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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating activities      
Net loss $ (63,937) $ (50,074) $ (34,657)
Adjustments to reconcile net loss to net cash provided by and (used in) operating activities:      
Depreciation and amortization 2,885 2,370 3,184
Non-cash interest expense 164 392 451
Gain on sale of IgDraSol 0 (69,274) 0
Gain on sale of marketable securities (27,193) 0 0
Stock-based compensation 4,741 6,972 3,940
Acquired in-process research and development 0 12,000 209
Provision for doubtful accounts 0 5 33
Gain or loss on derivative liability (5,520) 3,360 0
Gain or loss on equity investments (435) 4,041 0
(Gain) loss on contingent liabilities (8,121) 0 0
Deferred tax provision 982 33,337 (1,702)
Changes in operating assets and liabilities; net of dispositions:      
Grants and other receivables (472) (176) (371)
Prepaid expenses and other 40 (1,052) (979)
Deposits and other assets (448) (1,715) 0
Accounts payable 3,714 (2,713) (497)
Deferred revenue 23,534 9,876 0
Deferred rent and other (2,535) 0 0
Accrued expenses and other liabilities 1,673 10,582 1,625
Net cash used for operating activities (70,928) (42,069) (28,764)
Investing activities      
Purchases of property and equipment (6,860) (3,707) (591)
Investment in SiniWest 0 (11,500) (10,000)
Purchase of business, net of cash acquired (3,842) 0 0
Net cash (used in) provided by investing activities (17,452) 12,552 (10,591)
Financing activities      
Net borrowings under loan and security agreement 0 0 7,500
Proceeds from issuance of common stock, net 107,986 0 71,786
Cash payments for treasury shares (15,639) 0 0
Proceeds from loan and security agreement, net of fees 48,320 (3,095) 0
Payments of debt principal on retired note (9,451) 0 0
Net payments of deferred compensation 0 (2,000) 0
Sale of a noncontrolling interest 0 49 0
Proceeds from exercise of stock options 524 1,699 304
Net cash provided by (used in) financing activities 131,740 (3,347) 79,590
Net change in cash and cash equivalents 43,360 (32,864) 40,235
Net effect of exchange rate changes on cash 0 0 0
Cash and cash equivalents at beginning of period 39,038 71,902 31,667
Cash and cash equivalents at end of period 82,398 39,038 71,902
Cash paid during the period for:      
Income taxes 2 3,001 6
Interest paid 1,342 1,574 1,544
Supplemental disclosures of non-cash investing and financing activities:      
Common stock received in exchange for license 0 (100,000) 0
Contributions to equity method investments made on Company’s behalf 0 (60,000) 0
Property and equipment costs incurred but not paid 0 2,396 0
Sini West [Member]      
Investing activities      
Investment in SiniWest (1,000) 0 0
Supplemental disclosures of non-cash investing and financing activities:      
Non-cash consideration (2,832) 0 0
Celularity Inc [Member]      
Investing activities      
Investment in SiniWest (5,000) 0 0
MedoveX [Member]      
Investing activities      
Investment in SiniWest (750) 0 0
ImmuneOncia Therapeutics, LLC [Member]      
Supplemental disclosures of non-cash investing and financing activities:      
Investment in ImmuneOncia (9,608) 0 0
Roger Williams Medical Center [Member]      
Supplemental disclosures of non-cash investing and financing activities:      
Non-cash consideration (3,398) 0 0
Scilex Pharmaceuticals, Inc [Member]      
Supplemental disclosures of non-cash investing and financing activities:      
Scilex acquisition non-cash consideration (45,368) 0 0
IgDraSol, Inc. [Member]      
Adjustments to reconcile net loss to net cash provided by and (used in) operating activities:      
Gain on sale of IgDraSol 0 (69,274) 0
Investing activities      
Proceeds from sale of IgDraSol $ 0 $ 27,759 $ 0