Commitments and Contingencies

6 Months Ended

Jun. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Note 15 – Commitments and Contingencies

Purchase Commitments

In exchange for the rights granted under the License and Supply Agreement with Medica (see Note 7 – License and Supply Agreement, net), the Company agreed to make certain minimum annual aggregate purchases from Medica over the term of the License and Supply Agreement. For the year ended December 31, 2020, the Company has agreed to make minimum annual aggregate purchases from Medica of €3.2 million (approximately $3.5 million). As of June 30, 2020, the Company’s aggregate purchase commitments totaled €4.2 million (approximately $4.7 million).

Contractual Obligations

See Note 11 – Leases for a discussion of the Company’s contractual obligations.