Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.3.0.15
Condensed Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 2,251 $ 3,346
Short-term investments 10,000 19,351
Accounts receivable, net 1,719 993
Inventory 1,960  
Other current assets 1,663 720
Deferred income taxes 1,194  
Income tax receivable   4,575
Current portion of co-promote termination payments receivable 8,030 8,034
Total current assets 26,817 37,019
Restricted cash and investments 1,341 1,341
Property and equipment, net 678 559
Goodwill and other identifiable intangible assets 72,237 12,951
Long-term portion of co-promote termination payments receivable 20,616 22,851
Other assets 777 838
Total assets 122,466 75,559
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)    
Accounts payable 10,072 8,597
Accrued liabilities 7,480 8,859
Accrued litigation settlement costs   1,000
Current portion of liability for contingent value rights 6,446  
Current portion of deferred gain 426 1,702
Current portion of co-promote termination liability 8,030 8,034
Bank line of credit 10,000  
Current portion of lease termination payments   5,296
Total current liabilities 42,454 33,488
Long-term portion of note payable 20,200  
Long-term portion of co-promote termination liability 20,616 22,851
Long-term portion of deferred revenue, net 1,291 2,546
Long-term portion of lease exit obligations 9,171 11,118
Deferred income taxes 3,184 372
Liability for contingent value rights 14,294 700
Other long-term liabilities 545 989
Total liabilities 111,755 72,064
Commitments and contingencies    
Common stock subject to conditional redemption; 112,371 shares issued and outstanding at September 30, 2011 and December 31, 2010, respectively 8,344 8,344
Stockholders' equity (deficit):    
Common stock, $0.001 par value; 33,333,333 shares authorized; 20,679,544 and 20,620,917 shares issued at September 30, 2011 and December 31, 2010, respectively 21 21
Additional paid-in capital 731,899 729,271
Accumulated other comprehensive income   31
Accumulated deficit (687,273) (691,947)
Treasury stock, at cost; 1,118,222 and 1,111,999 shares at September 30, 2011 and December 31, 2010,respectively (42,280) (42,225)
Total stockholders' equity (deficit) 2,367 (4,849)
Total liabilities and stockholders' equity (deficit) $ 122,466 $ 75,559