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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 21,221 $ 87,820
Accounts receivable, net 5,834 2,960
Inventory, net 6,013 2,211
Prepaid expenses and other current assets 3,388 4,467
Total current assets 36,456 97,458
Goodwill 20,123  
Intangible assets, net 14,873  
Right-of-use lease assets 536 15,491
Property and equipment, net 215 18,389
Restricted cash 40 909
Total assets 72,243 132,247
Current liabilities:    
Accounts payable 2,762 4,177
Accrued expenses 6,494 9,312
Accrued payroll and related expenses 2,878 8,332
Lease liabilities, current portion 204 2,766
Total current liabilities 12,338 24,587
Deferred royalty obligation, net 124,437 124,379
Accrued interest expense on deferred royalty obligation, less current portion 19,111 12,790
Lease liabilities, less current portion 332 26,481
Other noncurrent liabilities 4,112  
Total liabilities 160,330 188,237
Commitments and contingencies (Note 6)
Shareholders’ deficit:    
Common Stock, $0.0001 par value; 100,000,000 shares authorized, 27,402,648 and 27,195,469 shares issued and outstanding at December 31, 2020 and December 31, 2019, respectively 3 3
Additional paid-in capital 984,756 977,432
Accumulated deficit (1,076,752) (1,037,331)
Total shareholders’ deficit (88,087) (55,990)
Total liabilities and shareholders’ deficit 72,243 132,247
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 December 31, 2020 and December 31, 2019; and liquidation preference of $3,906 at December 31, 2020 and December 31, 2019 $ 3,906 $ 3,906