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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Activities    
Net loss $ (4,510) $ (3,484)
Adjustments to reconcile net loss to net cash from operating activities:    
Depreciation and amortization 5,696 6,484
Amortization of debt issuance costs and Royalty Rights 107 147
Recurring fair value measurements of assets and liabilities 0 9,167
Debt-related expenses 0 9,918
Provisions for inventory and other assets 1,428 1,072
Stock-based compensation 1,207 2,446
Deferred income taxes 0 (1,367)
Changes in assets and liabilities:    
Accounts receivable 5,054 (1,109)
Inventories (2,344) (3,602)
Prepaid and other assets 1,921 1,824
Accounts payable and other accrued liabilities (134) (290)
Accrued rebates, returns and discounts (267) 2,887
Interest payable (650) (1,376)
Net cash provided by operating activities 7,508 22,717
Investing Activities    
Purchase of Sympazan 0 (105)
Net cash used in investing activities 0 (105)
Financing Activities    
Payments in connection with 2027 Convertible Notes 0 (10,500)
Payment of direct transaction costs related to convertible debt inducement 0 (1,119)
Payment of contingent consideration 0 (6,609)
Payments related to the vesting and settlement of equity awards, net (206) (722)
Net cash used in financing activities (206) (18,950)
Net increase in cash and cash equivalents 7,302 3,662
Cash and cash equivalents at beginning of year 73,441 64,941
Cash and cash equivalents at end of period 80,743 68,603
Supplemental Disclosure of Cash Flow Information    
Net cash paid for income taxes 11 29
Cash paid for interest $ 1,300 $ 2,351