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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash $ 12,090 $ 21,195
Accounts receivable, net 8,123 8,852
Inventory, net 5,441 6,091
Prepaid expenses and other current assets 2,828 3,610
Total current assets 28,482 39,748
Property and equipment, net 3,621 3,778
Goodwill 2,715 2,715
BELBUCA®license and distribution rights intangible asset, net 39,375 40,500
Other intangible assets, net 1,196 1,360
Total assets 75,389 88,101
Current liabilities:    
Accounts payable and accrued liabilities 20,335 26,149
Total current liabilities 20,335 26,149
Notes payable, net 48,285 47,660
Other long-term liabilities 5,415 5,415
Total liabilities 74,035 79,224
Commitments and contingencies (Note 14)
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 March 31, 2018 and December 31, 2017, respectively 2 2
Common Stock, $.001 par value; 75,000,000 shares authorized; 58,646,522 and 55,904,072 shares issued; 58,631,031 and 55,888,581 shares outstanding at March 31, 2018 and December 31, 2017, respectively 59 56
Additional paid-in capital 316,970 313,922
Treasury stock, at cost, 15,491 shares (47) (47)
Accumulated deficit (315,630) (305,056)
Total stockholders' equity 1,354 8,877
Total liabilities and stockholders' equity $ 75,389 $ 88,101