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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 27,760 $ 87,820
Accounts receivable, net 3,929 2,960
Inventory, net 7,274 2,211
Prepaid expenses and other current assets 3,240 4,467
Total current assets 42,203 97,458
Property and equipment, net 284 18,389
Right-of-use lease assets 2,150 15,491
Restricted cash 699 909
Intangible assets, net 15,261  
Goodwill 20,123  
Total assets 80,720 132,247
Current liabilities:    
Accounts payable 3,928 4,177
Accrued expenses 7,683 9,312
Accrued payroll and related expenses 6,164 8,332
Lease liabilities, current portion 985 2,766
Total current liabilities 18,760 24,587
Lease liabilities, less current portion 1,249 26,481
Deferred royalty obligation, net 124,421 124,379
Other noncurrent liabilities 21,805 12,790
Total liabilities 166,235 188,237
Commitments and contingencies (Note 6)
Shareholders’ deficit:    
Common Stock, $0.0001 par value; 100,000,000 shares authorized, 27,378,048 and 27,195,469 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 3 3
Additional paid-in capital 983,850 977,432
Accumulated deficit (1,073,274) (1,037,331)
Total shareholders’ deficit (85,515) (55,990)
Total liabilities and shareholders’ deficit 80,720 132,247
Series C-1 Convertible Preferred Stock    
Shareholders’ deficit:    
Series C-12 Convertible Preferred Stock, $0.0001 par value; 11,000 shares authorized, 3,906 shares issued and outstanding at September 30, 2020 and December 31, 2019; and liquidation preference of $3,906 at September 30, 2020 and December 31, 2019 $ 3,906 $ 3,906