ACCOUNTS RECEIVABLE AND RESERVES FOR PRODUCT SALES (Tables)

3 Months Ended

Mar. 31, 2017

Summary of Components of Accounts Receivable

The following table summarizes the components of the Company’s accounts receivable for the periods indicated:

	As of March 31, 2017		As of December 31, 2016
	(in thousands)
Trade receivables	$	11,349	$	4,002
Unbilled receivables		929		1,226
Total accounts receivable	$	12,278	$	5,228

Summary of Change in Reserves for Discounts and Allowances

The following table summarizes an analysis of the change in reserves for discounts and allowances for the periods indicated:

	Chargebacks			Rebates			Other Accruals			Total
	(in thousands)
Balance, as of December 31, 2016	$	1		$	238		$	67		$	306
Provision		256			608			132			996
Payments/credits		(152	)		(88	)		(82	)		(322	)
Balance, as of March 31, 2017	$	105		$	758		$	117		$	980

Summary of Total Reserves Included in Consolidated Balance Sheets

The following table summarizes the total reserves above included in the Company’s unaudited condensed consolidated balance sheets for the periods indicated:

	As of March 31, 2017		As of December 31, 2016
	(in thousands)
Reduction to accounts receivable	$	105	$	1
Component of accrued expenses		875		305
Total reserves	$	980	$	306