Print Page  Close Window


SEC Filings

8-K
OREXIGEN THERAPEUTICS, INC. filed this Form 8-K on 09/05/2018
Entire Document
 


Case 18-10518-KG     Doc 708     Filed 08/30/18     Page 4 of 11

 

In re: Orexigen Therapeutics, Inc.    Case No. 18-10518 (KG)
Debtor    Reporting Period: July 1, 2018 - July 31, 2018

MOR - 1

Consolidated Schedule of Cash Receipts and Disbursements (1)

For the Period: July 1, 2018 - July 31, 2018

(Unaudited)

 

           Cumulative  

$ USD ‘000s

   July 1, 2018 - July 31, 2018     Since Filing  

Beginning Cash Balance (Book)

   $ 15,618     $ 21,372  

Receipts

    

Operating Receipts

     15,690       64,422  

Miscellaneous Receipts

     68,809       69,062  
  

 

 

   

 

 

 

Total Receipts

     84,499       133,484  

Operating Disbursements

    

Payroll & Benefits / Contractors

     (6,754     (15,642

Inventory

     (995     (4,406

Manufacturing and Logistics

     (13     (133

Gross to Net Disbursements

     (6,921     (36,451

Marketing / Commercial Operations

     (502     (15,973

Ordinary Course Professionals

     (139     (637

Rent / Facilities / Equipment

     (139     (556

Insurance

     (51     (279

IT / Utilities

     (56     (298

Regulatory and Compliance

     (170     (555

Other G&A

     (241     (898
  

 

 

   

 

 

 

Total Operating Disbursements

     (15,980     (75,829

Operating Cash Flow

     68,519       57,656  

Reorganization Costs

    

DIP Loan Interest and Fees

     (43,754     (44,480

US Trustee Fees

     (250     (371

Restructuring Professional Fees

     (2,465     (3,564
  

 

 

   

 

 

 

Total Reorganization Costs

     (46,469     (48,415

Total Disbursements

   $ (62,448   $ (124,243
  

 

 

   

 

 

 

Lender Professional Fees

     (794     (1,339

Net Cash Flow

   $ 21,256     $ 7,902  

DIP Draw - Cash

     —         7,600  
  

 

 

   

 

 

 

Ending Cash Balance (Book)

   $ 36,874     $ 36,874  

Notes:

 

(1)

The Schedule of Cash Receipts and Disbursements is presented on a book basis.