Prepaid Expenses and Other Current Assets (Tables)

3 Months Ended

Mar. 31, 2024

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of Prepaid Expenses and Other Current Assets

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

	March 31, 2024		December 31, 2023
Deposits and advances	$	1,935	$	2,200
Prepaid insurance	4,780		8,334
Prepaid regulatory fees	4,219		6,331
Income and other tax receivables	12,198		13,168
Prepaid taxes	9,205		11,899
Other current receivables	12,802		9,929
Chargebacks receivable (1)	8,575		7,876
Other prepaid assets	33,584		22,948
Total prepaid expenses and other current assets	$	87,298	$	82,685

(1)When a sale occurs on a contract item in the Company’s AvKARE segment, the difference between the cost paid to the manufacturer by the Company and the contract cost that the end customer has with the manufacturer is rebated back to the Company by the manufacturer. The Company establishes a chargeback receivable and a reduction to cost of goods sold in the same period as the related sale.