Quarterly report pursuant to Section 13 or 15(d)

LICENSE AGREEMENTS (Tables)

v3.19.3
LICENSE AGREEMENTS (Tables)
 3 Months Ended
Sep. 30, 2019
LICENSE AGREEMENTS  
Summary of the amounts payable under the amended License Agreement along with cash payments made.

Presented below is a summary of the amounts payable under the amended License Agreement along with cash payments made for the three months ended September 30, 2019 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payable

 

Cash Activity

 

Payable

 

    

June 30, 

    

Early

    

Scheduled

    

September 30, 

Future Payment Date

 

2019

 

Payments

 

Payments

 

2019

September 30, 2019

 

$

1,500

 

$

 —

 

$

(1,500)

 

$

 —

December 31, 2019

 

 

1,000

 

 

 —

 

 

 —

 

 

1,000

March 31, 2020

 

 

2,000

 

 

 —

 

 

 —

 

 

2,000

June 30, 2020

 

 

2,000

 

 

(1,391)

 

 

 —

 

 

609

September 30, 2020

 

 

2,000

 

 

(2,000)

 

 

 —

 

 

 —

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

8,500

 

$

(3,391)

 

$

(1,500)

 

 

3,609

Less long-term portion of payable

 

 

(2,000)

 

 

  

 

 

  

 

 

 —

 

 

 

 

 

 

 

 

 

 

 

 

 

Current portion of payable

 

$

6,500

 

 

  

 

 

  

 

$

3,609