Annual report pursuant to Section 13 and 15(d)

Accounts Payable

v3.22.1
Accounts Payable
12 Months Ended
Dec. 31, 2021
Payables and Accruals [Abstract]  
Accounts Payable

Note 4 – Accounts Payable

 

Accounts payable consisted of the following (in thousands):

 

   

December 31,

2021

   

December 31,

2020

 
Accounts payable to a third-party manufacturer   $ 6,335     $ -  
Other accounts payable     1,854       2,243  
Total accounts payable   $ 8,189     $ 2,243  

 

The Company relies on a third-party contract manufacturing operation to produce and/or test our compounds used in our potential product candidates. As of December 31, 2021 the Company was indebted $6.3 million of accounts payable to this vendor.