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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 32,820 $ 36,375
Accounts receivable, net 45,317 50,729
Inventory, net 5,396 7,775
Prepaid expenses and other current assets 10,115 12,617
Income tax receivable 123 1,414
Total current assets 93,771 108,910
Property and equipment, net 752 1,103
Goodwill 12,100 30,600
Intangible assets, net 96,606 169,571
Other 2,263 257
Total assets 205,492 310,441
Current liabilities:    
Accounts payable 7,911 7,275
Accrued personnel expense 5,748 5,357
Accrued allowances 56,309 60,961
Other accrued expenses 6,909 8,711
Interest payable 10,612 10,897
Treximet Secured Notes - current, net 3,664 11,103
Other liabilities - current 2,648 5,224
Total current liabilities 93,801 109,528
Convertible notes - long-term, net 65,732 104,071
Exchangeable notes - long-term, net 8,275 0
Delayed draw term loan - long-term, net 27,897 0
Derivative liability 93 230
Contingent consideration 1,358 2,403
Treximet Secured Notes - long-term, net 163,887 172,250
Credit facilities - long-term 14,185 14,000
Arbitration award 2,000 17,522
Other liabilities 2,521 4,500
Total liabilities 379,749 424,504
Commitments and contingencies (note 18)  
Stockholders' (deficit) equity    
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, 11,841,173 and 10,015,641 issued and outstanding at December 31, 2017 and 2016, respectively 119 100
Additional paid-in capital 261,158 244,309
Accumulated other comprehensive loss 0 (79)
Accumulated deficit (435,534) (358,393)
Total stockholders' deficit (174,257) (114,063)
Total liabilities and stockholders' deficit $ 205,492 $ 310,441