000 | -44,000 | -1,895,000 | -74,000 | 14,000 | -118,000 | -113,000 | -104,000 | -181,000 | -162,000 | -64,000 | -47,000 | -39,000 | -103,000 | |||||||
net income | -85,091,000 | -87,544,000 | -100,938,000 | -66,936,000 | -53,771,000 | -31,592,000 | -37,464,000 | -67,599,000 | -78,031,000 | -109,030,000 | -110,803,000 | -136,937,000 | -142,573,000 | -121,480,000 | -145,151,000 | -138,595,000 | -140,564,000 | -151,273,000 | -116,026,000 | -63,853,000 | -76,412,000 | -58,323,000 | -59,637,000 | -35,372,000 | -35,183,000 | -23,137,000 | -32,416,000 | -34,091,000 | -31,841,000 | -29,616,000 | -33,824,000 | -32,873,000 | -45,502,000 | -27,119,000 | -27,732,000 | -35,961,000 | -37,907,000 | -26,017,000 | -23,156,000 | -8,685,000 | -11,828,750 | -17,630,000 | -19,681,000 |
yoy | 58.25% | 177.11% | 169.43% | -0.98% | -31.09% | -71.02% | -66.19% | -50.63% | -45.27% | -10.25% | -23.66% | -1.20% | 1.43% | -19.69% | 25.10% | 117.05% | 83.96% | 159.37% | 94.55% | 80.52% | 117.18% | 152.08% | 83.97% | 3.76% | 10.50% | -21.88% | -4.16% | 3.71% | -30.02% | 9.21% | 21.97% | -8.59% | 20.04% | 4.24% | 19.76% | 314.06% | 220.46% | 47.57% | 17.66% | ||||
qoq | -2.80% | -13.27% | 50.80% | 24.48% | 70.20% | -15.67% | -44.58% | -13.37% | -28.43% | -1.60% | -19.08% | -3.95% | 17.36% | -16.31% | 4.73% | -1.40% | -7.08% | 30.38% | 81.71% | -16.44% | 31.02% | -2.20% | 68.60% | 0.54% | 52.06% | -28.62% | -4.91% | 7.07% | 7.51% | -12.44% | 2.89% | -27.75% | 67.79% | -2.21% | -22.88% | -5.13% | 45.70% | 12.36% | 166.62% | -26.58% | -32.91% | -10.42% | |
net income margin % | -12.26% | -14.83% | -18.54% | -13.39% | -11.37% | -7.24% | -9.11% | -18.54% | -25.40% | -41.11% | -42.90% | -57.59% | -66.97% | -60.79% | -74.60% | -72.94% | -87.37% | -100.41% | -84.55% | -53.94% | -71.77% | -62.52% | -74.16% | -40.64% | -47.24% | -34.57% | -49.79% | -53.80% | -50.48% | -47.26% | -56.04% | -60.57% | -87.56% | -49.01% | -53.05% | -78.32% | -78.14% | -49.01% | -45.20% | -14.21% | -22.61% | -39.69% | -44.21% |
unrealized gain on available-for-sale securities, net of tax and foreign currency translation adjustment | 56,000 | ||||||||||||||||||||||||||||||||||||||||||
comprehensive loss | -85,035,000 | -87,444,000 | -101,028,000 | -66,789,000 | -53,350,000 | -30,999,000 | -36,630,000 | -66,706,000 | -75,720,000 | -105,223,000 | -108,208,000 | -132,373,000 | -139,326,000 | -124,692,000 | -147,644,000 | -150,212,000 | -144,342,000 | -152,223,000 | -116,782,000 | -64,915,000 | -77,323,000 | -58,923,000 | -59,533,000 | -30,625,000 | -35,122,000 | -23,074,000 | -31,355,000 | -33,805,000 | -31,499,000 | -29,652,000 | -33,778,000 | -33,011,000 | -45,872,000 | -27,052,000 | -27,670,000 | -35,761,000 | -38,966,000 | -26,626,000 | -22,608,000 | -6,874,000 | |||
net income per share | |||||||||||||||||||||||||||||||||||||||||||
basic and diluted | -0.6 | -0.64 | -0.74 | -0.5 | -0.41 | -0.26 | -0.3 | -0.56 | -0.64 | -0.95 | -0.97 | -1.23 | -1.37 | -1.25 | -1.5 | -1.45 | -1.49 | -1.63 | -1.32 | -0.74 | -0.91 | -0.72 | -0.75 | -0.45 | -3.58 | ||||||||||||||||||
weighted-average number of shares used in computing basic and diluted net loss per share: | |||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 141,502 | 137,187 | 136,388 | 134,750 | 124,718 | 123,775 | 122,853 | 120,814 | 114,997 | 115,171 | 113,690 | 111,767 | 98,408 | 97,052 | 96,579 | 95,578 | 90,558 | 92,558 | 88,077 | 86,689 | 81,011 | 80,908 | 79,069 | 78,287 | |||||||||||||||||||
unrealized gain on available-for-sale securities, net of tax | 100,000 | -90,000 | 147,000 | 421,000 | 593,000 | 834,000 | 893,000 | 2,311,000 | 3,807,000 | 2,595,000 | 4,564,000 | -3,778,000 | -950,000 | -756,000 | -1,062,000 | -911,000 | -600,000 | 104,000 | 4,747,000 | 61,000 | 63,000 | 1,061,000 | 286,000 | 342,000 | -36,000 | 46,000 | -138,000 | -370,000 | 67,000 | 62,000 | 200,000 | -1,059,000 | -609,000 | 548,000 | 1,811,000 | ||||||||
income tax benefit | -892,000 | 282,000 | |||||||||||||||||||||||||||||||||||||||||
unrealized loss on available-for-sale securities, net of tax | -4,330,500 | -3,212,000 | -2,493,000 | -11,617,000 | |||||||||||||||||||||||||||||||||||||||
loss on debt extinguishment | -5,848,000 | ||||||||||||||||||||||||||||||||||||||||||
gain from disposal of business | -14,388,000 | ||||||||||||||||||||||||||||||||||||||||||
net income per share | |||||||||||||||||||||||||||||||||||||||||||
basic | -0.46 | -0.33 | -0.48 | -0.54 | -0.51 | -0.49 | -0.62 | -0.61 | -0.85 | -0.51 | -0.52 | -0.68 | -0.633 | -0.39 | |||||||||||||||||||||||||||||
diluted | -0.46 | -0.33 | -0.48 | -0.54 | -0.51 | -0.49 | -0.62 | -0.61 | -0.85 | -0.51 | -0.52 | -0.7 | -0.633 | -0.39 | |||||||||||||||||||||||||||||
weighted-average number of shares used in computing basic and diluted net loss per share: | |||||||||||||||||||||||||||||||||||||||||||
basic | 69,555 | 70,456 | 68,224 | 62,831 | 57,848 | 60,570 | 54,551 | 54,132 | 53,312 | 53,447 | 53,088 | 52,758 | 44,944 | ||||||||||||||||||||||||||||||
diluted | 69,555 | 70,456 | 68,224 | 62,831 | 57,848 | 60,570 | 54,551 | 54,132 | 53,604 | 53,447 | 53,088 | 53,043 | 44,944 | ||||||||||||||||||||||||||||||
other revenues | 579,500 | 799,000 | 753,000 | 766,000 | 584,000 | 498,000 | 568,000 | ||||||||||||||||||||||||||||||||||||
interest benefit from changes in the fair value of long term debt | 1,276,000 | 1,810,000 | -322,000 | ||||||||||||||||||||||||||||||||||||||||
basic and diluted net loss per share | -0.73 | -0.5 | -0.46 | -0.17 | |||||||||||||||||||||||||||||||||||||||
weighted-average number of shares used in computing basic and diluted net loss per share | 51,576 | 52,012 | 51,445 | 50,439 | 26,204 | ||||||||||||||||||||||||||||||||||||||
interest expense from changes in the fair value of long-term debt | |||||||||||||||||||||||||||||||||||||||||||
interest expense from changes in the fair value of long term debt | |||||||||||||||||||||||||||||||||||||||||||
cost and expenses: | |||||||||||||||||||||||||||||||||||||||||||
gain from operations | -17,348,000 | -20,741,000 | |||||||||||||||||||||||||||||||||||||||||
other income | -6,774,000 | 2,478,000 | -2,684,000 | ||||||||||||||||||||||||||||||||||||||||
unrealized gain on available-for-sale securities | 9,000 | 36,000 | |||||||||||||||||||||||||||||||||||||||||
comprehensive income | -11,819,750 | -17,594,000 | |||||||||||||||||||||||||||||||||||||||||
net income attributable to common shares: | |||||||||||||||||||||||||||||||||||||||||||
basic | -11,828,750 | -17,630,000 | |||||||||||||||||||||||||||||||||||||||||
diluted | -11,828,750 | -17,630,000 | |||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares used in computing net loss per share: | |||||||||||||||||||||||||||||||||||||||||||
basic | 69,555 | 70,456 | 68,224 | 62,831 | 57,848 | 60,570 | 54,551 | 54,132 | 53,312 | 53,447 | 53,088 | 52,758 | 44,944 | ||||||||||||||||||||||||||||||
