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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 258,532 $ 173,688
Marketable securities 46,033 0
Accounts receivable, net 181,851 183,119
Inventory 34,125 46,501
Prepaid expenses and other current assets 16,545 16,681
Total current assets 537,086 419,989
Property and equipment, net 16,645 19,521
Operating lease assets 6,243 6,861
Intangible assets, net 456,222 567,468
Restricted cash 1,047 2,547
Deferred tax assets 25,738 23,950
Other noncurrent assets 740 100
Goodwill 133,857 133,695
Total assets 1,177,578 1,174,131
Current liabilities    
Accounts payable 3,653 3,494
Accrued liabilities 31,651 36,129
Accrued rebates, returns and discounts 245,012 230,491
Current portion of term notes payable 183,333 162,500
Current portion of operating lease liabilities 963 1,112
Total current liabilities 464,612 433,726
Term notes payable, net of current portion 265,886 397,578
Convertible senior notes 261,823 140,873
Operating lease liabilities, net of current portion 6,384 7,112
Total liabilities 998,705 979,289
Commitments and contingencies (refer to Note 16)
Shareholders' equity:    
Preferred stock, $0.001 par value; authorized shares - 5,000,000
Common stock, $0.001 par value; authorized shares - 100,000,000; 38,000,607 issued and 33,061,932 outstanding shares as of September 30, 2023 and 37,084,759 issued and 33,848,936 outstanding shares as of December 31, 2022 38 37
Additional paid-in capital 545,940 538,073
Treasury stock, at cost; 4,938,675 shares as of September 30, 2023 and 3,235,823 shares as of December 31, 2022 (101,924) (61,924)
Accumulated other comprehensive loss (52)  
Accumulated deficit (265,129) (281,344)
Total shareholders' equity 178,873 194,842
Total liabilities and shareholders' equity $ 1,177,578 $ 1,174,131