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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 19,925 $ 32,820
Accounts receivable, net 35,275 45,317
Inventory, net 5,058 5,396
Prepaid expenses and other current assets 6,096 8,628
Income tax receivable 101 123
Total current assets 66,455 92,284
Property and equipment, net 681 752
Goodwill 12,100 12,100
Intangible assets, net 85,424 96,606
Other 1,973 2,263
Total assets 166,633 204,005
Current liabilities:    
Accounts payable and accrued expenses 10,797 7,911
Accrued personnel expense 3,661 5,748
Accrued allowances 54,020 56,309
Other accrued expenses 3,324 6,909
Interest payable 10,524 10,612
Treximet Secured Notes - current, net 0 3,664
Other liabilities - current 3,765 2,648
Total current liabilities 86,091 93,801
Convertible notes - long-term, net 66,928 65,194
Exchangeable notes - long-term, net 9,016 7,975
Delayed draw term loan - long-term, net 28,183 27,248
Derivative liability 72 93
Contingent consideration 1,501 1,358
Treximet Secured Notes - long-term, net 162,853 163,887
Credit facility 14,185 14,185
Arbitration award 2,000 2,000
Other liabilities - long-term 822 2,521
Total liabilities 371,651 378,262
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, 12,065,487 and 11,841,173 shares issued and outstanding at June 30, 2018 and December 31, 2017 121 119
Additional paid-in capital 262,492 261,158
Accumulated other comprehensive loss 0 0
Accumulated deficit (467,631) (435,534)
Total stockholders' equity (205,018) (174,257)
Total liabilities and stockholders' equity $ 166,633 $ 204,005