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
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 3,441 $ 3,346
Short-term investments 10,000 19,351
Accounts receivable, net 1,038 993
Inventory 2,594 0
Other current assets 1,868 720
Deferred income taxes 1,169 0
Income tax receivable 0 4,575
Current portion of co-promote termination payments receivable 8,029 8,034
Total current assets 28,139 37,019
Restricted cash and investments 1,341 1,341
Property and equipment, net 679 559
Goodwill and other identifiable intangible assets 75,699 12,951
Long-term portion of co-promote termination payments receivable 21,346 22,851
Other assets 773 838
Total assets 127,977 75,559
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)    
Accounts payable 10,628 8,597
Accrued liabilities 6,814 8,859
Accrued litigation settlement costs 0 1,000
Current portion of liability for contingent value rights 5,955 0
Current portion of deferred gain 851 1,702
Current portion of co-promote termination liability 8,029 8,034
Current portion of lease termination payments 0 5,296
Bank line of credit 10,000 0
Current portion of deferred revenue 38 0
Total current liabilities 42,315 33,488
Long-term portion of note payable 20,114 0
Long-term portion of co-promote termination liability 21,346 22,851
Long-term portion of deferred revenue, net 1,291 2,546
Long-term portion of lease exit obligations 9,861 11,118
Deferred income taxes 3,137 372
Liability for contingent value rights 15,006 700
Other long-term liabilities 694 989
Total liabilities 113,764 72,064
Commitments and contingencies      
Common stock subject to conditional redemption; 112,371 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively 8,344 8,344
Stockholders' equity (deficit):    
Convertible preferred stock, $0.001 par value; 833,333 shares authorized; none issued 0 0
Common stock, $0.001 par value; 33,333,333 shares authorized; 20,676,547 and 20,620,917 shares issued at June 30, 2011 and December 31, 2010, respectively 21 21
Additional paid-in capital 730,966 729,271
Accumulated other comprehensive income 0 31
Accumulated deficit (682,838) (691,947)
Treasury stock, at cost; 1,118,222 and 1,111,999 shares at June 30, 2011 and December 31, 2010, respectively (42,280) (42,225)
Total stockholders' equity (deficit) 5,869 (4,849)
Total liabilities and stockholders' equity (deficit) $ 127,977 $ 75,559