XML 19 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 31,144 $ 27,365
Accounts receivable, net of $34,686 and $31,535 of adjustments for chargebacks and other allowances at December 31, 2017 and 2016, respectively 58,788 45,895
Inventories, net 37,727 26,183
Prepaid income taxes 1,162 0
Prepaid expenses and other current assets 2,784 3,564
Total Current Assets 131,605 103,007
Property and equipment, net 20,403 10,998
Restricted cash 5,006 5,002
Deferred tax asset, net of valuation allowance 22,667 26,227
Intangible assets, net 229,790 175,792
Goodwill 1,838 1,838
Other long-term assets 829 0
Total Assets 412,138 322,864
Current Liabilities    
Accounts payable 3,630 3,389
Accrued expenses and other 1,571 927
Accrued royalties 12,164 11,956
Accrued compensation and related expenses 2,306 1,631
Current income taxes payable 0 2,398
Accrued government rebates 7,930 5,891
Returned goods reserve 8,274 5,756
Current component of long-term borrowing, net of deferred financing costs 3,353 0
Total Current Liabilities 39,228 31,948
Long-term Liabilities    
Long-term royalties 0 625
Long-term borrowing, net of deferred financing costs and current borrowing component 69,946 0
Convertible notes, net of discount and deferred financing costs 128,208 120,643
Total Liabilities 237,382 153,216
Commitments and Contingencies (Note 10)
Stockholders' Equity    
Common Stock, $0.0001 par value, 33,333,334 shares authorized; 11,655,768 shares issued and 11,650,565 shares outstanding at December 31, 2017; 11,588,701 shares issued and outstanding at December 31, 2016 1 1
Class C Special Stock, $0.0001 par value, 781,281 shares authorized; 10,864 shares issued and outstanding at December 31, 2017 and 2016, respectively 0 0
Preferred Stock, $0.0001 par value, 1,666,667 shares authorized; 0 shares issued and outstanding at December 31, 2017 and 2016, respectively 0 0
Treasury stock, 5,203 shares of common stock, at cost, at December 31, 2017; 0 shares of common stock at December 31, 2016 (259) 0
Additional paid-in capital 179,020 172,563
Accumulated deficit (4,006) (2,916)
Total Stockholders' Equity 174,756 169,648
Total Liabilities and Stockholders' Equity $ 412,138 $ 322,864