diluted | 69,555 | 70,456 | 68,224 | 62,831 | 57,848 | 60,570 | 54,551 | 54,132 | 53,604 | 53,447 | 53,088 | 53,043 | 44,944 | ||||||||||||||||||||||||||||||
shares used to compute net loss per share attributable to common stockholders: | |||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 5,494 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash | 1,087,932,000 | 1,041,438,000 | 1,000,021,000 | 973,768,000 | 945,587,000 | 892,844,000 | 796,798,000 | 813,817,000 | 642,095,000 | 668,710,000 | 381,113,000 | 403,154,000 | |||||||||||||||||||||||||||||||
accounts receivable | 417,595,000 | 286,379,000 | 309,224,000 | 318,233,000 | 314,165,000 | 306,876,000 | 335,936,000 | 288,748,000 | 278,289,000 | 255,147,000 | 260,065,000 | 246,785,000 | 244,385,000 | 236,362,000 | 208,312,000 | 167,862,000 | 122,074,000 | 110,416,000 | 100,130,000 | 87,562,000 | 78,565,000 | 70,674,000 | 58,706,000 | 61,577,000 | 53,351,000 | 58,905,000 | 62,974,000 | 60,293,000 | 62,223,000 | 60,397,000 | 57,002,000 | 50,326,000 | 8,252,000 | 7,342,000 | 7,107,000 | 7,478,000 | 13,396,000 | 9,408,000 | 6,171,000 | 6,105,000 | 5,862,000 | 5,820,000 | 5,273,000 |
inventory | 70,721,000 | 64,644,000 | 54,272,000 | 50,367,000 | 44,744,000 | 48,724,000 | 40,985,000 | 43,024,000 | 40,759,000 | 42,076,000 | 42,688,000 | 40,683,000 | 35,406,000 | 40,428,000 | 30,465,000 | 25,048,000 | 26,909,000 | 28,022,000 | 28,409,000 | 23,676,000 | 20,031,000 | 20,377,000 | 18,033,000 | 14,161,000 | 12,394,000 | 12,514,000 | 15,236,000 | 13,748,000 | 13,633,000 | 12,244,000 | 12,324,000 | 11,911,000 | 8,998,000 | 9,188,000 | 7,359,000 | 8,223,000 | 6,414,000 | 9,249,000 | 8,893,000 | 6,689,000 | 8,093,000 | 12,724,000 | 14,633,000 |
prepaid expenses and other current assets | 75,565,000 | 53,862,000 | 52,104,000 | 56,185,000 | 48,635,000 | 44,631,000 | 37,798,000 | 46,734,000 | 60,524,000 | 33,496,000 | 26,818,000 | 29,988,000 | 33,634,000 | 31,599,000 | 24,041,000 | 35,130,000 | 29,645,000 | 28,858,000 | 30,878,000 | 26,430,000 | 26,606,000 | 15,227,000 | 15,536,000 | 15,590,000 | 16,376,000 | 13,954,000 | 5,721,000 | 5,555,000 | 6,197,000 | 6,399,000 | 7,225,000 | 5,915,000 | 8,612,000 | 6,437,000 | 5,748,000 | 7,907,000 | 7,097,000 | 9,394,000 | 5,633,000 | 3,927,000 | 5,337,000 | 4,982,000 | 3,537,000 |
total current assets | 1,651,813,000 | 1,447,323,000 | 1,431,596,000 | 1,416,385,000 | 1,375,820,000 | 1,322,565,000 | 1,301,816,000 | 1,261,444,000 | 1,258,549,000 | 1,267,276,000 | 1,065,512,000 | 1,129,468,000 | 1,211,817,000 | 829,629,000 | 901,555,000 | 980,226,000 | 1,093,138,000 | 1,191,223,000 | 739,888,000 | 791,403,000 | 862,663,000 | 916,012,000 | 663,504,000 | 497,208,000 | 523,167,000 | 323,737,000 | 321,967,000 | 208,081,000 | 240,518,000 | 248,688,000 | 165,370,000 | 187,523,000 | 144,788,000 | 169,240,000 | 123,104,000 | 140,161,000 | 174,115,000 | 212,278,000 | 237,175,000 | 248,625,000 | 250,726,000 | 246,293,000 | 85,831,000 |
property and equipment | 269,379,000 | 206,496,000 | 189,224,000 | 180,453,000 | 162,046,000 | 142,170,000 | 133,280,000 | 125,791,000 | 111,210,000 | 104,830,000 | 102,921,000 | 100,587,000 | 92,453,000 | 87,486,000 | 81,772,000 | 78,361,000 | 65,516,000 | 59,293,000 | 48,884,000 | 40,177,000 | 33,348,000 | 28,249,000 | 25,925,000 | 26,718,000 | 23,283,000 | 19,027,000 | 22,039,000 | 23,302,000 | 24,336,000 | 24,833,000 | 25,313,000 | 26,878,000 | 29,667,000 | 30,417,000 | 31,268,000 | 31,752,000 | 32,289,000 | 25,616,000 | 19,096,000 | 15,098,000 | 12,710,000 | 13,992,000 | 15,047,000 |
operating lease right-of-use assets | 133,987,000 | 96,988,000 | 95,128,000 | 94,631,000 | 86,149,000 | 87,856,000 | 52,582,000 | 54,553,000 | 56,537,000 | 58,206,000 | 61,942,000 | 69,537,000 | 71,874,000 | 73,791,000 | 62,147,000 | 64,401,000 | 59,013,000 | 47,656,000 | 48,337,000 | 49,526,000 | 21,399,000 | 20,296,000 | 21,475,000 | 22,620,000 | 23,730,000 | 24,807,000 | 26,229,000 | 27,260,000 | |||||||||||||||
goodwill | 140,857,000 | ||||||||||||||||||||||||||||||||||||||||||
intangible assets | 367,362,000 | ||||||||||||||||||||||||||||||||||||||||||
other assets | 51,000,000 | 70,675,000 | 41,118,000 | 40,897,000 | 36,720,000 | 38,356,000 | 29,311,000 | 26,417,000 | 15,403,000 | 16,208,000 | 17,518,000 | 19,288,000 | 18,330,000 | 18,206,000 | 21,502,000 | 21,676,000 | 18,820,000 | 13,202,000 | 12,847,000 | 12,406,000 | 14,743,000 | 12,156,000 | 12,357,000 | 12,093,000 | 12,476,000 | 12,679,000 | 13,091,000 | 2,802,000 | 3,317,000 | 3,446,000 | 3,336,000 | 3,912,000 | 3,979,000 | 4,057,000 | 3,711,000 | 3,769,000 | 3,934,000 | 4,149,000 | 4,654,000 | 1,683,000 | 1,121,000 | 654,000 | 4,446,000 |
total assets | 2,614,398,000 | 1,821,482,000 | 1,757,066,000 | 1,732,366,000 | 1,660,735,000 | 1,590,947,000 | 1,516,989,000 | 1,468,205,000 | 1,441,699,000 | 1,446,520,000 | 1,247,893,000 | 1,318,880,000 | 1,394,474,000 | 1,009,112,000 | 1,066,976,000 | 1,144,664,000 | 1,236,487,000 | 1,311,374,000 | 849,956,000 | 893,512,000 | 932,153,000 | 976,713,000 | 723,261,000 | 558,639,000 | 582,656,000 | 380,250,000 | 383,326,000 | 261,445,000 | 268,171,000 | 277,309,000 | 194,361,000 | 218,655,000 | 178,776,000 | 204,056,000 | 158,425,000 | 176,024,000 | 210,680,000 | 242,385,000 | 261,267,000 | 265,748,000 | 265,240,000 | 262,367,000 | 106,752,000 |
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||
accounts payable | 62,397,000 | 46,499,000 | 36,879,000 | 39,240,000 | 34,922,000 | 27,834,000 | 33,100,000 | 26,038,000 | 14,998,000 | 21,321,000 | 21,107,000 | 36,123,000 | 31,148,000 | 34,225,000 | 28,192,000 | 18,070,000 | 27,206,000 | 8,181,000 | 20,307,000 | 4,682,000 | 8,096,000 | 9,250,000 | 3,450,000 | 8,369,000 | 8,604,000 | 9,236,000 | 8,319,000 | 8,917,000 | 14,587,000 | 9,884,000 | 7,689,000 | 8,608,000 | 8,529,000 | 3,753,000 | 10,389,000 | 6,610,000 | 11,479,000 | 8,811,000 | 9,194,000 | 8,980,000 | 7,332,000 | 6,067,000 | 8,949,000 |
accrued compensation | 143,810,000 | 77,439,000 | 55,025,000 | 47,086,000 | 62,114,000 | 49,051,000 | 41,487,000 | 39,577,000 | 45,857,000 | 39,415,000 | 34,174,000 | 39,231,000 | 44,010,000 | 42,226,000 | 32,959,000 | 32,396,000 | 40,941,000 | 35,331,000 | 30,842,000 | 25,870,000 | 30,371,000 | 22,450,000 | 16,583,000 | 15,953,000 | 16,088,000 | 14,238,000 | 10,149,000 | 10,818,000 | 12,668,000 | 9,587,000 | 8,615,000 | 9,933,000 | 9,599,000 | 9,428,000 | 8,106,000 | 9,328,000 | 11,067,000 | 10,214,000 | 9,095,000 | 8,899,000 | 8,552,000 | 7,627,000 | 7,011,000 |
contingent consideration payable, current portion | 22,350,000 | ||||||||||||||||||||||||||||||||||||||||||
