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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 14,341 $ 36,375
Accounts receivable, net 45,246 50,729
Inventory, net 8,482 7,775
Prepaid expenses and other current assets 13,311 12,617
Income tax receivable 452 1,414
Total current assets 81,832 108,910
Property and equipment, net 921 1,103
Goodwill 30,600 30,600
Intangible assets, net 132,934 169,571
Other 197 257
Total assets 246,484 310,441
Current liabilities:    
Accounts payable and accrued expenses 23,090 21,343
Accrued allowances 55,739 60,961
Interest payable 10,302 10,897
Treximet Secured Notes - current 0 11,103
Credit facility - current 14,000 0
Other liabilities - current 5,869 5,224
Total current liabilities 109,000 109,528
Convertible notes - long-term 106,377 104,071
Derivative liability 314 230
Contingent consideration 1,863 2,403
Treximet Secured Notes - long-term 173,105 172,250
Credit facility - long-term 0 14,000
Arbitration award 16,797 17,522
Other liabilities - long-term 2,741 4,500
Total liabilities 410,197 424,504
Commitments and contingencies (notes 1, 3, 6, 7, 10 and 11)
Stockholders' deficit    
Preferred stock, $0.01 par value, authorized 10,000,000 shares; no shares issued and outstanding 0 0
Common stock, $.01 par value, 140,000,000 shares authorized, 10,015,641 shares issued and outstanding at June 30, 2017 and December 31, 2016 100 100
Additional paid-in capital 245,713 244,309
Accumulated other comprehensive loss (55) (79)
Accumulated deficit (409,471) (358,393)
Total stockholders' deficit (163,713) (114,063)
Total liabilities and stockholders' deficit $ 246,484 $ 310,441