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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities    
Net loss $ (31,712) $ (44,199)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and other amortization expense 578 332
Nucynta amortization expense 61,933 177
Lease incentive obligation   (17)
Stock-based compensation expense 6,254 3,767
Non-cash interest expense 11,471  
Changes in operating assets and liabilities:    
Accounts receivable (58,411) (2,748)
Inventories (508) (204)
Prepaid expenses and other assets (608) (1,083)
Accounts payable 13,008 (3,494)
Accrued expenses 13,917 1,074
Accrued rebates, returns and discounts 69,346  
Deferred revenue   5,417
Net cash provided by (used in) operating activities 85,268 (41,155)
Investing activities    
Cash paid for asset acquisition (18,877)  
Purchases of property and equipment (987) (478)
Net cash used in investing activities (19,864) (478)
Financing activities    
Cash paid for common stock offerings costs (30) (87)
Proceeds from issuances of common stock from employee stock purchase plans 510 673
Proceeds from term loan amendment, net of repayment of amended term loan 10,020  
Repayment of asset acquisition obligations (64,500)  
Repayment of term note   (1,333)
Proceeds from the exercise of stock options 3,905 415
Payments made for employee restricted stock tax withholdings (356) (51)
Net cash used in financing activities (50,451) (383)
Net increase (decrease) in cash, cash equivalents and restricted cash 14,953 (42,016)
Cash, cash equivalents and restricted cash at beginning of period 118,794 153,322
Cash, and cash equivalents and restricted cash at end of period 133,747 111,306
Supplemental disclosure of cash flow information    
Cash paid for offering costs 30 87
Cash paid for interest 242 88
Supplemental disclosure of non-cash activities    
Offering costs in accrued expenses 25 25
Acquisition of property and equipment in accrued expenses 1,184 $ 304
Liabilities assumed from asset acquisition in accrued rebates, returns and discounts $ 22,660