deferred revenue, current portion | 36,852,000 | 21,786,000 | 21,560,000 | 20,557,000 | 19,754,000 | 17,886,000 | 18,367,000 | 17,705,000 | 16,612,000 | 15,012,000 | 15,644,000 | 16,579,000 | 10,777,000 | 7,932,000 | 16,009,000 | 13,914,000 | 7,404,000 | 9,667,000 | 10,647,000 | 9,069,000 | 50,125,000 | 51,227,000 | 52,392,000 | 51,840,000 | 56,016,000 | 25,667,000 | 19,154,000 | 4,928,000 | 4,131,000 | 1,156,000 | 1,174,000 | 1,443,000 | |||||||||||
short-term debt financing | 80,305,000 | 80,341,000 | 80,338,000 | 80,345,000 | 80,362,000 | 80,469,000 | 80,389,000 | 80,401,000 | 80,402,000 | 80,435,000 | 80,418,000 | 80,398,000 | 80,350,000 | 50,147,000 | 50,086,000 | 50,055,000 | 50,052,000 | 50,049,000 | 50,049,000 | 50,052,000 | 50,054,000 | 50,052,000 | 50,053,000 | 50,087,000 | 50,123,000 | 50,131,000 | 50,146,000 | 50,154,000 | 50,153,000 | 50,135,000 | 50,132,000 | 50,125,000 | 50,112,000 | 50,097,000 | 50,022,000 | 49,807,000 | 49,624,000 | 49,473,000 | 49,327,000 | 42,205,000 | 42,090,000 | ||
other accrued liabilities | 212,543,000 | 215,951,000 | 191,034,000 | 178,449,000 | 146,893,000 | 126,176,000 | 141,231,000 | 142,228,000 | 149,405,000 | 133,740,000 | 125,513,000 | 118,638,000 | 144,214,000 | 132,751,000 | 124,372,000 | 116,637,000 | 93,353,000 | 96,486,000 | 86,143,000 | 77,296,000 | 60,407,000 | 62,893,000 | 53,082,000 | 50,393,000 | 49,043,000 | 38,702,000 | 39,157,000 | 37,839,000 | 32,442,000 | 31,067,000 | 30,520,000 | 31,523,000 | 33,207,000 | 23,022,000 | 25,612,000 | 23,928,000 | 19,879,000 | 23,347,000 | 23,586,000 | 20,715,000 | 18,708,000 | 17,488,000 | 14,024,000 |
total current liabilities | 558,257,000 | 442,016,000 | 384,836,000 | 365,677,000 | 344,045,000 | 301,416,000 | 314,574,000 | 305,949,000 | 307,274,000 | 289,923,000 | 276,856,000 | 290,969,000 | 310,499,000 | 267,281,000 | 251,618,000 | 231,072,000 | 218,956,000 | 199,714,000 | 197,988,000 | 166,969,000 | 199,053,000 | 195,872,000 | 175,560,000 | 176,642,000 | 179,874,000 | 137,974,000 | 126,925,000 | 112,656,000 | 113,981,000 | 101,829,000 | 98,130,000 | 104,383,000 | 105,511,000 | 91,530,000 | 98,270,000 | 93,015,000 | 96,415,000 | 95,979,000 | 95,488,000 | 84,153,000 | 80,475,000 | 35,028,000 | 38,515,000 |
contingent consideration payable, long-term portion | 103,204,000 | ||||||||||||||||||||||||||||||||||||||||||
deferred tax liability, long-term portion | 701,000 | ||||||||||||||||||||||||||||||||||||||||||
operating lease liabilities, long-term portion | 144,953,000 | 104,380,000 | 102,741,000 | 103,056,000 | 96,588,000 | 98,953,000 | 61,225,000 | 64,160,000 | 67,025,000 | 68,287,000 | 71,093,000 | 73,854,000 | 76,577,000 | 78,469,000 | 65,417,000 | 67,477,000 | 61,036,000 | 48,388,000 | 49,519,000 | 50,811,000 | 21,246,000 | 21,444,000 | 23,115,000 | 24,727,000 | 26,297,000 | 27,825,000 | 29,275,000 | 30,674,000 | |||||||||||||||
deferred revenue, long-term portion | 16,999,000 | 19,128,000 | 21,033,000 | 21,502,000 | 21,511,000 | 20,001,000 | 20,405,000 | 20,721,000 | 20,543,000 | 21,318,000 | 22,706,000 | 23,562,000 | 23,816,000 | 22,805,000 | 23,128,000 | 22,533,000 | 25,152,000 | 23,808,000 | 56,174,000 | 60,527,000 | 39,698,000 | 40,058,000 | 36,850,000 | 36,135,000 | 35,462,000 | ||||||||||||||||||
other liabilities | 16,266,000 | ||||||||||||||||||||||||||||||||||||||||||
total liabilities | 840,380,000 | 569,294,000 | 510,884,000 | 492,691,000 | 465,315,000 | 712,422,000 | 680,469,000 | 674,094,000 | 676,372,000 | 661,862,000 | 651,746,000 | 668,307,000 | 688,730,000 | 647,491,000 | 622,394,000 | 602,329,000 | 583,183,000 | 552,357,000 | 550,846,000 | 521,067,000 | 445,917,000 | 440,713,000 | 418,994,000 | 299,712,000 | 303,945,000 | 295,556,000 | 290,238,000 | 256,459,000 | 236,009,000 | 220,738,000 | 216,398,000 | 222,531,000 | 189,146,000 | 173,872,000 | 107,517,000 | 102,352,000 | 104,204,000 | 102,071,000 | 97,452,000 | 84,153,000 | 80,475,000 | 56,304,000 | 63,941,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||
common stock | 14,000 | 14,000 | 14,000 | 14,000 | 12,000 | 12,000 | 12,000 | 12,000 | 11,000 | 11,000 | 11,000 | 11,000 | 11,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 9,000 | 9,000 | 9,000 | 9,000 | 8,000 | 8,000 | 8,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 5,000 | 6,000 | 6,000 | 6,000 | 5,000 | 5,000 | 1,000 |
additional paid-in capital | 4,635,319,000 | 4,075,641,000 | 3,982,191,000 | 3,874,656,000 | 3,393,369,000 | 3,320,365,000 | 3,241,326,000 | 3,089,448,000 | 2,795,714,000 | 2,741,932,000 | 976,955,000 | ||||||||||||||||||||||||||||||||
accumulated deficit | -2,861,113,000 | -2,823,280,000 | -2,735,736,000 | -2,634,798,000 | -2,567,862,000 | -2,514,091,000 | -2,482,499,000 | -2,445,035,000 | -2,377,436,000 | -2,299,405,000 | -2,190,375,000 | -2,079,572,000 | -1,942,635,000 | -1,800,062,000 | -1,678,582,000 | -1,533,431,000 | -1,394,836,000 | -1,254,272,000 | -1,102,999,000 | -986,973,000 | -929,318,000 | -852,906,000 | -794,583,000 | -734,946,000 | -699,171,000 | -663,988,000 | -640,851,000 | -608,435,000 | -574,529,000 | -542,688,000 | -513,072,000 | -479,248,000 | -482,162,000 | -436,660,000 | -409,541,000 | -381,809,000 | -345,848,000 | -307,941,000 | -281,924,000 | -258,769,000 | -250,083,000 | -227,123,000 | -209,494,000 |
accumulated other comprehensive loss | -202,000 | -187,000 | -287,000 | -197,000 | -344,000 | -765,000 | -1,358,000 | -2,192,000 | -3,085,000 | -5,396,000 | -9,203,000 | -11,798,000 | -16,362,000 | -19,609,000 | -16,397,000 | -13,904,000 | 919,000 | -266,000 | -552,000 | -894,000 | -858,000 | -904,000 | -766,000 | -396,000 | -463,000 | -525,000 | -725,000 | -1,416,000 | |||||||||||||||
total stockholders’ equity | 1,774,018,000 | 1,252,188,000 | 1,246,182,000 | 1,239,675,000 | 1,195,420,000 | 878,525,000 | 836,520,000 | 794,111,000 | 765,327,000 | 784,658,000 | 596,147,000 | 650,573,000 | 705,744,000 | 361,621,000 | 444,582,000 | 542,335,000 | 653,304,000 | 759,017,000 | 299,110,000 | 372,445,000 | 486,236,000 | 536,000,000 | 304,267,000 | 258,927,000 | 278,711,000 | 84,694,000 | 93,088,000 | 4,986,000 | 32,162,000 | 56,571,000 | 30,184,000 | 50,908,000 | 73,672,000 | 106,476,000 | 140,314,000 | 163,815,000 | 181,595,000 | 184,765,000 | 206,063,000 | ||||
total liabilities and stockholders’ equity | 2,614,398,000 | 1,821,482,000 | 1,757,066,000 | 1,732,366,000 | 1,660,735,000 | 1,590,947,000 | 1,516,989,000 | 1,468,205,000 | 1,441,699,000 | 1,446,520,000 | 1,247,893,000 | 1,318,880,000 | 1,394,474,000 | 1,009,112,000 | 1,066,976,000 | 1,144,664,000 | 1,236,487,000 | 1,311,374,000 | 849,956,000 | 893,512,000 | 932,153,000 | 976,713,000 | 723,261,000 | 558,639,000 | 582,656,000 | 380,250,000 | 383,326,000 | 261,445,000 | 268,171,000 | 277,309,000 | 194,361,000 | 218,655,000 | 178,776,000 | 204,056,000 | 158,425,000 | 176,024,000 | 210,680,000 | 242,385,000 | 261,267,000 | 265,748,000 | |||
