XML 115 R101.htm IDEA: XBRL DOCUMENT v3.25.0.1
SEGMENT REPORTING - Revenue (Details)
12 Months Ended
Dec. 31, 2024
USD ($)
segment
productFamily
brand
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Segment reporting      
Number of operating segments | segment 2    
Established brand products | brand 16    
Product families | productFamily 100    
Net Revenues $ 614,376,000 $ 486,816,000 $ 316,385,000
Cost of sales (excluding depreciation and amortization) (250,210,000) (181,513,000) (138,785,000)
Research and Development (44,581,000) (34,286,000) (22,318,000)
Selling, general, and administrative (249,636,000) (161,697,000) (124,044,000)
Depreciation and amortization (67,731,000) (59,791,000) (56,972,000)
Fair value adjustment 619,000 (1,426,000) (3,758,000)
Restructuring activities 0 (1,132,000) (5,679,000)
Gain on sale of building 5,347,000 0 0
Intangible asset impairment charge (7,600,000) 0 (112,000)
Operating Income (Loss) 584,000 46,971,000 (35,283,000)
Unrealized gain on investment in equity securities 6,307,000 0 0
Interest expense, net (17,602,000) (26,940,000) (28,052,000)
Other (expense) income, net (4,033,000) (159,000) 670,000
Loss on extinguishment of debt 7,468,000 0 0
(Loss) Income Before (Benefit) Expense for Income Taxes (22,212,000) 19,872,000 (62,665,000)
Operating Segments | Generics and Other      
Segment reporting      
Net Revenues 320,034,000 289,314,000 235,237,000
Cost of sales (excluding depreciation and amortization) (168,371,000) (152,739,000) (125,835,000)
Research and Development (30,519,000) (28,197,000) (19,964,000)
Selling, general, and administrative (5,120,000) (2,451,000) (3,963,000)
Depreciation and amortization 0 0 0
Fair value adjustment 0 0 0
Restructuring activities   0 0
Gain on sale of building 0    
Intangible asset impairment charge 0   0
Operating Income (Loss) 116,024,000 105,927,000 85,475,000
Unrealized gain on investment in equity securities 0    
Interest expense, net 0 0 0
Other (expense) income, net 0 0 0
Loss on extinguishment of debt 0    
(Loss) Income Before (Benefit) Expense for Income Taxes 116,024,000 105,927,000 85,475,000
Operating Segments | Rare Disease and Brands      
Segment reporting      
Net Revenues 294,342,000 197,502,000 81,148,000
Cost of sales (excluding depreciation and amortization) (81,839,000) (28,774,000) (12,950,000)
Research and Development (14,062,000) (6,089,000) (2,354,000)
Selling, general, and administrative (125,972,000) (73,466,000) (55,306,000)
Depreciation and amortization 0 0 0
Fair value adjustment 0 0 0
Restructuring activities   0 0
Gain on sale of building 0    
Intangible asset impairment charge 0   0
Operating Income (Loss) 72,469,000 89,173,000 10,538,000
Unrealized gain on investment in equity securities 0    
Interest expense, net 0 0 0
Other (expense) income, net 0 0 0
Loss on extinguishment of debt 0    
(Loss) Income Before (Benefit) Expense for Income Taxes 72,469,000 89,173,000 10,538,000
Corporate and Unallocated      
Segment reporting      
Net Revenues 0 0 0
Cost of sales (excluding depreciation and amortization) 0 0 0
Research and Development 0 0 0
Selling, general, and administrative (118,544,000) (85,780,000) (64,775,000)
Depreciation and amortization (67,731,000) (59,791,000) (56,972,000)
Fair value adjustment 619,000 (1,426,000) (3,758,000)
Restructuring activities   (1,132,000) (5,679,000)
Gain on sale of building 5,347,000    
Intangible asset impairment charge (7,600,000)   (112,000)
Operating Income (Loss) (187,909,000) (148,129,000) (131,296,000)
Unrealized gain on investment in equity securities 6,307,000    
Interest expense, net (17,602,000) (26,940,000) (28,052,000)
Other (expense) income, net (4,033,000) (159,000) 670,000
Loss on extinguishment of debt 7,468,000    
(Loss) Income Before (Benefit) Expense for Income Taxes $ (210,705,000) $ (175,228,000) $ (158,678,000)