XML 19 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows From Operating Activities:    
Net loss $ (62,144) $ (51,070)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 20,965 19,493
Stock-based compensation 9,654 9,754
Accretion of debt discount, recorded to interest expense on 2018 Convertible Notes (Note 14) 4,236 4,246
Amortization of deferred financing costs, recorded to interest expense on 2018 Convertible Notes (Note 14) 491 521
Bad debt recovery 0 (15)
Unrealized foreign currency exchange gain (18) (155)
Change in cash surrender value of corporate owned life insurance (266) 0
Research and development expense recognized for the value of common stock issued in connection with QAPZOLA (Note 16(b)(x)) and ROLONTIS (Note 16(b)(xiii)) milestone achievements 0 2,419
Deferred tax liabilities 154 (40)
Income tax recognition on unrealized gain for available-for-sale securities (2,068) 0
Change in fair value of contingent consideration related to the Talon and EVOMELA acquisitions (Note 9) 3,236 1,249
Changes in operating assets and liabilities:    
Accounts receivable, net 2,143 (12,040)
Other receivables (88) 5,571
Inventories 554 (6,768)
Prepaid expenses 972 804
Other assets 183 (2,095)
Accounts payable and other accrued obligations (2,954) (6,595)
Accrued payroll and benefits (1,343) (451)
FOLOTYN development liability (Note 15) (704) (526)
Acquisition related contingent obligations 0 (1,300)
Deferred revenue (483) (1,417)
Other long-term liabilities 1,523 1,321
Net cash used in operating activities (25,957) (37,094)
Cash Flows From Investing Activities:    
Payment for corporate-owned life insurance premiums (601) 0
Redemption of mutual funds (1) (1)
Purchases of property and equipment (412) (61)
Net cash used in investing activities (1,014) (62)
Cash Flows From Financing Activities:    
Proceeds from exercise of stock options 3,051 190
Proceeds from sale of stock under employee stock purchase plan 406 383
Purchase and retirement of restricted stock to satisfy employees' tax liability at vesting (1,476) (829)
Payment of contingent consideration related to EVOMELA acquisition (Note 9(b)) 0 (4,700)
Proceeds from common shares sold under an at-market-issuance sales agreement (Note 18) 113,966 73,869
Dividends paid upon conversion of Series E Convertible Voting Preferred Stock (Note 18) 0 (6)
Net cash provided by financing activities 115,947 68,907
Effect of exchange rates on cash and equivalents 270 113
Net increase in cash and cash equivalents 89,246 31,864
Cash and cash equivalents—beginning of period 158,222 139,741
Cash and cash equivalents—end of period 247,468 171,605
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 10 11
Cash paid for interest $ 1,513 $ 1,650