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Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2019
Intangible Assets |
Costs accumulated to acquire assets and consideration allocated to assets | The table below represents the costs accumulated to acquire the sublicense of the Nucynta Products based on the terms of the Nucynta Commercialization Agreement, as amended: ​
​ | ​ | ​ | ​
Acquisition consideration: | ​ | ​ | ​
Upfront cash paid | ​ | $ | 18,877
Minimum royalty payment obligation (1) | ​ | ​ | 112,719
Rebates, incentives, trade allowances and chargebacks assumed | ​ | ​ | 22,660
Warrant issued | ​ | ​ | 8,043
Total acquisition consideration: | ​ | $ | 162,299
​
| (1) | Represents $132,000 of minimum royalty payments owed under the Nucynta Commercialization Agreement discounted for present value adjustments of $19,281.
​ The Company then allocated the consideration transferred to the individual assets acquired on a relative fair value basis as summarized in the table below: ​
​ | ​ | ​
Assets acquired: | ​ | ​
Nucynta Intangible Asset | $ | 154,089
Inventory | ​ | 6,223
Prepaid expenses | ​ | 1,987
Total consideration allocated to assets acquired: | $ | 162,299
​
Carrying amount of Nucynta intangible | ​
​ | ​ | ​ | ​ | ​ | ​
​ | As of June 30, | ​ | As of December 31,
​ | 2019 |  | 2018
Gross carrying amount | $ | 154,089 | ​ | $ | 154,089
Accumulated amortization | ​ | (117,210) | ​ |  | (109,834)
Intangible assets, net | $ | 36,879 | ​ | $ | 44,255

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