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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 100,177 $ 63,888
Accounts receivable, net 43,830 38,790
Inventory, net 18,887 11,312
Prepaid expenses and other current assets 5,754 3,769
Total current assets 168,648 117,759
Property and equipment, net 1,485 2,075
Goodwill 2,715 2,715
License and distribution rights, net 55,109 60,309
Other intangible assets, net 0 47
Total assets 227,957 182,905
Current liabilities:    
Accounts payable and accrued liabilities 53,409 53,993
Total current liabilities 53,409 53,993
Notes payable, net 78,363 58,568
Other long-term liabilities 300 580
Total liabilities 132,072 113,141
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred Stock, 5,000,000 shares authorized; Series A Non-Voting Convertible Preferred Stock. $0.001 par value, 0 and 2,093,155 shares outstanding at September 30, 2020 and December 31, 2019, respectively; Series B Non-Voting Convertible Preferred Stock, $0.001 par value, 443 and 618 shares outstanding at September 30, 2020 and December 31, 2019, respectively. 0 2
Common Stock, $0.001 par value; 235,000,000 and 175,000,000 shares authorized at September 30, 2020 and December 31, 2019, respectively; 101,126,452 and 96,189,074 shares issued; 101,110,961 and 96,173,583 shares outstanding at September 30, 2020 and December 31, 2019, respectively. 100 96
Additional paid-in capital 446,910 436,306
Treasury stock, at cost, 15,491 shares, as of September 30, 2020 and December 31, 2019. (47) (47)
Accumulated deficit (351,078) (366,593)
Total stockholders’ equity 95,885 69,764
Total liabilities and stockholders’ equity $ 227,957 $ 182,905
Common Stock, shares authorized (in shares) 235,000,000 175,000,000