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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 7,864 $ 62,332
Accounts receivable, net of $100,328 and $59,946 of adjustments for chargebacks and other allowances at December 31, 2020 and 2019, respectively 95,793 72,129
Inventories, net 60,803 48,163
Prepaid income taxes 0 1,076
Prepaid expenses and other current assets 5,861 3,995
Total Current Assets 170,321 187,695
Property and equipment, net 41,269 40,551
Restricted cash 5,003 5,029
Deferred tax assets, net of deferred tax liabilities and valuation allowance 51,704 38,326
Intangible assets, net 188,511 180,388
Goodwill 3,580 3,580
Other non-current assets 802 1,220
Total Assets 461,190 456,789
Current Liabilities    
Current debt, net of deferred financing costs 13,243 9,941
Accounts payable 11,261 14,606
Accrued expenses and other 2,456 2,362
Accrued royalties 6,407 5,084
Accrued compensation and related expenses 6,231 3,736
Current income taxes payable, net 3,906 0
Accrued government rebates 7,826 8,901
Returned goods reserve 27,155 16,595
Deferred revenue 80 451
Total Current Liabilities 78,565 61,676
Non-current Liabilities    
Non-current debt, net of deferred financing costs and current component 172,443 175,808
Derivatives and other non-current liabilities 14,482 6,514
Total Liabilities 265,490 243,998
Commitments and Contingencies (Note 12)
Stockholders' Equity    
Common Stock, $0.0001 par value, 33,333,334 shares authorized; 12,429,916 shares issued and 12,354,398 outstanding at December 31, 2020; 12,104,875 shares issued and 12,089,565 shares outstanding at December 31, 2019 1 1
Class C Special Stock, $0.0001 par value, 781,281 shares authorized; 10,864 shares issued and outstanding at December 31, 2020 and December 31, 2019, respectively
Preferred Stock, $0.0001 par value, 1,666,667 shares authorized; 0 shares issued and outstanding at December 31, 2020 and December 31, 2019, respectively
Treasury stock, 75,518 shares of common stock, at cost, at December 31, 2020 and 15,310 shares of common stock, at cost, at December 31, 2019 (2,246) (723)
Additional paid-in capital 214,354 200,800
(Accumulated deficit)/retained earnings (4,972) 17,584
Accumulated other comprehensive loss, net of tax (11,437) (4,871)
Total Stockholders' Equity 195,700 212,791
Total Liabilities and Stockholders' Equity $ 461,190 $ 456,789