Assertio therapeutics, inc. (ASRT)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Operating Activities
Net (loss) income

-161,670

-217,201

-48,713

-3,774

-11,217

36,908

27,942

-36,320

-41,931

-102,496

-113,760

-110,662

-94,544

-88,720

-75,020

-73,910

-85,022

-75,738

49,553

67,792

102,190

131,762

78,940

78,999

66,732

43,313

-2,192

-10,201

-26,457

-29,781

-39,914

-46,994

-36,895

70,726

0

0

0

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Change in fair value of contingent consideration

-

-

-

-

-

-

0

0

-2,924

-

-6,798

-5,066

-3,817

1,637

2,067

1,157

-332

-1,584

-1,726

-649

1,226

2,791

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of debt discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax benefit

-

-

-

-

-

-

-

-

-

-

-

-

-

23,632

-45,942

-42,249

-42,233

-41,354

42,967

52,012

67,905

87,378

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of convertible notes

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss On Debt Prepayment

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash interest expense on PDL liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,646

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash PDL royalty revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

242,808

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

85,024

102,946

102,922

104,113

105,498

106,426

107,200

106,627

106,071

105,502

105,387

106,730

108,056

109,375

110,826

110,781

110,445

85,737

60,892

36,247

11,941

12,025

11,108

9,639

7,910

6,161

5,272

4,833

3,751

2,561

1,508

522

355

399

0

0

0

Amortization of Debt Issuance Costs and Discounts

22,987

23,764

23,669

23,289

22,623

21,877

21,464

20,812

20,183

19,415

18,838

18,460

18,088

17,673

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Recurring fair value measurement of assets and liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for inventory obsolescence

-

-

-

-

-

-

0

0

2,690

-

2,770

2,886

979

1,179

-181

113

201

224

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on disposal of equipment

-

-

-

-

-

-669

-663

130

355

271

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

9,828

10,596

10,650

10,417

13,053

12,585

13,369

13,561

11,694

13,016

14,492

15,893

16,818

17,172

17,133

16,400

15,325

14,228

12,130

10,826

9,872

8,930

8,060

7,306

6,569

6,109

5,794

5,502

5,122

5,070

4,884

4,543

4,526

3,869

0

0

0

Provision for inventory and other assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,049

3,960

3,585

3,190

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other

1,638

327

-661

-4,128

-2,286

-1,023

-30

-15

-82

-240

-238

-403

-333

-611

-584

-553

-556

-358

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Accounts receivable

-30,537

5,533

-485

-7,838

-18,938

-35,271

-33,813

-36,559

-5,387

-30,107

-9,795

-1,333

-2,648

30,902

18,598

19,728

46,452

44,117

55,672

50,778

10,594

15,453

6,582

4,165

7,521

7,838

-765

1,951

2,744

-807

-451

-4,937

-14,038

-1,673

0

0

0

Receivables from collaborative partners

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-461

-253

-198

-508

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

2,657

316

-292

-1,396

-1,551

-9,048

-6,398

-5,484

-4,711

1,873

1,927

2,882

2,084

3,718

-277

173

-6,991

-9,329

-6,369

-8,482

-1,614

-1,689

-4,263

-4,422

-5,074

-4,266

-1,177

-763

344

2,346

1,961

475

2,280

3,016

0

0

0

Prepaid and other assets

-13,466

-40,769

-45,503

-10,096

-8,953

56,136

63,725

41,027

40,314

5,114

-2,242

-2,621

264

2,464

841

-3,429

-4,967

-6,085

3,426

3,224

1,535

2,190

244

572

729

-1,540

3,081

-488

720

1,509

-2,510

3,566

2,587

4,031

0

0

0

Income taxes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,332

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and other accrued liabilities

