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Prepaid Expenses and Other Current Assets
12 Months Ended
Dec. 31, 2022
Prepaid Expense and Other Assets, Current [Abstract]  
Prepaid Expenses and Other Current Assets
4.
Prepaid Expenses and Other Current Assets

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

 

 

 

December 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Prepaid expenses

 

$

2,723

 

 

$

3,372

 

Prepaid clinical

 

 

6,353

 

 

 

328

 

Other

 

 

782

 

 

 

517

 

Total prepaid expenses and other current assets

 

$

9,858

 

 

$

4,217

 

 

The Company incurred a $0.3 million charge to sales and marketing expense related to the write-downs of DEXYCU sample units associated with expiration of DEXYCU sample units for the year ended December 31, 2022. In connection with the change in CMS reimbursement rules on November 1, 2022 (see Note 6), the Company recorded impairment charges of $0.1 million to cost of sales, excluding amortization of acquired intangible assets, associated with the write-off of excess DEXYCU units, and $0.1 million to sales and marketing expense, associated with the write-off of excess DEXYCU sample units, respectively, whose prepaid manufacturing levels were higher than the Company’s updated forecasts of future demand for those units.