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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 180,971 $ 248,107
Accounts receivable, net 1,849 3,272
Inventory 2,096 194
Prepaid expenses 8,170 5,261
Other current assets 2,666 12,096
Total current assets 195,752 268,930
Property and equipment, net 1,388 668
Goodwill 17,260 17,260
Other assets 14,614 15,193
Total assets 229,014 302,051
Current liabilities:    
Accounts payable 5,394 6,516
Accrued expenses 23,034 35,951
Current portion of note payable, net of discount 10,158  
Other current liabilities 5,005 2,880
Total current liabilities 43,591 45,347
Liability related to sale of future royalties 61,493 60,132
Note payable, net of discount   10,004
Other long-term liabilities 10,253 10,960
Total liabilities 115,337 126,443
Stockholders' Equity:    
Preferred stock, $0.01 par value per share - 50,000,000 shares authorized at March 31, 2022 and December 31, 2021; 0 and 0 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively
Common stock, $0.01 par value per share - 60,000,000 shares authorized at March 31, 2022 and December 31, 2021; 19,527,920 and 19,520,160 shares issued and outstanding at March 31, 2022, respectively, and 19,304,312 and 19,296,552 shares issued and outstanding at December 31, 2021, respectively 196 193
Additional paid-in capital 488,692 475,390
Accumulated other comprehensive income 8,252 1,105
Accumulated deficit (383,233) (300,850)
Treasury stock at cost, 7,760 shares at March 31, 2022 and December 31 2021, respectively (230) (230)
Total stockholders' equity 113,677 175,608
Total liabilities and stockholders' equity $ 229,014 $ 302,051