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Certain Balance Sheet Items | 6 Months Ended
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Jun. 30, 2022
Certain Balance Sheet Items [Abstract] |
Certain Balance Sheet Items | Certain Balance Sheet Items Prepaid and other current assets, consisted of the following:
| June 30, 2022 |  | December 31, 2021
Insurance recovery (a) | $ | 29,748,499 |  |  | $ | — |
Prepaid manufacturing expenses | 18,337,500 |  |  | 27,474,159 |
Other prepaid expenses | 8,169,327 |  |  | 11,362,832 |
Total prepaid and other current assets | $ | 56,255,326 |  |  | $ | 38,836,991 |
Accounts payable and accrued expenses, consisted of the following:
| June 30, 2022 |  | December 31, 2021
Trade accounts payable | $ | 38,235,903 |  |  | $ | 27,424,743 |
Accrued compensation | 15,142,185 |  |  | 16,112,912 |
Accrued litigation settlement (a) | 44,000,000 |  |  | — |
Other accrued expenses | 7,637,249 |  |  | 4,106,875 |
Total accounts payable and accrued expenses | $ | 105,015,337 |  |  | $ | 47,644,530 |
(a) In July 2022, the Company entered into a memorandum of understanding for the proposed settlement of the ongoing class action litigation described in this report under “Legal Proceedings.” The proposed settlement includes $30.0 million in cash and $14.0 million in shares of the Company's common stock to settle all outstanding claims. The Company's insurance carriers have committed to pay the cash component of the proposed settlement. As of June 30, 2022, the Company's insurance carriers had paid $252,000 of other expenses on behalf of the Company that will be offset against the insurers' commitment.
Certain Balance Sheet Items | Certain Balance Sheet Items Prepaid and other current assets, consisted of the following:
| June 30, 2022 |  | December 31, 2021
Insurance recovery (a) | $ | 29,748,499 |  |  | $ | — |
Prepaid manufacturing expenses | 18,337,500 |  |  | 27,474,159 |
Other prepaid expenses | 8,169,327 |  |  | 11,362,832 |
Total prepaid and other current assets | $ | 56,255,326 |  |  | $ | 38,836,991 |
Accounts payable and accrued expenses, consisted of the following:
| June 30, 2022 |  | December 31, 2021
Trade accounts payable | $ | 38,235,903 |  |  | $ | 27,424,743 |
Accrued compensation | 15,142,185 |  |  | 16,112,912 |
Accrued litigation settlement (a) | 44,000,000 |  |  | — |
Other accrued expenses | 7,637,249 |  |  | 4,106,875 |
Total accounts payable and accrued expenses | $ | 105,015,337 |  |  | $ | 47,644,530 |
(a) In July 2022, the Company entered into a memorandum of understanding for the proposed settlement of the ongoing class action litigation described in this report under “Legal Proceedings.” The proposed settlement includes $30.0 million in cash and $14.0 million in shares of the Company's common stock to settle all outstanding claims. The Company's insurance carriers have committed to pay the cash component of the proposed settlement. As of June 30, 2022, the Company's insurance carriers had paid $252,000 of other expenses on behalf of the Company that will be offset against the insurers' commitment.

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- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a),20,24) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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- Definition The entire disclosure for other current assets. + References No definition available. + Details
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