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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash (used in) provided by operating activities      
Net loss $ (52,870,000) $ (23,009,000) $ (4,071,000)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:      
Depreciation 264,000 576,000 891,000
Amortization of intangible assets 2,134,000 0 0
Stock-based compensation 797,000 2,330,000 1,453,000
Noncash interest expense 2,676,000 0 0
Fair value change in contingent consideration (Notes 14, 16) 2,042,000 0 2,000,000
Unrealized foreign exchange gain (losses) 118,000 (120,000) 75,000
Loss (gain) on sale of long-lived assets 50,000 (36,000) 0
Fair value loss on investment (Note 4) 10,704,000 0 0
Deferred income taxes (214,000) 18,000 (177,000)
Impairment of long-lived assets 0 11,000 0
Changes in assets and liabilities, excluding the effect of acquisition:      
Accounts receivable (893,000) 10,000 73,000
Inventories 2,079,000 0 0
Prepaid and other assets 705,000 442,000 810,000
Accounts payable 4,441,000 (184,000) (607,000)
Accrued liabilities (6,389,000) 570,000 108,000
Accrued restructuring 0 0 (130,000)
Income taxes receivable/payable 0 33,000 30,000
Net cash (used in) provided by operating activities (34,356,000) (19,359,000) 455,000
Cash provided by investing activities      
Cash acquired through acquisition (Note 5) 28,290,000 0 0
Cash consideration for acquisition - loan to Aegerion (Note 5) (3,000,000) 0 0
Proceeds from sale of long-lived assets 192,000 43,000 115,000
Purchases of property and equipment (155,000) (9,000) (25,000)
Proceeds from contingent consideration (Notes 16) 0 0 36,582,000
Net cash provided by investing activities 25,327,000 34,000 36,672,000
Cash (used in) provided by financing activities      
Issuance of common shares 21,481,000 5,508,000 509,000
Cash distribution paid to common shareholders (15,000,000) 0 0
Settlement of Backstop Agreement (Note 4) 15,000,000 0 0
Aralez investment (45,000,000) 0 0
Net cash (used in) provided by financing activities (23,519,000) 5,508,000 509,000
Exchange rate effect on cash (349,000) (267,000) (249,000)
Net (decrease) increase in cash and cash equivalents (32,897,000) (14,084,000) 37,387,000
Cash and cash equivalents, beginning of period 141,824,000 155,908,000 118,521,000
Cash and cash equivalents, end of period 108,927,000 141,824,000 155,908,000
Supplemental cash flow information      
Cash paid for interest 33,000 0 0
Cash paid for taxes 105,000 0 0
Non-cash financing activities      
Shares issued in the acquisition (Note 5) 59,088,000 0 0
Convertible notes of Aegerion, at fair value (Note 10) 222,900,000 0 0
Non-cash investment activities      
Purchases of property and equipment included in accounts payable $ 61,000 $ 0 $ 0