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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 6,888 $ 3,921
Accounts receivable, net 38,004 34,597
Inventory 3,073 4,214
Prepaid expenses and other 2,453 4,049
Total current assets: 50,418 46,781
Property and equipment, net 714 722
Operating lease right-of-use asset 2,578 2,943
Intangibles, net 34,456 36,485
Goodwill 13,481 13,481
Other long term assets 2,897 897
Total assets 104,544 101,309
Current liabilities:    
Accounts payable 41,787 40,954
Accrued payroll 4,073 2,681
Accrued rebates and fees 125,063 89,658
Accrued expenses 7,988 7,408
Current portion of deferred consideration 469 491
Debt, current 75,370 108,429
Current portion of operating lease liabilities 701 759
Total current liabilities: 255,451 250,380
Long-term portion of deferred consideration 2,667 2,895
Debt, net of issuance costs 29,033 17,038
Derivative liabilities 30,005 1,518
Operating lease liabilities 1,893 2,237
Other long-term liabilities 187 179
Total liabilities 319,236 274,247
Commitments and contingencies (See Note 11)
Stockholders' deficit:    
Preferred stock, $0.0001 par value, 45,000,000 shares authorized; 29,057,097 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 0 0
Common stock, $0.0001 par value, 740,000,000 shares authorized; 181,473,622 shares issued and 121,405,037 shares outstanding as of June 30, 2024; 160,084,250 shares issued and 100,015,665 shares outstanding as of December 31, 2023 18 16
Additional paid-in capital 426,165 407,813
Accumulated other comprehensive income 1,851 0
Accumulated deficit (552,204) (490,245)
Treasury stock, at cost; 60,068,585 shares as of each of June 30, 2024 and December 31, 2023 (90,522) (90,522)
Total stockholders' deficit (214,692) (172,938)
Total liabilities and stockholders' deficit $ 104,544 $ 101,309