Summary of the amounts payable under the amended License Agreement along with cash payments made. |
summary of cash payments under the amended License Agreement, and the impact of Amendment No. 3 on the remaining payment obligations as of June 30, 2020 (in thousands):
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Balance
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Balance
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June 30,
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Cash Payments
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Amendment
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June 30,
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Scheduled Payment Date
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2019
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Early
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Scheduled
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No. 3
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2020
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September 30, 2019
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$
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1,500
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$
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—
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$
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(1,500)
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$
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—
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$
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—
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December 31, 2019
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1,000
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—
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(1,000)
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—
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—
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March 31, 2020
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2,000
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—
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(400)
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(1,600)
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June 30, 2020
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2,000
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(1,391)
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(400)
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(209)
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September 30, 2020
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2,000
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(2,000)
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—
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400
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400
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December 31, 2020
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—
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—
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—
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400
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400
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March 31, 2021
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—
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—
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—
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400
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400
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June 30, 2021
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—
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—
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—
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400
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400
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September 30, 2021
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—
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—
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—
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209
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209
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Total
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8,500
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$
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(3,391)
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$
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(3,300)
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$
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—
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1,809
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Less long-term portion of payable
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(2,000)
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(209)
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Current portion of payable
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$
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6,500
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$
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1,600
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