-13,295

-15,146

11,842

-4,178

-12,456

-33,610

-13,859

-41,623

-22,118

-6,436

-18,062

-213

10,967

5,862

-45,526

-2,872

32,677

59,019

97,810

48,908

-2,143

-4,579

12,855

16,075

8,000

7,348

3,316

-267

6,706

5,661

3,219

6,282

5,584

7,811

0

0

0

Accrued rebates, returns and discounts

-39,295

-16,816

-19,934

-16,364

-21,444

-60,069

-56,086

-59,834

-35,468

4,292

12,327

22,199

6,533

10,478

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest payable

-8,489

-3,270

-3,574

-3,089

-2,373

-1,576

-1,049

-927

-2,320

-2,705

-2,460

-2,574

-2,859

-2,747

-2,747

-5,057

15,629

15,992

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

564

761

1,344

2,063

2,992

1,533

1,247

1,780

279

-870

727

597

0

0

0

Income taxes payable

-

-

-

-

-

-126

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-1,127

-61,875

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-15,516

-3,183

-3,041

-3,041

-3,273

-7,669

-8,191

-9,586

-12,136

-3,278

-6,170

-8,594

-11,708

0

0

0

Amortization of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,397

-1,290

-952

-783

288

460

-376

-331

0

0

0

-

-

-

-

Net cash (used in) provided by operating activities

38,217

90,475

98,382

135,243

126,667

72,497

83,997

10,019

19,186

62,167

75,940

96,432

103,346

71,263

96,759

128,232

138,786

152,370

89,005

39,554

6,909

-55,917

-59,751

-44,933

-50,697

9,754

4,704

-9,824

-24,338

-30,985

-39,997

-49,298

-33,662

57,651

0

0

0

Investing Activities
Purchases of property and equipment

1,477

1,481

3,046

5,356

5,519

5,507

4,090

934

197

666

637

826

3,285

2,860

3,339

3,119

1,418

1,715

908

950

281

599

1,295

1,449

2,011

1,812

6,101

7,524

7,207

6,880

2,182

756

670

698

0

0

0

Acquisition of a business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,050,011

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposal of property and equipment

-

-

-

-

-

145

144

145

375

280

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of patents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

150

0

0

0

-

-

-

-

-

-

-

-

Purchases of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

68,818

102,917

124,671

119,625

116,209

129,204

87,196

74,788

73,754

20,186

21,428

20,989

37,746

32,732

30,983

32,143

38,462

71,280

128,848

188,149

195,162

0

0

0

Proceeds from sale of other assets

-

-

-

-

-

80

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maturities of marketable securities

-

-

-

-

-

0

-59,481

-57,081

-51,631

0

0

0

66,162

-

120,586

121,486

121,651

84,884

74,706

70,906

77,144

27,046

25,913

35,858

51,847

53,056

68,513

63,111

51,328

61,405

62,258

75,833

72,801

58,495

0

0

0

Sales of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43,704

0

0

0

-

-

-

0

Principal payments on long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,244

0

0

0

Net cash provided by (used in) investing activities

447,568

-1,481

-3,046

-15,470

-8,519

-7,082

-993

2,881

6,907

57,894

40,294

26,603

2,104

45,536

-8,674

-31,315

-574,403

-1,108,051

-1,105,406

-1,067,240

-497,925

-47,307

-43,275

-38,726

-22,537

-38,036

29,149

38,916

3,431

33,332

45,114

24,536

-15,175

-62,188

0

0

0

Financing Activities
Payment of contingent consideration liability

-

-

-

-

-

184

184

564

922

1,673

2,516

2,476

2,436

1,783

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of Senior Notes

-

-

-

-

-

82,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment for Debt Extinguishment or Debt Prepayment Cost

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,049

3,961

3,585

3,190

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock

226

251

351

519

1,409

2,020

3,263

3,382

6,979

8,940

10,695

12,030

11,165

9,951

8,943

8,903

8,527

10,398

10,816

10,897

10,703

9,803

8,698

8,215

5,673

3,727

3,057

2,321

2,626

2,686

2,311

2,118

6,408

8,298

0

0

0

Shares withheld for payment of employee's withholding tax liability

626

570

893

928

788

686

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-489,503

-157,836

-163,059

-108,658

-110,150

-81,350

-68,685

-68,892

-112,210

-110,886

-99,006

-97,631

-99,613

-100,174

-105,228

-103,190

564,807

568,097

577,203

910,635

348,513

347,218

585,442

249,870

246,590

243,880

3,057

2,321

2,626

2,686

2,310

1,972

5,198

6,054

0

0

0

Net increase (decrease) in cash and cash equivalents

-3,718

-68,842

-67,723

11,115

7,998

-15,935

14,319

-55,992

-86,117

9,175

17,228

25,404

5,837

16,625

-17,143

-6,273

129,190

-387,584

-439,198

-117,051

-142,503

243,994

482,416

166,211

173,356

215,598

36,910

31,413

-18,281

5,033

7,427

-22,790

-43,639

1,517

0

0

0

Supplemental Disclosure of Cash Flow Information
Net cash paid for income taxes

4,501

4,401

2,021

6,726

6,471

6,472

0

0

0

-

-

-

-

-

-

-

-

-4,048

-405

358

-282

58,318

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

35,417

37,788

41,683

44,862

47,000

48,440

49,521

50,504

52,833

55,542

62,882

65,457

68,346

71,093

68,839

71,213

55,499

39,511

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures incurred but not yet paid

370

500

235

239

223

212

-57

130

-4

0

97

408

-340

402

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gralise
Gain (Loss) on sale of assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NUCYNTA
Gain (Loss) on sale of assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Senior Notes
Loss on extinguishment of convertible notes

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of Debt Issuance Costs and Discounts

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment for Debt Extinguishment or Debt Prepayment Cost

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible debt
Payment for Debt Extinguishment or Debt Prepayment Cost

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-