Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets (Unaudited)

v2.4.1.9
Consolidated Balance Sheets (Unaudited) (USD $)
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 96,907,000us-gaap_CashAndCashEquivalentsAtCarryingValue [1] $ 185,798,000us-gaap_CashAndCashEquivalentsAtCarryingValue [1]
Accounts receivable, net 19,969,000us-gaap_AccountsReceivableNetCurrent [1] 19,767,000us-gaap_AccountsReceivableNetCurrent [1]
Inventory, net 16,604,000us-gaap_InventoryNet [1] 18,079,000us-gaap_InventoryNet [1]
Prepaid expenses and other current assets 9,389,000us-gaap_PrepaidExpenseAndOtherAssetsCurrent [1] 19,084,000us-gaap_PrepaidExpenseAndOtherAssetsCurrent [1]
Total current assets 142,869,000us-gaap_AssetsCurrent [1] 242,728,000us-gaap_AssetsCurrent [1]
Property, plant, equipment, and investment properties, net 16,411,000us-gaap_PropertyPlantAndEquipmentNet [1] 17,027,000us-gaap_PropertyPlantAndEquipmentNet [1]
Intangible assets, net 62,649,000us-gaap_FiniteLivedIntangibleAssetsNet [1] 74,533,000us-gaap_FiniteLivedIntangibleAssetsNet [1]
In-process research and development 793,152,000us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill [1] 793,341,000us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill [1]
Goodwill 224,292,000us-gaap_Goodwill [1] 226,373,000us-gaap_Goodwill [1]
Investments, net 22,453,000us-gaap_LongTermInvestments [1] 30,653,000us-gaap_LongTermInvestments [1]
Other assets 5,838,000us-gaap_OtherAssetsNoncurrent [1] 6,861,000us-gaap_OtherAssetsNoncurrent [1]
Total assets 1,267,664,000us-gaap_Assets [1] 1,391,516,000us-gaap_Assets [1]
Current liabilities:    
Accounts payable 8,744,000us-gaap_AccountsPayableCurrent [1] 13,414,000us-gaap_AccountsPayableCurrent [1]
Accrued expenses 60,912,000us-gaap_AccruedLiabilitiesCurrent [1] 65,874,000us-gaap_AccruedLiabilitiesCurrent [1]
Current portion of lines of credit and notes payable 13,455,000us-gaap_LongTermDebtCurrent [1] 12,562,000us-gaap_LongTermDebtCurrent [1]
Total current liabilities 83,111,000us-gaap_LiabilitiesCurrent [1] 91,850,000us-gaap_LiabilitiesCurrent [1]
2033 Senior Notes, net of discount and estimated fair value of embedded derivatives 131,454,000us-gaap_ConvertibleLongTermNotesPayable [1] 211,912,000us-gaap_ConvertibleLongTermNotesPayable [1]
Other long-term liabilities, principally contingent consideration and deferred tax liabilities 217,358,000us-gaap_OtherLiabilitiesNoncurrent [1] 214,775,000us-gaap_OtherLiabilitiesNoncurrent [1]
Total long-term liabilities 348,812,000us-gaap_LiabilitiesNoncurrent [1] 426,687,000us-gaap_LiabilitiesNoncurrent [1]
Total liabilities 431,923,000us-gaap_Liabilities [1] 518,537,000us-gaap_Liabilities [1]
Equity:    
Common Stock - $0.01 par value, 750,000,000 shares authorized; 433,421,677 and 414,818,195 shares issued at December 31, 2014 and 2013, respectively 4,334,000us-gaap_CommonStockValue [1] 4,148,000us-gaap_CommonStockValue [1]
Treasury Stock - 1,245,367 and 2,264,063 shares at December 31, 2014 and 2013, respectively (4,051,000)us-gaap_TreasuryStockValue [1] (7,362,000)us-gaap_TreasuryStockValue [1]
Additional paid-in capital 1,529,096,000us-gaap_AdditionalPaidInCapital [1] 1,379,383,000us-gaap_AdditionalPaidInCapital [1]
Accumulated other comprehensive income (loss) (12,392,000)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax [1] 3,418,000us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax [1]
Accumulated deficit (674,843,000)us-gaap_RetainedEarningsAccumulatedDeficit [1] (503,177,000)us-gaap_RetainedEarningsAccumulatedDeficit [1]
Total shareholders’ equity attributable to OPKO 842,144,000us-gaap_StockholdersEquity [1] 876,410,000us-gaap_StockholdersEquity [1]
Noncontrolling interests (6,403,000)us-gaap_MinorityInterest [1] (3,431,000)us-gaap_MinorityInterest [1]
Total shareholders’ equity 835,741,000us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest [1] 872,979,000us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest [1]
Total liabilities and equity 1,267,664,000us-gaap_LiabilitiesAndStockholdersEquity [1] 1,391,516,000us-gaap_LiabilitiesAndStockholdersEquity [1]
Variable interest entity, total assets 7,600,000us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets 6,700,000us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
Variable interest entity, total liabilities $ 12,100,000us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities $ 10,400,000us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
[1] As of December 31, 2014 and December 31, 2013, total assets include $7.6 million and $6.7 million, respectively, and total liabilities include $12.1 million and $10.4 million, respectively, related to SciVac, previously known as SciGen (I.L.) Ltd, a consolidated variable interest entity. SciVac’s consolidated assets are owned by SciVac and SciVac’s consolidated liabilities have no recourse against us. Refer to Note 4.