Cash flows from operating activities: | |
Net (loss) income | 6.65M |
Adjustments to reconcile net (loss) income to net cash used in operating activities: | |
Depreciation and amortization | 3.84M |
Stock-based compensation expense | 3.34M |
Changes in assets and liabilities: | |
Accounts receivable | -3.27M |
Royalties receivable | 20K |
Inventories | -6.46M |
Prepaid expenses and other current assets | 820K |
Accounts payable | -1.92M |
Accrued liabilities | -2.39M |
Long-term liabilities | |
Net cash used in operating activities | |
Cash flows from investing activities: | |
Purchases of marketable securities | -21.39M |
Redemptions of marketable securities | |
Purchases of property, plant and equipment | -3.46M |
Net cash used in investing activities | |
Cash flows from financing activities: | |
Exercise of stock options | 1.63M |
Net cash provided by financing activities | |
Net decrease in cash and cash equivalents | 103.56M |
Cash and cash equivalents, beginning of period | 54.09M |
Cash and cash equivalents, end of period | 157.65M |