XML 15 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 27,365 $ 154,684
Accounts receivable, net of $31,535 and $13,586 of adjustments for chargebacks and other allowances at December 31, 2016 and 2015, respectively 45,895 21,932
Inventories, net 26,183 13,387
Prepaid income taxes 0 1,127
Prepaid expenses and other current assets 3,564 1,453
Total Current Assets 103,007 192,583
Property and equipment, net 10,998 7,131
Restricted cash 5,002 0
Deferred tax asset, net of valuation allowance 26,227 17,316
Intangible assets, net 175,792 66,397
Goodwill 1,838 1,838
Total Assets 322,864 285,265
Current Liabilities    
Accounts payable 3,389 2,066
Accrued expenses and other 927 617
Accrued royalties 11,956 606
Accrued compensation and related expenses 1,631 1,188
Current income taxes payable 2,398 0
Accrued government rebates 5,891 4,631
Returned goods reserve 5,756 2,648
Total Current Liabilities 31,948 11,756
Long-term Liabilities    
Long-term royalties 625 0
Convertible notes, net of discount and deferred financing costs 120,643 113,427
Total Liabilities 153,216 125,183
Commitments and Contingencies (Note 11)
Stockholders' Equity    
Common Stock, $0.0001 par value, 33,333,334 shares authorized; 11,588,701 shares issued and outstanding at December 31, 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 December 31, 2016 and 2015, respectively 0 0
Preferred Stock, $0.0001 par value, 1,666,667 shares authorized; 0 shares issued and outstanding at December 31, 2016 and 2015, respectively 0 0
Additional paid-in capital 172,563 164,431
Accumulated deficit (2,916) (4,350)
Total Stockholders' Equity 169,648 160,082
Total Liabilities and Stockholders' Equity $ 322,864 $ 285,265