Other Long-Term Liabilities

9 Months Ended

Sep. 30, 2022

Other Long-Term Liabilities

Other Long-Term Liabilities

7. Other Long-Term Liabilities

During the nine months ended September 30, 2022, the Company received a total of $3.4 million in cash for research and development (“R&D”) incentive credit that the Company earned during the fiscal years 2021 and 2020 through the participation in the Australian research and development incentive credit program administered through the Australian Tax Office. The Company recorded the receipt as long-term liability until there is reasonable assurance that the Company will comply with the conditions attached to the incentive credit. See Note 2. Summary of Significant Accounting Policies in the Company’s 2021 Annual Report on Form 10-K for accounting policies related to research and development incentive credits.

The Company’s other long-term liabilities are summarized as follows (in thousands):

	September 30, 2022		December 31, 2021
Research and development incentive credit	$	3,402	$	—
Lease obligation, long-term portion (see Note 4)		788		1,124
Conditional economic incentive grants		250		250
Other		66		80
Total other long-term liabilities	$	4,506	$	1,454