ACCRUED EXPENSES

6 Months Ended

Jun. 30, 2026

Accrued expenses consist of the following (in thousands):


	June 30,		December 31,
	2026		2025
Accrued selling, general and administrative expenses	$	26,080	$	17,429
Accrued research and development expenses	8,243		6,129
Accrued production costs	10,494		9,002
Other accrued operating expenses	8,235		12,864
Compensation and benefits	26,987		37,841



Accrued interest	778		782
Product returns and wholesaler service fees	12,682		11,554
Total	$	93,499	$	95,601

In June 2026, $0.7 million of accrued expenses related to iovera°, comprised of $0.5 million of other accrued operating expenses and $0.2 million of product returns and wholesaler services, were reclassified to liabilities held for sale in conjunction with entering into the Purchase Agreement with Zimmer. For more information, see Note 3, Assets and Liabilities Held for Sale.