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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash $ 19,746 $ 32,019
Accounts receivable, net 10,791 3,569
Inventory, net 6,466 3,368
Prepaid expenses and other current assets 2,310 4,136
Total current assets 39,313 43,092
Property and equipment, net 4,202 4,230
Goodwill 2,715 2,715
BELBUCA®license and distribution rights intangible 41,625  
Other intangible assets, net 1,558 2,285
Total assets 89,413 52,322
Current liabilities:    
Accounts payable and accrued liabilities 30,807 18,174
Deferred revenue, current   1,716
Total current liabilities 30,807 19,890
Notes payable, net of discount and loan costs 35,701 29,272
Deferred revenue, long-term   20,000
Other long-term liabilities 4,050 825
Total liabilities 70,558 69,987
Commitments and contingencies (Notes 11 and 16)
Stockholders' equity:    
Preferred Stock, $.001 par value; 5,000,000 shares authorized; 2,093,155 shares of Series A Non-Voting Convertible Preferred Stock outstanding at both September 30, 2017 and December 31, 2016, respectively. 2 2
Common Stock, $.001 par value; 75,000,000 shares authorized; 55,852,926 and 54,133,511 shares issued; 55,837,435 and 54,118,020 shares outstanding at September 30, 2017 and December 31, 2016, respectively. 56 54
Additional paid-in capital 307,690 292,667
Treasury stock, at cost, 15,491 shares (47) (47)
Accumulated deficit (288,846) (310,341)
Total stockholders' equity (deficit) 18,855 (17,665)
Total liabilities and stockholders' equity (deficit) $ 89,413 $ 52,322