Quarterly report pursuant to Section 13 or 15(d)

SELECTED FINANCIAL STATEMENT CAPTIONS - LIABILITIES (Tables)

v3.23.2
SELECTED FINANCIAL STATEMENT CAPTIONS - LIABILITIES (Tables)
6 Months Ended
Jun. 30, 2023
Payables And Accruals [Abstract]  
Schedule of accounts payable and accrued expenses

Accounts payable and accrued expenses consisted of the following at June 30, 2023 and December 31, 2022 (in thousands):

 

 

June 30, 2023

 

 

December 31, 2022

 

Accounts payable:

 

 

 

 

 

 

Clinical and regulatory expenses

 

$

499

 

 

$

361

 

Professional fees

 

 

618

 

 

 

626

 

Selling expenses

 

 

1,210

 

 

 

1,363

 

Manufacturing costs

 

 

364

 

 

 

650

 

Non-employee director compensation

 

 

620

 

 

 

484

 

Other vendors

 

 

130

 

 

 

301

 

Total accounts payable

 

 

3,441

 

 

 

3,785

 

Accrued interest payable, related parties

 

 

525

 

 

 

144

 

Accrued interest payable

 

 

2,278

 

 

 

2,381

 

Accrued expenses:

 

 

 

 

 

 

Payroll expenses

 

 

1,868

 

 

 

1,263

 

Government rebates and other rebates

 

 

5,341

 

 

 

5,536

 

Due to customers

 

 

844

 

 

 

—

 

Other accrued expenses

 

 

903

 

 

 

440

 

Total accrued expenses

 

 

8,956

 

 

 

7,239

 

Total accounts payable and accrued expenses

 

$

15,200

 

 

 

13,549

 

Schedule of other current liabilities

Other current liabilities consisted of the following at June 30, 2023 and December 31, 2022 (in thousands):

 

June 30, 2023

 

 

December 31, 2022

 

Trade discount

$

2,600

 

 

$

1,200

 

Unearned revenue (a)

 

10,000

 

 

 

10,000

 

Other current liabilities

 

1,394

 

 

 

1,717

 

Total other current liabilities

$

13,994

 

 

$

12,917

 

(a) Represents the fee payable to Telcon pursuant to the distributor agreement. See Note 3 for additional details.

Schedule of other long-term liabilities

Other long-term liabilities consisted of the following at June 30, 2023 and December 31, 2022 (in thousands):

 

 

June 30, 2023

 

 

December 31, 2022

 

Trade discount

$

18,098

 

 

$

21,682

 

Other long-term liabilities

 

34

 

 

 

32

 

Total other long-term liabilities

$

18,132

 

 

$

21,714