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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities    
Net income $ 7,145 $ 15,516
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss on extinguishment of debt 2,400 2,592
Change in fair value of derivative liability (66) (2,115)
Unrealized (gain) loss on marketable securities 47 (35)
Depreciation and amortization 651 701
Amortization of deferred financing costs and debt discount 646 1,599
Share-based compensation expense 3,152 2,023
Changes in operating assets and liabilities:    
Accounts receivable (6,334) (10,249)
Inventories (1,301) (3,993)
Prepaid expenses and other assets (2,793) (1,256)
Accounts payable 949 1,569
Accounts sales deductions 10,359 (4,354)
Accrued expenses (2,538) 6,454
Deferred product revenue, net   (7,882)
Deferred licensing revenue (107) (168)
Other non-current liabilities (21) 337
Net cash provided by operating activities 12,189 739
Cash flows from investing activities    
Purchases of marketable securities (51,289) (34,566)
Sales and maturities of marketable securities 33,671 41,987
Purchases of property and equipment (1,240) (475)
Deferred legal fees (4,500) (3,149)
Net cash (used in) provided by investing activities (23,358) 3,797
Cash flows from financing activities    
Proceeds from issuance of common stock 1,067 265
Cash settlement of debt to equity conversion   (1)
Net cash provided by financing activities 1,067 264
Net change in cash and cash equivalents (10,102) 4,800
Cash and cash equivalents at beginning of period 36,396 32,980
Cash and cash equivalents at end of period 26,294 37,780
Supplemental cash flow information:    
Cash paid for interest 504 1,502
Noncash financial activity:    
Conversion of convertible notes and interest make-whole 26,019 $ 14,887
Exercise of warrants 652  
Deferred legal fees included in accrued expenses $ 6,866