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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 26,942 $ 32,820
Accounts receivable, net 37,006 45,317
Inventory, net 5,407 5,396
Prepaid expenses and other current assets 7,290 8,628
Income tax receivable 68 123
Total current assets 76,713 92,284
Property and equipment, net 670 752
Goodwill 12,100 12,100
Intangible assets, net 86,800 96,606
Other 2,118 2,263
Total assets 178,401 204,005
Current liabilities:    
Accounts payable and accrued expenses 8,796 7,911
Accrued personnel expense 3,129 5,748
Accrued allowances 60,255 56,309
Other accrued expenses 6,679 6,909
Interest payable 5,879 10,612
Treximet Secured Notes - current, net 0 3,664
Other liabilities - current 2,737 2,648
Total current liabilities 87,475 93,801
Convertible notes - long-term, net 66,054 65,194
Exchangeable notes - long-term, net 8,468 7,975
Delayed draw term loan - long-term, net 27,717 27,248
Derivative liability 112 93
Contingent consideration 1,621 1,358
Treximet Secured Notes - long-term, net 162,405 163,887
Credit facility 14,185 14,185
Arbitration award 2,000 2,000
Other liabilities - long-term 805 2,521
Total liabilities 370,842 378,262
Commitments and contingencies (note 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, 11,873,562 and 11,841,173 shares issued and outstanding at March 31, 2018 and December 31, 2017 119 119
Additional paid-in capital 261,558 261,158
Accumulated other comprehensive loss 0 0
Accumulated deficit (454,118) (435,534)
Total stockholders' equity (192,441) (174,257)
Total liabilities and stockholders' equity $ 178,401 $ 204,005