License and Acquired Intangibles, Net (Tables)

3 Months Ended

Mar. 31, 2025

Finite-Lived Intangible Assets, Net [Abstract]

Schedule of Finite-Lived Intangible Assets

The following table presents the Company’s intangible assets at March 31, 2025 (in thousands):

	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Intangible assets:
License and acquired intangibles for RUZURGI®	$	33,569	$	6,319	$	27,250
License and acquired intangibles for FYCOMPA®		158,143		69,209		88,934
License and acquired intangibles for AGAMREE®		36,000		4,857		31,143
Total	$	227,712	$	80,385	$	147,327

The following table presents the Company’s intangible assets at December 31, 2024 (in thousands):

	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Intangible assets:
License and acquired intangibles for RUZURGI®	$	33,569	$	5,739	$	27,830
License and acquired intangibles for FYCOMPA®		158,143		61,301		96,842
License and acquired intangibles for AGAMREE®		36,000		4,000		32,000
Total	$	227,712	$	71,040	$	156,672

Schedule of Finite-Lived, Future Amortization Expense

The following table presents future amortization expense the Company expects for its intangible assets (in thousands):

2025 (remaining nine months)	$	28,033
2026		37,378
2027		37,378
2028		7,705
2029		5,750
Thereafter		31,083
Total	$	147,327