Annual report [Section 13 and 15(d), not S-K Item 405]

Accounts Payable and Accrued Expenses

v3.26.1
Accounts Payable and Accrued Expenses
12 Months Ended
Dec. 31, 2025
Accounts Payable and Accrued Expenses  
Accounts Payable and Accrued Expenses

10. Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consisted of the following:

December 31, 

December 31,

($ in thousands)

  ​ ​ ​

2025

  ​ ​ ​

2024

Accounts payable

$

14,238

$

31,636

Accrued expenses:

 

  ​

 

  ​

Professional fees

1,055

3,147

Salaries, bonus and related benefits

 

7,880

 

6,596

Research and development

 

277

 

8,509

Accrued royalties payable

 

1,805

 

1,374

Accrued coupon and rebates

 

16,547

 

6,200

Return reserve

2,177

3,124

Other1

 

3,146

 

4,915

Total accounts payable and accrued expenses

$

47,125

$

65,501

Note 1: Other as of December 31, 2025 and 2024 includes approximately $1.3 million of accrued consideration for the Mustang Asset Purchase Agreement with uBriGene, see Note 3.