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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash used in operating activities    
Net loss $ (30,962) $ (21,894)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 490 38
Amortization of intangible assets 6,231 0
Stock-based compensation 1,399 0
Non-cash interest expense 7,742 0
Unrealized foreign exchange gain (72) (69)
Fair value loss on investment 0 12,960
Deferred income taxes (29) 5
Deferred rent 10 0
Changes in assets and liabilities, excluding the effect of acquisition:    
Accounts receivable (2,101) (79)
Inventories 5,474 0
Prepaid expenses and other assets (488) (114)
Accounts payable (8,871) 1,350
Accrued liabilities (3,657) (1,109)
Net cash used in operating activities (24,834) (8,912)
Cash used in investing activities    
Purchases of property and equipment (273) (69)
Net cash used in investing activities (273) (69)
Cash provided by (used in) financing activities    
Issuance of common shares 134 0
Decrease in restricted cash 150 0
Settlement of Backstop Agreement 0 15,000
Aralez investment 0 (45,000)
Net cash provided by (used in) financing activities 284 (30,000)
Exchange rate effect on cash 652 13
Net decrease in cash and cash equivalents (24,171) (38,968)
Cash and cash equivalents, beginning of period 108,927 141,824
Cash and cash equivalents, end of period 84,756 102,856
Supplemental disclosures of cash flow information    
Cash paid for interest 3,250 0
Cash paid for taxes $ 570 $ 2