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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash $ 21,195 $ 32,019
Accounts receivable, net 8,852 2,967
Inventory, net 6,091 3,368
Prepaid expenses and other current assets 3,610 4,136
Total current assets 39,748 42,490
Property and equipment, net 3,778 4,230
Goodwill 2,715 2,715
BELBUCA®license and distribution rights intangible asset, net 40,500  
Other intangible assets, net 1,360 2,285
Total assets 88,101 51,720
Current liabilities:    
Accounts payable and accrued liabilities 26,149 17,572
Deferred revenue, current   1,716
Total current liabilities 26,149 19,288
Notes payable 47,660 29,272
Deferred revenue, long-term   20,000
Other long-term liabilities 5,415 825
Total liabilities 79,224 69,385
Commitments and contingencies (Notes 6 and 17)
Stockholders' equity (deficit):    
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 December 31, 2017 and 2016, respectively 2 2
Common Stock, $.001 par value; 75,000,000 shares authorized; 55,904,072 and 54,133,511 shares issued; 55,888,581 and 54,118,020 shares outstanding at December 31, 2017 and 2016, respectively 56 54
Additional paid-in capital 313,922 292,667
Treasury stock, at cost, 15,491 shares (47) (47)
Accumulated deficit (305,056) (310,341)
Total stockholders' equity (deficit) 8,877 (17,665)
Total liabilities and stockholders' equity (deficit) $ 88,101 $ 51,720