Company: SCLXW
Filing Date: 2025-01-17
Form Type: 424B3
Source: 0000950170-25-006777
Chunk: 31

Company: Scilex Holding Co
Filing Date: 2025-01-17
Form: 424B3
Chunk 31
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     |      |            50 |   |     |      |           50 |   |
| Property and equipment, gross  |     |      |           753 |   |     |      |          780 |   |
| Less: Accumulated depreciation |     |      |           (42 | ) |     |      |          (58 | ) |
| Property and equipment, net    |     | $    |           711 |   |     | $    |          722 |   |

The Company recognized depreciation expense of $4.0 thousand and $12.0 thousand for the three months ended September 30, 2024 and 2023, respectively, and $12.0 thousand and $32.0 thousand for the nine months ended September 30, 2024 and 2023, respectively.

Accrued Expenses

Accrued expenses consists of the following (in thousands):

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|                                        |     | 2024 | September 30, |     | 2023 | December 31, |
|:---------------------------------------|:----|:-----|--------------:|:----|:-----|-------------:|
| Accrued professional service fees      |     | $    |         6,117 |     | $    |        2,029 |
| Accrued sales and marketing costs      |     |      |         1,704 |     |      |        1,601 |
| Accrued tax payable                    |     |      |         1,351 |     |      |        1,452 |
| Accrued others                         |     |      |           346 |     |      |          280 |
| Accrued research and development costs |     |      |           153 |     |      |        1,546 |
| Accrued litigation expenses            |     |      |             — |     |      |          500 |
| Accrued expenses                       |     | $    |         9,671 |     | $    |        7,408 |

6. Goodwill and Intangible Assets

As of September 30, 2024 and December 31, 2023, the Company had recorded goodwill of $13.5 million. No goodwill impairment was recognized for the nine months ended September 30, 2024 and 2023.

Amortization of the intangible assets that have finite useful lives is