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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 63,385 $ 100,300
Accounts receivable, net of $150,428 and $105,260 of adjustments for chargebacks and other allowances at June 30, 2022 and December 31, 2021, respectively 150,410 128,526
Inventories, net 92,545 81,693
Prepaid income taxes 2,013 3,667
Assets held-for-sale 8,020  
Prepaid expenses and other current assets 6,026 7,589
Total Current Assets 322,399 321,775
Property and equipment 71,042 75,627
Accumulated depreciation (27,271) (22,956)
Property and equipment, net 43,771 52,671
Restricted cash 5,001 5,001
Deferred tax assets, net of deferred tax liabilities and valuation allowance 76,587 67,936
Intangible assets, net 269,593 294,122
Goodwill 28,221 27,888
Derivatives and other non-current assets 5,762 2,205
Total Assets 751,334 771,598
Current Liabilities    
Current debt, net of deferred financing costs 850 850
Accounts payable 27,641 22,967
Accrued royalties 6,295 6,225
Accrued compensation and related expenses 5,682 8,522
Accrued government rebates 9,440 5,492
Returned goods reserve 34,899 35,831
Accrued expenses and other 11,505 7,650
Total Current Liabilities 96,312 87,537
Non-current Liabilities    
Non-current debt, net of deferred financing costs and current component 286,095 286,520
Non-current contingent consideration 30,958 31,000
Derivatives and other non-current liabilities 1,011 7,801
Total Liabilities 414,376 412,858
Commitments and Contingencies (Note 12)
Mezzanine Equity    
Convertible Preferred Stock, Series A, $0.0001 par value, 1,666,667 shares authorized; 25,000 shares issued and outstanding at June 30, 2022 and December 31, 2021 24,850 24,850
Stockholders' Equity    
Common Stock, $0.0001 par value, 33,333,334 shares authorized; 17,566,363 shares issued and 17,447,658 outstanding at June 30, 2022; 16,912,401 shares issued and 16,829,739 shares outstanding at December 31, 2021 1 1
Class C Special Stock, $0.0001 par value, 781,281 shares authorized; 10,864 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively
Preferred Stock, $0.0001 par value, 1,666,667 shares authorized; 0 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively
Treasury stock, 139,112 shares of common stock, at cost, at June 30, 2022 and 82,662 shares of common stock, at cost, at December 31, 2021 (4,736) (3,135)
Additional paid-in capital 395,043 387,844
Accumulated deficit (83,630) (47,765)
Accumulated other comprehensive income/(loss), net of tax 5,430 (3,055)
Total Stockholders' Equity 312,108 333,890
Total Liabilities, Mezzanine Equity, and Stockholders' Equity $ 751,334 $ 771,598