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SEGMENT REPORTING (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of financial information by reportable segments
Financial information by reportable segment is as follows:
Year Ended December 31, 2024
Generics and OtherRare Disease and BrandsCorporate and Unallocated Total
Net Revenues $320,034$294,342$— $614,376 
Cost of sales (excluding depreciation and amortization) (168,371)(81,839)— (250,210)
Research and Development (30,519)(14,062)— (44,581)
Selling, general, and administrative(5,120)(125,972)(118,544)(249,636)
Depreciation and amortization— — (67,731)(67,731)
Fair value adjustment — — 619 619 
Gain on sale of building— — 5,347 5,347 
Intangible asset impairment charge — — (7,600)(7,600)
Operating Income (Loss)$116,024$72,469$(187,909)$584 
Unrealized gain on investment in equity securities $$$6,307 6,307 
Interest expense, net — — (17,602)(17,602)
Other expense, net — — (4,033)(4,033)
Loss on extinguishment of debt— — (7,468)(7,468)
Income (Loss) Before Expense (Benefit) for Income Taxes $116,024$72,469$(210,705)$(22,212)
Year Ended December 31, 2023
Generics and OtherRare Disease and BrandsCorporate and UnallocatedTotal
Net Revenues$289,314$197,502$— $486,816 
Cost of sales (excluding depreciation and amortization)(152,739)(28,774)— (181,513)
Research and Development(28,197)(6,089)— (34,286)
Selling, general, and administrative(2,451)(73,466)(85,780)(161,697)
Depreciation and amortization— — (59,791)(59,791)
Fair value adjustment— — (1,426)(1,426)
Restructuring activities— — (1,132)(1,132)
Operating Income (Loss)$105,927$89,173$(148,129)$46,971 
Interest expense, net— — (26,940)(26,940)
Other expense, net— — (159)(159)
Income (Loss) Before Expense for Income Taxes$105,927$89,173$(175,228)$19,872 
Year Ended December 31, 2022
Generics and OtherRare Disease and BrandsCorporate and UnallocatedTotal
Net Revenues$235,237$81,148$— $316,385 
Cost of sales (excluding depreciation and amortization)(125,835)(12,950)— (138,785)
Research and Development(19,964)(2,354)— (22,318)
Selling, general, and administrative(3,963)(55,306)(64,775)(124,044)
Depreciation and amortization— — (56,972)(56,972)
Fair value adjustment— — (3,758)(3,758)
Restructuring activities— — (5,679)(5,679)
Intangible asset impairment charge (112)(112)
Operating Income (Loss)$85,475$10,538$(131,296)$(35,283)
Interest expense, net— — (28,052)(28,052)
Other income, net— — 670 670 
Income (Loss) Before Benefit for Income Taxes$85,475$10,538$(158,678)$(62,665)
Schedule of revenue by geographic operations
The following table depicts the Company’s revenue by geographic operations during the following periods:
(in thousands)Years Ended December 31,
Location of Operations202420232022
United States$604,989$486,251$312,427
International9,3875653,958
Total Revenue$614,376$486,816$316,385
Schedule of property, plant and equipment, net by geographic location
(in thousands)December 31, 2024December 31, 2023
United States$54,730$43,163
International2,1331,430
Total property and equipment, net$56,863$44,593