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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 75,054 $ 93,120
Marketable securities 179,820 368,214
Accounts receivable, net 144,155 165,497
Inventories, net 77,408 91,541
Prepaid expenses and other current assets 16,676 15,779
Total current assets 493,113 734,151
Long term marketable securities 16,617 93,896
Property and equipment, net 13,530 15,173
Intangible assets, net 599,889 702,463
Goodwill 117,019 117,019
Other assets 37,505 39,806
Total assets 1,277,673 1,702,508
Current liabilities    
Accounts payable and accrued liabilities 79,569 96,342
Accrued product returns and rebates 154,274 151,665
Contingent consideration, current portion 52,070 21,120
Convertible notes, net 0 401,968
Other current liabilities 4,283 16,863
Total current liabilities 290,196 687,958
Contingent consideration, long term 1,380 33,847
Operating lease liabilities, long term 33,196 35,998
Deferred income tax liabilities, net 24,963 49,809
Other liabilities 6,422 8,692
Total liabilities 356,157 816,304
Stockholders’ equity    
Common stock, $0.001 par value; 130,000,000 shares authorized; 54,723,356 and 54,253,796 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 55 54
Additional paid-in capital 439,493 408,115
Accumulated other comprehensive (loss) earnings, net of tax (593) (3,210)
Retained earnings 482,561 481,245
Total stockholders’ equity 921,516 886,204
Total liabilities and stockholders’ equity $ 1,277,673 $ 1,702,508