Quarterly report [Sections 13 or 15(d)]

Selected Financial Statement - Liabilities (Tables)

v3.25.1
Selected Financial Statement - Liabilities (Tables)
3 Months Ended
Mar. 31, 2025
Payables And Accruals [Abstract]  
Schedule of accounts payable and accrued expenses

Accounts payable and accrued expenses consisted of the following at March 31, 2025 and December 31, 2024 (in thousands):

 

 

March 31, 2025

 

 

December 31, 2024

 

Accounts payable:

 

 

 

 

 

 

Clinical and regulatory expenses

 

$

514

 

 

$

452

 

Professional fees

 

 

608

 

 

 

904

 

Selling expenses

 

 

1,516

 

 

 

1,553

 

Manufacturing costs

 

 

695

 

 

 

706

 

Non-employee director compensation

 

 

954

 

 

 

966

 

Other vendors

 

 

520

 

 

 

594

 

Total accounts payable

 

 

4,807

 

 

 

5,175

 

Accrued interest payable, related parties

 

 

1,274

 

 

 

1,145

 

Accrued interest payable

 

 

3,492

 

 

 

2,874

 

Accrued expenses:

 

 

 

 

 

 

Payroll expenses

 

 

466

 

 

 

323

 

Government rebates and other rebates

 

 

7,809

 

 

 

7,229

 

Due to customers

 

 

 

 

 

15

 

Other accrued expenses

 

 

465

 

 

 

165

 

Total accrued expenses

 

 

8,740

 

 

 

7,732

 

Total accounts payable and accrued expenses

 

$

18,313

 

 

 

16,926

 

 

Schedule of other current liabilities

Other current liabilities consisted of the following at March 31, 2025 and December 31, 2024 (in thousands):

 

March 31, 2025

 

 

December 31, 2024

 

Trade discount

$

5,100

 

 

$

5,000

 

Unearned revenue (a)

 

10,000

 

 

 

10,000

 

Other current liabilities

 

1,303

 

 

 

1,557

 

Total other current liabilities

$

16,403

 

 

$

16,557

 

(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 March 31, 2025 and December 31, 2024 (in thousands):

 

 

 

 

 

March 31, 2025

 

 

December 31, 2024

 

Trade discount

$

13,323

 

 

$

13,421

 

Other long-term liabilities

 

46

 

 

 

44

 

Total other long-term liabilities

$

13,369

 

 

$

13,465