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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Schedule of financial assets and liabilities measured and recognized at fair value
Financial assets and liabilities measured and recognized at fair value are as follows:
June 30, 2022
TotalLevel 1Level 2Level 3
Assets:
Money market funds$30,783 $30,783 $— $— 
Convertible promissory note4,653 — — 4,653 
Embedded derivative asset in convertible promissory note1,027 — — 1,027 
Investment in Tyme2,800 2,800 — — 
Liability:
Foreign currency exchange contracts685 — 685 — 
December 31, 2021
TotalLevel 1Level 2Level 3
Assets:
Money market funds$57,357 $57,357 $— $— 
Convertible promissory note4,021 — — 4,021 
Embedded derivative asset in convertible promissory note962 — — 962 
Investment in Tyme6,030 6,030 — — 
Schedule of revenues and accounts receivables by major customers
The total revenues and accounts receivables broken down by major customers as a percentage of the total are as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2022202120222021
Total revenues
Teva - See Revenue Recognition
36 %64 %29 %65 %
Customer A19 %10 %19 %%
Customer B%%12 %%
Customer C12 %%13 %%
Customer D%%%10 %
Other19 %%18 %%
100 %100 %100 %100 %
June 30, December 31,
20222021
Accounts receivable
Teva - See Revenue Recognition
32 %63 %
Customer A21 %13 %
Customer B18 %13 %
Customer C%%
Customer D%%
Other19 %%
100 %100 %
Schedule of dilutive and anti-dilutive common shares equivalents outstanding
The anti-dilutive common share equivalents outstanding for the three and six months ended June 30, 2022 and 2021 were as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2022202120222021
Stock options2,499,165 2,844,961 2,092,420 1,622,046 
Restricted stock units
77,149 223,103 77,149 1,413,687 
Total2,576,314 3,068,064 2,169,569 3,035,733 
Computation for basic and diluted net (loss) earnings per share
The following table sets forth the computation for basic and diluted net (loss) earnings per share for the three and six months ended June 30, 2022 and 2021:
Three Months Ended
June 30,
Six Months Ended
June 30,
2022202120222021
Numerator
Net (loss) income$(9,450)$3,612 $34,608 $3,191 
Denominator
Basic weighted average common shares outstanding 12,836,116 13,108,998 12,773,727 13,116,370 
Dilutive effect of stock awards — 153,166 178,061 177,550 
Diluted weighted average common shares outstanding 12,836,116 13,262,164 12,951,788 13,293,920 
Basic net (loss) earnings per share
Basic net (loss) earnings per share $(0.74)$0.28 $2.71 $0.24 
Diluted net (loss) earnings per share
Diluted net (loss) earnings per share $(0.74)$0.27 $2.67 $0.24