2015 Q1 Form 10-K Financial Statement

#000093976715000013 Filed on March 02, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 2013 Q4
Revenue $9.388M $25.11M $4.347M
YoY Change 91.4% -19.87% -44.37%
Cost Of Revenue $766.0K $2.043M $300.0K
YoY Change 147.9% 82.74%
Gross Profit $8.622M $23.07M $4.084M
YoY Change 87.6% -23.67%
Gross Profit Margin 91.84% 91.86% 93.95%
Selling, General & Admin $9.531M $50.83M $13.60M
YoY Change -35.12% -0.25% 38.78%
% of Gross Profit 110.54% 220.34% 333.01%
Research & Development $22.28M $189.1M $49.60M
YoY Change -59.37% 5.78% 52.62%
% of Gross Profit 258.43% 819.75% 1214.5%
Depreciation & Amortization $297.0K $2.391M $700.0K
YoY Change -40.36% -24.02% -50.0%
% of Gross Profit 3.44% 10.37% 17.14%
Operating Expenses $32.15M $249.6M $63.30M
YoY Change -54.0% 7.54% 49.65%
Operating Profit -$22.76M -$224.5M -$59.22M
YoY Change -64.98% 11.82%
Interest Expense $12.40M $41.36M -$11.30M
YoY Change 5.45% 6.66% 11.88%
% of Operating Profit
Other Income/Expense, Net -$12.41M -$37.02M
YoY Change 28.85% -1.42%
Pretax Income -$35.20M -$230.5M -$70.80M
YoY Change -52.82% -2.35% 35.89%
Income Tax -$182.0K -$100.0K
% Of Pretax Income
Net Earnings -$33.25M -$261.3M -$70.75M
YoY Change -55.45% 9.7% 35.55%
Net Earnings / Revenue -354.12% -1040.57% -1627.47%
Basic Earnings Per Share
Diluted Earnings Per Share -$179.7K -$1.345M -$383.4K
COMMON SHARES
Basic Shares Outstanding 195.9M shares 184.2M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q1 2014 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $107.2M $144.3M $242.5M
YoY Change -60.82% -40.49% -41.05%
Cash & Equivalents $80.40M $80.40M $104.0M
Short-Term Investments $22.30M $63.90M $138.5M
Other Short-Term Assets $11.30M $15.70M $17.30M
YoY Change -35.8% -9.25% -5.46%
Inventory $2.593M $2.400M $2.890M
Prepaid Expenses
Receivables $3.900M $4.900M $3.900M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $125.0M $167.2M $266.6M
YoY Change -58.08% -37.28% -38.36%
LONG-TERM ASSETS
Property, Plant & Equipment $2.158M $2.400M $4.910M
YoY Change -53.94% -51.02% -18.96%
Goodwill $63.68M $63.68M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $81.60M $81.60M $144.3M
YoY Change -26.62% -43.45% -20.84%
Other Assets $7.771M $8.300M $6.888M
YoY Change -12.86% -65.13% -19.33%
Total Long-Term Assets $157.9M $156.1M $236.7M
YoY Change -20.76% -34.05% -17.98%
TOTAL ASSETS
Total Short-Term Assets $125.0M $167.2M $266.6M
Total Long-Term Assets $157.9M $156.1M $236.7M
Total Assets $282.9M $323.3M $503.3M
YoY Change -43.14% -35.76% -30.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.303M $6.400M $9.345M
YoY Change -73.64% -31.18% 112.48%
Accrued Expenses $30.98M $57.20M $34.96M
YoY Change -20.81% -6.08% 70.03%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.075M $97.80M $11.76M
YoY Change 192.74% 728.81% -10.69%
Total Short-Term Liabilities $58.68M $170.4M $87.85M
YoY Change -17.42% 93.86% 7.53%
LONG-TERM LIABILITIES
Long-Term Debt $364.4M $259.1M $335.5M
YoY Change 6.65% -22.77% 4.0%
Other Long-Term Liabilities $2.961M $8.500M $4.674M
YoY Change -45.84% -37.96% -25.29%
Total Long-Term Liabilities $367.3M $267.6M $340.1M
YoY Change 5.83% -23.37% 3.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $58.68M $170.4M $87.85M
Total Long-Term Liabilities $367.3M $267.6M $340.1M
Total Liabilities $429.7M $438.1M $483.5M
YoY Change 0.85% 0.25% 1.56%
SHAREHOLDERS EQUITY
Retained Earnings -$1.802B -$1.490B
YoY Change 14.56% 19.03%
Common Stock $196.0K $184.0K
YoY Change 1.03% 0.55%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$146.8M -$114.8M $66.20M
YoY Change
Total Liabilities & Shareholders Equity $282.9M $323.3M $503.3M
YoY Change -43.14% -35.76% -30.21%

Cashflow Statement

Concept 2015 Q1 2014 2013 Q4
OPERATING ACTIVITIES
Net Income -$33.25M -$261.3M -$70.75M
YoY Change -55.45% 9.7% 35.55%
Depreciation, Depletion And Amortization $297.0K $2.391M $700.0K
YoY Change -40.36% -24.02% -50.0%
Cash From Operating Activities -$45.09M -$235.4M -$47.40M
YoY Change -37.46% 18.43% 22.48%
INVESTING ACTIVITIES
Capital Expenditures $31.00K $474.0K -$100.0K
YoY Change -91.93% -78.17% -91.67%
Acquisitions
YoY Change
Other Investing Activities $49.90M $146.8M $59.60M
YoY Change -17.79% 0.2% -160.51%
Cash From Investing Activities $49.90M $146.3M $59.60M
YoY Change -17.34% 1.37% -159.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $75.64M
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$217.0K $65.49M -200.0K
YoY Change -100.33% -661.25% -50.0%
NET CHANGE
Cash From Operating Activities -$45.09M -$235.4M -47.40M
Cash From Investing Activities $49.90M $146.3M 59.60M
Cash From Financing Activities -$217.0K $65.49M -200.0K
Net Change In Cash $4.592M -$23.58M 12.00M
YoY Change -91.43% -64.32% -108.65%
FREE CASH FLOW
Cash From Operating Activities -$45.09M -$235.4M -$47.40M
Capital Expenditures $31.00K $474.0K -$100.0K
Free Cash Flow -$45.12M -$235.9M -$47.30M
YoY Change -37.74% 17.39% 26.13%

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12000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
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CY2012 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
CY2013 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
CY2014 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
2762000 USD
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-106000 USD
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-108000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2013Q4 us-gaap Deferred Revenue Current
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1450000 USD
CY2014Q4 us-gaap Deferred Revenue Current
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2583000 USD
CY2012 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2000 USD
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2013Q4 us-gaap Deferred Tax Assets Deferred Income
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502000 USD
CY2014Q4 us-gaap Deferred Tax Assets Deferred Income
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988000 USD
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462394000 USD
CY2014Q4 us-gaap Deferred Tax Assets Gross
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550838000 USD
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0 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net
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0 USD
