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DEFERRED REVENUE
 3 Months Ended
Mar. 31, 2016
DEFERRED REVENUE  
DEFERRED REVENUE

11. DEFERRED REVENUE

 

Deferred revenue consists of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

Balance as of

 

 

March 31, 

 

December 31, 

 

 

2016

 

2015

Qsymia deferred revenue - current

    

$
16,820 

    

$
19,275 

SPEDRA deferred revenue - current

 

 
1,403 

 

 
2,867 

Total deferred revenue - current

 

$
18,223 

 

$
22,142 

 

 

 

 

 

 

 

SPEDRA deferred revenue - non-current

 

$
7,682 

 

$
6,508 

 

Qsymia deferred revenue consists of product shipped to the Company’s wholesalers, certified retail pharmacies and certified home delivery pharmacy services networks, but not yet dispensed to patients through prescriptions, net of prompt payment discounts. SPEDRA deferred revenue relates to a prepayment for future royalties on sales of SPEDRA.