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Condensed Consolidated Statements of Cash Flows (Unaudited)
3 Months Ended 6 Months Ended
Jun. 30, 2021
USD ($)
Jun. 30, 2021
USD ($)
Jun. 30, 2020
USD ($)
Operating activities      
Net income (loss) $ 3,733,000 $ 18,151,000 $ (24,183,000)
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:      
Share-based compensation expense   2,140,000 3,997,000
Depreciation expense   56,000 1,798,000
Non-cash interest expense   3,718,000 3,392,000
Inventory fair value step-up adjustment included in cost of product sales   850,000  
Amortization of intangible assets 400,000 776,000 0
Loss on change in fair value of contingent value rights   370,000  
Amortization of right-of-use lease assets   117,000 699,000
Loss on disposal of property and equipment     904,000
Unrealized gains on short-term investments     (63,000)
Changes in operating assets and liabilities:      
Accounts receivable, net   (2,762,000) 1,117,000
Inventory, net   (318,000) (909,000)
Prepaid expenses and other current assets   (1,813,000) 1,675,000
Accounts payable   (920,000) (1,696,000)
Accrued expenses   5,032,000 (3,378,000)
Accrued payroll and related expenses   (966,000) (2,591,000)
Lease liabilities   (117,000) (1,357,000)
Net cash provided by (used for) operating activities   24,314,000 (20,595,000)
Investing activities      
Proceeds from the sale of property and equipment     2,860,000
Purchases of short-term investments     (2,999,000)
Net cash used for investing activities     (139,000)
Financing activities      
Net proceeds from issuance of common stock under 2013 Equity Plan   155,000 605,000
Net proceeds from issuance of common stock under ESPP   198,000 359,000
Net cash provided by financing activities   353,000 964,000
Net increase (decrease) in cash, cash equivalents and restricted cash   24,667,000 (19,770,000)
Cash, cash equivalents and restricted cash, beginning of period   21,261,000 88,729,000
Cash, cash equivalents and restricted cash, end of period 45,928,000 45,928,000 68,959,000
Reconciliation of cash, cash equivalents and restricted cash to the condensed consolidated balance sheets      
Cash and cash equivalents 45,888,000 45,888,000 68,353,000
Restricted cash 40,000 40,000 606,000
Cash, cash equivalents and restricted cash, end of period $ 45,928,000 $ 45,928,000 $ 68,959,000