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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 238,947 $ 173,688
Marketable securities 71,601  
Accounts receivable, net 179,525 183,119
Inventory 32,332 46,501
Prepaid expenses and other current assets 15,195 16,681
Total current assets 537,600 419,989
Property and equipment, net 15,983 19,521
Operating lease assets 6,029 6,861
Intangible assets, net 421,708 567,468
Restricted cash 1,047 2,547
Deferred tax assets 26,259 23,950
Other noncurrent assets 825 100
Goodwill 133,857 133,695
Total assets 1,143,308 1,174,131
Current liabilities    
Accounts payable 8,692 3,494
Accrued liabilities 37,571 36,129
Accrued rebates, returns and discounts 227,331 230,491
Current portion of term notes payable 183,333 162,500
Current portion of operating lease liabilities 988 1,112
Total current liabilities 457,915 433,726
Term notes payable, net of current portion 221,713 397,578
Convertible senior notes 262,125 140,873
Operating lease liabilities, net of current portion 6,124 7,112
Total liabilities 947,877 979,289
Commitments and contingencies (refer to Note 13)
Shareholders' equity:    
Preferred stock, $0.001 par value; authorized shares - 5,000,000
Common stock, $0.001 par value; authorized shares - 100,000,000; 38,192,441 issued and 31,868,549 outstanding shares as of December 31, 2023 and 37,084,759 issued and 33,848,936 outstanding shares as of December 31, 2022 38 37
Additional paid-in capital 565,949 538,073
Treasury stock, at cost; 6,323,892 shares as of December 31, 2023 and 3,235,823 shares as of December 31, 2022 (137,381) (61,924)
Accumulated other comprehensive income 14  
Accumulated deficit (233,189) (281,344)
Total shareholders' equity 195,431 194,842
Total liabilities and shareholders' equity $ 1,143,308 $ 1,174,131