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Discontinued Operations (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2017
Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]    
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

The following table presents amounts related to the discontinued operations in the balance sheets (in thousands):

 

     June 30, 2017      December 31, 2016  

Carrying amounts of current assets of discontinued operations:

      

Accounts receivable

    $ 189      $ 813  
  

 

 

     

 

 

  

Total current assets of discontinued operations

      189        813  
  

 

 

     

 

 

  

Carrying amounts of current liabilities of discontinued operations:

      

Accounts payable

    $ 122      $ 3,115  

Accrued expenses and other current liabilities

      8,248        2,944  
  

 

 

     

 

 

  

Total current liabilities of discontinued operations

    $ 8,370      $ 6,059  
  

 

 

     

 

 

  

The following table represents the components attributable to the commercial operations that are presented in the condensed consolidated statements of operations as discontinued operations (in thousands):

 

     Three Months Ended June 30,      Six months ended June 30,  
         2017              2016              2017              2016      

Additional channel obligations

      (105 )       (656 )     $ (428 )     $ (1,666 ) 

Selling, general, and administrative

      (897 )       (2,233 )       (2,510 )       (4,614 ) 

Settlements associated with USAO NJ and DOJ and the qui tam action (Note 5)

      (300 )       —          (7,800 )       —    
  

 

 

     

 

 

     

 

 

     

 

 

  

Loss from discontinued operations

    $ (1,302 )     $ (2,889 )     $ (10,738 )     $ (6,280 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  

 

The following table describes the net proceeds from the sale and the assets and liabilities sold, net of selling costs (in thousands):

 

     Sale of Abstral
and related
assets on
November 19,
2015		      Sale of Zuplenz
and related
assets on
December 24,
2015		  

Net proceeds from sales

      

Total consideration

    $ 8,348      $ 3,750  

Less selling costs*

      (815 )       (1,050 ) 
  

 

 

     

 

 

  

Proceeds from sale, net of selling costs

    $ 7,533      $ 2,700  
  

 

 

     

 

 

  

 

* Note selling costs related to the sale of Zuplenz and related assets are included in accrued liabilities and were paid in the first quarter of 2016.

 

 

The following table presents a reconciliation of the carrying amounts of assets and liabilities of the commercial operations to assets held for sale in the balance sheets (in thousands):

 

     2016      2015  

Carrying amounts of assets included as part of discontinued operations:

      

Accounts receivable

    $ 813      $ 392  
  

 

 

     

 

 

  

Total current assets of discontinued operations

    $ 813      $ 392  
  

 

 

     

 

 

  

Carrying amounts of liabilities included as part of discontinued operations:

      

Accounts payable

    $ 3,115      $ 1,491  

Accrued expenses and other current liabilities

      2,944        4,434  
  

 

 

     

 

 

  

Total current liabilities of discontinued operations

    $ 6,059      $ 5,925  
  

 

 

     

 

 

  

The following table represents the components attributable to the commercial business in 2016, 2015, and 2014 that are presented in the consolidated statements of comprehensive loss as discontinued operations (in thousands):

 

     2016      2015      2014  

Net revenue

    $ —        $ 9,734      $ 9,319  

Cost of revenue

      —          (1,780 )       (1,403 ) 

Additional channel obligations

      (2,886 )       —          —    

Amortization of certain acquired intangible assets

      —          (921 )       (440 ) 

Research and development

      —          (355 )       (680 ) 

Selling, general, and administrative

      (9,562 )       (17,655 )       (15,118 ) 

Impairment charge form classification as held for sale

      —          (8,071 )       —    

Loss on sale of commercial business assets

      —          (4,549 )       —    

Severance and exit costs

      —          (1,349 )       —    
  

 

 

     

 

 

     

 

 

  

Loss from discontinued operations

    $ (12,448 )     $ (24,946 )     $ (8,322 )