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Business combinations (Tables)
12 Months Ended
Dec. 31, 2012
Business Combinations [Abstract]  
Schedule Of Acquisition Liabilities [Table Text Block]

The acquisition-date fair value of the consideration transferred totaled $50,927,000 which consisted of the following:

 

(Amounts in thousands of USD)

       
Note   $ 5,625  
Warrants     12,065  
Deferred consideration     33,237  
Total acquisition liabilities   $ 50,927
Schedule Of Valuation Assumptions [Table Text Block]

The fair value of the warrants was determined by using a Black-Scholes option pricing model with the following assumptions:

 

Share price   $ 7.29  
Risk-free interest rate     2.00 %
Dividend yield     -  
Expected volatility     56.26 %
Expected term     6.0 years
Schedule of Purchase Price Allocation [Table Text Block]

The following table summarizes the final fair values of the assets acquired and liabilities assumed at the acquisition date.

 

At March 13, 2012

(Amounts in thousands of USD)

 

Cash and cash equivalent   $ 1,771  
Account receivables     210  
Inventories     38  
Prepaid expenses and other current assets     430  
Property and equipment, net     57  
Intangible assets     49,282  
Goodwill     18,491  
Total identifiable assets acquired     70,279  
         
Current liabilities     (459 )
Deferred Tax Liabilities     (18,887 )
Long term liabilities     (6 )
Total liabilities assumed     (19,352 )
Net identifiable assets acquired   $ 70,279  
Net assets acquired   $ 50,927  
Schedule Of Business Acquisition, Revenues and Net Income Loss [Table Text Block]

The amounts of revenues and earnings of Éclat Pharmaceuticals included in the Company’s consolidated income statement from the acquisition date to the period ending December 31, 2012 (in thousands) are as follows:

 

    Revenue and earnings included in the
consolidated income statement
 from March 13, 2012 to December 31, 2012
 
Revenues   $ 560  
Net Income/(Loss)   $ (5,301 )
Business Acquisition, Pro Forma Information [Table Text Block]

The following supplemental pro forma information presents Flamel’s financial results for the twelve month period as if the acquisition of Éclat Pharmaceuticals had occurred on January 1, 2011 (in thousands):

 

        Twelve months ended December 31,  
        2011     2012  
        (unaudited)  
Revenues       $ 33,209     $ 26,314  
                     
Net Income/(Loss)   (a)   $ (13,624 )   $ (3,754 )
Schedule of Business Acquisitions by Acquisition, Contingent Consideration [Table Text Block]

The variation in the fair value of the acquisition liabilities from acquisition date to December 31, 2012, resulting from new facts and circumstances that occurred post acquisition regarding the potential competitive landscape of products in the portfolio, including the abandon of one potential product, is as follows:

 

          as of December 31, 2012  
(In thousands of U.S. dollars)   Acquisition
date fair
value
    Payments     Remeasurement     Net  
                         
Acquisition liability deferred consideration   $ 33,237     $ (160 )   $ (9,013 )   $ 24,064  
Acquisition liability note     5,625       -       87       5,712  
Acquisition liability warrant consideration     12,065       -       (9,908 )     2,157  
Total   $ 50,927     $ (160 )   $ (18,834 )   $ 31,933