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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net loss $ (12,854) $ (16,697)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Share-based compensation 563 1,361
Change in fair value of contingent consideration liability (14,032) (6,449)
Amortization of debt discount, deferred interest and right-to-borrow asset 1,180 1,027
Amortization of premium on available-for-sale securities 80 50
Depreciation and amortization 1,602 1,670
Impairment of property and equipment 1,381 0
Changes in operating assets and liabilities:    
Receivables (130) (889)
Inventory 2,322 (527)
Prepaid expenses and other current assets 1,544 (626)
Accounts payable 819 (1,134)
Accrued clinical and other accrued liabilities (2,048) (830)
Deferred revenues (1,119) (1,093)
Other liabilities (185) (468)
Net cash used in operating activities (20,877) (24,605)
Cash flows from investing activities:    
Purchases of available-for-sale securities (5,796) (33,130)
Maturities of available-for-sale securities 21,790 8,575
Purchases of property and equipment (44) (2,461)
Net cash provided by (used in) investing activities 15,950 (27,016)
Cash flows from financing activities:    
Proceeds from issuance of common stock and warrants and exercise of stock options and stock purchase rights 31 198
Change in restricted cash 2,757 (5,562)
Payment on contingent consideration liability (868) (251)
Proceeds from financing obligations, net of issuance costs 0 50,830
Payments of financing obligations 0 (383)
Net cash provided by financing activities 1,920 44,832
Net decrease in cash and cash equivalents (3,007) (6,789)
Cash and cash equivalents at beginning of period 15,200 [1] 17,306
Cash and cash equivalents at end of period 12,193 10,517
Non cash investing and financing activities:    
Value of warrants issued with royalty securitization financing 0 1,721
Value of the beneficial conversion feature related to borrowings against the Teva Note 0 1,032
Value of right-to-borrow asset reclassified as debt discount $ 0 $ 570
[1] (1) The condensed consolidated balance sheet at December 31, 2014 has been derived from audited consolidated financial statements at that date.