short-term investments | 1,000,000 | 15,975,000 | 17,832,000 | 22,689,000 | 29,490,000 | 90,299,000 | 69,121,000 | 236,882,000 | 267,847,000 | 354,828,000 | 408,858,000 | 432,301,000 | 464,112,000 | 547,353,000 | 593,660,000 | 829,896,000 | 928,596,000 | 517,432,000 | 588,446,000 | 688,606,000 | 600,205,000 | 493,852,000 | 331,681,000 | 379,065,000 | 186,700,000 | 208,053,000 | 93,805,000 | 107,461,000 | 130,891,000 | 70,901,000 | 80,023,000 | 106,247,000 | 135,017,000 | 94,988,000 | 106,692,000 | 130,860,000 | 157,717,000 | 198,647,000 | 196,597,000 | 201,586,000 | 26,389,000 | ||
deferred revenue, long-term portion and other liabilities | 22,898,000 | 23,307,000 | 23,958,000 | 24,682,000 | 25,504,000 | 21,066,000 | 20,712,000 | ||||||||||||||||||||||||||||||||||||
long-term debt financing | 286,549,000 | 283,604,000 | 283,273,000 | 282,945,000 | 282,619,000 | 282,295,000 | 281,973,000 | 281,653,000 | 281,336,000 | 281,020,000 | 280,706,000 | 280,394,000 | 280,085,000 | 279,777,000 | 279,471,000 | 202,493,000 | 199,959,000 | 197,476,000 | 72,881,000 | 73,656,000 | 73,583,000 | 73,511,000 | 73,431,000 | 73,357,000 | 73,284,000 | 73,211,000 | 73,138,000 | 73,065,000 | 73,202,000 | ||||||||||||||
additional paid in capital | 3,763,614,000 | 3,145,837,000 | 2,664,730,000 | 2,181,282,000 | 2,139,551,000 | 2,089,660,000 | 2,050,417,000 | 2,011,788,000 | 1,399,659,000 | 1,356,212,000 | 1,411,286,000 | 1,383,727,000 | 1,093,072,000 | 988,199,000 | 747,817,000 | 733,137,000 | 613,680,000 | 607,236,000 | 600,146,000 | 491,887,000 | 476,270,000 | 472,552,000 | 467,234,000 | 460,906,000 | 456,000,000 | 453,044,000 | 447,915,000 | 444,790,000 | 439,962,000 | 436,259,000 | 433,145,000 | 11,719,000 | |||||||||||
cash and cash equivalents | 466,005,000 | 57,042,000 | 91,298,000 | 158,298,000 | 84,386,000 | 95,103,000 | 62,811,000 | 65,126,000 | 48,668,000 | 209,351,000 | 77,322,000 | 74,144,000 | 61,926,000 | 51,609,000 | 29,928,000 | 34,281,000 | 46,407,000 | 34,535,000 | 12,306,000 | 33,674,000 | 12,620,000 | 11,211,000 | 7,138,000 | 9,086,000 | 15,256,000 | 25,322,000 | 16,557,000 | 33,985,000 | 28,947,000 | 196,192,000 | |||||||||||||
restricted cash | 86,000 | 86,000 | 86,000 | 228,000 | 228,000 | 228,000 | 228,000 | 163,000 | 187,000 | 178,000 | 55,000 | 55,000 | 55,000 | 55,000 | |||||||||||||||||||||||||||||
other long-term liabilities | 3,618,000 | 2,531,000 | 1,479,000 | 1,464,000 | 320,000 | 310,000 | 310,000 | 310,000 | 310,000 | 1,329,000 | |||||||||||||||||||||||||||||||||
accumulated other comprehensive gain | -2,287,000 | 1,491,000 | 2,441,000 | 3,197,000 | 4,259,000 | ||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 5,170,000 | 5,770,000 | 5,666,000 | 858,000 | 795,000 | 334,000 | 943,000 | 396,000 | 36,000 | ||||||||||||||||||||||||||||||||||
restricted cash, current portion | 55,000 | 399,000 | 4,597,000 | 4,222,000 | 5,612,000 | 5,674,000 | 59,000 | 45,000 | 764,000 | 775,000 | 1,092,000 | 1,188,000 | 1,274,000 | 1,322,000 | 901,000 | 186,000 | 145,000 | ||||||||||||||||||||||||||
deferred rent, net of current portion | 8,613,000 | 8,775,000 | 8,922,000 | 9,548,000 | 9,241,000 | 9,140,000 | 9,247,000 | 9,337,000 | 7,789,000 | 6,092,000 | |||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value: 50,000 shares authorized; no shares issued and outstanding at december 31, 2019 and 2018, respectively | |||||||||||||||||||||||||||||||||||||||||||
restricted cash, long-term portion | 342,000 | 342,000 | 342,000 | ||||||||||||||||||||||||||||||||||||||||
warrants | 2,751,000 | 2,644,000 | 4,189,000 | 3,472,000 | 2,750,000 | 3,792,000 | 3,558,000 | 3,955,000 | 3,139,000 | 3,649,000 | 3,741,000 | 6,157,000 | |||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value: 50,000 shares authorized; no shares issued and outstanding at december 31, 2018 and 2017, respectively | |||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||
total stockholders’ (deficit) equity | -22,037,000 | -3,876,000 | -10,370,000 | ||||||||||||||||||||||||||||||||||||||||
restricted cash, long term portion | 342,000 | 342,000 | 342,000 | 342,000 | 342,000 | 342,000 | 342,000 | 342,000 | 683,000 | 1,428,000 | 1,428,000 | ||||||||||||||||||||||||||||||||
deferred revenue | 1,420,000 | 1,041,000 | 669,000 | 592,000 | 574,000 | 576,000 | 331,000 | 215,000 | 144,000 | 105,000 | 34,000 | ||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value: 50,000 shares authorized; no shares issued and outstanding at december 31, 2017 and 2016, respectively | |||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value: 50,000 shares authorized; no shares issued and outstanding at december 31, 2016 and 2015, respectively | |||||||||||||||||||||||||||||||||||||||||||
deferred rent | 1,964,000 | ||||||||||||||||||||||||||||||||||||||||||
liabilities, convertible preferred stock, and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||
equipment loan, current portion | 2,340,000 | ||||||||||||||||||||||||||||||||||||||||||
equipment loan, long term portion | 2,340,000 | ||||||||||||||||||||||||||||||||||||||||||
senior secured term loan | 21,276,000 | 23,086,000 | |||||||||||||||||||||||||||||||||||||||||
total long-term liabilities | 21,276,000 | 25,426,000 | |||||||||||||||||||||||||||||||||||||||||
convertible preferred stock, issuable in series, 0.0001 par value: 51,233 shares authorized at december 31, 2014, 31,397 shares issued and outstanding at december 31, 2014; aggregate liquidation preference of 133,757 at december 31, 2014 | |||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value: 50,000 shares authorized; no shares issued and outstanding at december 31, 2015 and 2014, respectively | |||||||||||||||||||||||||||||||||||||||||||
notes receivable from officers | |||||||||||||||||||||||||||||||||||||||||||
total liabilities, convertible preferred stock, and stockholders’ equity | 265,240,000 | 262,367,000 | |||||||||||||||||||||||||||||||||||||||||
liabilities, preferred stock, and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock issuable in series, 0.0001 par value: 50,000 and 51,233 shares authorized as of september 30, 2015 and december 31, 2014, respectively, 0 and 31,397 shares issued and outstanding as of september 30, 2015 and december 31, 2014, respectively; aggregate liquidation preference of 0 and 133,757 as of september 30, 2015 and december 31, 2014, respectively | |||||||||||||||||||||||||||||||||||||||||||
cash | 62,243,000 | ||||||||||||||||||||||||||||||||||||||||||
liabilities, preferred stock, and stockholders’ (deficit) equity | |||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock | 240,585,000 | ||||||||||||||||||||||||||||||||||||||||||
stockholders’ deficit: | |||||||||||||||||||||||||||||||||||||||||||
total stockholders’ deficit | -197,774,000 | ||||||||||||||||||||||||||||||||||||||||||
total liabilities, convertible preferred stock, and stockholders’ deficit | 106,752,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | ||||||||||||||||||||||||||||||||||||||||||
