Company: INGN
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029993
Chunk: 117

Company: Inogen Inc
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 117
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 two distribution arrangements whereby Inogen will distribute certain products supplied by Yuwell in the United States and specified European countries and Yuwell will distribute certain products supplied by the Company in specified Asia Pacific countries.   Securities Purchase Agreement On January 25, 2025, the Company entered into a Securities Purchase Agreement (Purchase Agreement) with Yuwell (Hong Kong) Holdings Limited (Investor), a wholly-owned subsidiary of Jiangsu Yuyue Medical Equipment & Supply Co., Ltd., pursuant to which the Investor purchased 2,626,425 shares  of the Company’s common stock, at a price per share of $10.36, for an aggregate purchase price of approximately $27,210 (the Private Placement). The closing of the Private Placement took place on February 21, 2025.

 F-35

Schedule II: Valuation and Qualifying Accounts

      Balance at

      Beginning

      Balance at

      of Year

      Additions

      Deletions

      End of Year

      Year ended December 31, 2024

      Allowance for doubtful accounts (1)
       
      $
      2,341

      $
      2,101

      $
      3,984

      $
      458

      Allowance for sales returns (2)

      479

      8,789

      8,855

      413

      Allowance for rental asset loss (3)

      2,606

      4,082

      2,944

      3,744

      Year ended December 31, 2023

      Allowance for doubtful accounts (1)
       
      $
      77

      $
      2,273

      $
      9

      $
      2,341

      Allowance for sales returns (2)

      483

      8,457

      8,461

      479

      Allowance for rental asset loss (3)

      2,255

      3,290

      2,939

      2,606

      Year ended December 31, 2022

      Allowance for doubtful accounts (1)
       
      $
      52

      $
      97

      $
      72

      $
      77

      Allowance for sales returns (2)

      810

      12,927

      13,254

      483