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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 44,136 $ 31,144
Accounts receivable, net of $50,603 and $34,686 of adjustments for chargebacks and other allowances at September 30, 2018 and December 31, 2017, respectively 67,647 58,788
Inventories, net 40,006 [1] 37,727
Prepaid income taxes, net 0 1,162
Prepaid expenses and other current assets 5,004 2,784
Total Current Assets 156,793 131,605
Property and equipment, net 37,418 [2] 20,403
Restricted cash 5,014 5,006
Deferred tax assets, net of deferred tax liabilities and valuation allowance 25,082 22,667
Intangible assets, net 209,544 229,790
Goodwill 4,180 1,838
Other long-term assets 1,412 829
Total Assets 439,443 412,138
Current Liabilities    
Current component of long-term borrowing, net of deferred financing costs 5,692 3,353
Accounts payable 7,257 3,630
Accrued expenses and other 2,818 1,571
Accrued royalties 7,455 12,164
Accrued compensation and related expenses 2,773 2,306
Current income taxes payable, net 318 0
Accrued government rebates 9,014 7,930
Returned goods reserve 10,840 8,274
Deferred revenue 735 0
Total Current Liabilities 46,902 39,228
Long-term Liabilities    
Long-term borrowing, net of deferred financing costs and current borrowing component 65,954 69,946
Convertible notes, net of discount and deferred financing costs 134,122 128,208
Total Liabilities 246,978 237,382
Commitments and Contingencies (Note 12)
Stockholders' Equity    
Common Stock, $0.0001 par value, 33,333,334 shares authorized; 11,857,914 shares issued and 11,846,735 shares outstanding at September 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 September 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 September 30, 2018 and December 31, 2017, respectively 0 0
Treasury stock, 11,179 shares of common stock, at cost, at September 30, 2018 and 5,203 shares of common stock, at cost, at December 31, 2017 (659) (259)
Additional paid-in capital 186,532 179,020
Retained earnings/(accumulated deficit) 6,058 (4,006)
Accumulated other comprehensive income, net of tax 533 0
Total Stockholders' Equity 192,465 174,756
Total Liabilities and Stockholders' Equity $ 439,443 $ 412,138
[1] Includes inventory acquired in acquisition of WellSpring (Note 3).
[2] Includes property, plant, and equipment acquired in acquisition of WellSpring (Note 3).