Company: SCLXW
Filing Date: 2025-01-17
Form Type: 10-Q
Source: 0000950170-25-006755
Chunk: 41

Company: Scilex Holding Co
Filing Date: 2025-01-17
Form: 10-Q
Item: Item 1
Chunk 41
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SCILEX HOLDING COMPANY 

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except for par value and share amounts) 

(Unaudited)

    September 30,2024

    December 31,2023

    ASSETS

    Current assets:

    Cash and cash equivalents
     
    $
    77

    $
    3,921

    Accounts receivable, net

    31,580

    34,597

    Inventory

    2,404

    4,214

    Prepaid expenses and other

    5,794

    4,049

    Total current assets

    39,855

    46,781

    Property and equipment, net

    711

    722

    Operating lease right-of-use asset

    2,396

    2,943

    Intangibles, net

    33,454

    36,485

    Investments

    2,375

    —

    Goodwill

    13,481

    13,481

    Other long-term assets

    8,158

    897

    Total assets
     
    $
    100,430

    $
    101,309

    LIABILITIES AND STOCKHOLDERS’ DEFICIT

    Current liabilities:

    Accounts payable
     
    $
    43,400

    $
    40,954

    Accrued payroll

    975

    2,681

    Accrued rebates and fees

    141,709

    89,658

    Accrued expenses

    9,671

    7,408

    Current portion of deferred consideration

    458

    491

    Debt, current

    84,636

    108,429

    Current portion of operating lease liabilities

    688

    759

    Total current liabilities

    281,537

    250,380

    Long-term portion of deferred consideration

    2,556

    2,895

    Debt, net of issuance costs

    14,332

    17,038

    Derivative liabilities

    11,453

    1,518

    Operating lease liabilities

    1,714

    2,237

    Other long-term liabilities

    155