XML 25 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 3,272 $ 3,921
Accounts receivable, net 26,442 34,597
Inventory 2,436 4,214
Prepaid expenses and other 9,397 4,049
Total current assets 41,547 46,781
Property and equipment, net 708 722
Operating lease right-of-use asset 2,225 2,943
Intangibles, net 32,453 36,485
Investments 2,420 0
Goodwill 13,481 13,481
Other long-term assets 119 897
Total assets 92,953 101,309
Current liabilities:    
Accounts payable 52,620 40,954
Accrued payroll 1,505 2,681
Accrued rebates and fees 162,517 89,658
Accrued expenses 2,841 7,408
Current portion of deferred consideration 447 491
Debt, current 34,876 108,429
Purchased revenue liability, current 4,115 0
Current portion of operating lease liabilities 714 759
Total current liabilities 259,635 250,380
Long-term portion of deferred consideration 2,448 2,895
Debt, net of issuance costs 845 17,038
Purchased revenue liability, net of current portion 2,685 0
Derivative liabilities 18,303 1,518
Operating lease liabilities, net of current portion 1,523 2,237
Other long-term liabilities 155 179
Total liabilities 285,594 274,247
Commitments and contingencies (See Note 11)
Stockholders' deficit:    
Common stock, $0.0001 par value, 740,000,000 shares authorized; 243,312,885 shares issued and 183,244,300 shares outstanding as of December 31, 2024; 160,084,250 shares issued and 100,015,665 shares outstanding as of December 31, 2023 24 16
Additional paid-in capital 454,591 407,813
Accumulated other comprehensive income 6,317 0
Accumulated deficit (563,052) (490,245)
Treasury stock, at cost; 60,068,585 shares as of each of December 31, 2024 and December 31, 2023 (90,522) (90,522)
Total stockholders' deficit (192,641) (172,938)
Total liabilities and stockholders' deficit 92,953 101,309
Series A Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock, value 0 0
Series 1 Preferred Stock [Member]    
Stockholders' deficit:    
Preferred stock, value $ 1 $ 0