Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 25,412 $ 30,342
Short-term investments 12,147
Accounts receivable, net 219 51
Inventory, net 3,558 2,978
Prepaid expenses and other current assets 1,945 3,346
Total current assets 43,281 36,717
Property, plant and equipment, net 4,979 5,052
Intangible assets, net 22,966 24,254
Goodwill 2,127 2,127
Other long-term assets 455 583
Total assets 73,808 68,733
Current liabilities:    
Accounts payable 2,085 3,653
Accrued expenses and other current liabilities 5,084 5,326
Current portion of long-term debt, net 555 683
Current portion of contingent consideration 6,098 8,467
Total current liabilities 13,822 18,129
Long-term debt, net 7,518 8,469
Long-term portion of contingent consideration 56,798 56,576
Other long-term liabilities 243 358
Total liabilities 78,381 83,532
Commitments and contingencies (Note 12)
Shareholders' deficit:    
Preferred stock, $0.01 par value. Authorized, 10,000,000 shares; none issued and outstanding
Common stock, $0.01 par value. Authorized, 100,000,000 shares; issued and outstanding, 84,273,222 shares at June 30, 2021 and 48,688,480 shares at December 31, 2020 843 487
Additional paid-in capital 139,145 97,034
Accumulated deficit (144,561) (112,320)
Total shareholders' deficit (4,573) (14,799)
Total liabilities and shareholders' deficit $ 73,808 $ 68,733