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Accounts payable and accrued expenses
12 Months Ended
Dec. 31, 2023
Payables and Accruals [Abstract]  
Accounts payable and accrued expenses

6. Accounts payable and accrued expenses

Accounts payable and accrued expenses at December 31, 2023 and 2022 consist of the following:

December 31, 

2023

    

2022

Employee compensation, benefits, and related accruals

$

62,643

$

62,669

Income tax payable

4,712

Consulting and contracted research

 

27,500

 

38,882

Professional fees

 

2,246

 

3,093

Sales allowance

 

77,176

 

63,787

Sales rebates

 

131,334

 

67,355

Royalties

74,111

40,546

Accounts payable

 

6,045

 

27,268

Other

 

10,928

 

12,054

Total

$

391,983

$

320,366

During the year ended December 31, 2023, the Company incurred $32.8 million of restructuring costs from a reduction in workforce in connection with the Company’s strategic pipeline prioritization and discontinuation of its preclinical and early research programs in its gene therapy platform. The costs are included in research and development and selling, general and administrative expenses on the Company’s consolidated statement of operations. As of December 31, 2023, the remaining $9.0 million of accrued restructuring costs are included above within employee compensation, benefits, and related accruals.