Note 14 - Restructuring Costs

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Restructuring and Related Activities Disclosure [Text Block]

NOTE 

14.

  Restructuring Costs

Restructuring liabilities primarily consist of the estimated future obligations for contract suspension costs and severance and benefits obligations. These restructuring liabilities, all of which are expected to be paid in the year ending 

December 31, 2020,

are recorded in either accounts payable or other accrued liabilities in the consolidated balance sheets.

The Company approved a reduction-in-force during the year ended

December 31, 2019,

for which it has accrued severance and benefits charges. As of

December 31, 2019,

no

 cash payments had been made. The Company has also accrued the maximum amount potentially payable under a manufacturing work order which it suspended, recorded impairment charges against property and equipment and right-of-use assets formerly used for manufacturing from which

no

future benefits will be derived, and incurred legal fees in connection with the restructuring. The Company expects to record further charges in

2020

for legal fees, broker commissions and accretion related to the manufacturing premises and, potentially, further impairment of a right-of-use asset if it is unable to sublease the manufacturing premises for as much as it is presently paying, or if subleasing takes longer than expected. The Company has

not

agreed to pay the full amount accrued with respect to the suspended manufacturing work order and expects to reverse part of the related charge following negotiations with the vendor.

Restructuring liabilities are summarized as follows:

	Suspension		Severance		Impairment
	of Contract		Benefits		Charges			Other		Total
	(in thousands)
Balance at January 1, 2019	$	—	$	—	$	—		$	—	$	—
Period charges		3,223		368		1,272			57		4,920
Settlements		—		—		(1,272	)		—		(1,272	)
Balance at December 31, 2019	$	3,223	$	368	$	—		$	57	$	3,648