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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 $ (89,190) $ (96,223)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Depreciation and Amortization 3,392 2,135
Amortization of Intangible Assets 672 760
Amortization and Premium of Marketable Securities, Net (171) 768
Loss on Sale or Disposal of Assets 6 74
In-Process Research and Development Impairment 13,000  
Gain on Fair Value Remeasurement of Contingent Consideration (200)  
Income Tax Benefit (5,200)  
Stock-Based Compensation Expense 9,728 11,709
Non-Cash Expense   1,638
Changes in Operating Assets and Liabilities:    
Accounts and Other Receivables (1,229) (609)
Prepaid and Other Current Assets 525 (325)
Other Assets 132  
Accounts Payable and Accrued Expenses (10,888) (11,560)
Other Liabilities (987) (1,054)
Net Cash Used in Operating Activities (80,410) (92,687)
Cash Flows from Investing Activities:    
Sales and Maturities of Marketable Securities 183,683 194,915
Purchases of Marketable Securities (122,235) (149,877)
Investment in Other   (1,801)
Acquisition of Property and Equipment (1,598) (2,113)
Net Cash Provided by Investing Activities 59,850 41,124
Cash Flows from Financing Activities:    
Net Proceeds from Stock Issuances 32,642 10,666
Proceeds from Issuance of Stock from Employee Benefit Plans 192 532
Net Cash Provided by Financing Activities 32,834 11,198
Net Increase (Decrease) in Cash and Cash Equivalents 12,274 (40,365)
Cash and Cash Equivalents at Beginning of Period 42,461 72,108
Cash and Cash Equivalents at End of Period 54,735 31,743
Non-cash Investing Activities    
Acquisition of Property and Equipment Included in Accounts Payable and Accrued Expenses 75 $ 65
Non-cash Supplemental Disclosure    
Shares Issued to Former Kolltan Executive for Settlement of Severance $ 302