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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2019
Commitments And Contingencies Disclosure [Abstract]  
Annual Purchase Requirements under Amended Contract

In August 2019, the Company and Amphastar amended the Insulin Supply Agreement to extend the term to 2026 and to restructure the annual purchase commitments. The annual purchase requirements under the amended contract are as follows:

 

 

 

Minimum Commitment

2020

 

6.6 million

2021

 

6.6 million

2022

 

8.5 million

2023

 

10.8 million

2024

 

14.6 million

2025

 

15.5 million

2026

 

19.4 million

Schedule of Future Minimum Office And Vehicle Lease Payments

Future minimum office and vehicle lease payments as of December 31, 2019 and 2018 were as follows:

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

2019

 

$

 

 

$

1,595,421

 

2020

 

 

1,470,217

 

 

 

1,623,835

 

2021

 

 

1,499,484

 

 

 

1,653,101

 

2022

 

 

1,241,089

 

 

 

1,305,096

 

2023

 

 

87,957

 

 

 

87,957

 

Total

 

$

4,298,747

 

 

$

6,265,410

 

 

The 2018 amounts above are inclusive of office and vehicle lease payments in order to conform to the current year’s presentation.