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Equity Method Investment (Tables)
12 Months Ended
Dec. 31, 2022
Equity Method Investment  
Schedule of financial information of Angel Pharmaceuticals Co.

Summary financial information for Angel Pharmaceuticals is as follows:

As of

As of

Balance Sheet Data

    

December 31, 2022

December 31, 2021

 

(in thousands)

Current assets

$

29,062

$

38,608

Non-current assets

 

1,652

 

1,818

Current liabilities

 

6,293

 

2,119

Non-current liabilities

 

985

 

105

Stockholders' equity

23,436

38,202

Year Ended December 31,

Statement of Operations Data

    

2022

2021

2020 (1)

 

(in thousands)

Net loss

$

(11,846)

$

(5,697)

$

(274)

Share of loss from investments accounted for using the equity method

 

(10,005)

 

(4,831)

 

(234)

(1)The Company’s share of loss is based on net loss beginning October 2020 upon the deconsolidation of Angel Pharmaceuticals.