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v3.10.0.1

Condensed Consolidated Statements of Cash Flows Statement - USD ($) | 6 Months Ended
--- | ---
Jun. 30, 2018 | Jun. 30, 2017
Cash flows from operating activities: |  |
Net income (loss) including noncontrolling interests in operating subsidiaries | $ (60,617,000) | $ (26,385,000)
Adjustments to reconcile net loss including noncontrolling interests in operating subsidiaries to net cash provided by operating activities: |  |
Gain on Conversion of Loan and Accrued Interest | 0 | 2,671,000
Gain on exercise of Primary Warrant | 0 | (4,616,000)
Change in fair value of investment, net | 29,750,000 | 12,698,000
Depreciation and amortization | 10,627,000 | 11,134,000
Non-cash stock compensation | 182,000 | 3,615,000
Impairment of Intangible Assets (Excluding Goodwill) | 29,210,000 | 0
Other | (313,000) | (598,000)
Changes in assets and liabilities: |  |
Accounts receivable | (934,000) | 12,505,000
Prepaid expenses and other assets | (571,000) | (1,474,000)
Accounts payable and accrued expenses | 861,000 | (5,054,000)
Royalties and contingent legal fees payable | 1,436,000 | (4,481,000)
Net cash provided by operating activities | 9,631,000 | (5,327,000)
Cash flows from investing activities: |  |
Payments to Acquire Other Investments | (7,000,000) | (31,514,000)
Advances to Investee | 0 | (4,000,000)
Purchase of available-for-sale investments | (49,895,000) | (331,412,000)
Maturities and sale of available-for-sale investments | 15,400,000 | 295,807,000
Net cash provided by (used in) investing activities | (41,495,000) | (71,119,000)
Cash flows from financing activities: |  |
Repurchase of common stock | (4,634,000) | 0
Repurchased Restricted Common Stock | 7,000 | 35,000
Proceeds from exercises of stock options | 51,000 | 649,000
Net cash used in financing activities | (4,590,000) | 614,000
Increase (decrease) in cash and cash equivalents | (36,454,000) | (75,832,000)
Cash and cash equivalents, beginning | 136,604,000 | 139,052,000
Cash and cash equivalents, ending | $ 100,150,000 | $ 63,220,000

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