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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating activities:    
Net loss $ (14,609) $ (26,859)
Adjustments to reconcile net loss to net cash flows from operating activities    
Depreciation and amortization 253 685
Impairment loss on equipment 0 78
Accretion of debt discount and loan costs 11,441 2,953
Amortization of intangible assets 5,084 3,868
Provision for inventory obsolescence 57 396
Stock-based compensation expense 3,978 4,896
Changes in assets and liabilities, net of effect of acquisition:    
Accounts receivable (19,795) (3,581)
Inventories (5,416) 261
Prepaid expenses and other assets (1,686) (545)
Accounts payable and accrued liabilities 14,844 (427)
Net cash flows used in operating activities (5,849) (18,275)
Investing activities:    
Product acquisitions (20,674) (1,951)
Acquisitions of equipment (79) (155)
Net cash flows used in investing activities (20,753) (2,106)
Financing activities:    
Proceeds from issuance of common stock 48,000 0
Proceeds from issuance of Series B preferred stock 0 50,000
Equity issuance costs (410) (1,410)
Proceeds from notes payable 60,000 0
Proceeds from exercise of stock options 1,193 528
Payment on note payable (67,346) 0
Loss on refinancing of former debt (2,794) 0
Payment of deferred financing fees 0 (450)
Net cash flows provided by financing activities 38,643 48,668
Net change in cash and cash equivalents 12,041 28,287
Cash and cash equivalents at beginning of period 43,822 21,195
Cash and cash equivalents at end of period 55,863 49,482
Cash paid for interest $ 5,339 $ 4,645