|
9. Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities are comprised of the following (in thousands):
|
|
|
December 31, |
|
|
|
|
2022 |
|
|
2021 |
|
|
Salary and related expenses |
|
$ |
14,906 |
|
|
$ |
14,022 |
|
|
Discounts and allowances for commercial product sales |
|
|
8,504 |
|
|
|
4,227 |
|
|
Returns reserve for acquired product |
|
|
1,013 |
|
|
|
— |
|
|
Professional fees |
|
|
1,136 |
|
|
|
895 |
|
|
Deferred lease liability |
|
|
1,304 |
|
|
|
1,380 |
|
|
Current portion of milestone rights liability |
|
|
924 |
|
|
|
1,088 |
|
|
Accrued interest |
|
|
2,201 |
|
|
|
2,166 |
|
|
Retail inventory purchase |
|
|
— |
|
|
|
875 |
|
|
Danbury facility buildout |
|
|
846 |
|
|
|
786 |
|
|
Other |
|
|
4,719 |
|
|
|
1,980 |
|
|
Accrued expenses and other current liabilities |
|
$ |
35,553 |
|
|
$ |
27,419 |
|
The provision for discounts and allowances for commercial product sales is reflected as a component of net revenues. The activities and ending balance consists of the following (in thousands):
|
|
|
December 31, |
|
|
|
|
2022 |
|
|
2021 |
|
|
Discounts and allowances for commercial product sales: |
|
|
|
|
|
|
|
|
|
Beginning balance |
|
$ |
4,227 |
|
|
$ |
3,688 |
|
|
Provisions |
|
|
23,369 |
|
|
|
13,057 |
|
|
Deductions |
|
|
(20,603 |
) |
|
|
(12,518 |
) |
|
V-Go opening balance sheet |
|
|
1,511 |
|
|
|
— |
|
|
Ending balance |
|
$ |
8,504 |
|
|
$ |
4,227 |
|
|