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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 9,774 $ 9,325
Marketable securities 54,384 90,590
Accounts receivable 8,281 11,330
Inventories, net 3,570 4,770
Research and development tax credit receivable 2,107 283
Prepaid expenses and other current assets 4,264 8,553
Total current assets 82,380 124,851
Property and equipment, net 544 1,911
Operating lease right-of-use assets 3,612 0
Goodwill 18,491 18,491
Intangible assets, net 813 1,629
Research and development tax credit receivable 6,322 7,272
Other non-current assets 39,274 36,146
Total assets 151,436 190,300
Current liabilities:    
Current portion of long-term debt 0 106
Current portion of long-term related party payable 5,554 9,439
Current portion of operating lease liability 645 0
Accounts payable 6,100 3,503
Accrued expenses 19,810 21,695
Other current liabilities 3,875 3,640
Total current liabilities 35,984 38,383
Long-term debt, less current portion 121,686 115,734
Long-term related party payable, less current portion 11,773 19,401
Long-term operating lease liability 2,319 0
Other non-current liabilities 8,873 14,002
Total liabilities 180,635 187,520
Shareholders’ (deficit) equity:    
Preferred shares, nominal value of $0.01 per share; 50,000 shares authorized; none issued or outstanding at December 31, 2019 and December 31, 2018, respectively 0 0
Ordinary shares, nominal value of $0.01 per share; 500,000 shares authorized; 42,927 issued and 37,520 outstanding at December 31, 2019, and 42,720 issued and 37,313 outstanding at December 31, 2018 429 427
Treasury shares, at cost, 5,407 shares held at December 31, 2019 and December 31, 2018, respectively (49,998) (49,998)
Additional paid-in capital 434,391 433,756
Accumulated deficit (391,215) (357,989)
Accumulated other comprehensive loss (22,806) (23,416)
Total shareholders’ (deficit) equity (29,199) 2,780
Total liabilities and shareholders’ (deficit) equity $ 151,436 $ 190,300