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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
[1]
Current assets:    
Cash and cash equivalents $ 150,221 $ 158,883
Accounts receivable, net 17,285 14,366
Inventories 4,096 2,784
Prepaid expenses and other receivables 1,530 1,185
Total current assets 173,132 177,218
Property, plant and equipment, net 4,300 3,262
Product acquisition costs, net 12,061 10,604
Debt issuance costs, net 4,762 5,132
Other 460 862
Total assets 194,715 197,078
Current liabilities:    
Accounts payable 2,589 1,643
Accrued expenses 4,440 5,141
Payable for product acquisition costs 6,000 6,000
Other current liabilities 180 218
Total current liabilities 13,209 13,002
Convertible 3.75% senior notes, net of debt discount (face of $143,750) 103,544 100,311
Fair value of derivative liability - convertible 3.75% senior notes 0 41,400
Note payable, bank 3,160 3,160
Other long term liabilities 210 71
Total liabilities 120,123 157,944
Stockholders’ equity:    
Common stock, $0.01 par value, 100,000,000 and 60,000,000 shares authorized; 52,862,453 and 52,819,787 shares issued and outstanding as of June 30, 2015 and December 31, 2014, respectively 548 548
Additional paid-in capital 97,699 78,172
Accumulated deficit (23,655) (39,586)
Total stockholders' equity 74,592 39,134
Total liabilities and stockholders' equity 194,715 197,078
Series A Preferred Stock [Member]    
Stockholders’ equity:    
Convertible Preferred stock 0 0
Series C Preferred Stock [Member]    
Stockholders’ equity:    
Convertible Preferred stock $ 0 $ 0
[1] Derived from the audited December 31, 2014 financial statements