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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities      
Net income (loss) $ 14,016 $ 19,871 $ (92,273)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Loss on extinguishment of debt 2,338 2,592 9,550
Change in fair value of derivative liability (193) (2,809) 13,354
Unrealized loss (gain) on marketable securities   (154) 57
Depreciation and amortization 921 928 742
Amortization of deferred financing costs and debt discount 748 2,090 3,033
Share-based compensation expense 4,231 2,716 1,913
Changes in operating assets and liabilities:      
Accounts receivable (8,638) (12,216) (5,043)
Inventories 854 (6,289) (6,000)
Prepaid expenses and other assets (1,582) (1,144) (889)
Accounts payable 2,061 (1,279) 336
Accrued sales deductions 18,333 7,461 1,000
Accrued expenses (1,604) 2,854 7,156
Deferred product revenue, net   (7,882) 7,883
Deferred licensing revenue 149 (204) 803
Other non-current liabilities 489 1,198 429
Net cash provided by (used in) operating activities 32,123 7,733 (57,949)
Cash flows from investing activities      
Purchases of marketable securities (63,205) (53,262) (85,567)
Sales and maturities of marketable securities 37,581 53,473 75,806
Purchases of property and equipment (2,104) (593) (1,646)
Deferred legal fees (8,506) (4,505) (705)
Net cash used in investing activities (36,234) (4,887) (12,112)
Cash flows from financing activities      
Proceeds from issuance of common stock 1,867 571 2,437
Proceeds from convertible debt issuance     90,000
Cash settlement of debt to equity conversion   (1) (1,727)
Repayment of secured notes payable     (24,344)
Financing costs and underwriters discounts     (3,627)
Net cash provided by financing activities 1,867 570 62,739
Net change in cash and cash equivalents (2,244) 3,416 (7,322)
Cash and cash equivalents at beginning of year 36,396 32,980 40,302
Cash and cash equivalents at end of year 34,152 36,396 32,980
Supplemental cash flow information:      
Cash paid for interest 825 2,854 4,313
Noncash financial activity:      
Conversion of convertible notes and interest make-whole 27,089 $ 14,887 42,417
Initial value of interest make-whole derivative issued in connection with the convertible debt     9,270
Initial value of conversion option reported in equity     $ 22,336
Exercise of warrants 652    
Deferred legal fees included in accrued expenses $ 9,392