net loss | -85,091,000 | -87,544,000 | -100,938,000 | -66,936,000 | -31,592,000 | -37,464,000 | -67,599,000 | -78,031,000 | -109,030,000 | -110,803,000 | -136,937,000 | -121,480,000 | -145,151,000 | -138,595,000 | -151,273,000 | -116,026,000 | -63,853,000 | -76,412,000 | -58,322,000 | -59,637,000 | -35,372,000 | -23,137,000 | -32,416,000 | -34,091,000 | -31,841,000 | -29,616,000 | -33,824,000 | -32,873,000 | -45,502,000 | -27,119,000 | -27,732,000 | -35,961,000 | -37,907,000 | -26,017,000 | -23,156,000 | -8,685,000 | -22,960,000 | |||||
adjustments to reconcile net loss to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 14,517,000 | 10,292,000 | 9,859,000 | 9,237,000 | 8,200,000 | 7,915,000 | 7,063,000 | 6,911,000 | 6,985,000 | 5,124,000 | 5,077,000 | 3,930,000 | 5,141,000 | 4,629,000 | 3,002,000 | 2,995,000 | 2,997,000 | 2,713,000 | 2,549,000 | 2,179,000 | 2,210,000 | 1,826,000 | 1,969,000 | 2,032,000 | 1,920,000 | 1,927,000 | 1,895,000 | 1,819,000 | 1,860,000 | 1,823,000 | 1,700,000 | 1,862,000 | 1,758,000 | 1,999,000 | 1,749,000 | 1,234,000 | 1,194,000 | 1,172,000 | 1,389,000 | |||
amortization of acquired intangible assets | 5,709,000 | |||||||||||||||||||||||||||||||||||||||||
amortization of premiums and accretion of purchase discounts on investment securities | 13,000 | 10,000 | 9,000 | |||||||||||||||||||||||||||||||||||||||
non-cash settlement expense | 1,226,000 | |||||||||||||||||||||||||||||||||||||||||
non-cash lease expense | 5,931,000 | 5,403,000 | 4,959,000 | 4,389,000 | 3,965,000 | 3,611,000 | 3,593,000 | 3,508,000 | 3,560,000 | 3,645,000 | 3,806,000 | 3,781,000 | 3,337,000 | 3,347,000 | 3,305,000 | 2,820,000 | 2,749,000 | 2,686,000 | 2,671,000 | 1,939,000 | 1,940,000 | 1,940,000 | 1,958,000 | 1,959,000 | 1,890,000 | |||||||||||||||||
stock-based compensation | 95,107,000 | 90,637,000 | 93,358,000 | 77,827,000 | 70,644,000 | 67,411,000 | 64,447,000 | 48,912,000 | 57,731,000 | 44,470,000 | 40,695,000 | 35,986,000 | 40,338,000 | 40,973,000 | 35,087,000 | 30,422,000 | 26,462,000 | 35,103,000 | 23,232,000 | 15,032,000 | 11,957,000 | 7,417,000 | 10,247,000 | 5,804,000 | 4,051,000 | 4,060,000 | 3,616,000 | 3,368,000 | 3,154,000 | 2,996,000 | 2,986,000 | 2,877,000 | 2,543,000 | 2,636,000 | 2,673,000 | 2,896,000 | 2,396,000 | |||||
change in fair value of warrants and preferred stock of related party equity investment | -166,000 | 0 | ||||||||||||||||||||||||||||||||||||||||
revaluation of contingent consideration | 6,120,000 | |||||||||||||||||||||||||||||||||||||||||
foreign exchange adjustment | 258,000 | 17,000 | -106,000 | 138,000 | -21,000 | 18,000 | 359,000 | 0 | 0 | 0 | 265,000 | |||||||||||||||||||||||||||||||
non-cash interest expense | -18,000 | 4,000 | -7,000 | -17,000 | 2,693,000 | -12,000 | -1,000 | -33,000 | 17,000 | 20,000 | 48,000 | |||||||||||||||||||||||||||||||
non-cash expense recovery | -596,000 | -362,000 | -361,000 | -361,000 | ||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||
accounts receivable | -121,067,000 | 22,845,000 | 9,009,000 | -4,068,000 | 29,060,000 | -47,188,000 | -10,459,000 | -23,142,000 | 4,918,000 | -13,280,000 | -2,400,000 | -7,178,000 | -29,165,000 | -41,619,000 | -46,119,000 | -11,121,000 | -10,604,000 | -12,631,000 | -8,997,000 | -11,968,000 | 2,814,000 | -8,786,000 | -1,662,000 | -2,974,000 | 2,145,000 | -1,633,000 | -3,606,000 | -6,570,000 | -6,284,000 | -1,146,000 | -383,000 | 511,000 | 6,019,000 | -4,618,000 | -3,111,000 | -311,000 | -478,000 | -293,000 | -706,000 | |||
inventory | -2,278,000 | -10,372,000 | -3,905,000 | -5,623,000 | -7,740,000 | 2,040,000 | -2,265,000 | 1,316,000 | 612,000 | -2,004,000 | -5,277,000 | 5,115,000 | -9,635,000 | -5,469,000 | 1,732,000 | 1,211,000 | 274,000 | -5,025,000 | -3,966,000 | -2,393,000 | -3,707,000 | -1,703,000 | 2,215,000 | -1,599,000 | -216,000 | -1,423,000 | 0 | -518,000 | -2,959,000 | 101,000 | -2,055,000 | 822,000 | -1,954,000 | 725,000 | -356,000 | -2,204,000 | 1,404,000 | 4,792,000 | 1,228,000 | |||
operating lease right-of-use assets | 255,000 | |||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other assets | -17,064,000 | -2,387,000 | 2,759,000 | -9,354,000 | -7,211,000 | 6,446,000 | 14,428,000 | -33,428,000 | -5,234,000 | 10,252,000 | 2,338,000 | 11,093,000 | -6,366,000 | |||||||||||||||||||||||||||||
accounts payable | 21,880,000 | 5,367,000 | 4,600,000 | 2,379,000 | -5,827,000 | 5,936,000 | 10,732,000 | -6,507,000 | 67,000 | -14,780,000 | 5,762,000 | -2,905,000 | 5,875,000 | 10,049,000 | -7,557,000 | 19,039,000 | -12,130,000 | 15,623,000 | -3,310,000 | 3,071,000 | -4,901,000 | 217,000 | 1,184,000 | -912,000 | -5,466,000 | 2,814,000 | 1,751,000 | -835,000 | 51,000 | 4,765,000 | -6,576,000 | 3,930,000 | -1,902,000 | -397,000 | -497,000 | 325,000 | 1,825,000 | 1,252,000 | -2,576,000 | |||
accrued compensation | 98,233,000 | 22,413,000 | 8,752,000 | 17,035,000 | 7,564,000 | 1,912,000 | 17,789,000 | 6,442,000 | 5,241,000 | -5,057,000 | 14,993,000 | 1,784,000 | 9,267,000 | 563,000 | -8,545,000 | 5,609,000 | 4,489,000 | 4,972,000 | -4,501,000 | 5,867,000 | 630,000 | -135,000 | 4,088,000 | -669,000 | -1,850,000 | 3,082,000 | 971,000 | -1,317,000 | 333,000 | 172,000 | 1,322,000 | -1,222,000 | -1,739,000 | 853,000 | 1,119,000 | 196,000 | 347,000 | 925,000 | 616,000 | |||
operating lease liabilities | -5,852,000 | -4,938,000 | -4,802,000 | -4,505,000 | -4,215,000 | -4,147,000 | -4,122,000 | -4,024,000 | -3,228,000 | -3,019,000 | -2,177,000 | -2,170,000 | -1,679,000 | -2,763,000 | -2,765,000 | |||||||||||||||||||||||||||
other accrued liabilities | 12,105,000 | 7,733,000 | 13,598,000 | 26,866,000 | -11,928,000 | -2,973,000 | -7,625,000 | 12,419,000 | 9,103,000 | 7,006,000 | -18,181,000 | 12,228,000 | 5,897,000 | 8,189,000 | 21,336,000 | -2,163,000 | 10,471,000 | 5,772,000 | 18,602,000 | 9,760,000 | 3,254,000 | 3,348,000 | -648,000 | 1,313,000 | 1,018,000 | 1,978,000 | -46,000 | -953,000 | -2,799,000 | 11,195,000 | -3,769,000 | 1,881,000 | 5,612,000 | 5,859,000 | 1,708,000 | -1,759,000 | 1,603,000 | 1,685,000 | 2,658,000 | |||
deferred revenue | 11,882,000 | 178,000 | 789,000 | 671,000 | -1,982,000 | 251,000 | 793,000 | -306,000 | -1,100,000 | -944,000 | 7,312,000 | 2,440,000 | -8,393,000 | 2,274,000 | 5,735,000 | -3,652,000 | -1,836,000 | 1,324,000 | -40,045,000 | -570,000 | -2,068,000 | -2,832,000 | 7,372,000 | 35,055,000 | 437,000 | 6,183,000 | 697,000 | 404,000 | 35,485,000 | 379,000 | 371,000 | 78,000 | 18,000 | -2,000 | 244,000 | 117,000 | 71,000 | |||||
other long-term liabilities | -920,000 | |||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 40,171,000 | -70,563,000 | -74,876,000 | -33,130,000 | -40,980,000 | -35,100,000 | -12,639,000 | -3,932,000 | -31,819,000 | -12,813,000 | -23,271,000 | -35,543,000 | 1,046,000 | -28,143,000 | -30,583,000 | -13,763,000 | -24,303,000 | -29,496,000 | -24,216,000 | -20,661,000 | 471,000 | -4,689,000 | -17,283,000 | |||||||||||||||||||
