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Condensed Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 14,936 $ 21,388
Accounts receivable, net 5,361 3,411
Inventories, net 15,232 911
Prepaid expenses and other current assets 5,492 1,129
Total current assets 41,021 26,839
Property and equipment, net 34 58
Intangible assets, net 34,881 4,739
Operating lease right-of-use assets, net 175 92
Other long-term assets, net 12 12
Total assets 76,123 31,740
Liabilities, Current [Abstract]    
Accounts payable 4,167 1,848
Current portion of long-term debt, net of discount 0 5,380
Accrued Medicaid rebates 6,866 3,627
Accrued Liabilities, Current 8,914 5,386
Total current liabilities 19,947 16,241
Long-term debt, net of discount and including accrued fees 29,811 0
Operating lease liabilities, noncurrent 107 22
Other long-term liabilities 1,830 0
Total liabilities 51,695 16,263
Commitments and contingencies (Note 15)
Stockholders’ equity    
Common stock, $0.001 par value; 50,000,000 shares authorized; 26,709,084 and 25,688,062 shares issued and outstanding at December 31, 2024 and 2023, respectively 27 26
Additional paid-in capital 132,294 119,521
Accumulated deficit (107,893) (104,070)
Total stockholders’ equity 24,428 15,477
Total liabilities and stockholders’ equity $ 76,123 $ 31,740