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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 46,668 $ 21,221
Accounts receivable, net 8,610 5,834
Inventory, net 6,281 6,013
Prepaid expenses and other current assets 5,756 3,388
Total current assets 67,315 36,456
Goodwill 20,123 20,123
Intangible assets, net 13,321 14,873
Right-of-use lease assets 318 536
Property and equipment, net 113 215
Restricted cash 40 40
Total assets 101,230 72,243
Current liabilities:    
Accounts payable 2,278 2,762
Accrued expenses 4,866 5,617
Accrued interest expense on deferred royalty obligation, current portion 5,163 3,567
Deferred revenue 2,849 188
Paycheck Protection Program loan, current portion 2,325  
Lease liabilities, current portion 154 204
Total current liabilities 17,635 12,338
Deferred royalty obligation, net 124,503 124,437
Accrued interest expense on deferred royalty obligation, less current portion 24,590 19,111
Lease liabilities, less current portion 164 332
Other noncurrent liabilities 1,076 4,112
Total liabilities 167,968 160,330
Commitments and contingencies (Note 6)
Stockholders’ deficit:    
Common Stock, $0.0001 par value; 100,000,000 shares authorized, 26,783,544 and 27,402,648 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively 3 3
Additional paid-in capital 986,445 984,756
Accumulated deficit (1,057,092) (1,076,752)
Total stockholders’ deficit (66,738) (88,087)
Total liabilities and stockholders’ deficit 101,230 72,243
Series C-1 Convertible Preferred Stock    
Stockholders’ deficit:    
Series C-12 Convertible Preferred Stock, $0.0001 par value; 11,000 shares authorized, 3,906 shares issued and outstanding at December 31, 2021 and December 31, 2020; and liquidation preference of $3,906 at December 31, 2021 and December 31, 2020 $ 3,906 $ 3,906