BUSINESS COMBINATION (Tables)

3 Months Ended

Mar. 31, 2022

BUSINESS COMBINATION

Schedule of purchase consideration

	(in thousands)
Cash consideration	$	88,076
Repayment of Novitium debts		8,493
Fair value of restricted shares		91,199
Fair value of contingent consideration		30,800
Gross consideration	$	218,568
Cash acquired		12,076
Net consideration	$	206,492

Schedule of purchase price allocation

	(in thousands)
Total Purchase Consideration	$	218,568
Cash and cash equivalents		12,076
Accounts receivable		27,185
Inventories		14,460
Prepaid expenses and other current assets		1,891
Property and equipment		14,331
Intangible assets		139,200
Goodwill		24,608
Other non-current assets		1,413
Total assets acquired		235,164
Accounts payable		1,560
Accrued expense and other current liabilities		6,035
Accrued compensation and other related expenses		4,909
Accrued government rebates		744
Returned goods reserve		2,202
Other non-current liabilities		1,146
Total liabilities assumed		16,596
Net assets acquired	$	218,568