Prepaid Expenses and Other Current Assets

12 Months Ended

Dec. 31, 2023

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepaid Expenses and Other Current Assets

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets are comprised of the following (in thousands):

	December 31, 2023		December 31, 2022
Deposits and advances	$	2,200	$	1,821
Prepaid insurance	8,334		8,090
Prepaid regulatory fees	6,331		5,298
Income and other tax receivables	13,168		12,881
Prepaid taxes	11,899		16,593
Other current receivables (1)	9,929		33,133
Chargebacks receivable (2)	7,876		8,605
Other prepaid assets	22,948		17,144
Total prepaid expenses and other current assets	$	82,685	$	103,565

(1)Other current receivables as of December 31, 2022 included a $21.4 million receivable for an upfront payment associated with the Orion Agreement which was collected in January 2023. Refer to Note 5. Alliance and Collaboration for additional information.

(2)When a sale occurs on a contract item, the difference between the cost paid to the manufacturer by the Company and the contract cost that the end customer has with the manufacturer is rebated back to the Company by the manufacturer. The Company establishes a chargeback (rebate) receivable and a reduction to cost of goods sold in the same period as the related sale.