CY2013Q4 us-gaap Deferred Tax Assets Net
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40968000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net
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39667000 USD
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358372000 USD
CY2014Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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446343000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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64635000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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64368000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
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10107000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
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6521000 USD
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
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421426000 USD
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
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511171000 USD
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16000000 USD
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40968000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities
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39667000 USD
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0 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Derivatives
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704000 USD
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40968000 USD
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38963000 USD
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600000 USD
CY2013 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
800000 USD
CY2014 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1100000 USD
CY2012 us-gaap Depreciation
Depreciation
4800000 USD
CY2013 us-gaap Depreciation
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3100000 USD
CY2014 us-gaap Depreciation
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2300000 USD
CY2012 us-gaap Depreciation Depletion And Amortization
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5513000 USD
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3147000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
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2391000 USD
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921000 USD
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-0.36
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-0.38
CY2013 us-gaap Earnings Per Share Basic And Diluted
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-0.39
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-0.32
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-0.30
CY2014 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.38
CY2013 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
1500000 USD
CY2014 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
1600000 USD
CY2012 us-gaap Fair Value Adjustment Of Warrants
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0 USD
CY2013 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 USD
CY2014 us-gaap Fair Value Adjustment Of Warrants
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-1840000 USD
CY2014 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
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0 USD
CY2014 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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500000 USD
CY2013Q4 us-gaap Furniture And Fixtures Gross
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3691000 USD
CY2014Q4 us-gaap Furniture And Fixtures Gross
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3701000 USD
CY2012 us-gaap Gain Loss On Sale Of Business
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0 USD
CY2013 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2014 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
838000 USD
CY2012 us-gaap Gain Loss On Sale Of Investments
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0 USD
CY2014 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
0 USD
CY2013Q4 us-gaap Goodwill
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63684000 USD
CY2014Q4 us-gaap Goodwill
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63684000 USD
CY2013Q1 us-gaap Gross Profit
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9389000 USD
CY2013Q2 us-gaap Gross Profit
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11571000 USD
CY2013Q3 us-gaap Gross Profit
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5176000 USD
CY2013Q4 us-gaap Gross Profit
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4084000 USD
CY2014Q1 us-gaap Gross Profit
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4596000 USD
CY2014Q2 us-gaap Gross Profit
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6085000 USD
CY2014Q3 us-gaap Gross Profit
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5718000 USD
CY2014Q4 us-gaap Gross Profit
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6669000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations
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CY2013Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2013Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2013Q4 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2014Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2014Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2014Q3 us-gaap Income Loss From Continuing Operations
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CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-147538000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
0 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-8780000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-30944000 USD
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-147538000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
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CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-268724000 USD
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
107000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-96000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-182000 USD
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-50163000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-83251000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-91366000 USD