capital expenditures | -3,921,000 | -5,841,000 | -8,362,000 | 616,000 | -4,615,000 | -5,260,000 | -1,222,000 | -520,000 | -756,000 | -2,110,000 | -543,000 | -375,000 | -852,000 | -720,000 | -1,081,000 | -1,728,000 | -6,338,000 | -8,559,000 | -7,266,000 | -3,827,000 | -3,484,000 | -1,761,000 | 84,000 | |||||||||||||||||||
free cash flows | 36,250,000 | -76,404,000 | -83,238,000 | -32,514,000 | -45,595,000 | -40,360,000 | -13,861,000 | -4,452,000 | -32,575,000 | -14,923,000 | -23,814,000 | -35,918,000 | 194,000 | -28,863,000 | -31,664,000 | -15,491,000 | -30,641,000 | -38,055,000 | -31,482,000 | -24,488,000 | -3,013,000 | -6,450,000 | -17,199,000 | |||||||||||||||||||
investing activities | ||||||||||||||||||||||||||||||||||||||||||
proceeds from maturity of investments | 15,000,000 | 2,000,000 | 5,000,000 | 85,900,000 | 52,435,000 | 169,065,000 | 132,500,000 | 90,250,000 | 56,000,000 | 27,250,000 | 0 | 63,000,000 | 72,500,000 | 81,000,000 | 184,500,000 | 142,900,000 | 65,486,000 | 140,024,000 | 104,500,000 | 49,030,000 | 93,785,000 | 56,000,000 | 30,280,000 | 32,500,000 | 79,000,000 | 25,000,000 | 19,600,000 | 8,000,000 | 106,875,000 | 121,325,000 | 0 | 3,000,000 | 30,500,000 | 16,000,000 | 8,000,000 | 10,000,000 | ||||||
purchases of property and equipment | -22,137,000 | -22,405,000 | -25,897,000 | -21,815,000 | -16,312,000 | -11,678,000 | -20,315,000 | -9,532,000 | -9,101,000 | -8,968,000 | -11,598,000 | -11,827,000 | -12,209,000 | -7,776,000 | -15,885,000 | -9,003,000 | -13,136,000 | -8,631,000 | -10,260,000 | -1,943,000 | -2,213,000 | -7,917,000 | -955,000 | -644,000 | -955,000 | -2,110,000 | -543,000 | -375,000 | -852,000 | -720,000 | -1,081,000 | -1,728,000 | -6,338,000 | -8,559,000 | -7,266,000 | -3,827,000 | -3,484,000 | -1,400,000 | -415,000 | |||
investment in related party | -10,000,000 | |||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -32,137,000 | 59,969,000 | 86,740,000 | -110,341,000 | -165,446,000 | 43,492,000 | 12,917,000 | 21,688,000 | -60,533,000 | 8,626,000 | 25,058,000 | 27,517,000 | -41,239,000 | 9,786,000 | 17,720,000 | 16,938,000 | 32,527,000 | -5,699,000 | 3,261,000 | -177,874,000 | -26,768,000 | |||||||||||||||||||||
financing activities | ||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 3,863,000 | 1,935,000 | 340,000 | 544,000 | 1,720,000 | 2,182,000 | 6,466,000 | 391,000 | 562,000 | 638,000 | 2,301,000 | 440,000 | 1,393,000 | 422,000 | 4,156,000 | 1,042,000 | 3,945,000 | 2,259,000 | 4,570,000 | 4,974,000 | 6,982,000 | 3,826,000 | 4,433,000 | 3,405,000 | 2,578,000 | 1,268,000 | 7,866,000 | 3,632,000 | 565,000 | 481,000 | 895,000 | 526,000 | 413,000 | 873,000 | 454,000 | 962,000 | 1,306,000 | |||||
stock issuance costs | -105,000 | |||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 3,758,000 | 8,344,000 | 4,570,000 | 275,623,000 | 209,604,000 | 3,826,000 | 4,433,000 | 113,147,000 | 2,578,000 | 3,030,000 | 104,643,000 | 5,487,000 | 565,000 | 2,035,000 | 75,895,000 | 2,029,000 | 413,000 | 2,492,000 | 454,000 | 8,932,000 | 1,306,000 | 15,318,000 | 178,000,000 | |||||||||||||||||||
net change in cash, cash equivalents and restricted cash | 11,792,000 | 41,417,000 | 26,253,000 | 28,181,000 | 52,743,000 | 96,046,000 | -17,019,000 | 171,722,000 | -26,615,000 | 287,597,000 | -22,041,000 | -62,937,000 | ||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of period | 1,076,140,000 | 0 | 0 | 945,587,000 | 0 | 0 | 0 | 642,095,000 | 0 | 0 | 466,091,000 | 0 | 0 | 84,614,000 | 0 | 0 | 48,855,000 | 0 | 0 | 61,981,000 | 0 | 0 | 0 | 51,004,000 | 0 | 0 | 0 | 13,021,000 | ||||||||||||||
cash, cash equivalents and restricted cash, end of period | 1,087,932,000 | 41,417,000 | 26,253,000 | 973,768,000 | 96,046,000 | -17,019,000 | 813,817,000 | 287,597,000 | -22,041,000 | 403,154,000 | -34,256,000 | -67,142,000 | 158,526,000 | 32,292,000 | -2,250,000 | 65,289,000 | 132,152,000 | 3,178,000 | 74,199,000 | 21,681,000 | -4,697,000 | 34,680,000 | 11,905,000 | 20,839,000 | -21,430,000 | 39,690,000 | ||||||||||||||||
supplemental disclosure of cash flow information: | ||||||||||||||||||||||||||||||||||||||||||
cash paid for interest | 889,000 | 1,044,000 | 1,029,000 | 1,005,000 | 1,193,000 | 4,413,000 | 1,179,000 | 4,439,000 | 1,311,000 | 4,472,000 | 1,124,000 | 4,052,000 | 396,000 | 3,453,000 | 159,000 | 3,387,000 | 152,000 | 3,386,000 | 152,000 | 161,000 | 485,000 | 61,000 | ||||||||||||||||||||
non-cash investing and financing activities: | ||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment in accounts payable and accruals | 18,216,000 | 3,030,000 | -9,042,000 | 4,223,000 | -1,391,000 | 2,133,000 | 112,000 | 2,750,000 | -1,271,000 | -1,510,000 | 1,613,000 | -2,398,000 | -1,577,000 | -61,000 | 2,096,000 | 216,000 | 269,000 | 2,790,000 | 1,898,000 | 2,559,000 | -2,402,000 | 2,657,000 | -267,000 | 124,000 | 199,000 | |||||||||||||||||
acquisition of warrants and warrants receivable | 7,162,000 | |||||||||||||||||||||||||||||||||||||||||
consideration for business combination | -213,000 | |||||||||||||||||||||||||||||||||||||||||
issuance of common stock for intangible assets | 774,000 | |||||||||||||||||||||||||||||||||||||||||
issuance of common stock for bonuses | 47,026,000 | 0 | 812,000 | 32,063,000 | 0 | 0 | 24,071,000 | 3,000 | 0 | |||||||||||||||||||||||||||||||||
stock-based compensation included in capitalized software development costs | 391,000 | 878,000 | 789,000 | 608,000 | 640,000 | 584,000 | 505,000 | |||||||||||||||||||||||||||||||||||
amortization of debt discount and issuance cost | 333,000 | 330,000 | 328,000 | 326,000 | 324,000 | 322,000 | 320,000 | 318,000 | 316,000 | 313,000 | 312,000 | 310,000 | 307,000 | 306,000 | 304,000 | -2,031,000 | ||||||||||||||||||||||||||
cash from operating activities | 59,387,000 | 37,574,000 | 44,452,000 | 52,887,000 | 51,786,000 | 3,990,000 | 27,001,000 | -29,555,000 | -78,385,000 | -80,890,000 | -102,248,000 | -110,849,000 | -137,277,000 | |||||||||||||||||||||||||||||
purchases of investments | -49,200,000 | 0 | -6,991,000 | -54,979,000 | -24,977,000 | -201,723,000 | -603,318,000 | -28,030,000 | -43,024,000 | -212,898,000 | -212,263,000 | -53,876,000 | -34,833,000 | -143,548,000 | -18,628,000 | -55,202,000 | -94,482,000 | -10,598,000 | -9,986,000 | -88,556,000 | -180,044,000 | -224,000 | -3,995,000 | -5,003,000 | -18,401,000 | -16,039,000 | -14,079,000 | -176,937,000 | ||||||||||||||
proceeds from sale of investments | 33,744,000 | 22,799,000 | 25,044,000 | 166,895,000 | 110,017,000 | 46,419,000 | 0 | 0 | 11,500,000 | 0 | 9,492,000 | -1,000 | 27,896,000 | 9,918,000 | 18,561,000 | 11,738,000 | 25,053,000 | 0 | 42,419,000 | 6,167,000 | 10,599,000 | |||||||||||||||||||||
cash paid for acquisition of intangible assets | 0 | |||||||||||||||||||||||||||||||||||||||||
