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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net loss $ (8,649) $ (5,803)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 380 1,339
Amortization of premium/discount on purchased securities 1,256 1,369
Write-down of inventory to net realizable value 868 502
Non-cash equity-based compensation expense 4,207 4,221
Amortization of debt discount and debt issuance costs 2,652  
Gains on sale of assets (102) (865)
Gains on investments, net (14) (32)
Change in fair value of contingent consideration 1,178  
Changes in operating assets and liabilities:    
Accounts receivable, net (3,739) (2,080)
Inventories (2,567) 695
Receivable from collaboration 48 (105)
Prepaid and other current assets (1,425) 555
Other long-term assets 1,137  
Accounts payable and accrued expenses (515) (6,089)
Deferred revenues (5,178) (3,783)
Other long-term liabilities 227 (227)
Total adjustments (1,587) (4,500)
Net cash used in operating activities (10,236) (10,303)
Cash flows from investing activities:    
Proceeds from sales or maturities of investments 48,706 63,767
Purchase of investments (47,329) (69,653)
Acquisition of MuGard Rights and inventory   (3,434)
Proceeds from sale of assets 102 977
Capital expenditures (135)  
Change in restricted cash 2,883 (400)
Net cash provided by (used in) investing activities 4,227 (8,743)
Cash flows from financing activities:    
Payment of contingent consideration (90)  
Proceeds from issuance of convertible debt 200,000  
Payment of debt issuance costs (6,711)  
Proceeds from issuance of warrants 25,620  
Purchase of convertible bond hedges (39,760)  
Proceeds from the exercise of stock options 2,021 379
Proceeds from the issuance of common stock under ESPP   176
Net cash provided by financing activities 181,080 555
Net increase (decrease) in cash and cash equivalents 175,071 (18,491)
Cash and cash equivalents at beginning of the period 26,986 46,293
Cash and cash equivalents at end of the period $ 202,057 $ 27,802