XML 21 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities      
Net loss $ (119,980) $ (46,948) $ (37,652)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:      
Depreciation 1,942 1,248 807
Amortization of intangible assets 6,967 2,185 503
Amortization of debt discount and debt issuance costs 177 142 83
Stock-based compensation 5,033 3,311 1,840
Common stock issued for services 116    
Inventory write-down related to restructuring 2,565    
Loss on disposal of property   34 86
Non-cash restructuring and other charges 2,556    
Goodwill impairment 61,784 0  
Deferred tax benefit (5,562) (1,024)  
Change in fair value of contingent consideration 482 (400)  
Changes in operating assets and liabilities, net of effect of acquisition:      
Accounts receivable (1,041) 133 55
Interest receivable (6) (5) 67
Inventories (6,647) (4,630) 701
Other current and long term assets (1,528) 728 (170)
Accounts payable (356) 1,096 (36)
Accrued expenses 1,112 5,371 363
Net cash and cash equivalents used in operating activities (52,386) (38,759) (33,353)
Investing Activities      
Payment for acquisition of a business   (25,000)  
Proceeds from sale and maturities of investments     6,191
Proceeds from sale of property and equipment     25
Purchase of property and equipment (1,361) (1,234) (2,174)
Net cash and cash equivalents (used in) provided by investing activities (1,361) (26,234) 4,042
Financing Activities      
Payment of debt (6,902)   (2,877)
Payment of contingent consideration (1,182)    
Proceeds from issuance of common stock, net of issuance costs 58,029 58,331 52,433
Proceeds from issuance of debt, net of debt discount   9,887 4,291
Taxes paid related to net share settlement of vesting of restricted stock units (168) (73)  
Proceeds from exercise of stock options and warrants 166 259 91
Net cash and cash equivalents provided by financing activities 49,943 68,404 53,938
Effect of exchange rate changes on cash and cash equivalents (55) 22  
Net (decrease) increase in cash, cash equivalents and restricted cash (3,859) 3,433 24,627
Cash, cash equivalents and restricted cash, beginning of period 38,449 35,016 10,389
Cash, cash equivalents and restricted cash, end of period 34,590 38,449 35,016
Supplemental Disclosure for Cash Flow Information      
Interest paid 1,289 973 904
Supplemental Schedule of Noncash Investing Activities      
Transfer of inventory to property and equipment $ 3,198    
Issuance of common stock warrants   97 $ 54
Contingent consideration related to acquisition   23,900  
Issuance of common stock related to acquisition   $ 43,677