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SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2022

Schedule of revenue by reportable segments


	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2022		2021		2022		2021
Net Revenues
Generics, Established Brands, and Other	$	63,653	$	48,625	$	126,838	$	103,146
Rare Disease		10,202		—		11,494		—
Total net revenues	$	73,855	$	48,625	$	138,332	$	103,146

Segment earnings/(loss) before interest, taxes, depreciation and amortization (“EBITDA”) and reconciliation to (loss)/income before income taxes
Generics, Established Brands, and Other		15,473		14,660		30,004		36,499
Rare Disease		(6,663)		(4,473)		(17,111)		(5,751)
Depreciation and amortization		(13,764)		(11,324)		(28,321)		(22,222)
Corporate and other unallocated expenses⁽¹⁾		(7,959)		(14,416)		(16,680)		(21,034)
Total operating loss	$	(12,913)	$	(15,553)	$	(32,108)	$	(12,508)

Interest expense, net		(6,669)		(2,531)		(13,282)		(4,985)
Other income/(expense), net		764		(67)		675		(582)
Loss before benefit for income taxes	$	(18,818)	$	(18,151)	$	(44,715)	$	(18,075)

(1)

Includes expenses not directly allocated or attributable to a reporting segment, including certain management, legal, accounting, human resources, insurance, and information technology expenses, and are included in selling, general, and administrative expenses in our unaudited interim consolidated statement of operations.

Schedule of revenue by geographic operations


(in thousands)	Three Months Ended June 30,				Six Months Ended June 30,
Location of Operations	2022		2021		2022		2021
United States	$	72,811	$	47,580	$	136,571	$	100,907
Canada		1,044		1,045		1,761		2,239
Total Revenue	$	73,855	$	48,625	$	138,332	$	103,146

Schedule of property and equipment by geographic location


(in thousands)	June 30, 2022		December 31, 2021
United States	$	38,964	$	38,564
Canada⁽¹⁾		4,552		13,831
India		255		276
Total property and equipment, net	$	43,771	$	52,671

(1)

Amounts as of June 30, 2022 exclude the land and building at our Canada facility, which are classified as held for sale as of June 30, 2022. These assets have a carrying value of $8.0 million.