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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Net (loss) income $ (18,260) $ 88,505
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Amortization expense 56,424 33,590
Depreciation expense 1,371 864
Deferred income taxes (9,410) (62,649)
Stock-based compensation expense 11,827 13,395
Non-cash lease expense 429 15
Non-cash interest expense for amortization of debt discount and issuance costs 3,435 1,795
Changes in operating assets and liabilities:    
Accounts receivable (36,165) (6,778)
Inventory 17,007 (4,498)
Prepaid expenses and other assets 245 (1,301)
Accounts payable 2,426 (2,472)
Accrued expenses (7,659) 2,969
Accrued rebates, returns and discounts (6,538) (13,330)
Operating lease assets and liabilities 4  
Net cash provided by operating activities 15,136 50,105
Investing activities    
Purchases of property and equipment (569) (1,153)
Acquisition of BDSI (net of cash acquired) (572,069)  
Net cash used in investing activities (572,638) (1,153)
Financing activities    
Proceeds from issuances of common stock from employee stock purchase plans 203 358
Proceeds from the exercise of stock options 4,806 8,274
Payments made for employee stock tax withholdings (3,893) (3,929)
Repayment of term notes (25,000) (25,000)
Proceeds from term note modification 517,682  
Net cash provided by (used in) financing activities 493,798 (20,297)
Net (decrease) increase in cash, cash equivalents and restricted cash (63,704) 28,655
Cash, cash equivalents and restricted cash at beginning of period 188,973 176,663
Cash, cash equivalents and restricted cash at end of period 125,269 205,318
Reconciliation of cash, cash equivalents and restricted cash to the Consolidated Balance Sheets:    
Cash and cash equivalents 122,722 202,771
Restricted cash 2,547 2,547
Total cash, cash equivalents and restricted cash 125,269 205,318
Supplemental disclosure of cash flow information    
Cash paid for interest 17,752 9,348
Cash paid for income taxes 6,776 876
Supplemental disclosure of non-cash activities    
Acquisition of property and equipment in accounts payable and accrued expenses $ 105 55
Inventory used in the construction and installation of property and equipment   $ 516