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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 269,480 $ 173,688
Accounts receivable, net 179,127 183,119
Inventory 32,895 46,501
Prepaid expenses and other current assets 16,798 16,681
Total current assets 498,300 419,989
Property and equipment, net 18,879 19,521
Operating lease assets 6,658 6,861
Intangible assets, net 530,002 567,468
Restricted cash 2,547 2,547
Deferred tax assets 23,969 23,950
Other noncurrent assets 87 100
Goodwill 133,857 133,695
Total assets 1,214,299 1,174,131
Current liabilities    
Accounts payable 2,992 3,494
Accrued expenses 24,433 36,129
Accrued rebates, returns and discounts 200,902 230,491
Current portion of term notes payable 183,333 162,500
Current portion of operating lease liabilities 1,042 1,112
Total current liabilities 412,702 433,726
Term notes payable, net of current portion 353,769 397,578
Convertible Notes carrying value 261,222 140,873
Operating lease liabilities, net of current portion 6,873 7,112
Total liabilities 1,034,566 979,289
Commitments and contingencies (refer to Note 15)
Shareholders' equity:    
Preferred stock, $0.001 par value; authorized shares - 5,000,000
Common stock, $0.001 par value; authorized shares - 100,000,000; 37,816,843 issued and 34,581,020 outstanding shares at March 31, 2023 and 37,084,759 issued and 33,848,936 outstanding shares at December 31, 2022 38 37
Additional paid-in capital 540,389 538,073
Treasury stock, at cost; 3,235,823 shares at March 31, 2023 and 3,235,823 shares at December 31, 2022 (61,924) (61,924)
Accumulated deficit (298,770) (281,344)
Total shareholders' equity 179,733 194,842
Total liabilities and shareholders' equity $ 1,214,299 $ 1,174,131