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Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2019
Accounting Policies [Abstract]  
Percentage of Net Product Sales and Accounts Receivable Balance

The following table includes the percentage of net product sales and accounts receivable balances for our three major Customers, each of which comprised 10% or more of our net product sales:

 

 

 

Net Product Sales

 

 

Accounts

Receivable

 

 

 

Three Months Ended

June 30, 2019

 

 

Six Months Ended

June 30, 2019

 

 

As of

June 30, 2019

 

Customer A

 

 

41.3

%

 

 

41.0

%

 

 

42.0

%

Customer B

 

 

40.4

%

 

 

38.7

%

 

 

48.0

%

Customer C

 

 

15.8

%

 

 

17.9

%

 

 

8.9

%

Total

 

 

97.5

%

 

 

97.6

%

 

 

98.9

%

Summary of Activity to Product Returns, Distributor Fees and Discounts, Rebates and Administrative Fees

The following table provides a summary of activity with respect to our product returns, distributor fees and discounts, rebates and administrative fees, which are included in other accrued liabilities on the condensed consolidated balance sheets (in thousands):

 

 

 

Product

Returns

 

 

Distributor

Fees

 

 

Discounts,

Rebates and

Administrative Fees

 

 

Total

 

Balance at December 31, 2018

 

$

947

 

 

$

2,813

 

 

$

21,743

 

 

$

25,503

 

Provision

 

 

707

 

 

 

8,434

 

 

 

66,334

 

 

 

75,475

 

Payments/credits

 

 

(41

)

 

 

(7,225

)

 

 

(54,087

)

 

 

(61,353

)

Balance at June 30, 2019

 

$

1,613

 

 

$

4,022

 

 

$

33,990

 

 

$

39,625

 

Common Stock Equivalents Excluded From Computation of Net Loss Per Share

Because we have incurred a net loss for each of the periods presented in the unaudited condensed consolidated statements of operations and comprehensive loss, the following common stock equivalents were not included in the computation of net loss per share because their effect would be anti-dilutive (in thousands):

 

 

June 30,

 

 

 

2019

 

 

2018

 

Stock options outstanding

 

 

13,545

 

 

 

12,514

 

Warrants outstanding

 

 

640

 

 

 

640

 

Shares of common stock underlying Convertible Notes

   outstanding

 

 

8,729

 

 

 

8,224