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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 54,994 $ 31,144
Accounts receivable, net of $58,439 and $34,686 of adjustments for chargebacks and other allowances at June 30, 2018 and December 31, 2017, respectively 56,115 58,788
Inventories, net 37,756 37,727
Prepaid income taxes, net 1,734 1,162
Prepaid expenses and other current assets 1,768 2,784
Total Current Assets 152,367 131,605
Property and equipment, net 22,842 20,403
Restricted cash 5,007 5,006
Deferred tax assets, net of deferred tax liabilities and valuation allowance 23,590 22,667
Intangible assets, net 217,484 229,790
Goodwill 1,838 1,838
Other long-term assets 1,049 829
Total Assets 424,177 412,138
Current Liabilities    
Accounts payable 7,949 3,630
Accrued expenses and other 1,863 1,571
Accrued royalties 8,219 12,164
Accrued compensation and related expenses 1,410 2,306
Accrued government rebates 5,256 7,930
Returned goods reserve 9,764 8,274
Current component of long-term borrowing, net of deferred financing costs 5,217 3,353
Total Current Liabilities 39,678 39,228
Long-term Liabilities    
Long-term borrowing, net of deferred financing costs and current borrowing component 67,262 69,946
Convertible notes, net of discount and deferred financing costs 132,127 128,208
Total Liabilities 239,067 237,382
Commitments and Contingencies (Note 11)
Stockholders' Equity    
Common Stock, $0.0001 par value, 33,333,334 shares authorized; 11,828,555 shares issued and 11,817,376 shares outstanding at June 30, 2018; 11,655,768 shares issued and 11,650,565 outstanding at December 31, 2017 1 1
Class C Special Stock, $0.0001 par value, 781,281 shares authorized; 10,864 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively 0 0
Preferred Stock, $0.0001 par value, 1,666,667 shares authorized; 0 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively 0 0
Treasury stock, 11,179 shares of common stock, at cost, at June 30, 2018 and 5,203 shares of common stock, at cost, at December 31, 2017 (659) (259)
Additional paid-in capital 184,531 179,020
Retained earnings/(accumulated deficit) 1,021 (4,006)
Accumulated other comprehensive income, net of tax 216 0
Total Stockholders' Equity 185,110 174,756
Total Liabilities and Stockholders' Equity $ 424,177 $ 412,138