Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 7,046 $ 7,041
Short-term investments    10,000
Accounts receivable 2,157 6,110
Inventory 2,548 1,301
Deferred income taxes 237 237
Other current assets 1,015 1,344
Current portion of co-promote termination payments receivable 4,431 6,197
Total current assets 17,434 32,230
Restricted cash and investments 1,341 1,341
Property and equipment, net 853 455
Intangible assets, net 56,580 58,326
Goodwill 12,238 12,238
Long-term portion of co-promote termination payments receivable 8,644 15,255
Other assets 416 738
Total assets 97,506 120,583
Current liabilities:    
Accounts payable 6,027 11,065
Accrued liabilities 5,381 5,054
Current portion of contingent liabilities 323 6,879
Bank line of credit    10,000
Current portion of note payable 10,272   
Current portion of co-promote termination liability 4,431 6,197
Current portion of lease exit obligations 2,987 3,208
Current portion of deferred revenue 458 1,240
Total current liabilities 29,879 43,643
Long-term portion of note payable 17,876 20,286
Long-term portion of co-promote termination liability 8,644 15,255
Long-term portion of deferred revenue, net 2,538 3,466
Long-term portion of lease exit obligations 6,534 8,367
Deferred income taxes 2,662 2,230
Long-term portion of contingent liabilities 7,735 10,419
Other long-term liabilities 403 388
Total liabilities 76,271 104,054
Commitments and contingencies      
Common stock subject to conditional redemption; 0 and 112,371 shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively    8,344
Stockholders' equity:    
Common stock, $0.001 par value; 33,333,333 shares authorized; 21,082,678 and 20,682,506 shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively 21 21
Additional paid-in capital 747,316 732,676
Accumulated deficit (683,822) (682,232)
Treasury stock, at cost; 1,118,222 shares at September 30, 2012 and December 31, 2011, respectively (42,280) (42,280)
Total stockholders' equity 21,235 8,185
Total liabilities and stockholders' equity $ 97,506 $ 120,583