Accrued Expenses

6 Months Ended

Jun. 30, 2018

Other Income and Expenses [Abstract]

Accrued Expenses

Accrued Expenses

Accrued expenses represent various obligations of the Company including certain operating expenses and taxes payable.

As of June 30, 2018 and December 31, 2017, the largest components of accrued expenses were (in thousands):

	June 30, 2018		December 31, 2017
	(Unaudited)		(Audited)
Capital expenditures	$	2,476	$	1,947
Payroll	1,483		1,580
Professional fees	1,284		546
Interest expense	763		240
Clinical studies	603		596
Royalties	578		856
Medicaid and Medicare *	542		—
Inventory and Supplies	460		58
Rebates *	332		—
Income Tax	60		58
Wholesaler fees *	—		7,044
Other	688		577
	$	9,269	$	13,502

* Wholesale fees ($2.8 million) have been reclassified to Accounts Receivable and Medicaid $0.5 million, Medicare Fees $0.1 million and Rebates $0.3 million have been reclassified to Accrued Expenses upon adoption of ASC Topic 606, "Revenue from Contracts and Customers" in 2018.