XML 16 R5.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows From Operating Activities:    
Net Loss $ (17,239) $ (118,132)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Depreciation and Amortization 1,352 1,028
Amortization of Intangible Assets 0 224
Amortization and Premium of Marketable Securities, Net (345) (155)
Loss on Sale or Disposal of Assets 25 10
Goodwill Impairment   90,976
Intangible Asset Impairment   18,677
Other Asset Impairment 1,800  
Loss/(Gain) on Fair Value Remeasurement of Contingent Consideration 1,519 (13,600)
Non-Cash Income Tax Benefit   (765)
Stock-Based Compensation Expense 1,693 2,488
Changes in Operating Assets and Liabilities:    
Accounts and Other Receivables 855 (1,635)
Prepaid and Other Current Assets 299 (144)
Accounts Payable and Accrued Expenses (1,455) (5,919)
Other Liabilities (1,737) (1,075)
Net Cash Used in Operating Activities (13,233) (28,022)
Cash Flows From Investing Activities:    
Sales and Maturities of Marketable Securities 37,886 46,871
Purchases of Marketable Securities (21,404) (31,117)
Acquisition of Property and Equipment (186) (259)
Net Cash Provided by Investing Activities 16,296 15,495
Cash Flows From Financing Activities:    
Net Proceeds from Stock Issuances 4,151 11,689
Proceeds from Issuance of Stock from Employee Benefit Plans 9 374
Net Cash Provided by Financing Activities 4,160 12,063
Net Increase/(Decrease) in Cash and Cash Equivalents 7,223 (464)
Cash and Cash Equivalents at Beginning of Period 24,310 40,288
Cash and Cash Equivalents at End of Period 31,533 39,824
Non-cash Investing Activities    
Accrued construction in progress $ 65 212
Non-cash Supplemental Disclosure    
Shares issued to former Kolltan executive for settlement of severance   $ 38