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
3297000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
3380000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
3598000 USD
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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504000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
393000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
255000 USD
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IncomeTaxReconciliationOtherAdjustments
39000 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
58000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
65000 USD
CY2012 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
100000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
74000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
10000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-182000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Credits
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CY2013 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
0 USD
CY2014 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
0 USD
CY2012 us-gaap Income Taxes Paid
IncomeTaxesPaid
1118000 USD
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
60000 USD
CY2012 us-gaap Increase Decrease In Accounts And Other Receivables
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-27038000 USD
CY2013 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
1190000 USD
CY2014 us-gaap Increase Decrease In Accounts And Other Receivables
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941000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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5149000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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8691000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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1169000 USD
CY2013 us-gaap Increase Decrease In Accrued Liabilities
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14398000 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities
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6587000 USD
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-14871000 USD
CY2014 us-gaap Increase Decrease In Deferred Revenue
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1133000 USD
CY2012 us-gaap Increase Decrease In Inventories
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0 USD
CY2013 us-gaap Increase Decrease In Inventories
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2890000 USD
CY2014 us-gaap Increase Decrease In Inventories
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1966000 USD
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
0 USD
CY2014 us-gaap Increase Decrease In Other Operating Assets
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2149000 USD
CY2012 us-gaap Increase Decrease In Other Operating Liabilities
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-1588000 USD
CY2013 us-gaap Increase Decrease In Other Operating Liabilities
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CY2014 us-gaap Increase Decrease In Other Operating Liabilities
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CY2012 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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1764000 USD
CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-1034000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-1526000 USD
CY2012 us-gaap Increase Decrease In Restricted Cash And Investments
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CY2013 us-gaap Increase Decrease In Restricted Cash And Investments
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CY2014 us-gaap Increase Decrease In Restricted Cash And Investments
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CY2012 us-gaap Increase Decrease In Restructuring Reserve
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5244000 USD
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CY2014 us-gaap Increase Decrease In Restructuring Reserve
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CY2012 us-gaap Interest Expense
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27088000 USD
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45347000 USD
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48607000 USD
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6982000 USD
CY2013 us-gaap Interest Paid
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19160000 USD
CY2014 us-gaap Interest Paid
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19109000 USD
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0 USD
CY2014Q4 us-gaap Inventory Adjustments
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2141000 USD
CY2013Q4 us-gaap Inventory Finished Goods
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81000 USD
CY2014Q4 us-gaap Inventory Finished Goods
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559000 USD
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2890000 USD
CY2014Q4 us-gaap Inventory Gross
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4522000 USD
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2890000 USD
CY2014Q4 us-gaap Inventory Net
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2381000 USD
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529000 USD
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1118000 USD
CY2013Q4 us-gaap Inventory Work In Process
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2280000 USD
CY2014Q4 us-gaap Inventory Work In Process
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2845000 USD
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39000 USD
CY2014 us-gaap Inventory Write Down
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200000 USD
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17031000 USD
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16364000 USD
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CY2014Q4 us-gaap Liabilities Current
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921000 USD
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0 USD
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104381000 USD
