Certain Balance Sheet Accounts |
Note 3—Certain Balance Sheet Accounts Accounts Receivable, net Accounts receivable, net consist of the following: | | | | | | | | | June 30, | | December 31, | | | 2020 | | 2019 | | | | (In thousands) | Trade receivables, net | | $ | 15,694 | | $ | 35,074 | Sublease and other receivables | | | 86 | | | 111 | Total accounts receivables, net | | $ | 15,780 | | $ | 35,185 |
Trade receivables are shown net of $1.1 million and $1.6 million of chargeback and product return allowances as of June 30, 2020 and December 31, 2019, respectively. Inventory Inventory consists of the following: | | | | | | | | | June 30, | | December 31, | | | 2020 | | 2019 | | | | (In thousands) | Raw materials | | $ | 91 | | $ | 91 | Work-in-progress | | | 1,195 | | | 338 | Finished goods | | | 606 | | | 718 | Total inventory | | $ | 1,892 | | $ | 1,147 |
Property and Equipment, Net Property and equipment, net consists of the following: | | | | | | | | | June 30, | | December 31, | | | 2020 | | 2019 | | | | (In thousands) | Finance leases | | $ | 5,518 | | $ | 5,474 | Laboratory equipment | | | 2,830 | | | 2,844 | Computer equipment | | | 985 | | | 921 | Office equipment and furniture | | | 625 | | | 625 | Total cost | | | 9,958 | | | 9,864 | Less accumulated depreciation and amortization | | | (6,849) | | | (6,035) | Total property and equipment, net | | $ | 3,109 | | $ | 3,829 |
For the six months ended June 30, 2020 and 2019, depreciation and amortization expenses were $0.8 million for both periods, respectively. Accrued Expenses Accrued expenses consist of the following: | | | | | | | | | June 30, | | December 31, | | | 2020 | | 2019 | | | | (In thousands) | Contract research and development | | $ | 9,206 | | $ | 24,107 | Sales rebates, fees and discounts | | | 5,737 | | | 10,870 | Employee compensation | | | 3,420 | | | 3,546 | Consulting and professional fees | | | 3,325 | | | 3,610 | Interest payable | | | 1,640 | | | 1,640 | Clinical trials | | | 1,629 | | | 1,982 | Other accrued expenses | | | 881 | | | 872 | Total accrued expenses | | $ | 25,838 | | $ | 46,627 |
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