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SEGMENT REPORTING (Tables)
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of financial information by reportable segments
Financial information by reportable segment is as follows:
Three Months Ended September 30, 2025
Generics and OtherRare Disease and BrandsCorporate and UnallocatedTotal
Net Revenues$98,688$129,125$— $227,813 
Less:
Cost of sales (excluding depreciation and amortization)53,736 39,653 — 93,389 
Research and development8,472 3,832 — 12,304 
Selling, general, and administrative1,405 43,983 31,268 76,656 
Depreciation and amortization— — 22,632 22,632 
Contingent consideration fair value adjustment— — (14,470)(14,470)
Loss on disposal of assets— — 295 295 
Intangible asset impairment charge— — 767 767 
Operating Income (Loss) $35,075 $41,657 $(40,492)$36,240 
Unrealized gain on investment in equity securities$— $— $3,140 $3,140 
Interest expense, net— — (4,727)(4,727)
Other expense, net— — (853)(853)
Income (Loss) Before Income Tax Expense$35,075 $41,657 $(42,932)$33,800 
Three Months Ended September 30, 2024
Generics and OtherRare Disease and BrandsCorporate and UnallocatedTotal
Net Revenues$82,711$65,621$— $148,332 
Less:
Cost of sales (excluding depreciation and amortization)42,585 20,490 — 63,075 
Research and development6,123 4,005 — 10,128 
Selling, general, and administrative1,384 35,705 41,986 79,075 
Depreciation and amortization— — 15,748 15,748 
Contingent consideration fair value adjustment— — 825 825 
Operating (Loss) Income$32,619$5,421$(58,559)$(20,519)
Unrealized gain on investment in equity securities$— $— $1,355 $1,355 
Interest expense, net— — (2,331)(2,331)
Other expense, net— — (2,535)(2,535)
Loss on extinguishment of debt(7,468)(7,468)
Income (Loss) Before Income Tax Benefit$32,619$5,421$(69,538)$(31,498)
Nine Months Ended September 30, 2025
Generics and OtherRare Disease and BrandsCorporate and UnallocatedTotal
Net Revenues$295,941$340,365$— $636,306 
Less:
Cost of sales (excluding depreciation and amortization)143,468 97,573 — 241,041 
Research and development26,474 12,929 — 39,403 
Selling, general, and administrative4,202 137,610 93,143 234,955 
Depreciation and amortization— — 68,804 68,804 
Contingent consideration fair value adjustment— — (25,285)(25,285)
Loss on disposal of assets— — 295 295 
Intangible asset impairment charge— — 767 767 
Operating Income (Loss) $121,797$92,253$(137,724)$76,326
Unrealized gain on investment in equity securities$— $— $2,551 $2,551 
Interest expense, net— — (15,649)(15,649)
Other income, net— — 1,084 1,084 
Income (Loss) Before Income Tax Expense$121,797$92,253$(149,738)$64,312 
Nine Months Ended September 30, 2024
Generics and OtherRare Disease and BrandsCorporate and UnallocatedTotal
Net Revenues$236,346$187,456$— $423,802 
Less:
Cost of sales (excluding depreciation and amortization)121,399 48,531 — 169,930 
Research and development19,569 8,366 — 27,935 
Selling, general, and administrative3,737 86,720 89,460 179,917 
Depreciation and amortization— — 45,131 45,131 
Contingent consideration fair value adjustment— — 1,274 1,274 
Gain on sale of building— — (5,347)(5,347)
Operating Income (Loss)$91,641$43,839$(130,518)$4,962
Unrealized gain on investment in equity securities$— $— $8,298 $8,298 
Interest expense, net— — (11,587)(11,587)
Other expense, net— — (2,655)(2,655)
Loss on extinguishment of debt(7,468)(7,468)
Income (Loss) Before Income Tax Benefit$91,641$43,839$(143,930)$(8,450)