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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 48,228 $ 100,300
Current restricted cash 5,006  
Accounts receivable, net of $161,052 and $105,260 of adjustments for chargebacks and other allowances at December 31, 2022 and 2021, respectively 165,438 128,526
Inventories, net 105,355 81,693
Prepaid income taxes 3,827 3,667
Assets held for sale 8,020  
Prepaid expenses and other current assets 8,387 7,589
Total Current Assets 344,261 321,775
Property and equipment 75,958 75,627
Accumulated depreciation (32,712) (22,956)
Property and equipment, net 43,246 52,671
Non-Current restricted cash   5,001
Deferred tax assets, net of deferred tax liabilities and valuation allowance 81,363 67,936
Intangible assets, net 251,635 294,122
Goodwill 28,221 27,888
Derivatives and other non-current assets 11,361 2,205
Total Assets 760,087 771,598
Current Liabilities    
Current debt, net of deferred financing costs 850 850
Accounts payable 29,305 22,967
Accrued royalties 9,307 6,225
Accrued compensation and related expenses 10,312 8,522
Accrued government rebates 10,872 5,492
Returned goods reserve 33,399 35,831
Accrued expenses and other 5,394 7,650
Total Current Liabilities 99,439 87,537
Non-current Liabilities    
Non-current debt, net of deferred financing costs and current component 285,669 286,520
Non-current contingent consideration 35,058 31,000
Derivatives and other non-current liabilities 1,381 7,801
Total Liabilities 421,547 412,858
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 December 31, 2022 and December 31, 2021 24,850 24,850
Stockholders' Equity    
Common Stock, $0.0001 par value, 33,333,334 shares authorized; 17,643,497 shares issued and 17,494,466 outstanding at December 31, 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 December 31, 2022 and December 31, 2021, respectively
Preferred Stock, $0.0001 par value, 1,666,667 shares authorized; 0 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively
Treasury stock, 149,031 shares of common stock, at cost, at December 31, 2022 and 82,662 shares of common stock, at cost, at December 31, 2021 (5,094) (3,135)
Additional paid-in capital 403,901 387,844
Accumulated deficit (97,286) (47,765)
Accumulated other comprehensive income/(loss), net of tax 12,168 (3,055)
Total Stockholders' Equity 313,690 333,890
Total Liabilities, Mezzanine Equity, and Stockholders' Equity $ 760,087 $ 771,598