XML 46 R29.htm IDEA: XBRL DOCUMENT v3.22.4
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets consisted of the following:

 

 

 

 

 

December 31, 2022

 

 

December 31, 2021

 

(Dollars In thousands)

 

Estimated
Remaining
Useful Lives
(Years)

 

 

Cost

 

 

Disposals

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

 

Cost

 

 

Additions

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

Inbrija (1)

 

 

11

 

 

 

423,000

 

 

 

 

 

 

(117,927

)

 

 

305,073

 

 

 

423,000

 

 

 

 

 

 

(87,164

)

 

 

335,836

 

Website
   development costs

 

1-3

 

 

 

14,585

 

 

 

(3,683

)

 

 

(10,888

)

 

 

14

 

 

 

14,559

 

 

 

26

 

 

 

(14,441

)

 

 

144

 

 

 

 

 

 

$

437,585

 

 

$

(3,683

)

 

$

(128,815

)

 

$

305,087

 

 

$

437,559

 

 

$

26

 

 

$

(101,605

)

 

$

335,980

 

 

 

(1)
In December 2018, the Company received FDA approval for Inbrija and accordingly reclassified the indefinite lived intangible assets to definite lived intangible assets and began amortizing the assets upon launch in February 2019.
Schedule of Estimated Future Amortization Expense for Intangible Assets

Estimated future amortization expense for intangible assets subsequent to December 31, 2021 is as follows:

(In thousands)

 

 

 

2023

 

$

30,772

 

2024

 

 

30,768

 

2025

 

 

30,764

 

2026

 

 

30,764

 

2027

 

 

30,764

 

Thereafter

 

 

151,255

 

 

 

$

305,087