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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 51,970 $ 31,144
Accounts receivable, net of $30,786 and $34,686 of adjustments for chargebacks and other allowances at March 31, 2018 and December 31, 2017, respectively 54,801 58,788
Inventories, net 34,294 37,727
Prepaid income taxes, net 62 1,162
Prepaid expenses and other current assets 2,267 2,784
Total Current Assets 143,394 131,605
Property and equipment, net 21,882 20,403
Restricted cash 5,002 5,006
Deferred tax asset, net of valuation allowance 23,163 22,667
Intangible assets, net 221,917 229,790
Goodwill 1,838 1,838
Other long-term assets 823 829
Total Assets 418,019 412,138
Current Liabilities    
Accounts payable 4,886 3,630
Accrued expenses and other 2,612 1,571
Accrued royalties 11,361 12,164
Accrued compensation and related expenses 1,495 2,306
Accrued government rebates 6,471 7,930
Returned goods reserve 9,020 8,274
Current component of long-term borrowing, net of deferred financing costs 3,805 3,353
Total Current Liabilities 39,650 39,228
Long-term Liabilities    
Long-term borrowing, net of deferred financing costs and current borrowing component 68,569 69,946
Convertible notes, net of discount and deferred financing costs 130,156 128,208
Total Liabilities 238,375 237,382
Commitments and Contingencies (Note 10)
Stockholders' Equity    
Common Stock, $0.0001 par value, 33,333,334 shares authorized; 11,729,981 shares issued and 11,725,692 shares outstanding at March 31, 2018; 11,655,768 shares issued and 11,650,565 outstanding at December 31, 2017 1 1
Class C Special Stock, $0.0001 par value, 781,281 shares authorized; 10,864 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively 0 0
Preferred Stock, $0.0001 par value, 1,666,667 shares authorized; 0 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively 0 0
Treasury stock, 4,289 shares of common stock, at cost, at March 31, 2018 and 5,203 shares of common stock, at cost, at December 31, 2017 (250) (259)
Additional paid-in capital 181,649 179,020
Accumulated deficit (1,756) (4,006)
Total Stockholders' Equity 179,644 174,756
Total Liabilities and Stockholders' Equity $ 418,019 $ 412,138