Accrued Expenses

3 Months Ended

Mar. 31, 2018

Other Income and Expenses [Abstract]

Accrued Expenses

Accrued Expenses

Accrued expenses represent various obligations of the Company including certain operating expenses and taxes payable.

As of March 31, 2018 and December 31, 2017, the largest components of accrued expenses were (in thousands):

	March 31, 2018		December 31, 2017
Capital expenditures	$	3,054	$	1,947
Interest expense	1,587		240
Payroll	1,575		1,580
Professional fees	1,013		546
Clinical studies	905		596
Royalties	893		856
Medicaid and Medicare *	868		—
Rebates *	314		—
Wholesaler fees *	104		7,044
Income Tax	38		58
Other	787		635
	$	11,138	$	13,502

* The majority of the wholesale fees ($4.4 million) have been reclassified to Accounts Receivable and Medicaid $0.7 million, Medicare Fees $0.1 million and Rebates $0.3 million have been reclassified to Accrued Expenses upon adoption of ASC Topic 606, "Revenue from Contracts and Customers" in 2018.