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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 56,281 $ 100,300
Accounts receivable, net of $111,000 and $105,260 of adjustments for chargebacks and other allowances at September 30, 2022 and December 31, 2021, respectively 140,433 128,526
Inventories, net 95,893 81,693
Prepaid income taxes 3,778 3,667
Assets held for sale 8,020  
Prepaid expenses and other current assets 4,972 7,589
Total Current Assets 309,377 321,775
Property and equipment 72,935 75,627
Accumulated depreciation (30,105) (22,956)
Property and equipment, net 42,830 52,671
Restricted cash 5,003 5,001
Deferred tax assets, net of deferred tax liabilities and valuation allowance 77,340 67,936
Intangible assets, net 264,237 294,122
Goodwill 28,221 27,888
Derivatives and other non-current assets 12,102 2,205
Total Assets 739,110 771,598
Current Liabilities    
Current debt, net of deferred financing costs 850 850
Accounts payable 18,992 22,967
Accrued royalties 6,585 6,225
Accrued compensation and related expenses 7,745 8,522
Accrued government rebates 8,745 5,492
Returned goods reserve 33,984 35,831
Accrued expenses and other 4,726 7,650
Total Current Liabilities 81,627 87,537
Non-current Liabilities    
Non-current debt, net of deferred financing costs and current component 285,882 286,520
Non-current contingent consideration 33,434 31,000
Derivatives and other non-current liabilities 1,492 7,801
Total Liabilities 402,435 412,858
Commitments and Contingencies (Note 13)
Mezzanine Equity    
Convertible Preferred Stock, Series A, $0.0001 par value, 1,666,667 shares authorized; 25,000 shares issued and outstanding at September 30, 2022 and December 31, 2021 24,850 24,850
Stockholders' Equity    
Common Stock, $0.0001 par value, 33,333,334 shares authorized; 17,613,771 shares issued and 17,467,920 outstanding at September 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 September 30, 2022 and December 31, 2021, respectively
Preferred Stock, $0.0001 par value, 1,666,667 shares authorized; 0 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively
Treasury stock, 145,851 shares of common stock, at cost, at September 30, 2022 and 82,662 shares of common stock, at cost, at December 31, 2021 (4,975) (3,135)
Additional paid-in capital 399,396 387,844
Accumulated deficit (92,636) (47,765)
Accumulated other comprehensive income/(loss), net of tax 10,039 (3,055)
Total Stockholders' Equity 311,825 333,890
Total Liabilities, Mezzanine Equity, and Stockholders' Equity $ 739,110 $ 771,598