cash from investing activities | -19,905,000 | -23,897,000 | -16,815,000 | -11,118,000 | 42,540,000 | -32,053,000 | 138,255,000 | 81,149,000 | 47,032,000 | 15,652,000 | 66,599,000 | 34,789,000 | 207,033,000 | |||||||||||||||||||||||||||||
proceeds from the issuance of common stock under the employee stock purchase plan | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||
cash from financing activities | 1,935,000 | 12,576,000 | 544,000 | 10,974,000 | 1,720,000 | 11,044,000 | 6,466,000 | 236,003,000 | 9,312,000 | 2,301,000 | 1,393,000 | 8,918,000 | 4,156,000 | |||||||||||||||||||||||||||||
amounts accrued for acquisition of intangible assets | 0 | |||||||||||||||||||||||||||||||||||||||||
acquisition of warrants | 0 | 1,884,000 | ||||||||||||||||||||||||||||||||||||||||
change in fair value of warrants and preferred stock | -3,235,000 | |||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, end of year | ||||||||||||||||||||||||||||||||||||||||||
expensed in-process research and development | 0 | 0 | 0 | 2,679,000 | 0 | |||||||||||||||||||||||||||||||||||||
proceeds from public offering, net of issuance cost | 0 | 8,000 | ||||||||||||||||||||||||||||||||||||||||
acquisition of warrants and warrant receivable | ||||||||||||||||||||||||||||||||||||||||||
issuance of common stock for ipr&d acquisition | 0 | 0 | 14,435,000 | |||||||||||||||||||||||||||||||||||||||
premium amortization and discount accretion on investment securities | -96,000 | -460,000 | -842,000 | 479,000 | 663,000 | 787,000 | 866,000 | 1,011,000 | 1,170,000 | 1,790,000 | 2,107,000 | 1,917,000 | 1,693,000 | 2,097,000 | 1,446,000 | 1,166,000 | 721,000 | 249,000 | 81,000 | 70,000 | -26,000 | -46,000 | 166,000 | 144,000 | 154,000 | 188,000 | 246,000 | 269,000 | ||||||||||||||
cash paid for acquisition of an asset | -10,495,000 | -4,287,000 | ||||||||||||||||||||||||||||||||||||||||
operating activities: | ||||||||||||||||||||||||||||||||||||||||||
loss on investments | 329,000 | 157,000 | 46,000 | 12,000 | -23,000 | 10,000 | 0 | 32,000 | 8,000 | |||||||||||||||||||||||||||||||||
investing activities: | ||||||||||||||||||||||||||||||||||||||||||
financing activities: | ||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock under employee stock purchase plan | 6,454,000 | 0 | 4,541,000 | 0 | 7,465,000 | 0 | 0 | 0 | 1,762,000 | 0 | 1,841,000 | 0 | 1,619,000 | |||||||||||||||||||||||||||||
proceeds from credit line | ||||||||||||||||||||||||||||||||||||||||||
beginning cash, cash equivalents and restricted cash | ||||||||||||||||||||||||||||||||||||||||||
ending cash, cash equivalents and restricted cash | ||||||||||||||||||||||||||||||||||||||||||
cash paid for income taxes | ||||||||||||||||||||||||||||||||||||||||||
issuance of common stock for ipr&d milestone | ||||||||||||||||||||||||||||||||||||||||||
amortization of other assets | 143,000 | |||||||||||||||||||||||||||||||||||||||||
issuance of common stock for bonus | 19,771,000 | |||||||||||||||||||||||||||||||||||||||||
net income | ||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||
inventory reserve adjustments | -92,000 | -329,000 | 53,000 | 128,000 | -98,000 | 114,000 | 296,000 | 316,000 | ||||||||||||||||||||||||||||||||||
(gain) loss on investments | ||||||||||||||||||||||||||||||||||||||||||
unrealized losses on investment securities | 10,000 | -281,000 | ||||||||||||||||||||||||||||||||||||||||
other non-cash benefits | 202,000 | 61,000 | 35,000 | 4,000 | -39,000 | 16,000 | 61,000 | 56,000 | ||||||||||||||||||||||||||||||||||
benefit from credit losses | ||||||||||||||||||||||||||||||||||||||||||
loss on debt extinguishment | -11,696,000 | 0 | ||||||||||||||||||||||||||||||||||||||||
accretion of convertible note | ||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | -1,882,000 | -2,694,000 | -385,000 | -7,435,000 | -31,000 | -1,678,000 | -2,383,000 | -3,227,000 | -4,857,000 | -2,329,000 | -2,135,000 | 272,000 | 807,000 | -960,000 | 2,524,000 | -2,175,000 | -689,000 | 2,159,000 | -810,000 | 1,980,000 | -3,761,000 | -1,706,000 | 1,410,000 | -129,000 | -1,445,000 | |||||||||||||||||
other assets | 194,000 | -2,383,000 | -527,000 | -2,000 | 0 | 99,000 | 200,000 | -9,700,000 | 201,000 | 33,000 | -113,000 | 200,000 | 215,000 | 124,000 | 253,000 | 58,000 | 165,000 | 216,000 | -2,496,000 | 29,000 | -561,000 | -468,000 | -236,000 | |||||||||||||||||||
other long term liabilities | ||||||||||||||||||||||||||||||||||||||||||
proceeds from convertible note, net of issuance costs | ||||||||||||||||||||||||||||||||||||||||||
loan payment | 0 | |||||||||||||||||||||||||||||||||||||||||
net increase in cash equivalents and restricted cash | ||||||||||||||||||||||||||||||||||||||||||
beginning - cash equivalents & restricted cash | ||||||||||||||||||||||||||||||||||||||||||
ending - cash equivalents and restricted cash | ||||||||||||||||||||||||||||||||||||||||||
provision for credit losses | 1,114,000 | 1,170,000 | 331,000 | 317,000 | 0 | 58,000 | 1,387,000 | |||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents and restricted cash | -34,256,000 | -67,142,000 | 73,912,000 | 32,292,000 | -2,250,000 | 16,434,000 | 132,152,000 | 3,178,000 | 12,218,000 | 10,317,000 | 21,681,000 | -4,697,000 | -16,324,000 | 11,905,000 | 20,839,000 | -21,430,000 | 26,669,000 | |||||||||||||||||||||||||
impairment of assets | 0 | 0 | 0 | 1,544,000 | 0 | 0 | 0 | 576,000 | 1,731,000 | 387,000 | 0 | 20,000 | 299,000 | |||||||||||||||||||||||||||||
gain on disposal of business | ||||||||||||||||||||||||||||||||||||||||||
net proceeds from disposal of business | ||||||||||||||||||||||||||||||||||||||||||
revenues: | ||||||||||||||||||||||||||||||||||||||||||
product revenues | ||||||||||||||||||||||||||||||||||||||||||
licensing and other revenues | ||||||||||||||||||||||||||||||||||||||||||
total revenues | ||||||||||||||||||||||||||||||||||||||||||
cost and expenses: | ||||||||||||||||||||||||||||||||||||||||||
cost of product revenues | ||||||||||||||||||||||||||||||||||||||||||
cost of licensing and other revenues | ||||||||||||||||||||||||||||||||||||||||||
research and development | ||||||||||||||||||||||||||||||||||||||||||
selling, general and administrative | ||||||||||||||||||||||||||||||||||||||||||
total cost and expenses | ||||||||||||||||||||||||||||||||||||||||||
loss from operations | ||||||||||||||||||||||||||||||||||||||||||
interest expense | ||||||||||||||||||||||||||||||||||||||||||
interest and other income | ||||||||||||||||||||||||||||||||||||||||||
loss before income taxes | ||||||||||||||||||||||||||||||||||||||||||
income tax expense | ||||||||||||||||||||||||||||||||||||||||||
impairment of right-of-use assets | ||||||||||||||||||||||||||||||||||||||||||
provision for doubtful accounts | -193,000 | 210,000 | -106,000 | 48,000 | 236,000 | 147,000 | -139,000 | -101,000 | 630,000 | -125,000 | 245,000 | 234,000 | 250,000 | |||||||||||||||||||||||||||||
