XML 39 R28.htm IDEA: XBRL DOCUMENT v3.22.2
Certain Balance Sheet Items (Tables)
6 Months Ended
Jun. 30, 2022
Certain Balance Sheet Items [Abstract]  
Schedule Of Prepaid Expenses And Other Current Assets
Prepaid and other current assets, consisted of the following:
 June 30, 2022December 31, 2021
Insurance recovery (a)$29,748,499 $— 
Prepaid manufacturing expenses 18,337,500 27,474,159 
Other prepaid expenses8,169,327 11,362,832 
Total prepaid and other current assets$56,255,326 $38,836,991 
Schedule of Accounts Payable and Accrued Liabilities
Accounts payable and accrued expenses, consisted of the following:
 June 30, 2022December 31, 2021
Trade accounts payable$38,235,903 $27,424,743 
Accrued compensation15,142,185 16,112,912 
Accrued litigation settlement (a)44,000,000 — 
Other accrued expenses7,637,249 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.