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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income (loss) $ (11,985) $ 6,668 $ 5,251
Reconciliation of net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization of fixed assets 946 560 415
Amortization of license fee 0 100 100
Provision for write down of inventory 1,400 50 228
Issuance of stock to consultant 189 0 80
Stock based compensation 3,090 2,273 823
Amortization of debt issuance costs 828 1,132 107
Amortization of intangibles 2,833 514 120
Foreign currency exchange loss (gain) 936 (109) 0
Amortization of debt discount on convertible 3.75% senior notes 7,599 6,680 261
Change in the fair value of derivative liability 0 (23,144) (2,300)
Loss on disposal of property 16 0 0
Changes in operating assets and liabilities:      
Accounts receivable (7,681) 1,250 (9,419)
Inventories (5,042) (3,578) (143)
Prepaid expenses and other current receivables 3,427 (5,408) (1,075)
Other assets 316 (14) 0
Accounts payable and accrued expenses 4,702 (2,849) 2,346
Deferred income (476) 362 (685)
Net cash used in operating activities 1,098 (15,513) (3,891)
Cash flows from investing activities:      
Capital expenditures (18,551) (5,998) (834)
Acquisition of product rights and other related assets 0 (35,418) 0
Product acquisition costs, net (3,421) (11,652) (2,958)
Net cash used in investing activities (21,972) (53,068) (3,792)
Cash flows from financing activities:      
Proceeds from convertible 3.75% senior notes, net of $4,765 0 0 138,985
Proceeds from issuance of stock, net 0 (3) 24,858
Proceeds from note payable, net of debt issuance costs 0 0 2,755
Principal payments on note payable, bank 0 (3,160) (3,000)
Proceeds from exercise of common stock options and warrants 96 165 837
Principal payments on capital lease obligations (70) (132) (64)
Recovery from stockholder, net (36) 19 0
Excess tax benefits from stock compensation 0 0 94
Net cash provided by (used in) financing activities (10) (3,111) 164,465
Effect of exchange rate on cash and cash equivalents (301) 0 0
Net increase (decrease) in cash and cash equivalents (20,884) (71,692) 156,782
Cash and cash equivalents at beginning of year 87,191 158,883 2,101
Cash and cash equivalents at end of year 66,006 87,191 158,883
Supplemental Cash flow information:      
Cash payments for interest 5,393 5,517 178
Cash payments for income taxes 113 123 23
Non cash investing and financing transactions:      
Reclassification of derivative liability to equity 0 18,256 0
Issuance of stock to consultant 0 31 0
Bifurcation of derivative from convertible 3.75% senior notes 0 0 41,400
Payable related to product acquisition costs 0 0 6,000
Restricted Stock      
Non cash investing and financing transactions:      
Issuance of restricted stock $ 0 $ 347 $ 0