XML 16 R5.htm IDEA: XBRL DOCUMENT v3.19.2
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 17,111 $ 9,325
Marketable securities 62,151 90,590
Accounts receivable 10,172 11,330
Inventories 2,601 4,770
Prepaid expenses and other current assets 5,165 8,836
Total current assets 97,200 124,851
Property and equipment, net 934 1,911
Operating lease right-of-use assets 5,454  
Goodwill 18,491 18,491
Intangible assets, net 1,224 1,629
Research and development tax credit receivable 7,833 7,272
Other non-current assets 34,573 36,146
Total assets 165,709 190,300
Current liabilities:    
Current portion of long-term debt 105 106
Current portion of long-term related party payable 8,264 9,439
Current portion of operating lease liability 999  
Accounts payable 4,798 3,503
Accrued expenses 15,737 21,695
Other current liabilities 3,677 3,640
Total current liabilities 33,580 38,383
Long-term debt, less current portion 118,631 115,734
Long-term related party payable, less current portion 15,983 19,401
Long-term operating lease liability 3,617  
Other non-current liabilities 11,675 14,002
Total liabilities 183,486 187,520
Shareholders’ (deficit) equity:    
Preferred shares, nominal value of $0.01 per share; 50,000 shares authorized; none issued or outstanding at June 30, 2019 and December 31, 2018, respectively 0 0
Ordinary shares, nominal value of $0.01 per share; 500,000 shares authorized; 42,763 issued and 37,356 outstanding at June 30, 2019 and 42,720 issued and 37,313 outstanding at December 31, 2018 427 427
Treasury shares, at cost, 5,407 shares held at June 30, 2019 and December 31, 2018, respectively (49,998) (49,998)
Additional paid-in capital 434,254 433,756
Accumulated deficit (379,612) (357,989)
Accumulated other comprehensive loss (22,848) (23,416)
Total shareholders’ (deficit) equity (17,777) 2,780
Total liabilities and shareholders’ (deficit) equity $ 165,709 $ 190,300