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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 15,014 $ 154,684
Accounts receivable, net of $23,406 and $13,586 of adjustments for chargebacks and other allowances at June 30, 2016 and December 31, 2015, respectively 35,562 21,932
Inventories, net 25,052 13,387
Prepaid income taxes 150 1,127
Prepaid expenses and other current assets 4,046 1,453
Total Current Assets 79,824 192,583
Property and equipment, net 8,911 7,131
Restricted cash 5,001 0
Deferred tax asset, net of valuation allowance 17,751 17,316
Intangible assets, net 194,674 66,397
Goodwill 1,838 1,838
Total Assets 307,999 285,265
Current Liabilities    
Accounts payable 4,961 2,066
Accrued expenses and other 770 617
Accrued royalties 8,110 606
Accrued compensation and related expenses 1,071 1,188
Accrued Medicaid rebates 6,509 4,631
Returned goods reserve 3,309 2,648
Total Current Liabilities 24,730 11,756
Long-term Liabilities    
Long-term royalties 2,500 0
Convertible notes, net of discount and deferred financing costs 116,993 113,427
Total Liabilities 144,223 125,183
Commitments and Contingencies (Note 11)
Stockholders' Equity    
Common Stock, $0.0001 par value, 33,333,334 shares authorized; 11,513,802 shares issued and outstanding at June 30, 2016; 11,498,228 shares issued and outstanding at December 31, 2015 1 1
Class C Special Stock, $0.0001 par value, 781,281 shares authorized; 10,864 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 0 0
Preferred Stock, $0.0001 par value, 1,666,667 shares authorized; 0 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 0 0
Additional paid-in capital 168,154 164,431
Accumulated deficit (4,379) (4,350)
Total Stockholders' Equity 163,776 160,082
Total Liabilities and Stockholders' Equity $ 307,999 $ 285,265