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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 81,892 $ 73,637
Restricted cash 600 600
Accounts receivable, net 47,648 45,318
Other receivables 25,654  
Inventory, net 43,673 30,260
Prepaid and other current assets 2,935 3,455
Total current assets 202,402 153,270
Property, plant and equipment, net 69 28
Other long-term assets 174 174
Intangible asset, net 7,642 8,126
TOTAL ASSETS 210,287 161,598
Current Liabilities:    
Accounts payable 26,174 25,155
Accrued expenses and other current liabilities 93,899 58,902
Current portion of exchangeable senior notes, net of discount 219 481
Current portion of long-term debt from royalty-bearing instrument 30,130 22,348
Deferred revenue, current 1,220 1,644
Total current liabilities 151,642 108,530
Long-Term Liabilities:    
Exchangeable senior notes, net of discount 29,159 28,992
Long-term debt from royalty-bearing instrument 53,924 70,834
Deferred revenue, long-term 19,736 17,192
Other long-term liabilities 8,652 1,150
Total liabilities 263,113 226,698
Commitments and contingencies (Note 6)
Stockholders’ Deficit:    
Series A Convertible Preferred Stock, £0.05 par, unlimited authorized; 289,317,460 shares issued and outstanding as of September 30, 2018 (equivalent to 28,931,746 ordinary shares upon future consolidation and redesignation at a 10:1 ratio); 328,184,640 shares issued and outstanding as of December 31, 2017 (equivalent to 32,818,464 ordinary shares upon future consolidation and redesignation at a 10:1 ratio) 21,850 24,364
Common stock, £0.50 par, unlimited authorized; 307,309,316 issued, 304,089,718 outstanding as of September 30, 2018; 272,719,044 issued, 271,022,011 outstanding as of December 31, 2017 232,646 208,768
Additional paid-in capital 1,057,408 977,866
Treasury stock; 3,219,598 shares as of September 30, 2018; 1,697,033 shares as of December 31, 2017 (9,867) (4,229)
Accumulated deficit (1,354,863) (1,271,869)
Total stockholders’ deficit (52,826) (65,100)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 210,287 $ 161,598