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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating Activities    
Net income (loss) $ 109,625 $ (1,281)
Adjustments to reconcile net income (loss) to net cash from operating activities:    
Depreciation and amortization 33,396 29,077
Amortization of debt issuance costs and Royalty Rights 304 194
Gain on extinguishment of debt (1,046) 0
Recurring fair value measurements of assets and liabilities 18,939 3,914
Stock-based compensation 7,504 3,545
Provisions for inventory and other assets 3,265 1,368
Deferred income taxes (80,375) 0
Changes in assets and liabilities, net of acquisition:    
Accounts receivable (996) (11)
Inventories (6,593) 4,268
Prepaid and other assets 8,019 3,600
Accounts payable and other accrued liabilities (10,208) (28,699)
Accrued rebates, returns and discounts (3,236) (10,452)
Net cash provided by operating activities 78,598 5,523
Investing Activities    
Purchases of property and equipment (274) (53)
Net cash used in investing activities (42,673) (18,525)
Financing Activities    
Proceeds from issuance of 2027 Convertible Notes 70,000 0
Payment in connection with 2024 Senior Notes (70,750) (9,500)
Payment of debt issuance costs (4,084) 0
Payment of contingent consideration (7,845) (4,807)
Payment of Royalty Rights (1,297) (968)
Proceeds from issuance of common stock 7,020 44,861
Proceeds from exercise of stock options 34 193
Shares withheld for payment of employee's withholding tax liability (872) (418)
Net cash (used in) provided by financing activities (7,794) 29,026
Net increase in cash and cash equivalents 28,131 16,024
Cash and cash equivalents at beginning of year 36,810 20,786
Cash and cash equivalents at end of year 64,941 36,810
Supplemental Disclosure of Cash Flow Information    
Net cash received for refund of income taxes 6,913 0
Cash paid for interest 7,752 10,124
Supplemental Disclosure of Non-Cash Investing Activities    
Deferred payments for acquisition of Otrexup intangible assets 0 26,021
Otrexup    
Investing Activities    
Purchase of Otrexup (27,027) (18,472)
Acquestive Therapeutics, Inc    
Investing Activities    
Purchase of Otrexup (15,372) 0
Convertible Senior Notes, 2.5% | Convertible debt    
Financing Activities    
Payments in connection with convertible notes $ 0 $ (335)