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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 15,254 $ 7,864
Accounts receivable, net of $108,456 and $100,328 of adjustments for chargebacks and other allowances at September 30, 2021 and December 31, 2020, respectively 106,714 95,793
Inventories, net 61,684 60,803
Prepaid income taxes 3,030  
Prepaid expenses and other current assets 4,702 5,861
Total Current Assets 191,384 170,321
Property and equipment 60,816 58,797
Accumulated depreciation (21,290) (17,528)
Property and equipment, net 39,526 41,269
Restricted cash 5,001 5,003
Deferred tax assets, net of deferred tax liabilities and valuation allowance 60,196 51,704
Intangible assets, net 170,141 188,511
Goodwill 3,580 3,580
Other non-current assets 626 802
Total Assets 470,454 461,190
Current Liabilities    
Current debt, net of deferred financing costs 15,927 13,243
Accounts payable 11,513 11,261
Accrued royalties 3,996 6,407
Accrued compensation and related expenses 4,539 6,231
Current income taxes payable, net   3,906
Accrued government rebates 11,713 7,826
Returned goods reserve 32,229 27,155
Deferred revenue 62 80
Accrued expenses and other 4,893 2,456
Total Current Liabilities 84,872 78,565
Non-current Liabilities    
Non-current debt, net of deferred financing costs and current component 186,063 172,443
Derivatives and other non-current liabilities 8,116 14,482
Total Liabilities 279,051 265,490
Commitments and Contingencies (Note 11)
Stockholders' Equity    
Common Stock, $0.0001 par value, 33,333,334 shares authorized; 12,823,515 shares issued and 12,740,853 outstanding at September 30, 2021; 12,429,916 shares issued and 12,354,398 shares outstanding at December 31, 2020 1 1
Class C Special Stock, $0.0001 par value, 781,281 shares authorized; 10,864 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively
Preferred Stock, $0.0001 par value, 1,666,667 shares authorized; 0 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively
Treasury stock, 82,662 shares of common stock, at cost, at September 30, 2021 and 75,518 shares of common stock, at cost, at December 31, 2020 (3,135) (2,246)
Additional paid-in capital 222,211 214,354
Accumulated deficit (23,439) (4,972)
Accumulated other comprehensive loss, net of tax (4,235) (11,437)
Total Stockholders' Equity 191,403 195,700
Total Liabilities and Stockholders' Equity $ 470,454 $ 461,190