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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Net income (loss) $ (260,017) $ (164,281)
Adjustments to reconcile net loss to net cash used for operating activities:    
Depreciation and amortization 6,534 6,056
Non-cash operating lease cost 2,176 1,492
Non-cash interest expense and amortization of debt issuance costs 4,892 4,010
Payment on notes attributed to accreted interest related to the debt discounts (22,057) (10,783)
Acquired in-process research and development 12,271 12,524
Stock-based compensation 39,116 46,406
Loss on debt extinguishment 5,732 6,695
Gain on derivative liabilities (4,800) (1,900)
Loss on marketable investments 26,958 (30,530)
Loss on equity method investments 59 441
Gain (loss) on contingent consideration (66,400) 100
Loss on impairment of intangible assets 90,780  
Deferred income taxes (671) (916)
Changes in operating assets and liabilities, excluding effect of acquisitions:    
Accounts receivable (2,389) (1,429)
Inventory (11,375) (2,684)
Accrued payroll 6,989 (2,503)
Prepaid expenses, deposits and other assets 4,280 662
Accounts payable 1,427 2,936
Accrued expenses and other liabilities 3,976 5,739
Deferred revenue (1,587) 776
Other (242) 617
Net cash used for operating activities (164,348) (126,572)
Investing activities    
Proceeds from sale of marketable investment   95,171
Purchases of property and equipment (5,298) (5,487)
Net cash (used for) provided by investing activities (15,392) 76,656
Financing activities    
Proceeds from short-term debt, net of issuance costs 57,093 22,456
Proceeds from exercise of stock options and warrants 805 11,974
Repayments of debt and other obligations (111,339) (56,976)
Net cash provided by financing activities 215,140 70,415
Net change in cash, cash equivalents and restricted cash 35,400 20,499
Net effect of exchange rate changes on cash (1,720) 328
Cash, cash equivalents and restricted cash at beginning of period 36,665 56,464
Cash, cash equivalents and restricted cash at end of period 70,345 77,291
Cash paid during the period for:    
Interest 234 88
Income Taxes (31)  
Supplemental disclosures of non-cash investing and financing activities:    
Changes to noncontrolling interests from increased ownership in Scilex Holding   23,963
ACEA acquisition consideration paid in equity   42,168
Virex Health acquisition consideration paid in equity 4,435  
Deferred consideration for intangible asset acquisition 3,650  
Other acquisitions, license agreements and investments paid in equity   12,877
Property and equipment costs incurred but not paid 950 808
Non-cash additions related to leasehold improvements   2,963
Short-term debt   7,304
ACEA Therapeutics, Inc    
Investing activities    
Acquisition consideration paid in cash, net of cash acquired   (754)
Virex Health, Inc    
Investing activities    
Acquisition consideration paid in cash, net of cash acquired (6,544)  
Other Acquisitions and Investments    
Investing activities    
Acquisition consideration paid in cash, net of cash acquired (3,550) (12,274)
Public Offering Of Common Stock And Warrants 2019    
Financing activities    
Proceeds from equity offerings, net of issuance costs $ 268,581 $ 92,961