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Certain Balance Sheet Accounts
6 Months Ended
Jun. 30, 2020
Receivables [Abstract]  
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