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Revenues, Recognition and Allowances (Tables)
 3 Months Ended
Mar. 31, 2018
Revenue from Contract with Customer [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The table below summarizes the affect of the adoption of ASC 606 on the Company's Condensed Consolidated Balance Sheet as of March 31, 2018:

 
As Reported
 
Balance Without Adoption of New Revenue Standard
 
Effect of Change Higher/(Lower)
ASSETS
 
 
 
 
 
Current assets:
 
 
 
 
 
     Accounts receivable, net
$
13,415

 
$
16,684

 
$
(3,269
)
 
 
 
 
 
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
 
 
 
 
 
Current liabilities:
 
 
 
 
 
     Accrued expenses
$
11,138

 
$
14,407

 
$
(3,269
)

The table below summarizes the affect of the adoption of ASC 606 on the Company's Condensed Consolidated Statement of Operations as of March 31, 2018:

 
As Reported
 
Balance Without Adoption of New Revenue Standard
 
Effect of Change Higher/(Lower)
 
 
 
 
 
 
Revenue, net
$
14,545

 
$
15,180

 
$
(635
)
 
 
 
 
 
 
Cost of revenue
$
9,325

 
$
9,960

 
$
(635
)
Disaggregation of Revenues
Net Sales (in thousands) for the three months ended March 31, 2018 and 2017 were as follows (prior-period amounts are not adjusted under the modified-retrospective method of adoption):
 
Three months ended March 31,
 
2018
 
2017
Company product sales
$
13,236

 
$
16,436

Contract manufacturing sales
1,298

 
3,417

Research and development services and other income
11

 
38

Revenue, net
$
14,545

 
$
19,891



Disaggregated information for the Company product sales revenue has been recognized in the accompanying unaudited interim Condensed Consolidated Statements of Operations is presented below according to contract type (in thousands):
 
Three months ended March 31,
Company Product Sales
2018
 
2017
Topical
$
7,908

 
$
8,948

Injectables
5,328

 
7,488

Total
$
13,236

 
$
16,436
Schedule of Accounts, Notes, Loans and Financing Receivable
The Company's adjustments for the deductions to gross product sales are as follows (in thousands):
 
Three months ended March 31,
 
2018
 
2017
Gross product sales
$
36,548

 
$
54,300

 
 
 
 
Reduction to gross product sales:
 

 
 

Chargebacks and billbacks
16,915

 
30,015

Wholesaler fees for service
635

 
—

Sales discounts and other allowances
5,762

 
7,849

Total reduction to gross product sales
$
23,312

 
$
37,864

 
 
 
 
Company product sales, net
$
13,236

 
$
16,436