supplemental non-cash investing and financing activities: | ||||||||||||||||||||||||||||||||||||||||||
obtaining right-of-use assets in exchange for lease liabilities | 0 | 0 | 28,191,000 | |||||||||||||||||||||||||||||||||||||||
other non-cash charges | -284,000 | -57,000 | -225,000 | 195,000 | 8,000 | |||||||||||||||||||||||||||||||||||||
proceeds from convertible notes | ||||||||||||||||||||||||||||||||||||||||||
proceeds from public offering | ||||||||||||||||||||||||||||||||||||||||||
inventory excess adjustments | -64,000 | 507,000 | 111,000 | 101,000 | 35,000 | 78,000 | 107,000 | 45,000 | 89,000 | 226,000 | 42,000 | 145,000 | ||||||||||||||||||||||||||||||
amortization of debt discount | 121,000 | 121,000 | 117,000 | 98,000 | 98,000 | 98,000 | 97,000 | 98,000 | 103,000 | 0 | ||||||||||||||||||||||||||||||||
interest accrued for borrowings and claims related settlement | 1,983,000 | |||||||||||||||||||||||||||||||||||||||||
loss on disposal of property and equipment | 0 | 0 | 0 | 12,000 | ||||||||||||||||||||||||||||||||||||||
loss from changes in fair value of warrants | -1,000 | 0 | 4,011,000 | 108,000 | -1,545,000 | 717,000 | 234,000 | -397,000 | 816,000 | -510,000 | -28,000 | |||||||||||||||||||||||||||||||
deferred rent, net of current portion | -162,000 | -146,000 | -627,000 | 307,000 | 101,000 | -106,000 | -91,000 | 1,548,000 | ||||||||||||||||||||||||||||||||||
proceeds from public offering, net of issuance costs | ||||||||||||||||||||||||||||||||||||||||||
net cash from (provided by) investing activities | ||||||||||||||||||||||||||||||||||||||||||
loss realized on investment securities | ||||||||||||||||||||||||||||||||||||||||||
loss on sales of property and equipment | ||||||||||||||||||||||||||||||||||||||||||
proceeds from equity offering, net of issuance costs | 0 | |||||||||||||||||||||||||||||||||||||||||
borrowings under long-term debt facility | 0 | |||||||||||||||||||||||||||||||||||||||||
payment for debt issuance costs on long-term debt facility | ||||||||||||||||||||||||||||||||||||||||||
borrowings under credit facility | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||
repayment under credit facility | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||
issuance of common stock for exercise of warrants | ||||||||||||||||||||||||||||||||||||||||||
issuance of common stock for lender's commitment to debt financing | ||||||||||||||||||||||||||||||||||||||||||
interest accrued for borrowings | 7,000 | 13,000 | ||||||||||||||||||||||||||||||||||||||||
gain from change in fair value of long-term debt | ||||||||||||||||||||||||||||||||||||||||||
restricted cash | -14,000 | 719,000 | 11,000 | 317,000 | 96,000 | 86,000 | 47,000 | -79,000 | 30,000 | -41,000 | ||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | 0 | 225,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock, net of issuance costs | ||||||||||||||||||||||||||||||||||||||||||
proceeds from short-term financing | ||||||||||||||||||||||||||||||||||||||||||
costs paid for loan | ||||||||||||||||||||||||||||||||||||||||||
repayments of equipment financing | 0 | -4,680,000 | ||||||||||||||||||||||||||||||||||||||||
repayments of secured financings | ||||||||||||||||||||||||||||||||||||||||||
proceeds from collection of officer receivable | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||
payment to lender for debt extinguishment | ||||||||||||||||||||||||||||||||||||||||||
net decrease in cash | 1,409,000 | 4,073,000 | ||||||||||||||||||||||||||||||||||||||||
cash at beginning of period | 0 | 0 | 0 | 15,256,000 | 0 | 0 | 0 | 28,947,000 | 0 | 0 | ||||||||||||||||||||||||||||||||
cash at end of period | 1,409,000 | 4,073,000 | -1,948,000 | 9,086,000 | -10,066,000 | 8,765,000 | -17,428,000 | 33,985,000 | -167,245,000 | 133,949,000 | ||||||||||||||||||||||||||||||||
conversion of convertible preferred stock to common stock | 0 | |||||||||||||||||||||||||||||||||||||||||
non-cash interest accrual | 1,426,000 | 215,000 | 184,000 | 150,000 | 146,000 | |||||||||||||||||||||||||||||||||||||
gain on investments | 40,000 | -80,000 | -28,000 | -84,000 | ||||||||||||||||||||||||||||||||||||||
gain from changes in fair value of warrants | -1,042,000 | |||||||||||||||||||||||||||||||||||||||||
net increase in cash | -6,170,000 | -10,066,000 | 5,038,000 | -167,245,000 | ||||||||||||||||||||||||||||||||||||||
amortization of premium on investment securities | 300,000 | 384,000 | 397,000 | 364,000 | ||||||||||||||||||||||||||||||||||||||
gain realized on investment securities | ||||||||||||||||||||||||||||||||||||||||||
gain from change in fair value of long term debt | ||||||||||||||||||||||||||||||||||||||||||
income taxes payable | ||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred stock | ||||||||||||||||||||||||||||||||||||||||||
proceeds from equipment financing | ||||||||||||||||||||||||||||||||||||||||||
change in restricted cash | ||||||||||||||||||||||||||||||||||||||||||
deferred offering costs | ||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment through accounts payable and accruals | -361,000 | 499,000 | ||||||||||||||||||||||||||||||||||||||||
gain on sales of property and equipment | ||||||||||||||||||||||||||||||||||||||||||
loss from change in fair value of long term debt | -1,276,000 | |||||||||||||||||||||||||||||||||||||||||
deferred rent | 4,128,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from initial public offering, net of issuance costs | ||||||||||||||||||||||||||||||||||||||||||
accretion of convertible notes | ||||||||||||||||||||||||||||||||||||||||||
non-cash interest | ||||||||||||||||||||||||||||||||||||||||||
bridge loan | ||||||||||||||||||||||||||||||||||||||||||
proceeds from senior secured term loan | ||||||||||||||||||||||||||||||||||||||||||
non-cash property and equipment purchase | 0 | |||||||||||||||||||||||||||||||||||||||||
conversion of c and d notes | ||||||||||||||||||||||||||||||||||||||||||
conversion of bridge loan | ||||||||||||||||||||||||||||||||||||||||||
(gain) on sales of property and equipment | ||||||||||||||||||||||||||||||||||||||||||
stock based compensation | 2,166,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock | 180,313,000 | |||||||||||||||||||||||||||||||||||||||||
costs paid for senior secured term loan | ||||||||||||||||||||||||||||||||||||||||||
income from changes in fair value of warrants | ||||||||||||||||||||||||||||||||||||||||||
(gain)/income from change in fair value of long term debt | ||||||||||||||||||||||||||||||||||||||||||
benefit from doubtful accounts | ||||||||||||||||||||||||||||||||||||||||||
costs paid for issuance of preferred stock | ||||||||||||||||||||||||||||||||||||||||||
non cash property and equipment purchase |
