XML 16 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating Activities    
Net income (loss) $ 21,072 $ (5,887)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 25,033 21,698
Amortization of debt issuance costs and Royalty Rights 128 159
Recurring fair value measurement of assets and liabilities 6,845 1,902
Stock-based compensation 5,116 2,596
Provision for inventory and other assets 828 (86)
Changes in assets and liabilities, net of acquisition:    
Accounts receivable (319) 8,205
Inventories (7,607) 6,317
Prepaid and other assets 13,288 5,777
Accounts payable and other accrued liabilities (7,193) (22,405)
Accrued rebates, returns and discounts (4,058) (19,284)
Interest payable (1,232) 2,400
Net cash provided by operating activities 51,901 1,392
Investing Activities    
Purchase of Otrexup (16,889) 0
Net cash used in investing activities (16,889) 0
Financing Activities    
Proceeds from issuance of 2027 Convertible Notes 65,916 0
Payments in connection with 2021 Convertible Notes 0 (335)
Payment in connection with 2024 Senior Notes (70,750) (4,750)
Payment of contingent consideration (7,845) (2,495)
Payment of Royalty Rights (630) (510)
Proceeds from issuance of common stock 7,020 44,861
Proceeds from exercise of stock options 0 193
Shares withheld for payment of employee's withholding tax liability (707) (416)
Net cash (used in) provided by financing activities (6,996) 36,548
Net increase in cash and cash equivalents 28,016 37,940
Cash and cash equivalents at beginning of year 36,810 20,786
Cash and cash equivalents at end of period 64,826 58,726
Supplemental Disclosure of Cash Flow Information    
Net cash refunded for income taxes (7,822) 0
Cash paid for interest $ 7,752 $ 5,216