Company: SCLXW
Filing Date: 2025-12-16
Form Type: S-1
Source: 0001193125-25-319720
Chunk: 515

Company: Scilex Holding Co
Filing Date: 2025-12-16
Form: S-1
Chunk 515
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 |   |               36 |   |
| Leasehold improvements         |     |   |               50 |   |     |   |               50 |   |
| Property and equipment, gross  |     |   |              772 |   |     |   |              780 |   |
| Less: Accumulated depreciation |     |   |              (64 | ) |     |   |              (58 | ) |
| Property and equipment, net    |     | $ |              708 |   |     | $ |              722 |   |

**The Company recognized depreciation expense of $ 14.0 thousand and $ 40.0 thousand for the years ended December 31, 2024 and 2023, respectively.

Accrued Expenses**

Accrued expenses consists of the following (in thousands):

|                                        |     |   | December 31,2024 |     |   | December 31,2023 |
|:---------------------------------------|:----|:--|-----------------:|:----|:--|-----------------:|
| Accrued professional service fees      |     | $ |              667 |     | $ |            2,029 |
| Accrued sales and marketing costs      |     |   |              876 |     |   |            1,601 |
| Accrued research and development costs |     |   |              315 |     |   |            1,546 |
| Accrued tax payable                    |     |   |              876 |     |   |            1,452 |
| Accrued litigation expenses            |     |   |                — |     |   |              500 |
| Accrued others                         |     |   |              107 |     |   |              280 |
| Accrued expenses                       |     | $ |            2,841 |     | $ |            7,408 |

F-26

**6. Goodwill and Intangible Assets**

As of December 31, 2024 and 2023, the Company had recorded goodwill of $ 13.5 million. No goodwill im pai rment was reco gni zed for the years ended December 31, 2024 and 2023.

Amortization of the intangible assets that have finite useful lives is generally recorded on a straight-line basis over their useful lives, ranging from 6.8 to 13.0 years.