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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 105,973 $ 42,107
Accounts receivable, net 12,952 42,744
Inventories, net 518 3,412
Consideration receivable from sale of Gralise 50,019 0
Prepaid and other current assets 10,651 15,688
Total current assets 180,113 103,951
Property and equipment, net 3,233 3,497
Intangible assets, net 23,671 400,535
Investments, net 8,132 13,064
Other long-term assets 4,125 6,123
Total assets 219,274 527,170
Current liabilities:    
Accounts payable 4,982 16,193
Accrued rebates, returns and discounts 32,359 58,943
Accrued liabilities 24,716 18,948
Interest payable 304 8,375
Other current liabilities 2,066 2,094
Total current liabilities 122,293 184,553
Other long-term liabilities 12,944 13,401
Total liabilities 135,237 469,212
Commitments and contingencies
Shareholders’ equity:    
Common stock 8 8
Additional paid-in capital 442,600 457,751
Accumulated deficit (358,571) (399,801)
Total shareholders’ equity 84,037 57,958
Total liabilities and shareholders' equity 219,274 527,170
Senior Notes    
Current liabilities:    
Senior Notes, current portion 0 80,000
Senior Notes 0 76,443
Convertible debt    
Current liabilities:    
Senior Notes, current portion 57,866 0
Senior Notes $ 0 $ 194,815