Pacira BioSciences Inc
For the period ended Mar 31, 2024. Filed May 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 7, 2024
PCRX$36.49+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Operating activities: | ||
| Net income (loss) | $8,979 | $(19,536) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Deferred taxes | 3,463 | (7,342) |
| Depreciation of fixed assets and amortization of intangible assets | 18,426 | 19,602 |
| Amortization of debt issuance costs | 681 | 937 |
| Amortization of debt discount | 24 | 675 |
| Loss on early extinguishment of debt | — | 16,926 |
| Stock-based compensation | 13,151 | 11,990 |
| Changes in contingent consideration | (3,806) | 11,618 |
| Other net losses (gains) | 73 | (23) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | 3,917 | 5,192 |
| Inventories, net | 7,572 | 3,086 |
| Prepaid expenses and other assets | 897 | (1,926) |
| Accounts payable | (6,976) | 2,628 |
| Accrued expenses and income taxes payable | 3,471 | (25,120) |
| Other liabilities | (771) | 421 |
| Net cash provided by operating activities | 49,101 | 19,128 |
| Investing activities: | ||
| Purchases of fixed assets | (2,836) | (6,565) |
| Purchases of available-for-sale investments | (56,055) | (49,497) |
| Sales of available-for-sale investments | 43,361 | 126,245 |
| Purchases of debt investments | — | (4,000) |
| Net cash (used in) provided by investing activities | (15,530) | 66,183 |
| Financing activities: | ||
| Proceeds from exercises of stock options | — | 333 |
| Payment of employee withholding taxes on restricted stock unit vests | (4) | — |
| Proceeds from Term loan A facility | — | 149,550 |
| Repayment of Term loan B facility | — | (296,875) |
| Repayment of Term loan A facility | (2,813) | — |
| Debt extinguishment costs | — | (5,750) |
| Payment of debt issuance and financing costs | — | (1,163) |
| Net cash used in financing activities | (2,817) | (153,905) |
| Net increase (decrease) in cash and cash equivalents | 30,754 | (68,594) |
| Cash and cash equivalents, beginning of period | 153,298 | 104,139 |
| Cash and cash equivalents, end of period | $184,052 | $35,545 |
| Supplemental cash flow information: | ||
| Cash paid for interest | $3,969 | $17,634 |
| Net cash (received) paid for income taxes | $(245) | $201 |
| Non-cash investing and financing activities: | ||
| Fixed assets included in accounts payable and accrued liabilities | $607 | $2,252 |
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