Quarterly report pursuant to Section 13 or 15(d)

SELECTED FINANCIAL STATEMENT - LIABILITIES (Tables)

v3.24.3
SELECTED FINANCIAL STATEMENT - LIABILITIES (Tables)
9 Months Ended
Sep. 30, 2024
Payables And Accruals [Abstract]  
Schedule of accounts payable and accrued expenses

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

 

 

September 30, 2024

 

 

December 31, 2023

 

Accounts payable:

 

 

 

 

 

 

Clinical and regulatory expenses

 

$

677

 

 

$

696

 

Professional fees

 

 

975

 

 

 

721

 

Selling expenses

 

 

2,477

 

 

 

1,498

 

Manufacturing costs

 

 

837

 

 

 

914

 

Non-employee director compensation

 

 

945

 

 

 

766

 

Other vendors

 

 

578

 

 

 

518

 

Total accounts payable

 

 

6,489

 

 

 

5,113

 

Accrued interest payable, related parties

 

 

823

 

 

 

542

 

Accrued interest payable

 

 

3,531

 

 

 

3,122

 

Accrued expenses:

 

 

 

 

 

 

Payroll expenses

 

 

599

 

 

 

1,270

 

Government rebates and other rebates

 

 

7,010

 

 

 

5,881

 

Due to customers

 

 

—

 

 

 

844

 

Other accrued expenses

 

 

255

 

 

 

179

 

Total accrued expenses

 

 

7,864

 

 

 

8,174

 

Total accounts payable and accrued expenses

 

$

18,707

 

 

 

16,951

 

Schedule of other current liabilities

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

 

September 30, 2024

 

 

December 31, 2023

 

Trade discount

$

4,500

 

 

$

3,000

 

Due to Telcon (a)

 

10,000

 

 

 

10,000

 

Other current liabilities

 

1,150

 

 

 

1,681

 

Total other current liabilities

$

15,650

 

 

$

14,681

 

(a) Refer to Note 3 for information regarding to due to Telcon.

Schedule of other long-term liabilities

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

 

 

September 30, 2024

 

 

December 31, 2023

 

Trade discount

$

13,627

 

 

$

17,324

 

Other long-term liabilities

 

49

 

 

 

39

 

Total other long-term liabilities

$

13,676

 

 

$

17,363