Company: SCLXW
Filing Date: 2025-08-14
Form Type: 424B3
Source: 0000950170-25-108223
Chunk: 88

Company: Scilex Holding Co
Filing Date: 2025-08-14
Form: 424B3
Chunk 88
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  (129 | ) |
| Total ELYXYB                            |     |   |   899 |     |   | 1,294 |     |   |  (395 | ) |
| R&D Discovery Project                   |     |   |       |     |   |       |     |   |       |   |
| Contracted R&D                          |     |   |    67 |     |   |     — |     |   |    67 |   |
| Personnel                               |     |   |   147 |     |   |     — |     |   |   147 |   |
| Other                                   |     |   | 4,367 |     |   |     — |     |   | 4,367 |   |
| Total R&D Discovery Project             |     |   | 4,581 |     |   |     — |     |   | 4,581 |   |
| Total Research and Development Expenses |     | $ | 8,643 |     | $ | 5,112 |     | $ | 3,531 |   |

Research and development expenses for the six months ended June 30, 2025 and 2024 were $8.6 million and $5.1 million, respectively. The increase was primarily attributed to the acquisition costs for the KDS2010 license, offset by reduced Chemistry, Manufacturing and Control development and consulting work related to SP-102. Selling, General and Administrative Expenses Selling, general and administrative expenses for the six months ended June 30, 2025 and 2024 were $47.9 million and $53.9 million, respectively. The decrease of approximately $6.0 million was primarily due to a $3.4 million decrease in marketing expenses, a $3.3 million decrease in personnel expense, a $1.2 million decrease in travel expenses, a $0.9 million decrease in advisory and financing expenses, a $0.5 million decrease in insurance costs, a $0.2 million decrease in rebate expenses, and a $1.3 million decrease in other expenses in the six months ended June 30, 2025, partially offset by a $3.3 million increase in contracted services and a $1.5 million increase in legal fees. Intangible Amortization Expense Intangible amortization expense for each of the six months ended June 30, 2025 and 2024 was $2.0 million. Legal Settlement