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