XML 49 R39.htm IDEA: XBRL DOCUMENT v3.25.2
SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of financial information by reportable segments
Financial information by reportable segment is as follows:
Three Months Ended June 30, 2025
Generics and OtherRare Disease and BrandsCorporate and UnallocatedTotal
Net Revenues$94,213$117,158$— $211,371 
Less:
Cost of sales (excluding depreciation and amortization)43,231 31,384 — 74,615 
Research and development11,414 5,121 — 16,535 
Selling, general, and administrative1,389 51,191 29,191 81,771 
Depreciation and amortization— — 23,281 23,281 
Contingent consideration fair value adjustment— — 1,277 1,277 
Operating (Loss) Income $38,179 $29,462 $(53,749)$13,892 
Unrealized gain on investment in equity securities$— $— $332 $332 
Interest expense, net— — (5,438)(5,438)
Other income, net— — 1,739 1,739 
Income (Loss) Before Income Tax Expense$38,179 $29,462 $(57,116)$10,525 
Three Months Ended June 30, 2024
Generics and OtherRare Disease and BrandsCorporate and UnallocatedTotal
Net Revenues$78,821$59,219$— $138,040 
Less:
Cost of sales (excluding depreciation and amortization)42,014 15,684 — 57,698 
Research and development5,427 1,869 — 7,296 
Selling, general, and administrative1,344 26,349 25,128 52,821 
Depreciation and amortization— — 14,697 14,697 
Contingent consideration fair value adjustment— — 359 359 
Gain on sale of building— — — — 
Operating (Loss) Income$30,036$15,317$(40,184)$5,169
Unrealized loss on investment in equity securities$— $— $(2,712)$(2,712)
Interest expense, net— — (4,656)(4,656)
Other expense, net— — (88)(88)
Income (Loss) Before Income Tax Expense$30,036$15,317$(47,640)$(2,287)
Six Months Ended June 30, 2025
Generics and OtherRare Disease and BrandsCorporate and UnallocatedTotal
Net Revenues$197,253$211,240$— $408,493 
Cost of sales (excluding depreciation and amortization)89,732 57,920 — 147,652 
Research and development18,002 9,097 — 27,099 
Selling, general, and administrative2,797 93,627 61,875 158,299 
Depreciation and amortization— — 46,172 46,172 
Contingent consideration fair value adjustment— — (10,815)(10,815)
Operating (Loss) Income$86,722$50,596$(97,232)$40,086
Unrealized loss on investment in equity securities$— $— $(589)$(589)
Interest expense, net— — (10,922)(10,922)
Other income, net— — 1,937 1,937 
Income (Loss) Before Income Tax Expense$86,722$50,596$(106,806)$30,512 
Six Months Ended June 30, 2024
Generics and OtherRare Disease and BrandsCorporate and UnallocatedTotal
Net Revenues$153,635$121,835$— $275,470 
Cost of sales (excluding depreciation and amortization)78,814 28,041 — 106,855 
Research and development13,446 4,361 — 17,807 
Selling, general, and administrative2,354 51,015 47,473 100,842 
Depreciation and amortization— — 29,383 29,383 
Contingent consideration fair value adjustment— — 449 449 
Gain on sale of building— — (5,347)(5,347)
Operating (Loss) Income$59,021$38,418$(71,958)$25,481
Unrealized gain on investment in equity securities$— $— $6,943 $6,943 
Interest expense, net— — (9,256)(9,256)
Other expense, net— — (120)(120)
Income (Loss) Before Income Tax Expense$59,021$38,418$(74,391)$23,048