Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income (loss) $ 41,582 $ (2,463)
Adjustments to reconcile net income (loss) to net cash (used in) operating activities:    
Gain on sale of assets, net of taxes (42,684)
Change in valuation allowance, income tax (1,027)
Depreciation and amortization 419 213
Amortization of loan origination and warrant expenses 10 12
Share-based compensation expense 18 1
Changes in operating assets and liabilities:    
Accounts receivable 3,935 2,199
Inventory 770 (18)
Prepaid and other assets (169) 703
Accounts payable (1,240) 382
Accrued advertising and other allowances (1,254) (621)
Due to Mylan, Inc. and affiliates 717
Other current liabilities (1,450) (596)
Assets held for sale, discontinued operations (294)
Net cash used in operating activities (667) (188)
Cash flows from investing activities:    
Net proceeds from the sale of asset 40,825
Capital expenditures (132) (327)
Net cash provided by (used in) investing activities 40,693 (327)
Cash flows from financing activities:    
Payments to retire Notes (1,500)
Payments to acquire treasury stock (1,858)
Proceeds from exercise of warrants and stock options 171
Net cash used in financing activities (3,187)
Net increase (decrease) in cash and cash equivalents 36,839 (515)
Cash and cash equivalents at beginning of period 441 1,664
Cash and cash equivalents at end of period 37,280 1,149
Supplemental disclosures of cash flow information:    
Interest paid 54 95
Income taxes paid 1,350
Non-cash investing activities    
Escrow receivable $ 5,000