Nature of Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2018

Accounting Policies [Abstract]

Summary of Company's Customers Accounts Receivable

The following table lists the Company’s customers that individually comprise greater than 10% of total accounts receivable:

	December 31,
Customers	2018			2017
Customer A		47	%		47	%
Customer B		22	%		22	%
Customer C		25	%		26	%
Total		94	%		95	%

Summary of Inventories

Inventory is composed of the following at December 31:

	2018			2017
Raw Materials & Supplies	$	645		$	1,338
Work-in-process		2,093			3,135
Finished Goods		2,855			1,861
Finished Goods Reserve		(187	)		(243	)
Total Inventories	$	5,406		$	6,091

Intangible Assets with Finite Useful Lives, Amortized Over Estimated Useful Lives

Intangible assets with finite useful lives are amortized over the estimated useful lives as follows:

	Estimated Useful Lives
Licenses	15 years
BELBUCA license and distribution rights	10 years
U.S. product rights	8-12 years
EU product rights	7-11 years

Black Scholes Options-Pricing Model, Assumptions

In applying the Black-Scholes options-pricing model, assumptions are as follows:

	2018	2017	2016
Expected price volatility	60.34%-68.77%	68.76%-78.79%	62.65%-80.78%
Risk-free interest rate	2.05%-3.00%	1.77%-2.05%	0.56%-1.70%
Weighted average expected life in years	6 years	6 years	6 years
Dividend yield	—	—	—