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SEGMENT REPORTING (Tables)
 6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Schedule of financial information by reportable segments
Financial information by reportable segment is as follows:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2023202220232022
Net Revenues
Generics, Established Brands, and Other$92,243 $63,653 $182,699 $126,838 
Rare Disease24,304 10,202 40,634 11,494 
Total net revenues$116,547 $73,855 $223,333 $138,332 
Segment earnings (loss) before interest, taxes, depreciation and amortization (“EBITDA”) and reconciliation to income (loss) before income taxes
Generics, Established Brands, and Other$39,937 $15,473 $78,765 $30,004 
Rare Disease4,215 (6,663)2,964 (17,111)
Depreciation and amortization(14,690)(13,764)(29,390)(28,321)
Corporate and other unallocated expenses(1)
(17,060)(7,959)(30,042)(16,680)
Total operating income (loss)12,402 (12,913)22,297 (32,108)
Interest expense, net(7,100)(6,669)(14,796)(13,282)
Other (expense) income, net(53)764 (87)675 
Income (Loss) Before Income Tax Benefit $5,249 $(18,818)$7,414 $(44,715)
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(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
The following table depicts the Company’s revenue by geographic operations during the following periods:
(in thousands)Three Months Ended June 30,Six Months Ended June 30,
Location of Operations2023202220232022
United States$116,547 $72,811 $222,768 $136,571 
Canada— 1,044 565 1,761 
Total Revenue$116,547 $73,855 $223,333 $138,332 
Schedule of property, plant and equipment, net by geographic location
(in thousands)June 30, 2023December 31, 2022
United States$43,156 $40,343 
Canada(1)
— 1,856 
India1,215 1,047 
Total property and equipment, net$44,371 $43,246 
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(1)Amounts as of June 30, 2023 exclude the land and building at our Canada facility, which are classified as held for sale as of June 30, 2023. These assets have a carrying value of $8.0 million.