Quarterly report pursuant to Section 13 or 15(d)

SELECTED FINANCIAL STATEMENT - LIABILITIES (Tables)

v3.24.2.u1
SELECTED FINANCIAL STATEMENT - LIABILITIES (Tables)
6 Months Ended
Jun. 30, 2024
Payables And Accruals [Abstract]  
Schedule of accounts payable and accrued expenses

Accounts payable and accrued expenses consisted of the following at June 30, 2024 and December 31, 2023 (in thousands):

 

 

June 30, 2024

 

 

December 31, 2023

 

Accounts payable:

 

 

 

 

 

 

Clinical and regulatory expenses

 

$

749

 

 

$

696

 

Professional fees

 

 

874

 

 

 

721

 

Selling expenses

 

 

2,253

 

 

 

1,498

 

Manufacturing costs

 

 

737

 

 

 

914

 

Non-employee director compensation

 

 

912

 

 

 

766

 

Other vendors

 

 

1,689

 

 

 

1,292

 

Total accounts payable

 

 

7,214

 

 

 

5,887

 

Accrued interest payable, related parties

 

 

705

 

 

 

542

 

Accrued interest payable

 

 

2,838

 

 

 

3,122

 

Accrued expenses:

 

 

 

 

 

 

Payroll expenses

 

 

1,141

 

 

 

1,270

 

Government rebates and other rebates

 

 

6,938

 

 

 

5,881

 

Due to customers

 

 

—

 

 

 

844

 

Other accrued expenses

 

 

84

 

 

 

179

 

Total accrued expenses

 

 

8,163

 

 

 

8,174

 

Total accounts payable and accrued expenses

 

$

18,920

 

 

 

17,725

 

Schedule of other current liabilities

Other current liabilities consisted of the following at June 30, 2024 and December 31, 2023 (in thousands):

 

June 30, 2024

 

 

December 31, 2023

 

Trade discount

$

3,000

 

 

$

3,000

 

Unearned revenue (a)

 

10,000

 

 

 

10,000

 

Other current liabilities

 

1,353

 

 

 

1,681

 

Total other current liabilities

$

14,353

 

 

$

14,681

 

(a) Refer to Note 3 for information regarding to the unearned revenue.

Schedule of other long-term liabilities

Other long-term liabilities consisted of the following at June 30, 2024 and December 31, 2023 (in thousands):

 

 

June 30, 2024

 

 

December 31, 2023

 

Trade discount

$

15,327

 

 

$

17,324

 

Other long-term liabilities

 

43

 

 

 

39

 

Total other long-term liabilities

$

15,370

 

 

$

17,363