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287500000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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0 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
80000000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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0 USD
CY2013Q4 us-gaap Long Term Debt Noncurrent
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335475000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
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262395000 USD
CY2013Q4 us-gaap Long Term Investments
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CY2014Q4 us-gaap Long Term Investments
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80328000 USD
CY2014Q4 us-gaap Long Term Notes Payable
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80000000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
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CY2013 us-gaap Net Cash Provided By Used In Financing Activities
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CY2013 us-gaap Net Cash Provided By Used In Operating Activities
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CY2014 us-gaap Net Cash Provided By Used In Operating Activities
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CY2014 us-gaap Net Cash Provided By Used In Financing Activities
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65492000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
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CY2013 us-gaap Net Cash Provided By Used In Investing Activities
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144351000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
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146330000 USD
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CY2013Q3 us-gaap Net Income Loss
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CY2013Q4 us-gaap Net Income Loss
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CY2013 us-gaap Net Income Loss
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CY2014Q1 us-gaap Net Income Loss
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CY2014Q2 us-gaap Net Income Loss
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CY2014Q3 us-gaap Net Income Loss
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CY2014Q4 us-gaap Net Income Loss
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CY2014 us-gaap Net Income Loss
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CY2012 us-gaap Nonoperating Income Expense
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CY2013 us-gaap Nonoperating Income Expense
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CY2014 us-gaap Nonoperating Income Expense
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CY2013Q4 us-gaap Notes Payable Current
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1762000 USD
CY2014Q4 us-gaap Notes Payable Current
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381000 USD
CY2014 us-gaap Number Of Operating Segments
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1 segment
CY2012 us-gaap Operating Expenses
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169886000 USD
CY2013 us-gaap Operating Expenses
OperatingExpenses
232070000 USD
CY2014 us-gaap Operating Expenses
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249569000 USD
CY2012 us-gaap Operating Income Loss
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CY2013 us-gaap Operating Income Loss
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CY2014 us-gaap Operating Income Loss
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48493000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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20152000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
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9200000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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2806000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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9104000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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16431000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
0 USD
CY2012 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
17800000 USD
CY2013 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
9100000 USD
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20000 USD
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6000 USD
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4000 USD
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0 USD
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0 USD
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287000 USD
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100000 USD
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100000 USD
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CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of our consolidated financial statements is in conformity with accounting principles generally accepted in the United States which requires management to make judgments. The preparation of our consolidated financial statements is in conformity with accounting principles generally accepted in the United States which requires management to make judgments, estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses, and related disclosures. On an ongoing basis, management evaluates its estimates including, but not limited to, those related to revenue recognition, including for deductions from revenues (such as rebates, chargebacks, sales returns and sales allowances), recoverability of inventory, certain accrued liabilities including clinical trial accruals and restructuring liabilities, the valuation of the debt and equity components of our convertible debt at issuance, valuation of warrants, and share-based compensation. We base our estimates on historical experience and on various other market-specific and other relevant assumptions that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. </font><font style="font-family:inherit;font-size:10pt;">Actual results could differ materially from those estimates.</font></div><div style="line-height:120%;padding-top:18px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font></div></div>

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