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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities:    
Net (loss) income $ (10,709) $ 48,325
Adjustments to reconcile net (loss) income to net cash flows from operating activities    
Depreciation 230 111
Accretion of debt discount and loan costs 625 1,040
Amortization of intangible assets 1,289 1,369
(Benefit) provision for inventory obsolescence (66) 153
Stock-based compensation expense 2,921 3,070
Deferred income taxes   (15,972)
Bargain purchase gain   (27,336)
Changes in assets and liabilities, net of effect of acquisition:    
Accounts receivable 864 (2,662)
Inventories 716 480
Prepaid expenses and other assets 782 194
Accounts payable and accrued expenses (3,413) 3,942
Deferred revenue   (21,716)
Net cash flows used in operating activities (6,761) (9,002)
Investing activities:    
BELBUCA® acquisition (1,951)  
Purchase of equipment (73)  
Net cash flows used in investing activities (2,024)  
Financing activities:    
Proceeds from notes payable   45,000
Proceeds from exercise of stock options 130  
Payment on note payable   (30,000)
Payment of deferred financing fees (450) (2,798)
Net cash flows (used in) provided by financing activities (320) 12,202
Net change in cash and cash equivalents (9,105) 3,200
Cash and cash equivalents at beginning of period 21,195 32,019
Cash and cash equivalents at end of period 12,090 35,219
Cash paid for interest 1,880 946
Non-cash Operating, Financing and Investing Activities:    
Common stock issuance upon retirement $ 4,300  
Fair value of bargain purchase price of BELBUCA acquisition   $ 27,300