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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Intangible Assets

Goodwill and intangible assets consists of the following:

 

 

 

 

 

December 31, 2023

 

 

December 31, 2022

 

(In thousands)

 

Weighted Amortizable Life (Years)

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

Goodwill (1)

 

 

 

$

83,027

 

 

$

 

 

$

83,027

 

 

$

83,027

 

 

$

 

 

$

83,027

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Collaboration agreements

 

12

 

$

465,590

 

 

$

(465,590

)

 

$

 

 

$

465,590

 

 

$

(435,887

)

 

$

29,703

 

Capitalized IP

 

11-13

 

 

118,160

 

 

 

(116,169

)

 

 

1,991

 

 

 

118,160

 

 

 

(110,183

)

 

 

7,977

 

Total

 

 

 

$

583,750

 

 

$

(581,759

)

 

$

1,991

 

 

$

583,750

 

 

$

(546,070

)

 

$

37,680

 

 

(1)
In connection with the sale of the Athlone Facility, certain of the Company’s property, plant and equipment has been classified as “Assets held for sale” in the accompanying consolidated balance sheets at December 31, 2023 and 2022. In addition, certain prior period amounts have been retrospectively adjusted to reflect the effects of the Separation and classified as “Assets held for discontinued operations” in the accompanying consolidated balance sheet at December 31, 2022.