Fortress Biotech, Inc. Quarterly report pursuant to Section 13 or 15(d)

Accounts Payable and Accrued Expenses

9 Months Ended

Sep. 30, 2021

12. Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consisted of the following:


	September 30,			December 31,
($ in thousands)	2021		2020
	(Unaudited)

Accounts Payable	$	42,707	$	11,412
Accrued expenses:
Professional fees		1,320		1,236
Salaries, bonus and related benefits		7,100		6,701
Research and development		6,541		5,007
Research and development - manufacturing		—		518
Research and development - license maintenance fees		645		461
Research and development - milestones		1,332		600
Accrued royalties payable		4,496		2,682
Accrued coupon expense		12,449		12,869
Income taxes payable		—		136
Return reserve		3,652		2,580
Other		2,613		1,187
Total accounts payable and accrued expenses	$	82,855	$	45,389