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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 125,987 $ 102,891
Investments in marketable securities   14,857
Trade receivables, net 111,324 260,522
TSA receivables, net 11,010  
Inventory 4,207 2,094
Prepaid manufacturing 6,653 11,030
Other prepaids and current assets 10,222 7,138
Assets of discontinued operations, current (Note 6) 72,180 77,099
Total current assets 341,583 475,631
Property and equipment, net 2,576 5,119
Inventory, non-current 0 462
Intangible assets, net 53,646 67,608
Other assets, non-current 6,485 9,081
Assets of discontinued operations, non-current (Note 6) 44,243 71,703
Total assets 448,533 629,604
Current liabilities:    
Accounts payable 28,456 35,219
Accrued rebates, fees and reserves 164,867 169,645
TSA payables and accrued liabilities 11,026  
Accrued compensation 18,344 21,521
Accrued and other current liabilities 60,288 93,906
Liabilities of discontinued operations, current   11,480
Total current liabilities 282,981 331,771
Term loan, non-current 36,698 246,481
Convertible notes, non-current 228,229 226,888
Lease liabilities, non-current 3,286 5,328
Other liabilities, non-current 29,329 3,561
Liabilities of discontinued operations, non-current   9,000
Total liabilities 580,523 823,029
Commitments and contingencies (Note 10)
Stockholders' deficit:    
Preferred stock ($0.0001 par value; shares authorized: 5,000,000; shares issued and outstanding: 0 at December 31, 2024 and 2023, respectively)
Common stock ($0.0001 par value; shares authorized: 300,000,000; shares issued and outstanding: 115,614,548 and 112,215,260 at December 31, 2024 and December 31, 2023, respectively) 12 11
Additional paid-in capital 1,419,266 1,386,312
Accumulated other comprehensive loss (275) (248)
Accumulated deficit (1,550,993) (1,579,500)
Total stockholders' deficit (131,990) (193,425)
Total liabilities and stockholders' deficit $ 448,533 $ 629,604